Business Analyst with Life Insurance

CapgeminiNew York, NY
$90,000 - $120,000

About The Position

We are looking for a seasoned Product Owner/ Business Analyst with deep domain expertise in Life Insurance and Annuity business processes. The ideal candidate will act as a subject matter expert SME bridging the gap between business stakeholders and technical teams to deliver high impact solutions that align with regulatory requirements and customer needs.

Requirements

  • 7-10 years of experience as a Business Analyst in the Life Insurance and Annuity domain
  • Strong understanding of annuity products eg fixed variable indexed etc policy lifecycle and regulatory frameworks eg NAIC DOL fiduciary rules
  • Proven experience in business process modeling requirements gathering and documentation
  • Familiarity with insurance platforms such as Admin systems or similar
  • Experience working in Agile Scrum environments
  • Excellent communication stakeholder management and problem solving skills
  • Proficiency in tools like JIRA Confluence Visio and MS Office Suite
  • Bachelors degree in Business Finance Insurance or a related field
  • Certifications such as LOMA eg FLMI ARA or Agile certifications eg CSPO PMIACP

Responsibilities

  • Serve as a domain expert in Annuities including product structures policy administration claims underwriting and regulatory compliance
  • Elicit analyze and document business requirements process flows and system interactions
  • Collaborate with product owners actuaries underwriters and IT teams to define and prioritize business needs
  • Translate complex insurance and annuity concepts into clear actionable user stories and acceptance criteria
  • Support the development and implementation of new insurance products and enhancements to existing systems
  • Conduct gap analysis root cause analysis and impact assessments for business process changes
  • Facilitate workshops and stakeholder meetings to gather insights and validate requirements
  • Ensure solutions meet business goals compliance standards and customer expectations
  • Assist in user acceptance testing UAT training and postimplementation support

Benefits

  • Paid time off based on employee grade (A-F), defined by policy: Vacation: 12-25 days, depending on grade
  • Company paid holidays
  • Personal Days
  • Sick Leave
  • Medical, dental, and vision coverage (or provincial healthcare coordination in Canada)
  • Retirement savings plans (e.g., 401(k) in the U.S., RRSP in Canada)
  • Life and disability insurance
  • Employee assistance programs
  • Other benefits as provided by local policy and eligibility
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