Business Analyst-Insurance Domain

Job Title: Business Analyst-Insurance Domain

Location: Jersey City, NJ

Duration: / Term: 6+ months

Experience Desired: 12+ Years

Job Description:

Business Analysis & Process Improvement

• Analyze end-to-end insurance business processes, systems, and data to identify gaps, inefficiencies, and opportunities for optimization.
• Recommend process improvements and system enhancements aligned with business goals and regulatory requirements.
• Support initiatives related to policy administration, underwriting, claims, billing, and customer service systems.

Requirements Gathering & Documentation

• Elicit, analyze, document, and validate business and functional requirements through stakeholder interviews, workshops, and working sessions.
• Translate business requirements into detailed functional specifications, use cases, process flows, and data mappings.
• Ensure requirements are clear, complete, testable, and aligned with business objectives.

Stakeholder & Cross-Functional Collaboration

• Act as a liaison between business users, product owners, developers, QA teams, and vendors.
• Support development teams throughout the SDLC to ensure accurate and timely implementation of requirements.
• Participate in sprint planning, backlog grooming, UAT support, and defect resolution activities.

Documentation & Knowledge Management

• Develop and maintain comprehensive project documentation including business requirement documents (BRDs), functional requirement documents (FRDs), process flow diagrams, user guides, and training materials.
• Ensure documentation complies with internal standards and regulatory guidelines relevant to the insurance industry.

Required Experience

• 12+ years experience as a Business Analyst
• 5 7 years of experience as a Business Analyst, preferably within the Insurance domain.
• Strong understanding of insurance operations, workflows, and regulatory considerations.
• Proven expertise in requirements gathering, business process modeling, and functional documentation.
• Excellent analytical, problem-solving, and critical-thinking skills.
• Strong verbal and written communication skills with the ability to engage both technical and non-technical stakeholders.

Preferred Skills & Competencies

• Experience working in Agile and/or Waterfall project environments.
• Proficiency with business process modeling tools (e.g., Visio, BPMN tools).
• Familiarity with business intelligence, reporting tools, and data analysis techniques.
• Experience supporting UAT and working with QA teams.
• Ability to manage multiple priorities in a fast-paced environment.

Key Skills:

Business Analyst, Insurance, P&C, SQL, Python