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Senior Business Analysit - InsurTech

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: InsureMO
Full Time position
Listed on 2026-01-13
Job specializations:
  • IT/Tech
    Data Analyst, Business Systems/ Tech Analyst, IT Business Analyst, Systems Analyst
Salary/Wage Range or Industry Benchmark: 125000 - 150000 USD Yearly USD 125000.00 150000.00 YEAR
Job Description & How to Apply Below

Responsibilities

  • Participate in / lead discussions with business users to understand the business requirements with focus on business consulting as required.
  • Participate in meetings/workshops with business users in determining the requirements for:
  • Processes
  • Products
  • Third party integrations
  • Active involvement in hands‑on Product configuration in line with Project specific requirements
  • Identify and highlight potential risks to the business with respect to Functional and Non‑Functional requirements
  • Manage business stakeholders to follow the system instead of heavily customizing the processes, workflow or products.
  • Analyse data relationships and dependencies, business processes and communication for mapping into future system requirements.
  • Work closely with technical teams and business stakeholders to prepare clear business objectives and system specifications for the design, development and enhancement of applications.
  • Liaise with Development and Testing Teams to ensure that all documented specifications are clearly understood.
  • Assist in the creation and implementation of business and system test plans.
  • Write/produce high quality documentation and provide progress reports to Lead Consultant and Project Manager as directed.
  • Prepare PowerPoint presentations for training and system demo purposes and also for pre‑sales.
  • Ability to delegate and steer Product deliverables to completion working with other BAs in the team.
  • Have good proficiency in Excel, Word, Data visualisation and designing tools.
  • Perform functional testing from business perspective.
  • Providing support to customers for UAT and post production.
Professional Characteristic
  • Driven, with a “can do approach”
  • Sense of urgency, focus on the outcome, not just the task.
  • Ownership, pride, and passion with regards work output;

Energetic, learns at a face pace and applies learnings in daily circumstances to deliver real value to clients.

Qualifications
  • Undergraduate Degree/Diploma
  • Insurance industry Certifications will be added advantage.
  • Membership of relevant professional body will be added advantage.
Experience
  • Mandatory 7+ years relevant experience as a Business Analyst in Insurance domain with focus on non-life/ General/ Personal & Commercial lines
  • Hands‑on Experience in Insurance products configuration with exposure to modules e.g. Policy Administration, Underwriting, Rules, Billing/ Finance (Rating), Claims, Reporting, Documentation etc.
  • Experience in ISO, ACORD standard will be an added advantage.
  • Ability to manage difficult stakeholders internal as well as external with active participation in the requirement clarifications during implementation, issue resolutions with in‑depth Business & System analysis.
  • Excellent written and verbal communication skills.
  • Quality orientation and attention to detail.
  • Strong analytical and problem solving skills.
  • Self‑starter, Quick Learner, able to manage difficult situation and conflict resolution.
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Position Requirements
10+ Years work experience
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