Insurance Business Analyst

Job title : Senior Business Analyst

Location- Whitehouse Station-NJ

Terms: Contract

Job summary :

• We are seeking a Sr. Business Analyst with 5 to 8 years of experience in the insurance industry.
• The ideal candidate will have a strong background in insurance products and will work in a hybrid model with day shifts.
• This role does not require travel.
• The Sr. Business Analyst will play a crucial role in analyzing business needs, identifying solutions, and ensuring successful implementation to drive business growth and efficiency.

Experience : 5 to 8 Years

Required Skills:

• Insurance Products

Responsibilities:

• Analyze business requirements and translate them into functional specifications for insurance products.
• Collaborate with stakeholders to gather and document business needs and requirements.
• Develop and maintain detailed documentation of business processes and workflows.
• Provide insights and recommendations to improve business processes and increase efficiency
• Conduct gap analysis to identify areas for improvement and propose solutions.
• Work closely with development teams to ensure accurate implementation of business requirements
• Perform user acceptance testing to validate the functionality of new systems and enhancements.
• Monitor and evaluate the performance of implemented solutions to ensure they meet business objectives.
• Provide training and support to end-users to ensure successful adoption of new systems and processes.
• Lead cross-functional teams to drive project success and ensure timely delivery of solutions
• Communicate effectively with stakeholders at all levels to ensure alignment and understanding of project goals.
• Stay updated on industry trends and best practices to continuously improve business analysis processes.
• Ensure compliance with regulatory requirements and company policies in all business analysis activities.

Qualifications:

• Possess a strong understanding of insurance products and industry practices
• Have excellent analytical and problem-solving skills
• Demonstrate proficiency in business analysis tools and techniques
• Exhibit strong communication and interpersonal skills
• Show ability to work effectively in a hybrid work model
• Have experience with user acceptance testing and quality assurance processes
• Display a keen attention to detail and accuracy
• Be capable of managing multiple projects and priorities simultaneously
• Show commitment to continuous learning and professional development
• Have a proven track record of successfully delivering business analysis projects
• Demonstrate ability to work independently and as part of a team
• Possess strong organizational and time management skills
• Have a solid understanding of regulatory requirements in the insurance industry.

Certifications Required : Certified Business Analysis Professional (CBAP)

Certification in Insurance (CII)