Sr. Business Analyst, Reinsurance

SAPIENS•Remote, OR

6d•Remote

About The Position

The Senior Business Analyst operates under limited supervision, taking the lead as a client liaison. This role involves conducting business process analysis, needs assessments, and preliminary cost/benefits analysis to align technology solutions with business initiatives. The analyst will develop business specifications for technical personnel, analyze business goals, objectives, and needs, and recommend improvements to business processes. They will utilize systems and data to resolve business issues effectively and may provide financial or operational business analysis and research. The Senior Business Analyst is responsible for understanding the business environment and processes to derive practical business-system solutions aligned with project goals, ensuring all business needs are accurately reflected in solutions. The client will rely on their judgment for Functional User Reviews and User Acceptance Testing, while development and quality assurance teams will depend on their expertise for business process-related questions. This role may also assist the Project Manager in prioritizing and directing other Business Analysts, and provide mentoring and training. A key requirement for this position is Reinsurance experience with a focus on policy administration.

Requirements

7+ years of business analysis experience in the Insurance industry, with a focus on Reinsurance products.
Excellent interpersonal, verbal, written and presentation skills
Ability to set, drive and achieve deliverables
Strong facilitation skills
Strong domain expertise in functional areas and lines of business relevant to Sapiens’ strategy such as Solid commercial, personal lines or workers comp rating and underwriting is required.
Strong knowledge of Use Case modelling
Must possess a strong knowledge of the Workers Compensation insurance industry.
Working knowledge of business modelling, requirements and analysis & design disciplines of overall iterative software development life cycle
Must demonstrate the ability to effectively communicate business concepts to both technical and end users
Must demonstrate strong analytical and problem-solving skills
Experience with Microsoft Office products (Word, Excel, MS Project, Visio)
Experience with relational databases (SQL Server and/or Oracle)

Responsibilities

Uses sound judgment and experience to solve moderately complex business process problems or to propose solutions for these problems to Sapiens management and to clients
Applies Reinsurance Policy Administration industry knowledge and expertise to guide clients in business and process decisions
Leads business process analysis, needs assessments and preliminary cost/benefits analysis to align IT solutions with business initiatives
Plans, schedules and leads collaborative requirements elaboration sessions with the client’s business users
Defines and documents clear and concise business requirements that describe business scenarios and processes in language understandable to both technical and domain stakeholders
Captures business requirements using Change Requests, Storyboarding, Use Case Modeling, etc
Tracks project scope through careful requirements management
Works with development and quality assurance teams to schedule requirement reviews.
Provides input to and review of estimates at each phase of a project
Produces output documentation and provides guidance to users as appropriate
Prepares for and facilitates Functional User Reviews as part of enhancement delivery
Works as the liaison between client stakeholders, project team members, software engineers and quality assurance personnel
Identifies gaps, project and service opportunities and future enhancements to strengthen our industry presence, meet client needs and seek revenue opportunities
Facilitates or participates in periodic sales support: demonstrations, preparation of RFP response, gap analysis studies
Perform other duties as required.