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Insurance Business Analyst (AM/M, User Side - Policy Administration)

Cornerstone Global Partners

  • Company Industries:Others

Job Information

  • Post Date:2024-07-03
  • Location:Hong Kong Island
  • Salary:$40,000 – $60,000 per month
  • Employment Type:Full time
  • Others:gather and analyze business requirements
    identify improvement and optimization
    conduct UAT
  • Job Function:Business  Systems  Analysts  

Job Description

Responsibilities:

  • Collaborate with internal stakeholders, including business users, IT teams, and project managers, to gather and analyze business requirements related to policy administration systems.
  • Conduct thorough analysis of existing policy administration processes and systems to identify areas for improvement and optimization.
  • Translate business requirements into functional specifications and user stories, ensuring alignment with system capabilities and limitations.
  • Participate in system design and development activities, providing inputs and guidance on user interface design, workflow automation, and data integration.
  • Conduct user acceptance testing to validate system enhancements and ensure they meet business requirements.
  • Provide training and support to end-users on policy administration systems, ensuring a smooth transition and adoption of new functionalities.
  • Act as a subject matter expert on policy administration processes and systems, providing guidance and advice to business users and stakeholders.
  • Monitor system performance and identify opportunities for system enhancements or process improvements to increase efficiency and effectiveness.
  • Collaborate with IT teams on system maintenance, upgrades, and bug fixes, ensuring minimal disruption to policy administration operations.
  • Stay updated on industry trends, best practices, and regulatory changes related to policy administration, and proactively suggest improvements or changes to align with evolving business needs.

 

Requirements:

  • Bachelor's degree in Business Administration, Computer Science, or a related field.
  • Proven experience as a Business Analyst, preferably in the insurance industry, with a focus on policy administration systems.
  • Strong understanding of policy administration processes, including policy issuance, endorsements, renewals, and claims management.
  • Familiarity with policy administration systems, such as Guidewire, Duck Creek, or similar platforms, and their functionalities.
  • Proficiency in gathering and analyzing business requirements, and translating them into functional specifications.
  • Experience in user acceptance testing (UAT) and system implementation, ensuring alignment with business needs.
  • Knowledge of insurance industry regulations and compliance requirements related to policy administration
  • Certification in Business Analysis (e.g., CBAP, CCBA) is desirable but not mandatory.
  • Proficiency in business process modeling tools and techniques is a plus.

 

Company Info

Cornerstone Global Partners

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