Senior Life Underwriting Business Systems Analyst

Job not on LinkedIn

🔥 2 minutes ago

🇺🇸 United States – Remote

💵 $85k - $100k / year

⏰ Full Time

🟠 Senior

🧐 Business Analyst

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Logo of Transamerica

Transamerica

5001 - 10000 employees

Founded 1904

💼 Consulting

🏥 Healthcare

💸 Finance

Consulting • Healthcare • Finance

Transamerica is a financial services company that provides a diverse range of products and services, including life insurance, retirement planning, mutual funds, annuities, and employee benefits. It aims to help individuals plan for their financial future and live their best lives by offering research-based tools, education, and guidance. Transamerica works with institutions and advisors to deliver solutions and services designed to attend to the evolving needs of individuals and employers. They also focus on retirement security and investment management, emphasizing innovation and leadership in the financial industry.

📋 Description

• Support life underwriting transformation initiatives focused on modernization, automation, process improvement, and operational excellence • Collaborate with underwriting project teams and stakeholders to gather requirements, provide feedback, and align with IT on project goals and deliverables • Prepare “as is” and “current state” documentation in written and graphical form • Create business process models using Business Process Modeling techniques and tools • Lead development of new or revised processes or procedures in lieu of system development • Facilitate elicitation, analysis, and documentation of business and system requirements • Translate underwriting business needs into clear requirements for technical teams • Analyze business unit requests and determine possible solutions with technical staff • Communicate business and system impacts to IT and Operations staff • Prepare business and system requirements documentation in various formats • Work on teams developing or modifying highly complex information systems • Research and analyze business opportunities and develop formal recommendations to management • Use project and program management methodologies to support systems development deliverables • Provide test scenarios and criteria, prepare test-bed cases, and review test plans or matrices • Coordinate business readiness activities and assist with training, knowledge transfer, stakeholder communications, and training materials

🎯 Requirements

• Bachelor’s degree or equivalent education/experience, preferably in IT or a business area discipline • Minimum of 5 or more years of experience in business systems analysis • Two years of experience managing technical projects in a complex environment • Working knowledge of life insurance products, underwriting processes, and operational workflows • Two or more years of underwriting experience within Transamerica or two or more years of experience supporting an enhanced underwriting project • Strong analytical, decision-making, problem-solving, and organizational skills with attention to detail • Excellent written, verbal and presentation skills with the ability to communicate effectively with business and technical stakeholders • Ability to accept and manage changing priorities and address issues quickly and professionally • High degree of initiative and accountability

🏖️ Benefits

• Competitive Pay • Bonus for Eligible Employees • Pension Plan • 401k Match • Employee Stock Purchase Plan • Tuition Reimbursement • Disability Insurance • Medical Insurance • Dental Insurance • Vision Insurance • Employee Discounts • Career Training & Development Opportunities • Paid Time Off starting at 160 hours annually for employees in their first year of service • Ten (10) paid holidays per year • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars • Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service • Adoption Assistance • Employee Assistance Program • Back-Up Care Program • PTO for Volunteer Hours • Employee Matching Gifts Program • Employee Resource Groups • Inclusion and Diversity Programs • Employee Recognition Program • Referral Bonus Programs

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