Role: Senior Business Analyst ( core skill - life insurance and annuity products experience is must to have)

Location: Homedale NJ or Bensalem-PA- 3 days office is must to go

Duration: Long term role

Job Summary: The Senior Business Analyst will play a critical role in analyzing business requirements, developing solutions, and ensuring the successful implementation of life insurance and annuity products.

This position requires a deep understanding of the life and annuity industry, strong analytical skills, and the ability to collaborate with cross-functional teams.

Core Skills:

• Experience: Minimum of 10-12 years of experience as a Business Analyst in the life insurance and annuity industry.
• This position requires a deep understanding of the life and annuity industry, strong analytical skills, and the ability to collaborate with cross-functional teams.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in business analysis tools and methodologies.
• Knowledge of annuity products and regulatory requirements is a MUST
• Ability to manage multiple projects and priorities simultaneously.

Certifications: Professional certifications such as CBAP (Certified Business Analysis Professional) or FLMI (Fellow, Life Management Institute) are a plus.

Key Responsibilities:

• Requirements Gathering: Collaborate with stakeholders to gather and document business requirements for life insurance and annuity products.
• Analysis and Design: Analyze business processes and systems to identify opportunities for improvement and design solutions that meet business needs.
• Project Management: Lead and manage projects related to the development and implementation of life and annuity products, ensuring timely delivery and alignment with business goals.
• Stakeholder Communication: Communicate effectively with stakeholders, including product managers, actuaries, compliance teams, and IT, to ensure alignment and understanding of project objectives.
• Documentation: Create detailed documentation, including business requirements, functional specifications, and user stories, to support the development and implementation of solutions.
• Testing and Validation: Develop and execute test plans to ensure the accuracy and functionality of life and annuity products, and facilitate user acceptance testing.
• Regulatory Compliance: Ensure that all solutions comply with relevant regulatory requirements and industry standards.
• Continuous Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of business operations.