Strategic Business Analyst: Commercial Underwriting

Compunnel Inc.; Short Hills (NJ); On-site; USD 80,000 - 120,000; Full time

Job summary

A leading insurance services provider is seeking a Business Analyst to contribute to Commercial Underwriting efforts. The successful candidate will work closely with underwriting teams to analyze and document business requirements, driving improvements in underwriting workflows and systems. Candidates should have 5+ years of experience in a business analysis role in the insurance industry and be adept at creating detailed Business Requirements Documents. This role may involve minimal travel based on project needs.

Qualifications

• Minimum 5+ years of experience as a Business Analyst, preferably in insurance or financial services.
• Proven experience authoring detailed BRDs for underwriting or system transformation.
• Strong understanding of Commercial Lines underwriting, including risk assessment and pricing concepts.

Responsibilities

• Partner with Commercial Underwriters to understand underwriting processes.
• Lead requirements elicitation through interviews and workshops.
• Translate underwriting workflows into structured requirements for technology teams.

Skills

Business Analysis

Stakeholder facilitation

Requirement documentation

Commercial Lines underwriting knowledge

Risk assessment

Education

Bachelor’s degree in Business, Finance, or Information Systems

Tools

Federato

Duck Creek

Job description

Business Analyst Commercial Underwriting

New Jersey, Short Hills

12/19/2025

Contract

Active

Job Description:

Job Summary

We are seeking a Specialty Lines Business Analyst with strong Commercial Underwriting domain expertise to partner closely with underwriting teams.

This role focuses on eliciting, analyzing, and documenting business requirements that support underwriting workflows, systems, and regulatory needs.

The ideal candidate will translate complex underwriting processes into clear, structured Business Requirements Documents (BRDs) for technology and delivery teams.

Key Responsibilities

• Partner with Commercial Underwriters and leadership to understand current and future underwriting processes across:
• Habitational General Liability (GL)
• Management Liability
• Excess (XS) Casualty
• Lead requirements elicitation through interviews, workshops, and working sessions.
• Business objectives, scope, and assumptions
• Functional and non-functional requirements
• Data requirements, business rules, and underwriting decision logic
• Regulatory and compliance considerations
• Translate underwriting workflows and risk assessment needs into structured requirements for technology teams.
• Maintain end-to-end requirements traceability throughout the delivery lifecycle.
• Act as liaison between underwriting and IT/delivery teams to ensure alignment.
• Support solution design reviews and validate solutions against underwriting requirements.
• Participate in UAT planning and execution.
• Identify process gaps and opportunities for workflow optimization and automation.
• Manage requirement changes and communicate impacts to stakeholders.

Required Qualifications

• Minimum 5+ years of experience as a Business Analyst, preferably in insurance or financial services.
• Minimum 3+ years supporting Commercial Underwriting teams.
• Proven experience authoring detailed BRDs for underwriting or system transformation initiatives.
• Strong understanding of Commercial Lines underwriting, including:
• Risk assessment and appetite
• Rating and pricing concepts
• Underwriting rules and decision frameworks
• Experience with underwriting system implementations or modernization programs.
• Excellent written, verbal, and stakeholder facilitation skills.
• Ability to work independently and directly with underwriting stakeholders.

Preferred Qualifications

• Experience with underwriting platforms or PAS solutions (e.g., Federato, Duck Creek).
• Familiarity with Agile and/or Waterfall delivery environments.
• Business Analysis certifications (CBAP, CCBA, or equivalent).
• Exposure to underwriting transformation, workflow automation, or digital modernization initiatives.
• Bachelor’s degree in Business, Finance, Information Systems, or equivalent professional experience.

Travel

• Minimal to moderate travel may be required based on project needs.