Business Systems Analyst, Finance Tech

MassMutual Financial GroupNew York, NY
39d

About The Position

Join our dynamic team as a Business System Analyst, where you'll play a pivotal role in driving the execution of our technology strategy. This role is crucial in driving digital transformation and operational efficiency across financial systems that support Actuarial, FP&A, Reinsurance, Treasury, Accounting and Tax functions. You will serve as a key liaison between Finance, IT, and CFO specific business units to design, implement, and optimize financial technology solutions. You'll be an integral part of our esteemed Corporate Technology Team, focused on Finance Technology. Our team operates on a global scale, driving innovation and excellence across diverse areas of expertise. As a Senior Business Systems Analyst, you'll play a pivotal role in high impact Corporate Technology Finance Initiatives, ensuring alignment with organizational objectives and driving impactful outcomes. This is an opportunity to collaborate closely with our Corporate Technology leadership team as well as our CFO stakeholder. Our team thrives on collaboration, innovation, and a shared commitment to excellence. Together, we're shaping the future of technology within our organization and making a lasting impact on a global scale. Join us and be part of a dynamic team where your contributions will be valued and your potential unleashed.

Requirements

  • Bachelor's Degree
  • 8+ years of experience as a Business Systems Analyst, with at least 3 years supporting Finance within the insurance industry.
  • 2+ years of experience in-depth knowledge of financial processes including Actuarial, FP&A, ALM, Reinsurance, Tax, and Financial Reporting.
  • 2+ years of proficiency in SQL and financial reporting tools e.g., Power BI, Tableau.
  • 1+ year of familiarity with regulatory frameworks such as NAIC, STAAT, GAAP

Nice To Haves

  • Master's degree in Finance, Accounting, Information Systems, or Actuarial Science
  • Proven track record of analytical and problem-solving skills.
  • Strong communication skills with a proven ability to work across functional teams.
  • A solid understanding of Financial Accounting Systems and knowledge of accounting principles, reporting, and budgeting
  • Strong data analysis skills for extracting insights from financial data
  • Proficiency in data visualization tools and reporting software is also important.
  • Experience integrating financial systems with actuarial, policy administration, and claims platforms.
  • Exceptional communication and interpersonal skills.
  • Ability to influence and motivate teams without direct authority.
  • Excellent time management and organizational skills, with the ability to prioritize multiple initiatives.

Responsibilities

  • Partner with Finance, Accounting, Actuarial, Claims, and Reinsurance teams to gather and translate business requirements into system solutions.
  • Lead enhancements and implementations of insurance-specific financial platforms e.g., Anaplan, GGY Axis, Prophet, TAI, Kyriba and SAP related products.
  • Map business processes related to CFO functions
  • Conduct system impact assessments, data flow mapping, and process optimization initiatives.
  • Manage finance system integrations with policy administration systems.
  • Collaborate with CFO teams and data teams to improve financial modeling, forecasting, and reporting.
  • Develop and execute UAT plans, design end-user training, and provide post-implementation support.
  • Stay informed on insurance industry trends, financial regulatory changes, and system innovations.

Benefits

  • At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
  • We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first.
  • A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Insurance Carriers and Related Activities

Number of Employees

5,001-10,000 employees

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