Accord Technologies Inc
Business Analyst Insurance Retirement Domain
Accord Technologies Inc, Piscataway, New Jersey, United States
Business Analyst – Insurance Retirement Domain
Base pay range
$50.00/hr - $55.00/hr
Job Title:
Business Analyst – Insurance Retirement Domain
Location:
Piscataway, NJ (Locals preferred)
Duration:
12 months
Position type:
W2 contract
About The Role We are seeking a dedicated Business Analyst with expertise in the Insurance Retirement domain to join our team. The ideal candidate will possess a strong understanding of retirement insurance products, pension plans, and related financial processes, along with a solid grasp of accounting terminology and principles relevant to the insurance industry. You will act as a bridge between business stakeholders and technical teams to deliver effective solutions that meet business needs.
Key Responsibilities
Gather, analyze, and document business requirements related to retirement insurance products, pension plans, and associated financial services.
Collaborate with stakeholders from insurance, finance, actuarial, and compliance teams to understand business processes and translate them into detailed requirements.
Develop comprehensive functional and technical specifications, ensuring alignment with industry standards and accounting principles.
Map business processes and workflows, identifying opportunities for process improvements and automation.
Facilitate communication between business units and development teams to ensure solutions meet business objectives.
Assist in testing activities, including preparing test cases, coordinating user acceptance testing (UAT), and documenting outcomes.
Ensure solutions comply with regulatory standards, accounting practices, and internal policies.
Support data analysis efforts by working with data models, reports, and dashboards, utilizing accounting and insurance terminology.
Provide ongoing support and training to ensure successful implementation and adoption of solutions.
Qualifications & Skills
Bachelor’s degree in Business, Finance, Accounting, or related field.
Proven experience as a Business Analyst within the Insurance industry, specifically in the Retirement/Annuity/Pension domain.
Strong understanding of insurance retirement products, pension schemes, and associated financial processes.
Familiarity with accounting terminology such as reserves, premiums, amortization, claims provisioning, and financial reporting.
Excellent analytical, problem-solving, and communication skills.
Experience with BA tools like JIRA, Visio, MS Excel, and PowerPoint.
Ability to work collaboratively with cross-functional teams and stakeholders.
Knowledge of regulatory standards applicable to insurance and retirement products.
Preferred Qualifications
Experience working with actuarial teams and financial reporting departments.
Exposure to system implementations and integrations involving insurance and accounting platforms.
Professional certifications such as CBAP, PMI-PBA, or CFA.
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$50.00/hr - $55.00/hr
Job Title:
Business Analyst – Insurance Retirement Domain
Location:
Piscataway, NJ (Locals preferred)
Duration:
12 months
Position type:
W2 contract
About The Role We are seeking a dedicated Business Analyst with expertise in the Insurance Retirement domain to join our team. The ideal candidate will possess a strong understanding of retirement insurance products, pension plans, and related financial processes, along with a solid grasp of accounting terminology and principles relevant to the insurance industry. You will act as a bridge between business stakeholders and technical teams to deliver effective solutions that meet business needs.
Key Responsibilities
Gather, analyze, and document business requirements related to retirement insurance products, pension plans, and associated financial services.
Collaborate with stakeholders from insurance, finance, actuarial, and compliance teams to understand business processes and translate them into detailed requirements.
Develop comprehensive functional and technical specifications, ensuring alignment with industry standards and accounting principles.
Map business processes and workflows, identifying opportunities for process improvements and automation.
Facilitate communication between business units and development teams to ensure solutions meet business objectives.
Assist in testing activities, including preparing test cases, coordinating user acceptance testing (UAT), and documenting outcomes.
Ensure solutions comply with regulatory standards, accounting practices, and internal policies.
Support data analysis efforts by working with data models, reports, and dashboards, utilizing accounting and insurance terminology.
Provide ongoing support and training to ensure successful implementation and adoption of solutions.
Qualifications & Skills
Bachelor’s degree in Business, Finance, Accounting, or related field.
Proven experience as a Business Analyst within the Insurance industry, specifically in the Retirement/Annuity/Pension domain.
Strong understanding of insurance retirement products, pension schemes, and associated financial processes.
Familiarity with accounting terminology such as reserves, premiums, amortization, claims provisioning, and financial reporting.
Excellent analytical, problem-solving, and communication skills.
Experience with BA tools like JIRA, Visio, MS Excel, and PowerPoint.
Ability to work collaboratively with cross-functional teams and stakeholders.
Knowledge of regulatory standards applicable to insurance and retirement products.
Preferred Qualifications
Experience working with actuarial teams and financial reporting departments.
Exposure to system implementations and integrations involving insurance and accounting platforms.
Professional certifications such as CBAP, PMI-PBA, or CFA.
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