Business Analyst with Life Insurance

CapgeminiBridgewater, NJ
$90,000 - $120,000Onsite

About The Position

Choosing Capgemini means choosing a company where you will be empowered to shape your career in the way you’d like, where you’ll be supported and inspired by a collaborative community of colleagues around the world, and where you’ll be able to reimagine what’s possible. Join us and help the world’s leading organizations unlock the value of technology and build a more sustainable, more inclusive world. 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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