Business Analyst- Commercial Underwriting Process

  • Posted 2 hours ago | Updated 2 hours ago

Overview

Remote
Depends on Experience
Contract - Independent
Contract - W2

Skills

Business Analysis
Underwriting

Job Details

Partner closely with Commercial Underwriters and underwriting leadership to understand current-state and future-state underwriting processes across:
Habitational General Liability (GL)
Management Liability
Excess (XS) Casualty
Lead requirements elicitation activities including interviews, workshops, and working sessions with underwriting stakeholders.
Develop clear, comprehensive, and high-quality Business Requirements Documents (BRDs), covering:
Business objectives, scope, and assumptions
Functional and non-functional requirements
Data requirements, business rules, and underwriting decision logic
Regulatory and compliance considerations
Translate underwriting workflows and risk assessment needs into structured, unambiguous requirements for technology, product, and delivery teams.
Maintain end-to-end requirements traceability from business need through design, development, testing, and UAT.
Act as the primary liaison between underwriting teams and IT/delivery teams to ensure alignment throughout the delivery lifecycle.
Support solution design reviews and validate that proposed solutions meet documented underwriting requirements.
Participate in UAT planning and execution, validating solutions against underwriting expectations.
Identify process gaps, inefficiencies, and opportunities for workflow optimization and automation within underwriting operations.
Manage requirement changes, assess downstream impacts, and communicate updates clearly to all stakeholders.
Basic Qualifications
(Skills required with minimum years of experience)

Minimum 5+ years of experience as a Business Analyst, preferably within insurance or financial services.
Minimum 3+ years of hands-on experience supporting Commercial Underwriting teams.
Proven experience authoring detailed Business Requirements Documents (BRDs) for complex underwriting or system transformation initiatives.
Strong understanding of Commercial Lines underwriting, including:
Risk assessment and appetite
Rating and pricing concepts
Underwriting rules and decision frameworks
Experience working on underwriting system implementations or modernization programs.
Strong ability to translate underwriting language into structured technical and functional requirements.
Excellent written, verbal, and stakeholder facilitation skills.
Ability to work independently and directly with underwriting stakeholders.

Nice to Have
(Preferred but not mandatory)

Experience working with underwriting platforms or PAS solutions such as Federato, Duck Creek, or similar systems.
Experience working in Agile and/or Waterfall delivery environments.
Business Analysis certifications such as CBAP, CCBA, or equivalent.
Exposure to underwriting transformation, workflow automation, or digital modernization initiatives.
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