Sr. Business Process Analyst

RiverStone Management Limited; Beverly (MA); On-site; USD 82,500 - 137,500; Full time

Benefits offered by this job

Comprehensive medical, dental, and vision insurance

Generous vacation and paid holidays

401(k) with company match

Life insurance options

Flexible work hours

Employee discounts

Mental health and legal support

Paid parental leave

Job summary

A global insurance specialist is seeking a Senior Business Analyst to analyze and document end-to-end business processes. The ideal candidate will have at least 5 years of experience in the insurance industry, proficiency in business analysis tools, and strong stakeholder management skills. The role involves process improvements and driving efficiency across operations. This position is based in Beverly, MA with a salary range of $82,500 - $137,500.

Qualifications

• Minimum of 5 years of experience as a Senior Business Analyst in the insurance industry.
• Strong understanding of insurance business operations and processes.
• Ability to translate business needs into technical requirements.

Responsibilities

• Assess and document the Target Operating Model for new acquisitions.
• Conduct impact analysis and ensure UAT activities align with the agreed TOM.
• Drive continuous improvement of business analysis practices and methodologies.

Skills

Business analysis tools

Data analysis

Stakeholder management

Communication skills

Problem-solving

Education

Bachelor’s degree in business administration or related field

Tools

Microsoft Visio

Excel

Power BI

PowerPoint

Job description

The Senior Business Analyst analyzes and documents end-to-end business processes across Riverstone International’s operations, partnering with stakeholders to identify and implement process improvements. The role leads the assessment, validation, and documentation of operating models for new acquisitions and change initiatives, maintaining a comprehensive view of key processes to generate actionable business insights. Additionally, the Senior Business Analyst drives the continuous improvement of business analysis frameworks, tools, and methodologies to enhance organizational efficiency and effectiveness.

Responsibilities

• Assess, validate, and document the Target Operating Model (TOM) for new acquisitions and change initiatives.
• Conduct impact analysis and ensure UAT activities align with the agreed TOM, supporting project and IT teams in issue resolution.
• Monitor and continuously improve the TOM to ensure it remains effective and aligned with business needs.
• Develop and maintain standardized TOM templates to assess and manage variances from the operating model.
• Analyze and document end-to-end business processes across RiverStone International’s operational entities.
• Collaborate with stakeholders to identify opportunities for process improvement and increased efficiency.
• Support the creation and maintenance of an end-to-end view of the Group operating model and key value streams.
• Define and track performance metrics and KPIs to measure process effectiveness and improvement outcomes.
• Maintain a central repository of process documentation to support transparency and business transformation.
• Drive continuous improvement of business analysis practices, tools, and methodologies.
• Provide coaching and guidance to junior team members and promote adherence to best practices.

Requirements

• Bachelor’s degree in business administration, Management Information Systems, Finance, Economics, or a related field (preferred).
• Minimum of 5 years’ experience as a Senior Business Analyst within the insurance industry.
• Strong understanding of insurance business operations, systems, and processes.
• Proficiency in business analysis tools and techniques (e.g., BPMN, Microsoft Visio).
• Proficiency in data analysis and visualization tools (e.g., Excel, Power BI, PowerPoint) to extract, interpret, and present insights.
• Proven experience analyzing and documenting business requirements and end-to-end processes.
• Demonstrated ability to apply root cause analysis techniques to identify and resolve process issues.
• Experience leading workshops, meetings, and collaborative sessions to elicit requirements and align stakeholders.
• Strong stakeholder management skills with the ability to influence and engage effectively at all organizational levels.
• Excellent verbal and written communication skills with the ability to convey complex concepts to technical and non-technical audiences.
• Ability to act as a liaison between business and technical teams, translating business needs into actionable technical requirements.
• Strong analytical skills with the ability to identify trends, generate insights, and develop data-driven recommendations.
• Team-oriented mindset with the ability to foster collaboration and build consensus across diverse groups.
• Highly organized, with excellent time management and project coordination skills.
• Flexible, adaptable, and able to work effectively under pressure in a dynamic environment.
• Proven track record of executing and consistently delivering on commitments and objectives.
• Legally authorized to work in the United States.
• Must be available to work on-site in the Beverly, MA office at least three days per week.

Benefits

We believe in taking care of our team and helping our employees thrive both professionally and personally. Our benefits include:

• Health & Wellness – Comprehensive medical, dental, and vision insurance plans
• Paid Time Off – Generous vacation, sick leave, and paid holiday
• Retirement Plans – 401(k) with company match to help you plan for your future
• Life Insurance – Company-paid basic life insurance, with options to purchase additional coverage
• Work-Life Balance – Flexible work hours and hybrid work opportunities
• Employee Discounts – On products, services, or partner offerings
• Employee Assistance Program (EAP) – Free, confidential support for mental health, legal, and financial counseling
• Parental Leave – Paid maternity and paternity leave

RiverStone International is an established global non-life run-off insurance business specialist with more than 25 years of experience. Operating in the UK company and Lloyd’s of London markets, Bermuda, U.S., and Europe, RiverStone International has transacted a wide variety of deals – from insurance and reinsurance portfolio transfers to company purchases, acquiring over $17.3 billion of gross liabilities since 2010 and with around $6.9 billion of liabilities currently under management.

Salary range: 82,500 - 137,500