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Business Analyst – Insurance Retirement Domain
Business Analyst – Insurance Retirement DomainAccord Technologies Inc. • Piscataway, New Jersey, USA
Business Analyst – Insurance Retirement Domain

Business Analyst – Insurance Retirement Domain

Accord Technologies Inc. • Piscataway, New Jersey, USA
23 days ago
Job type
  • Full-time
Job description

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 CFA
  • Key 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

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    Insurance Analyst • Piscataway, New Jersey, USA

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