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Senior Business Analyst

Job in Morristown, Morris County, New Jersey, 07960, USA
Listing for: Sompo
Full Time position
Listed on 2026-01-12
Job specializations:
  • IT/Tech
    Data Analyst
Salary/Wage Range or Industry Benchmark: 110000 - 140000 USD Yearly USD 110000.00 140000.00 YEAR
Job Description & How to Apply Below

Senior Business Analyst

Location:

Purchase NY / New York City / Morristown NJ / Conshohocken PA / Charlotte NC

Salary Range: $110,000 – $140,000

Responsibilities
  • Direct and oversee the evolution of IT’s business requirements activities across the Finance portfolio. Ensure that the solutions developed support the Finance department in achieving their strategic and tactical objectives.
  • Lead requirements definition for Finance solutions. Collaborate closely with stakeholders to understand business requirements, informational needs, data sources, and translate them into documented business and functional requirements, use cases, process flows, data flows, traceability matrices, and report mock‑ups.
  • Implement system automation to enhance process efficiency, improve data quality, and reduce manual errors.
  • Plan and facilitate user acceptance testing with business stakeholders and project managers to obtain user acceptance test signoff.
  • Lead a small team of business analysts, facilitate prioritization, resource management, support decision making, review work products, and address escalated issues. Manage team development including orientation, training, performance management, counseling, and disciplinary action.
  • Collaborate with IT leadership and business partners to direct IT investments in support of the overall Finance business strategy. Develop business case justifications and cost/benefit analyses for IT spending and initiatives.
  • Maintain regular communications with Finance department managers and business process managers regarding pertinent IT activities.
  • Oversee enforcement of business analysis processes, departmental standards, style requirements, and other procedures necessary to meet business objectives and quality standards for IT deliveries.
  • Recommend, design, and monitor IT process improvement activities aimed at reducing costs, improving quality, and speed to market.
  • Perform other duties as assigned.
Qualifications
  • Bachelor’s degree in Accounting, Finance is required;
    Master’s Degree in Accounting, Finance of Information Systems management / or MBA preferred.
  • Accounting and/or Finance operations experience is required.
  • 7+ years’ experience in financial systems implementation work, with at least 5+ years in the Insurance industry focused on Finance and 2+ years experience managing business analysis teams.
  • Experienced in technology implementation and support.
  • 3+ years’ experience with SAP FS‑CD and FS‑GL on HANA.
  • Demonstrated business savvy to work effectively with managers and leaders to achieve key business and technology goals.
  • A track record of successful large project implementations.
  • Experience in building a new model to serve the IT needs of a growing and change‑oriented company.
  • Proven leadership ability to effectively manage a team of IT professionals and contractors.
  • Demonstrated project management skills.
  • Ability to handle demanding workloads to meet objectives.
  • Lean Six Sigma experience, a plus.
Benefits
  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account.
  • Pharmacy benefits with mail order options.
  • Dental benefits including orthodontia benefits for adults and children.
  • Vision benefits.
  • Health Care & Dependent Care Flexible Spending Accounts.
  • Company‑paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children.
  • Company‑paid Disability benefits with competitive salary continuation payments.
  • 401(k) Retirement Savings Plan with competitive employer contributions.
  • Competitive paid‑time‑off programs, including company‑paid holidays.
  • Competitive Parental Leave Benefits & Adoption Assistance program.
  • Employee Assistance Program.
  • Tax‑Free Commuter Benefit.
  • Tuition Reimbursement & Professional Qualification benefits.

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.

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Position Requirements
10+ Years work experience
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