Job Title : Business Analyst Insurance Retirement Domain
Location : Piscataway NJ (Locals preferred
Duration : 12 months
Position typeL W2 contract
About the Role :
We are seeking a dedicated Business Analyst with expertise in the Insurance Retirement domain t o join our team. The ideal candidate will possess a strong understanding of retirement insurance products pension plans and related financial processes along with a solid grasp of accounting terminology and principles relevant to the insurance industry . You will act as a bridge between business stakeholders and technical teams to deliver effective solutions that meet business needs.
Key Responsibilities :
- Gather analyze and document business requirements related to retirement insurance products pension plans and associated financial services.
- Collaborate with stakeholders from insurance finance actuarial and compliance teams to understand business processes and translate them into detailed requirements.
- Develop comprehensive functional and technical specifications ensuring alignment with industry standards and accounting principles.
- Map business processes and workflows identifying opportunities for process improvements and automation.
- Facilitate communication between business units and development teams to ensure solutions meet business objectives.
- Assist in testing activities including preparing test cases coordinating user acceptance testing (UAT) and documenting outcomes.
- Ensure solutions comply with regulatory standards accounting practices and internal policies.
- Support data analysis efforts by working with data models reports and dashboards utilizing accounting and insurance terminology.
- Provide ongoing support and training to ensure successful implementation and adoption of solutions.
Qualifications & Skills :
Bachelor s degree in Business Finance Accounting or related field.Proven experience as a B usiness Analyst within the Insurance industry specifically in the Retirement / Annuity / Pension domain.Strong understanding of insurance retirement products pension schemes and associated financial processes.Familiarity with accounting terminology such as reserves premiums amortization claims provisioning and financial reporting.Excellent analytical problem-solving and communication skills.Experience with BA tools like JIRA Visio MS Excel and PowerPoint.Ability to work collaboratively with cross-functional teams and stakeholders.Knowledge of regulatory standards applicable to insurance and retirement products.Preferred Qualifications :
Experience working with actuarial teams and financial reporting departments.Exposure to system implementations and integrations involving insurance and accounting platforms.Professional certifications such as CBAP PMI-PBA or CFAKey Skills
SQL,Agile,Business Analysis,Visio,Waterfall,Business Process Modeling,Requirements Gathering,User Acceptance Testing,Business requirements,SDLC,Systems Analysis,Data Analysis Skills
Employment Type : Full Time
Experience : years
Vacancy : 1