Business Analyst

360 Technology; Toronto; On-site; CAD 120,000 - 130,000; Full time

Job summary

A leading technology firm is seeking a Sr. Business Analyst with a strong background in the insurance industry to join their Toronto team. The successful candidate will be instrumental in bridging the gap between business needs and technical solutions, focusing on requirements gathering, process improvement, and stakeholder management. This full-time position offers an engaging opportunity to contribute to significant projects within the company.

Qualifications

• 12 years of experience as a Business Analyst, 5 in insurance.
• Proven track record in life, health, property, or casualty insurance systems.
• Experience with various data analysis tools.

Responsibilities

• Collaborate with stakeholders to gather and analyze requirements.
• Design solutions and communicate effectively with teams.
• Maintain documentation and conduct gap analysis.

Skills

Communication

Problem-Solving

Analytical Skills

Education

Bachelor’s degree in Business Administration, Finance, or Computer Science

MBA or equivalent

Tools

JIRA

Confluence

MS Visio

Excel

SQL

Power BI

Job description

Direct message the job poster from 360 Technology

Manager-Client Relations@ Scadea Software Solutions, Hiring IT professional for USA and Canada

We are seeking a skilled and detail-oriented Sr. Business Analyst with expertise in the insurance domain to join our team. The ideal candidate will play a pivotal role in bridging the gap between business needs and technical solutions. They will be responsible for gathering and analyzing requirements, identifying opportunities for process improvement, and ensuring successful delivery of solutions tailored to the insurance industry.

Key Responsibilities

Requirement Gathering and Analysis

• Collaborate with stakeholders to gather, analyze, and document business requirements.
• Translate business needs into functional and non-functional requirements.
• Create use cases, user stories, and process flows.

Insurance Domain Expertise

Provide in-depth knowledge of insurance processes, including underwriting, claims processing, policy administration, and compliance.

Understand and analyze industry trends, regulations, and market demands.

Solution Design

Work with cross-functional teams to design solutions that meet business requirements.

Collaborate with IT teams to ensure alignment between technical solutions and business goals.

Stakeholder Management

Act as a liaison between business stakeholders and technical teams.

Communicate effectively with internal teams, vendors, and clients.

Process Improvement

Identify inefficiencies in current processes and recommend enhancements.

Conduct gap analysis and propose innovative solutions.

Documentation and Reporting

Maintain comprehensive documentation, including BRDs, FRDs, and test cases.

Prepare and present reports, dashboards, and analysis to stakeholders.

Testing and Quality Assurance

Collaborate with QA teams to define test strategies and validate solutions.

Participate in UAT and ensure that solutions meet business expectations.

Qualifications and Skills

Education

Bachelor’s degree in Business Administration, Finance, Computer Science, or a related field.

MBA or equivalent (preferred).

Experience

12 years of experience as a Business Analyst, with at least 5 years in the insurance domain.

Proven track record in working with life, health, property, or casualty insurance systems.

Technical Skills

Proficiency in tools like JIRA, Confluence, MS Visio, and Excel.

Familiarity with insurance platforms (e.g., Guidewire, Duck Creek, or similar).

Knowledge of data analysis tools (e.g., SQL, Power BI).

Soft Skills

Excellent communication and interpersonal skills.

Strong analytical and problem-solving abilities.

Ability to manage multiple stakeholders and prioritize tasks effectively.

Certifications (Preferred)

Certified Business Analyst Professional (CBAP) or PMI-PBA.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Information Technology and Analyst

Industries

Insurance

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