Position: Business System Analyst with Property and Casualty Domain.
Location: Glen Allen, VA
Duration: 12+ Months
Responsibilities:
We are seeking an experienced Business Analyst with a strong background in the Property and Casualty (P&C) insurance domain. The ideal candidate will act as a bridge between business stakeholders and technical teams, gathering requirements, analyzing processes, and facilitating solutions to improve our insurance operations, underwriting, claims management, and policy administration.
Key Responsibilities:
- Collaborate with underwriting, claims, actuarial, and other domain experts to understand and document business needs and processes within the P&C insurance space.
- Gather, analyze, and translate business requirements into detailed functional specifications and user stories for development teams.
- Conduct gap analysis to identify areas for process improvement and system enhancement.
- Support the design, testing, and implementation of P&C insurance solutions, ensuring alignment with business goals.
- Assist in the development of data models, workflows, and reports related to insurance operations.
- Facilitate communication among stakeholders, project teams, and vendors to ensure clear understanding and successful delivery.
- Support regulatory compliance, risk management, and audit requirements by ensuring systems and processes meet industry standards.
- Keep abreast of industry trends, regulatory changes, and emerging technologies within the P&C insurance domain.
Qualifications and Skills:
- Bachelor’s degree in Business Administration, Insurance, Finance, Computer Science, or a related field.
- Proven experience as a Business Analyst in the Property and Casualty insurance domain.
- Strong understanding of P&C insurance processes, including underwriting, policy administration, claims handling, ratemaking, and risk assessment.
- Experience with insurance software platforms like Guidewire, Duck Creek, Vertafore, or similar.
- Excellent analytical, problem-solving, and documentation skills.
- Strong communication and stakeholder management abilities.
- Knowledge of industry regulations, compliance standards, and best practices.
- Ability to work independently and collaboratively in a fast-paced environment.
Preferred Qualifications:
- Professional certifications such as CBAP, CCBA, or PMI-PBA.
- Experience with Agile/Scrum methodologies.
- Knowledge of insurance data analytics and reporting tools.