insurance business analyst

Derex Technologies inc

<div>Company Description 
Derex Technologies Inc specializes in providing IT consulting, staffing solutions and software services. Globally headquartered in Harrison New Jersey since 1996 Derex delivers the highest quality technology professionals and an array of customized IT talent solutions designed to improve productivity and drive results to global clients throughout North America.
With over two decades of unparalleled experience, Derex provides supports to its clientele, across such industries as Systems Integration, Banking and Finance, Telecommunications, Pharmaceutical and Life Sciences, Energy, Healthcare, Technology, Transportation, and local and federal Government agencies. 
Job Description 
Role - Business Analyst &ndash; (Life Insurance)﻿ 
﻿Location - Erie, PA ﻿ 
﻿
Summary
A Business Analyst is a client facing role that will orchestrate solution implementations leveraging core Business Analysis skills, domain, and functional understanding in coordination the entire team. He/ She will first understand the solution, tools, technology landscape, architectural of the solution to understand the dataflows, user roles, business features/ needs in scope, etc. She/ He will then perform the activity of planning his/her activities, reviewing the plan, task breakdown, scheduling, and detailing the outcomes from each. He/ She will ensure relevant and latest updates in the insurance industry for geography relevant to the allocated project/ client are known to him/ her and they are utilized during implementation.﻿ 
﻿
Key Responsibilities:<ul><li>
Engage with Insurance IT, Business teams and all the internal and external stakeholders involved in implementations and rollout to determine business requirements, and to ensure the development is in line with the requirements and scope.</li><li>
Configure/ provide configuration of rating logic and business rules along with patterns of business logic</li><li>
Document and articulate all functional, UI, and product requirements using standard methods</li><li>
Understand the offerings and Products that will be implemented; understand what is currently available, supported and not supported and present the same</li><li>
Perform functional testing of the solution to troubleshoot and identify the issues quickly, report to respective stakeholders and track to closure during development and before deployment.</li><li>
Demonstrate the solution, discuss scope changes to determine the impact analysis; engage with UAT users to assist in completing the UAT</li><li>
Provide detailed walkthroughs of the system requirement, closely work with technical associates on project development activities, review test cases and assist in closing QA cycle, and provide knowledge transfer to other team members.</li><li>
Provide estimates for the activities; as part of change management inform the criticality, impact, risks, and priority. Provide timely walkthroughs of the work items &ndash; documentation, configured products, solution; regularly update the complex and challenging scenarios</li></ul>
Critical Traits<ul><li>
Analysis, documentation, presentation, and communication should be detailed where required and of high-quality</li><li>
Flexibility to adjust work timings and willingness to achieve stretched targets, when required.</li><li>
Assertive and highly motivated and should be at ease with managing multiple tasks at any point in time. Excellent interpersonal and communication skills.</li><li>
Experience &ndash; 4 to 10 years</li><li>
Experience and knowledge of Life / P&amp;C Insurance domain and Products like Life Insurance or Commercial Lines Indian market</li><li>
Experience in implementing software solutions using established Insurance software products or customized software solutions</li><li>
Experience in implementing various business features and transactions: Policy Administration, Rating, Underwriting, Claims, Reinsurance of various Life / General insurance products</li></ul> 
Regards, 
Manoj
Derex Technologies INC
Contact : 973-834-5005 Ext 206 
Additional Information 
All your information will be kept confidential according to EEO guidelines.</div>

Business Analyst – (Life Insurance)

GSSTech Group

<div>Job Summary
We are looking for a Business Analyst &ndash; Functional with strong experience in the Health Insurance domain. The candidate will act as a bridge between business stakeholders, IT teams, and Third-Party Administrators (TPA) to ensure smooth implementation, enhancement, and support of health insurance systems and processes.
The ideal candidate should have solid knowledge of health insurance operations, policy administration, claims processes, and regulatory requirements, with the ability to translate business needs into functional specifications.
Key Responsibilities<ul><li>
Work closely with business users, IT teams, and TPA partners to gather and document business requirements.
</li><li>Analyse health insurance business processes, including policy lifecycle, claims management, underwriting, and provider network management.
</li><li>Translate business requirements into functional specifications, use cases, and process flows.
</li><li>Support system implementation, enhancements, and integration projects related to health insurance platforms.
</li><li>Coordinate with TPA systems and internal IT teams to ensure seamless data exchange and process integration.
</li><li>Conduct gap analysis and recommend system or process improvements.
</li><li>Participate in UAT (User Acceptance Testing) and validate system functionality against business requirements.
</li><li>Support issue resolution by working with IT teams and business stakeholders.
</li><li>Prepare documentation including BRD, FRD, test cases, and user guides.
</li><li>Ensure solutions comply with insurance regulations and organizational policies.
</li></ul>Required Skills<ul><li>
Strong understanding of Health Insurance business processes.
</li><li>Experience working with TPA systems and insurance platforms.
</li><li>Ability to prepare BRD, FRD, use cases, and process documentation.
</li><li>Experience in requirements gathering, stakeholder management, and UAT coordination.
</li><li>Good understanding of system integrations and data flows between insurance systems.
</li><li>Strong analytical and communication skills.
</li></ul>Preferred Qualifications<ul><li>
Experience working in insurance companies or healthcare insurance providers.
</li><li>Familiarity with insurance core systems or policy administration systems.
</li><li>Knowledge of regulatory requirements in the insurance sector.
</li><li>Experience working in Agile or hybrid project environments.
</li></ul>Education
Bachelor&rsquo;s degree in Business Administration, Information Systems, Computer Science, or related field.</div>

Business Analyst - Health Insurance (Functional)

LTIMindtree

<div>Role description<div> 
Job Role: Senior Business Analyst (with strong P&amp;C Insurance domain experience)</div>
<div></div>
<div>Job Summary:</div>
<ul>
<li>Seeking a Senior Business Analyst with 7 to 11 years of experience in with strong Insurance domain expertise to independently drive business analysis activities across insurance transformation initiatives</li></ul> 


Job Description
<ul>
<li>The Senior Business Analyst will act as a domain SME and solution partner working across business and IT stakeholders to support the delivery of insurance solutions spanning policy administration claims underwriting billing and customer servicing
</li><li>The role involves end-to-end ownership of the requirement lifecycle active participation in Agile delivery and contribution to process optimization regulatory alignment and digital transformation initiatives within the insurance landscape</li></ul> 


Technical Skills (Primary):
<ul>
<li>Senior Business Analyst with 10 - 15 years of experience in P&amp;C insurance domain</li>
<li>Deep understanding of PC lifecycle in Underwriting area</li>
<li>Proven experience in working with SAFe teams to translate business needs into valuable implementable solutions</li>
<li>Ability to support Product Owner in refining the stories requirement clarifications</li>
<li>Develop acceptance criteria and execute quality assurance responsibilities</li>
<li>Experience with Scaled Agile JIRA Confluence</li>
<li>Experience in working on Insurance domain transformation rewrite programs as a BA</li>
<li>Conceptual knowledge of core AWS services</li></ul> 


Technical Skills (Primary):
<ul>
<li>Should contribute towards test strategy perform testing for the user stories</li>
<li>Ability to understand technology system interface data integration and business processes</li>
<li>Ability to drive conversations with customer stakeholders independently</li>
<li>Clearly and effectively communicate findings and recommendations to stakeholders</li></ul> 


Roles Responsibilities:
<ul>
<li>Act as a lead Business Analyst and Insurance domain subject matter expert across Life, P&amp;C, or Health Insurance initiatives</li>
<li>Own end-to-end requirements management including elicitation analysis documentation validation and signoff</li>
<li>Perform current state as is and future state to be process analysis identifying gaps risks and improvement opportunities</li>
<li>Translate business needs into BRDs FRDs epics user stories acceptance criteria and process flows</li>
<li>Collaborate with Architects Technical Leads and Developers to ensure functional alignment with solution design</li>
<li>Support Agile Scrum delivery through backlog refinement sprint planning and story elaboration</li>
<li>Lead and facilitate stakeholder workshops requirement walkthroughs and solution reviews</li>
<li>Perform impact analysis for enhancements regulatory changes and production issues</li>
<li>Support UAT planning and execution including test scenario validation defect triage and business signoff</li>
<li>Act as the primary liaison between business stakeholder&rsquo;s clients and delivery teams</li>
<li>Prepare executive level summaries decision documents and status updates</li>
<li>Mentor junior Business Analysts and contribute to BA standards templates and governance practices</li>
</ul> 
Skills 
Mandatory Skills : Functional/System Testing, Insurance Billing, INSURANCE Reporting &amp; Analytics, Life and Annuity - Claims 
Good to Have Skills : Business Architecture, Business Process Design, Mapping 
Other details 
Benefits/perks listed below may vary depending on the nature of your employment with LTIMindtree (&ldquo;LTIM&rdquo;):

Benefits and Perks:
<ul>
<li>Comprehensive Medical Plan Covering Medical, Dental, Vision</li>
<li>Short Term and Long-Term Disability Coverage</li>
<li>401(k) Plan with Company match</li>
<li>Life Insurance</li>
<li>Vacation Time, Sick Leave, Paid Holidays</li>
<li>Paid Paternity and Maternity Leave</li>
</ul>
The range displayed on each job posting reflects the minimum and maximum salary target for the position across all US locations. Within the range, individual pay is determined by work location and job level and additional factors including job-related skills, experience, and relevant education or training. Depending on the position offered, other forms of compensation may be provided as part of overall compensation like an annual performance-based bonus, sales incentive pay and other forms of bonus or variable compensation.

Disclaimer: The compensation and benefits information provided herein is accurate as of the date of this posting.

LTIMindtree is an equal opportunity employer that is committed to diversity in the workplace. Our employment decisions are made without regard to race, color, creed, religion, sex (including pregnancy, childbirth or related medical conditions), gender identity or expression, national origin, ancestry, age, family-care status, veteran status, marital status, civil union status, domestic partnership status, military service, handicap or disability or history of handicap or disability, genetic information, atypical hereditary cellular or blood trait, union affiliation, affectional or sexual orientation or preference, or any other characteristic protected by applicable federal, state, or local law, except where such considerations are bona fide occupational qualifications permitted by law. 
Benefits 
Compensation range: $130,000.00 to $140,000.00 per year 
About LTM 
LTM is an AI-centric global technology services company and the Business Creativity partner to the world&rsquo;s largest and most disruptive enterprises. We bring human insights and intelligent systems together to help clients create greater value at the intersection of technology and domain expertise. Our capabilities span integrated operations, transformation, and business AI &mdash; enabling new ways of working, new productivity paradigms, and new roads to value. Together with over 87,000 employees across 40 countries and our global network of partners, LTM &mdash; a Larsen &amp; Toubro company &mdash; owns business outcomes for our clients, helping them not just outperform the market, but to Outcreate it. Please also note that neither LTM nor any of its authorized recruitment agencies/partners charge any candidate registration fee or any other fees from talent (candidates) towards appearing for an interview or securing employment/internship. Candidates shall be solely responsible for verifying the credentials of any agency/consultant that claims to be working with LTM for recruitment. Please note that anyone who relies on the representations made by fraudulent employment agencies does so at their own risk, and LTM disclaims any liability in case of loss or damage suffered as a consequence of the same. Recruitment Fraud Alert - https://www.ltimindtree.com/recruitment-fraud-alert/</div>

Senior Specialist - Consulting

DAMANA

<div>
 
 At Damana Insurance in Bahrain, we are currently recruiting for a Digital Business Analyst.
 
 
 
 
 
 As a Business System Analyst specializing in the insurance industry, you will be responsible for analyzing complex business processes, identifying areas for digital optimization, and collaborating with cross-functional teams to implement innovative solutions. Your role is pivotal in enhancing operational efficiency, customer experiences, and overall business success in the insurance and broking domain.
 
 
 
 
 
 
 
 Main Responsibilities.
 
 
 
 
 
 
 
 
 1. 1. Requirement Elicitation &amp; Documentation (30%)
 
 
 <ul>
 <li>
 Collaborate with
 
 insurance
 
 and broking stakeholders to gather, analyse, and document business requirements.
 </li>
 <li>
 Translate business needs into clear, detailed digital project specifications.
 </li>
 <li>
 Perform in-depth analysis of existing processes, systems, and pain points.
 </li>
 <li>
 Create BPMN
 
 process workflows
 
 , identify process gaps, and propose innovative, scalable solutions.
 </li>
 <li>
 Work closely with IT and development teams to design digital solutions tailored for the insurance and broking domain.
 </li>
 <li>
 Define functional specifications and produce BRDs, Functional Specification Documents, and Integration Documents.
 </li>
 </ul>
 
 
 
 
 
 2. Enterprise Architecture Alignment(20%)
 
 
 <ul>
 <li>
 Ensure all digital solutions are aligned with the enterprise architecture framework and internal standards.
 </li>
 <li>
 Continuously update related assets (business processes, architecture diagrams, data flows, system inventories) in
 
 iServer
 
 or equivalent EA tools.
 </li>
 <li>
 Facilitate change management efforts to ensure architectural artifacts remain accurate and up to date
 </li>
 </ul>
 
 
 
 
 
 3. Process Enhancement Initiatives(20%)
 
 
 <ul>
 <li>
 Analyze existing business processes and workflows to identify inefficiencies, bottlenecks, and opportunities for improvement
 </li>
 <li>
 Design and implement process optimization initiatives to increase operational efficiency, reduce costs, and improve service delivery
 </li>
 <li>
 Develop and maintain process documentation, including standard operating procedures (SOPs), workflow diagrams, and process maps
 </li>
 <li>
 Monitor key performance indicators (KPIs) and metrics to measure the effectiveness of process enhancements
 </li>
 <li>
 Facilitate workshops and training sessions to drive adoption of new or improved processes
 </li>
 <li>
 Recommend and implement automation solutions to streamline repetitive tasks and reduce manual effort
 </li>
 </ul>
 
 
 
 
 
 4. System Support (30%)
 
 
 <ul>
 <li>
 Provide technical support for business applications, systems, and software platforms
 </li>
 <li>
 Troubleshoot and resolve system issues, errors, and user-reported problems in a timely manner
 </li>
 <li>
 Maintain system documentation, including configuration guides, troubleshooting procedures, and knowledge base articles
 </li>
 <li>
 Support user access management, including account creation, permissions, and security protocols
 </li>
 <li>
 Conduct user acceptance testing (UAT) for system enhancements and new implementations
 </li>
 <li>
 Provide end-user training and support to maximize system utilization and user proficiency
 </li>
 <li>
 Track and manage support tickets through completion, ensuring adherence to service level agreements (SLAs)
 </li>
 </ul>
 <li>
 </li>
 
 
 
 
 Education and qualification
 
 <ul>
 <li>
 Bachelor's degree in Computer Engineering.
 </li>
 <li>
 Proven experience as a Business Analyst in the insurance and broking sector
 </li>
 </ul>
</div>

Digital Business Analyst

Pacific Specialty Insurance Co

<div>Description:

 About Pacific Specialty Insurance Company (PSIC) At Pacific Specialty Insurance Company (PSIC), we approach things a bit differently and have for over 27 years. We warmly welcome each new employee to our work family. Family is one of PSIC&rsquo;s Core values therefore, we treat our employees with appreciation and respect, while providing the much-needed flexibility in their day. We understand this is paramount in today&rsquo;s workforce. Not only does this schedule increase efficiency and reduce interruptions, but it improves work/balance by providing every other Friday off. Our Core values of Family, Home, Trust and Profitability are what drives our daily decisions. We strive to foster a culture where all employees feel a sense of belonging and are encouraged to come up with ideas to help us improve as an organization. We provide the tools to help you succeed. Pacific Specialty Insurance Company is a large regional carrier in California, but consistently writes business in 4 other states as well. 
Job Summary: The Senior Business Systems Analyst serves as a key liaison between the business units and the Information Technology department. This role is responsible for analyzing complex business problems, identifying opportunities for improvement through technology, and eliciting, documenting, and managing requirements for system enhancements and new implementations. The Senior Business Systems Analyst will have a deep understanding of property insurance processes and systems and will be instrumental in driving projects that improve efficiency, accuracy, and overall business performance. The role requires strong analytical, communication, and project management skills to effectively translate business needs into technical solutions.
Duties and Responsibilities: 
<ul><li>Business Process Analysis:
<ul><li>Analyze existing business processes within underwriting, claims, policy administration, billing, and other relevant areas of property insurance.</li>
<li>Identify bottlenecks, inefficiencies, and opportunities for automation and improvement through technology.</li>
<li>Document current state (&quot;as-is&quot;) and desired future state (&quot;to-be&quot;) processes using flowcharts, diagrams, and other relevant documentation techniques.</li>
</ul></li><li>Requirements Gathering and Management:
<ul><li>Collaborate with stakeholders across various business units to gather, analyze, and document business requirements, functional requirements, and technical requirements.</li>
<li>Conduct interviews, workshops, and surveys to elicit requirements effectively.</li>
<li>Translate business requirements into clear, concise, and unambiguous technical specifications for development teams.</li>
<li>Manage requirements throughout the project lifecycle, including change control and prioritization.</li>
<li>Create and maintain user stories, use cases, and other relevant requirement artifacts.</li>
</ul></li><li>System Design and Implementation:
<ul><li>Work closely with developers, architects, and other IT staff to ensure that technical solutions align with business requirements and objectives.</li>
<li>Participate in the design and review of system solutions, ensuring they meet business needs and adhere to architectural standards.</li>
<li>Develop and execute test plans, test cases, and test scripts to ensure the quality and accuracy of implemented solutions.</li>
<li>Support user acceptance testing (UAT) by creating test cases, facilitating UAT sessions, and managing defect resolution.</li>
</ul></li><li>Project Support:
<ul><li>Support project managers in the planning, execution, and monitoring of IT projects related to property insurance systems.</li>
<li>Assist with project scoping, estimation, risk assessment, and issue resolution.</li>
<li>Track and report on project progress, highlighting risks and issues to project stakeholders.</li>
</ul></li><li>Communication and Collaboration:
<ul><li>Facilitate effective communication and collaboration between business stakeholders and IT teams.</li>
<li>Serve as a subject matter expert on property insurance systems and processes.</li>
<li>Provide training and support to end-users on new systems and functionalities.</li>
<li>Prepare and deliver presentations to stakeholders on project updates, system enhancements, and other relevant topics.</li>
</ul></li><li>Vendor Management:
<ul><li>Manage relationships with vendors, ensuring deliverables are met and issues are resolved in a timely manner.</li>
</ul></li></ul>Requirements:

The Ideal Candidate will have the following: 
Education and Experience:<ul><li>
Bachelor's degree in Information Systems, Computer Science, Business Administration, or a related field.</li><li>
5+ years of experience as a Business Systems Analyst, preferably in the property insurance industry.</li><li>
Experience with insurance core system implementations and integrations are preferred.</li><li>
Certification as a Business Analyst (e.g., CBAP, CCBA) is a plus.</li></ul>
Specialized Knowledge and Skills<ul><li>
Property Insurance Expertise:
<ul><li>In-depth knowledge of property insurance principles, practices, and terminology, including underwriting, policy administration, claims processing, billing, and reinsurance.</li>
<li>Familiarity with common property insurance policy forms and endorsements.</li>
<li>Understanding of regulatory requirements and compliance standards applicable to the property insurance industry (e.g., ISO, state-specific regulations)</li>
</ul></li><li>Technical Skills:
<ul><li>Proficiency in requirements gathering and documentation techniques (e.g., user stories, use cases, process flows, data models).</li>
<li>Experience with business process modeling tools (e.g., Visio, Lucidchart).</li>
<li>Familiarity with Agile and Waterfall project management methodologies.</li>
<li>Strong understanding of relational databases and SQL.</li>
<li>Experience with property insurance software systems (e.g., Guidewire, Duck Creek, Majesco) is highly desirable.</li>
<li>Experience with reporting and analytics tools (e.g., Tableau, Power BI) is a plus.</li>
</ul></li><li>Soft Skills:
<ul><li>Excellent analytical and problem-solving skills.</li>
<li>Strong communication skills, both written and verbal, with the ability to effectively communicate technical information to non-technical audiences.
</li><li>Exceptional interpersonal skills with the ability to build rapport and collaborate with stakeholders at all levels.</li>
<li>Strong organizational and time management skills, with the ability to manage multiple priorities and meet deadlines.
</li><li>Proven ability to work independently and as part of a team.</li>
</ul></li></ul>Our Benefits - Protection is the name of the game in the insurance industry, and we believe in benefit plans that offer protection to our employees for medical, dental, vision, life, disability, and retirement plans. Our 401k plan and company match are second to none. The company will make a matching contribution equal to 60% of your qualified salary deferral contribution! All qualified applicants for employment will be considered without regard to an individual&rsquo;s race, color, sex, gender identity, gender expression, religion, age, national origin or ancestry, citizenship, physical or mental disability, medical condition, family care status, marital status, domestic partner status, sexual orientation, genetic information, military or veteran status, or any other basis protected by federal, state, or local laws. Pacific Specialty Insurance Company is a member of the McGraw Group of Affiliated Companies Pacific Specialty Insurance Company is an equal opportunity employer</div>

Senior Business Analyst

Job SummaryThe Actuarial Analyst will support the actuarial and analytics functions of the TPA by analyzing healthcare claims data, preparing reports, and assisting in pricing, reserving, and risk assessment activities. The role involves working closely with underwriting, finance, and operations teams to provide data-driven insights that support business decisions and client reporting.Key Responsibilities<ul><li>Analyze medical claims data, utilization trends, and cost patterns to support actuarial evaluations.</li><li>Assist in pricing models, premium calculations, and renewal analysis for corporate clients.</li><li>Prepare actuarial reports, dashboards, and presentations for management and insurance partners.</li><li>Conduct trend analysis on healthcare costs, claim frequency, and severity.</li><li>Assist in developing forecasting models for medical inflation and utilization trends.</li><li>Provide data insights to underwriting and client management teams for policy renewals and negotiations.</li><li>Ensure data accuracy and validation for actuarial and financial reporting.</li><li>Support regulatory reporting and compliance requirements when necessary.</li><li>Collaborate with IT and data teams to improve data analytics and reporting tools.</li></ul>Qualifications<ul><li>Bachelor&rsquo;s degree in Actuarial Science, Mathematics, Statistics, Economics, or Finance.</li><li>2&ndash;4 years of experience in insurance, healthcare analytics, or TPA operations preferred.</li></ul>Skills &amp; Competencies<ul><li>Strong analytical and statistical modeling skills.</li><li>Proficiency in Excel, SQL, Power BI, or other data analysis tools.</li><li>Knowledge of health insurance products, claims management, and healthcare cost drivers.</li><li>Ability to analyze large datasets and interpret trends.</li><li>Strong problem-solving and attention to detail.</li><li>Good communication and presentation skills.</li></ul>Preferred Experience<ul><li>Experience working in health insurance companies, TPAs, or actuarial consulting firms.</li><li>Familiarity with healthcare claims data and medical coding systems.</li><li>Exposure to data visualization and predictive analytics.</li></ul>Job Types: Full-time, PermanentPay: AED8,000.00 - AED10,000.00 per monthWork Location: In person

Actuarial Analyst - TPA Insurance

Dubai Insurance TPA

1. JOB PURPOSEThe Utilization Management Analyst is responsible for supporting the utilization management team through the analysis and reporting of KPIs, identifying key utilization drivers, and contributing to large policy management initiatives. This role requires a data-driven approach to analyze claims, track performance metrics, and collaborate on the development of insights that promote effective utilization of healthcare resources.2. RESPONSIBILITIES AND DUTIESKPI Tracking and Reporting:Assist in the collection, organization, and analysis of utilization management KPIs for reporting to senior leadership and payers.Generate regular reports and dashboards in collaboration with the Data Analytics team.Utilization Analysis:Conduct analyses of concurrent and retrospective claims to identify primary utilization drivers by provider, physician, and service.Contribute insights into utilization trends and cost drivers using data visualization tools.Segment and Payer-Level Data Review:Perform data reviews on utilization patterns across business segments and payers to support targeted performance improvements.Provide input on payer-specific utilization trends to aid in developing remediation plans.Large Policy Support:Contribute to large policy utilization management by analyzing data on outlier claims and high-risk members.Assist in identifying potential interventions or consultations needed with payers.Job Types: Full-time, PermanentPay: AED9,000.00 - AED12,000.00 per monthWork Location: In person

Utilization Management Analyst - Insurance TPA

Search 10000+ Insurance business analyst jobs near you this March. New roles added regularly across leading industries. Apply today.