SeniorBusiness Analyst ( core skill - life insurance and annuity products experienceis must to have)

Insuranceclient

Homedale NJor Bensalem-PA- 3 days office is must to go

$75-$80/hr.

Visa- anyvisa is ok

JobSummary:

GuardianInsurance

We arelooking for a seasoned  Product Owner /Business Analyst withdeep domain expertise in Life Insurance and Annuity business processes. Theideal candidate will act as a subject matter expert (SME), bridging the gapbetween business stakeholders and technical teams to deliver high-impactsolutions that align with regulatory requirements and customer needs.

KeyResponsibilities:

Serve as a domain expert in Life Insurance and Annuities, including product structures, policy administration, claims, underwriting, and regulatory compliance.

Elicit, analyze, and document business requirements, process flows, and system interactions.

Collaborate with product owners, actuaries, underwriters, and IT teams to define and prioritize business needs.

Translate complex insurance and annuity concepts into clear, actionable user stories and acceptance criteria.

Support the development and implementation of new insurance products and enhancements to existing systems.

Conduct gap analysis, root cause analysis, and impact assessments for business process changes.

Facilitate workshops and stakeholder meetings to gather insights and validate requirements.

Ensure solutions meet business goals, compliance standards, and customer expectations.

Assist in user acceptance testing (UAT), training, and post-implementation support.

RequiredSkills and Qualifications:

7–10 years of experience as a Business Analyst in the Life Insurance and Annuity domain.

Strong understanding of annuity products (e.g., fixed, variable, indexedetc ), policy lifecycle, and regulatory frameworks (e.g., NAIC, DOL fiduciary rules).

Proven experience in business process modeling, requirements gathering, and documentation.

Familiarity with insurance platforms such as Admin systems  or similar.

Experience working in Agile/Scrum environments.

Excellent communication, stakeholder management, and problem-solving skills.

Proficiency in tools like JIRA, Confluence, Visio, and MS Office Suite.

Bachelor’s degree in Business, Finance, Insurance, or a related field.

PreferredQualifications:

Certifications such as LOMA (e.g., FLMI, ARA) or Agile certifications (e.g., CSPO, PMI-ACP).