Business Analyst - Annuities

Business Analyst - Annuities

Location : Washington, DC

Salary : $95000 - $120000 / Year

Job Type : Full-Time | Exempt

Benefits : This position is eligible for medical, dental, vision, 401(k), and PTO.

No sponsorship available

The Business Analyst (BA) is a detail-oriented professional who plays a crucial role in the insured retirement industry. The BA identifies, analyzes, assesses, and documents various aspects of business processes and data to improve efficiency, modernize the market, and drive growth. The BA also acts as a bridge between business stakeholders, technology, and solution partners to gain alignment, define standards, track measures of success, and drive adoption. The BA is well-versed in insurance industry standards, policies, and trends.

Primary Responsibilities

• Requirement Gathering : Build trusted relationships and collaborate with stakeholders to identify, document, and prioritize business requirements, ensuring a clear understanding of objectives, constraints, and success criteria.
• Business Process Analysis : Analyze existing business processes, workflows, and systems to identify areas for improvement, efficiency gains, and automation opportunities.
• Data Collection : Work with clients and directors to collect data necessary for initiatives.
• Data Analysis : Collect, evaluate, and interpret data to support decision-making processes, data visualizations, and reporting measures of success.
• Data Visualization : Assist directors with developing reports, dashboards, and data visualizations as needed with PowerBI and Excel.
• Documentation : Create detailed documentation, including business requirements documents, use cases, functional specifications, and process flows, to guide development and implementation.
• Stakeholder Communication : Facilitate communication between member firm business units and technical teams to ensure a shared understanding of project scope and requirements.
• Solution Design : Collaborate with technical teams to design and review industry solutions that align with business goals and requirements.
• Project Management : Assist in project planning with estimates and implementation timelines, tracking, and reporting to ensure adoption. Proactively communicate project status, issues, and solutions to stakeholders. Escalate issues as needed to leadership.
• Monitor and Assist with Digital Standards Hosting Platform (GitHub) : Support directors in monitoring and managing the industry's Digital Standards Hosting Platform.
• Continuous Improvement : Continuously monitor and assess business processes and systems, recommending improvements and innovations to drive business growth and efficiency.
• Risk Management : Identify and address potential risks and issues that may impact success, working with stakeholders to develop mitigation strategies.
• Communications : Utilize excellent written and verbal communication skills to communicate recommended solutions, weighing risks, benefits, and potential value.
• Presentations and Meetings : Assist in the preparation of presentations using Microsoft Office Suite. Schedule, attend, or facilitate meetings as needed to support project activities.

Other

Supervisory Responsibilities

Education and Experience

Preferred Qualifications

Work Environment

This job operates in a professional or home office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and virtual fax machine.

Physical Demands

This position is largely a sedentary role, though it may occasionally require the ability to lift, bend, or stand.

Disclaimer

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required for this position. Duties, responsibilities, and activities may change, or new ones may be assigned as necessitated by business demands.

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.