Senior Business Analyst

Sapiens; Rochelle Park (NJ); On-site; USD 95,000 - 140,000; Full time

Job summary

Sapiens in Rochelle Park, NJ seeks a Senior Business Analyst to bridge IT and Life Insurance business units. You will capture requirements from clients, translate them into actionable designs, and support the long-term application lifecycle across Life Portfolio.

The role requires strong domain knowledge in Life and Annuities, excellent communication, and experience with cloud-native, SaaS-based solutions. You will collaborate with business users and technical teams to deliver sustainable

Qualifications

• Minimum 5 years in an individual contributor BA role; leadership experience preferred.
• 5+ years insurance industry experience in Life and Annuities (L&A) Insurance.
• Policy administration, Illustration, Underwriting knowledge and implementation experience in the insurance industry, specifically Life and Health solutions
• Requirement gathering and documentation experience
• Experience working with configurable enterprise systems
• Excellent written and verbal communication skills
• Excellent customer communication skills
• Experience working within a born-in-the-cloud environment, with familiarity in cloud-native platforms, SaaS-based Life and Annuity solutions, and modern cloud infrastructure (e.g., AWS, Azure, or GCP) as applied to insurance product delivery, policy administration, and digital transformation initiatives.

Responsibilities

• Assist in systems / technology requirement gathering sessions for systems integration, update, and configuration.
• Provide guidance and a support to the business analysis team while acting as a Subject Matter Expert, providing product expertise and leadership on the engagement.
• Analyze and define systems scope and objectives based on both user needs and a good understanding of applicable business systems and industry requirements to produce functional design specification documents.
• Develop and implement software/system scripts and integrate workarounds to provide fixes to defined technical issues.
• Analyze and review test plans, and perform testing of Sapiens software / technologies following development and configuration stages, validating test cases and ensuring full coverage of requirements.
• Facilitate and participate in team quality reviews of requirement artifacts to ensure requirements are complete, consistent, comprehensible, feasible, and conform to standards.
• Assist the various teams across the organization with problem resolution while prioritizing and gaining approval for defined requirements.
• Manage and track the status of requirements throughout the project lifecycle; enforce and redefine as necessary.
• Regularly communicate and coordinate with all stakeholders while coordinating and scope changes and adjustments required.
• Provide guidance relative to underwriting (manual and underwriting) measures and processes, including evaluating risk against insurance product characteristics
• Analyze and perform initial configuration and set up of plans, rules and tables in a system support of product definition preferred Analyze implemented solutions to verify objectives are met.

Skills

Business Analysis

Insurance Industry

Requirements Gathering

Documentation

Cloud / SaaS

Job description

Job description

The role of the Senior Business Analyst is to provide an IT interface to the Life Business building out sustainable and consistent business requirements to be incorporated into the long term application lifecycle management across the entire Life Portfolio. The analyst will be working closely with business units and technical development teams on all projects. They will engage in client discussions and capture requirements based on interaction with client's business users.

Job requirements

• Minimum of 5 years in an individual contributor Business Analysis role. Priority given to candidates who have led engagements.
• 5+ years insurance industry experience in Life and Annuities (L&A) Insurance background - Must. This includes but not limited to Whole Life, Term, Disability Income and Universal life products
• Policy administration, Illustration, Underwriting knowledge and implementation experience in the insurance industry, specifically Life and Health solutions
• Requirement gathering and documentation experience
• Experience working with configurable enterprise systems
• Excellent written and verbal communication skills
• Excellent customer communication skills
• Experience working within a born-in-the-cloud environment, with demonstrated familiarity in cloud-native platforms, SaaS-based Life and Annuity solutions, and modern cloud infrastructure (e.g., AWS, Azure, or GCP) as applied to insurance product delivery, policy administration, and digital transformation initiatives.

Job responsibilities

• Assist in systems / technology requirement gathering sessions for systems integration, update, and configuration.
• Provide guidance and a support to the business analysis team while acting as a Subject Matter Expert, providing product expertise and leadership on the engagement.
• Analyze and define systems scope and objectives based on both user needs and a good understanding of applicable business systems and industry requirements to produce functional design specification documents.
• Develop and implement software/system scripts and integrate workarounds to provide fixes to defined technical issues.
• Analyze and review test plans, and perform testing of Sapiens software / technologies following development and configuration stages, validating test cases and ensuring full coverage of requirements.
• Facilitate and participate in team quality reviews of requirement artifacts to ensure requirements are complete, consistent, comprehensible, feasible, and conform to standards.
• Assist the various teams across the organization with problem resolution while prioritizing and gaining approval for defined requirements.
• Manage and track the status of requirements throughout the project lifecycle; enforce and redefine as necessary.
• Regularly communicate and coordinate with all stakeholders while coordinating and scope changes and adjustments required.
• Provide guidance relative to underwriting (manual and underwriting) measures and processes, including evaluating risk against insurance product characteristics
• Analyze and perform initial configuration and set up of plans, rules and tables in a system support of product definition preferred Analyze implemented solutions to verify objectives are met.