Business Analyst - Financial & Critical Processes

Fidelity Investments Inc.; Covington (KY); On-site; USD 65,000 - 95,000; Full time

Job summary

Fidelity Investments Inc. seeks a business analyst to execute complex processes and identify scalable technology solutions. You will analyze data, partner with product, technology, and Operations to resolve issues, and drive process improvements across Health and Welfare offerings.

This role emphasizes analytics, end-to-end process understanding, and the ability to work independently while coaching a virtual team and supporting continuous improvement within Fidelity Health Operations.

Qualifications

• Perform complex data analysis and reporting to support Health and Welfare services.
• Conduct root-cause analysis to identify gaps and improvement opportunities.
• Collaborate with multiple business partners to reach the right solution.
• Apply analytics to reconcile reported issues per established procedures.

Responsibilities

• Execute complex processes and identify scalable technology improvements.
• Analyze large data sets using MS Excel or Access and related tools.
• Partner with product, technology, and Operations to resolve issues.
• Lead process improvement initiatives and support the virtual team.
• Identify automation opportunities to drive scale and efficiency.

Skills

Data analysis

Root cause analysis

Stakeholder collaboration

Process improvement

Automation opportunities

Excel/Access

End-to-end processes

Independent worker

Communication skills

Education

Bachelor’s degree or equivalent years of industry experience

Tools

Excel

Access

HOBS / Fidelity Health Benefits systems

Job description

Fidelity will not provide immigration sponsorship for this position.

Job Description

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

You will be responsible for executing critical and complex processes while continually looking for process improvement opportunities via scalable technology solutions. Your work will include analysis, evaluation and identification of business problems and you will collaborate closely with business partners in the product domain, technology, and across Operations to ensure solutions are identified and issues are resolved. In this evolving landscape, this role will allow you to enhance your knowledge of the Health and Insurance benefits administration landscape through the breath and variety of work that you will own and lead.

The Experience And Skills You Bring To This Role

• Perform complex data analysis and reporting
• Performs research and analysis of moderate complexity issues and provides resolution by referring to client plan rules and procedures
• Interact and partner with multiple Business partners to arrive at the right solution
• Performing root cause analysis to identify gaps or trends for continuous improvement opportunities
• Conduct root-cause analysis to identify gaps and potential interim solutions; work to develop supporting resources for interim solutions as necessary
• Assist and coach the broader virtual team
• Find opportunities to drive scale through automation
• Collaborate with peers and the leadership team on process improvement ideas and procedure enhancements and opportunities to improve the customer service experience
• Following established procedures with heavy emphasis on analytics to reconcile reported issues for Health and Welfare product services through XTRAC.
• Highly motivated and can work independently
• Understand and break down business problems and identify resolutions independently
• Analyze large sets of data to perform specific analysis through tools like MS Excel or Access, etc.
• Understand end-to- end processes, including operational controls, and their interdependencies,
• Apply critical thinking to existing processes and/or problems to identify and propose opportunities for improvement.
• Maintain strong working relationships via excellent verbal, written and interpersonal skills and build trust with business partners and coworkers enabling collaboration
• Build deep understanding of systems, products, and organization
• knowledge of Fidelity Health and Welfare products, HOBS (Health and Other Benefits System) or FHB (Fidelity Health Benefits) recordkeeping systems, a plus
• Bachelor’s degree or equivalent years of industry experience (4 years graduation preferred)
• Overall 5 plus years of professional experience (and demonstrated competence, depth, and breadth)

The Team

As a Business Analyst on the Financial and Critical Process Team, you will join a team of passionate Fidelity Health Operations professionals committed to delivering optimal service to Fidelity’s clients.

Fidelity’s Onsite Working Model

Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications

Category:

Business Analysis

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.