What are the responsibilities and job description for the Business Analyst- Bala Cynwyd, PA position at Tokio Marine North America Services LLC?
Marketing Statement :
Tokio Marine North America Services (TMNAS) provides professional support services to Tokio Marine Group companies in the United States, including Tokio Marine America, First Insurance Company of Hawaii, and Philadelphia Insurance Companies. Customer service is our focus and our passion! Tokio Marine North America Services adds value in all that we do, providing the best professional service to our business partners, allowing them to achieve their goals. Our talented team delivers actuarial, audit, corporate communications, financial and investment, human capital services, information technology, legal, and payroll expertise to our customers.
Job Summary :
We are looking for a highly motivated individual with a passion for Business Analysis (BA). This person will join our high-functioning team that delivers and supports services across the U.S. and Mexico to the North American businesses of the Tokio Marine Group. This role will be responsible for business analysis functions in support of Philadelphia Insurance Companies (PHLY), TMNAS IT teams, and the TMNAS BA Practice.
In addition to the primary focus on Policy Administration Systems, this role will also support underwriting functions within the Property and Casualty (P&C) insurance sector. This includes understanding how underwriting processes operate and impact the PHLY operation, as well as how these processes interact within an IT ecosystem. The candidate will need an understanding of P&C products and their lifecycle to support current system features and functions, define system impact for new requests, and operate in a highly matrixed project environment.
This role will work closely with business team members, IT leaders, and vendor partners to elicit and develop business and functional requirements, support testing and training activities, and participate in operational support activities.
A candidate for this position must be motivated to work within a varied landscape of business and technical teams.
Essential Job Functions :
- Lead and support business requirements gathering for projects and enhancements, utilizing business analysis tools and techniques such as process modeling, data analysis, and requirements management software
- Facilitate communications between IT teams, business, and vendors, ensuring clear and effective collaboration
- Assist in formulating and designing system scope and objectives based on user needs and thorough understanding of business processes, including underwriting functions within the Property and Casualty (P&C) insurance sector
- Identify, evaluate, and recommend potential solution options. Support the resolution via projects and enhancements through to production deployment
- Perform operational support activities to triage and research production support issues, advocate for business users, and manage resolution of production defects through to production deployment
- Participate in the full software development life cycle (SDLC), including both waterfall and agile methodologies
- Conduct operational support turnover activities including creation of Quick Reference Guides, Standard Operating Procedures, Release Notes, and other job aids as applicable
- Perform special duties and other projects as assigned
- Comply with proper internal controls as necessary to conduct job functions and / or carry out responsibilities and / or administrative activities at the company
- Establish and build strong working relations and partnerships with various levels of IT team members, stakeholders, Business Units, and Senior Management
- Participate in industry events and forums to stay updated on the latest trends and best practices in business analysis and underwriting within the P&C insurance sector
Degree / Licenses and Professional Certification
Experience and Knowledge Required :
Salary range $63,000 to $82,000. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base.
EEO Statement :
Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and / or any other status protected by law.
Salary : $63,000 - $82,000
