Business Analyst

Sanlam; Bellville; On-site; ZAR 300 000 - 600 000; Full time

Job summary

This innovative firm is seeking a skilled Business Analyst to enhance financial service offerings. In this role, you will define and maintain business requirements, analyze current processes, and design new models to ensure operational excellence. Your expertise in Agile methodologies and business analysis will be crucial in producing user stories and process models that align with strategic goals. Join a leading financial services group dedicated to empowering clients through comprehensive solutions and enjoy opportunities for personal and professional growth in a collaborative environment.

Qualifications

• 4+ years experience in Life Assurance or Financial Services industry.
• Proficiency in Business/System Analysis and Agile methodologies.

Responsibilities

• Identify and define business requirements for new models or changes.
• Create business process models and analyze them against performance requirements.

Skills

Business Analysis

Analytical Skills

Communication Skills

Agile Methodology

Project Management Principles

Client Journey Mapping

Robotic Process Automation (RPA)

Education

Matric with Maths

Accredited business/systems analysis diploma

BCom Information and Technology

Agile methodology certification

Tools

MS Word

MS Excel

MS Visio

Job description

The Sanlam Retail Affluent business (SRA) is dedicated to empower South Africans in the middle- and upper-income segments to be financially confident, secure and prosperous. With deep client understanding and a focus on excellence in technology, client and intermediary experiences, SRA delivers financial solutions including comprehensive financial planning, life- and disability insurance, credit solutions, savings and investments, retirement and fiduciary services that can be accessed through various platforms.

What will you do?

The purpose of the job is to specify and maintain the detailed business requirements to support changes to the service offering and to analyse the performance of current business process models against business operational requirements and specify changes to close the gap.

• Identify & define business requirements for new business models or changes to existing models (including application requirements and any graphical user information (GUI) requirements) - produce the Business Requirements Definition (BRD) & Business Requirements Specification (BRS), prepare business use case diagrams & test cases.
• Producing epic hypothesis statements, features and user stories in an agile working environment.
• Analyse & design new business processes & organisational structures to support business requirements.
• Create business process models, analyse models & identify variances from operational & performance requirement.
• Define & design changes to existing processes as required & ensure integration of changes into process environment and translate into features and stories.
• Work with the project manager, architects, & other team members to define non-functional requirements (including metrics & performance goals) for the application.
• Participate in transitioning the requirements & use cases to systems analysts & designers, and ensure a clear & complete understanding of the requirements.
• Participate in quality management reviews throughout the BCL & SDLC to ensure requirements are fulfilled.
• Review test approach & test cases to ensure coverage of relevant business scenarios, use cases & functionality defined.
• Participate in testing to ensure that business requirements have been met.
• As subject matter expert assist with investigations, business impact & benefits analysis, & updates of the business case.
• Assist with benefit realisation review.

What will make you successful in this role?

Qualifications:

• Matric with Maths (Not Maths Literacy)
• Accredited business/systems analysis diploma
• Relevant degree will be advantageous e.g. BCom Information and Technology
• Relevant Agile methodology certification will be advantageous

Knowledge & Experience:

• > 4 years Knowledge /experience within the Life Assurance industry (or broader Financial Services industry).
• Business / System Analyses related (BA) experience an advantage (demonstrated proficiency).
• Knowledge of business & understanding of IT & ability to converse in both domains.
• Understanding of /experience with analyses methodologies, process disciplines, BCL & SDLC methodologies (Waterfall & Agile).
• Ability to articulate complex or technical concepts & issues in business terms.
• Changes to existing (even substantial) process changes & business initiatives.
• Alliance/contract management regarding external service providers/stakeholders an advantage.
• Application of Project Management principles - co-ordination, consultation, facilitation and delivery of operational / strategic initiatives an advantage.
• Computer literacy (MS Word and Excel and MS Visio).
• Client journey mapping will be advantageous.
• Sound knowledge of writing effective stories and the application of the appropriate agile techniques.
• Experience with end-to-end client journey process / system automation will be advantageous. E.g. Robotic Process Automation (RPA).

Role specific competencies:

• Conceptual and Detail thinker
• Strong analytical & numerical ability
• Good Communication Skills

Sanlam Core competencies:

• Care
• Integrity

Personal Attributes

Interpersonal savvy - Contributing independently

Decision quality - Contributing independently

Plans and aligns - Contributing independently

Optimises work processes - Contributing independently

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its four business clusters – Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

Closing date: 31 July 2023

Our commitment to transformation

The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.

About the company

As one of the largest financial services groups in South Africa, Sanlam provides insurance, investment, financial planning & retirement advice to individuals, businesses & institutions.