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Business Analyst
Business AnalystOdyssey Group • New York, NY, US
Business Analyst

Business Analyst

Odyssey Group • New York, NY, US
2 days ago
Job type
  • Full-time
Job description

Business Analyst

Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.

Hudson underwrites specialty primary and excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through Hudson Specialty Insurance Company and Hudson Excess Insurance Company. Hudson Insurance Company is admitted in all U.S. jurisdictions. Hudson has surplus lines eligibility in all U.S. jurisdictions through Hudson Specialty Insurance Company and Hudson Excess Insurance Company.

Collectively known as Hudson Insurance Group, its companies are rated A (Excellent) by A.M. Best, Financial Size Category XV. Hudson Insurance Group is the U.S. Insurance Division of Odyssey Group, a leading worldwide underwriter of reinsurance and specialty insurance and wholly owned by Fairfax Financial Holdings Limited.

Position Description

We are looking for a seasoned Business Analyst (policy / UW in commercial insurance preferred with a claims minor) with extensive experience in the insurance sector. The ideal candidate will have a strong analytical mindset, excellent problem-solving skills, and the ability to communicate effectively with both technical and non-technical stakeholders. They should have a proven track record of successfully managing and delivering complex projects within the insurance domain.

Skills, Knowledge and Abilities

  • Solution, lead and drive projects to conclusion from a business point of view time, budget, and scope definition.
  • Conduct thorough analysis of business processes and identify areas for improvement.
  • Collaborate with stakeholders to gather and document business requirements.
  • Design and implement innovative solutions to enhance business operations and drive efficiency.
  • Facilitate workshops and meetings to ensure alignment and understanding of project objectives.
  • Develop and maintain comprehensive documentation, including business requirements, process flows, and user stories.
  • Provide ongoing support and guidance to project teams throughout the project lifecycle.

Education / Experience

  • 5 to 8 years of experience as a Business Analyst within the insurance industry.
  • In depth knowledge and hands-on-experience on integrated platforms combining Policy - Administration, Rating, Forms, Billing, Financial Applications and 3rd party software such as CLUE, D&B, RiskMeter etc.
  • Claims experience a positive.
  • Strong understanding of insurance products, processes, and regulations.
  • Understands claims from operation system standpoint.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Exceptional communication and interpersonal abilities.
  • Proficiency in business analysis tools and methodologies.
  • Experience with project management and agile methodologies is a plus.
  • Bachelor's degree in Business Administration, Finance, or a related field. A relevant certification (e.g., CBAP) is highly desirable.
  • In New York City, NY the pay range for this role is $125,000 - $150,000. This role may also be eligible to participate in a discretionary annual incentive program. The specific offer will depend on an applicant's skills and other factors. This range is specific to New York City, NY and may not be applicable to other locations.

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    Analyst • New York, NY, US

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