Actuarial Systems Business Analyst

ChubbPhiladelphia, PA
1d

About The Position

Role Overview: The Actuarial Systems Business Analyst acts as a bridge between actuarial teams, IT, Finance, and business stakeholders. This role focuses on understanding actuarial processes, gathering requirements, and ensuring the successful implementation and maintenance of actuarial systems and tools. Key Responsibilities: Gather, document, and analyze business requirements from actuarial and business teams. Translate actuarial methodologies and calculations into system requirements and specifications. Collaborate with IT teams to design, test, and implement system enhancements or new solutions. Support actuarial modeling and reporting processes through system automation and optimization. Perform system testing (UAT), data validation, and troubleshoot issues. Develop and maintain documentation for system processes, data flows, and user guides. Train end-users and provide ongoing support for actuarial systems. Participate in project management activities, including timelines, deliverables, and status reporting.

Requirements

  • Bachelor’s degree in Actuarial Science, Finance, Accounting, Information Systems, Business Administration, or related field.
  • 5+ years of project management experience, preferably in finance systems (e.g., FP&A software such as TM1, Essbase, GenAI, Dashboarding tools).
  • Strong understanding of finance and Actuarial processes and systems.
  • Strong preference for Insurance experience.
  • Experience with project management tools (e.g., MS Project, JIRA, Asana).
  • Excellent communication, leadership, and stakeholder management skills.
  • Proven ability to manage multiple priorities in a fast-paced environment.

Nice To Haves

  • Prior experience in a business analyst role within insurance or financial services.
  • Familiarity with project management methodologies (Agile, Waterfall).
  • Progress towards actuarial exams (SOA, CAS, or equivalent) is an asset.

Responsibilities

  • Gather, document, and analyze business requirements from actuarial and business teams.
  • Translate actuarial methodologies and calculations into system requirements and specifications.
  • Collaborate with IT teams to design, test, and implement system enhancements or new solutions.
  • Support actuarial modeling and reporting processes through system automation and optimization.
  • Perform system testing (UAT), data validation, and troubleshoot issues.
  • Develop and maintain documentation for system processes, data flows, and user guides.
  • Train end-users and provide ongoing support for actuarial systems.
  • Participate in project management activities, including timelines, deliverables, and status reporting.
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