Business Analyst (Life Insurance products)
At a glance
Location: US-CA-Newport Beach Map
Posted: 04/13/2021
Closing: 05/12/2021
Degree: Not Specified
Type: Contractor
Experience: Not Specified
Job description
Job Summary: The Solutions Analyst role is to provide solutions to business problems within a domain to drive delivery of solutions.  The role will primarily be responsible for analyzing complex business ideas and needs, and to leverage the business and industry knowledge to come up with solutions that achieve business outcomes.  This role will apply proven communication, analytical, leadership and problem-solving skills to help maximize the benefit of investments.

Essential Duties and Responsibilities
Business Consultation

Works with the business to drive the evaluation of new business ideas, vendors, and business models across the doman.
Proactively identifies gaps and provides options to address new and current systems, processes and procedures in a cost-effective manner.
Collaborates with business across multiple segments to find opportunities for business improvements and leads efforts to translate those objectives into solutions.
Conducts analysis to determine the best path for solving business problems/opportunities that may include business models, process improvements, system enhancements, user training, and/or software procurement.
Provides an overview of scope for ongoing large business initiatives to help identify dependencies and trends.

Project Delivery
Consults with Stakeholders and Delivery teams to identify and structure programs and projects that evolve and enhance prioritized capabilities.
Provides oversight and alignment between impacted parties by project scope and identifies alternatives to deliver both the solution and the value expected from the effort.
Creates scope backlogs that can be translated into a list of work.
Works with delivery teams to drive the execution of the identified scope.
Manages stakeholder engagement, awareness, and expectations.
Prepares communications and makes presentations documenting solutions.
Articulates the project scope at all levels of the organization and a broad range of audiences.
Works independently on larger initiatives and manages the complexity of work, first seeking to understand the problems and positively working through others to drive execution.

Process Stewardship
Develops integrated business models to demonstrate interoperability between products, operations, and systems
Uses best practices and industry-standard techniques.

Minimum Qualifications & Experience
Minimum of 8+ years as a Business Analyst, Business Systems Analyst or Systems Analyst.
Broad and deep knowledge of life insurance products, services, markets, and technology across the business value chain, or a defined domain segment.
Extensive experience in supporting the planning and deployment of process and technology initiatives.
Exceptional communication skills including the ability to communicate appropriately within the organization and influence others (written and verbal communications as well as visualizations to a variety of audiences).
Strong leadership skills.
Ability to adapt and respond constructively to changes in organizational priorities and funding decisions.
Ability to think creatively, make decisions, and solve problems.
Ability to employ a consultative approach to work, understand the needs vs risks, and uncover any assumptions for the best possible outcomes.
Bachelor's or Master's degree in MIS, Computer Science, Finance, or related discipline, or an equivalent combination of education and work experience.

We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
Business Analyst (Life Insurance products)