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Business Analyst

Salary undisclosed

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Job Description

This position is responsible for:

  • Collaboration with various departments and stakeholders to gather, document and analyze business requirements, process and work flow.
  • To assist in identifying areas for process improvement and recommending solutions to enhance operational efficiency and effectiveness.

Major duties and responsibilities

  • Conduct research and analysis of underwriting processes to identify needs and areas for improvement
  • Develop a deep understanding of the company's underwriting products and services, and provide insights to stakeholders
  • Collect and analyze data to determine the effectiveness of various underwriting strategies and identify trends and opportunities
  • Prepare and present reports on findings, including recommendations for improving underwriting processes and systems
  • Collaborate with underwriters and other stakeholders to develop functional requirements and specifications for systems and processes
  • Ensure that solutions align with company goals and objectives, regulatory requirements, and market trends
  • Monitor and test implemented solutions to ensure they meet the business needs and identify potential areas for improvement
  • Develop and maintain documentation of underwriting processes, requirements, and solutions
  • Provide training and support to underwriters and other stakeholders on new systems and processes
  • Any other tasks as assigned

Skills

QUALIFICATIONS

  • Strong understanding on Motor, residential and other personal lines product.
  • Thorough understanding of standard operation flow of consumer lines business
  • Strong communication and interpersonal skills and networking
  • Result oriented and posses strong analytical skills
  • Computer literate especially MS Office.

Experience

  • More than 2 years relevant experience in the class of business.

Qualifications

  • Bachelor's degree in business administration, finance, economics, or a related field
  • Minimum of 3 years of experience in underwriting or a related field
  • Strong analytical and problem-solving skills related specifically to underwriting and risk assessment
  • Excellent communication and interpersonal skills, with the ability to work effectively with underwriters and other stakeholders
  • Experience with project management methodologies and tools
  • Familiarity with industry trends and regulatory requirements related to underwriting and risk assessment
  • Proficient in data analysis and visualization tools (Excel, Tableau, etc.)
  • Attention to detail and a focus on delivering high-quality work
  • Ability to work effectively both independently and as part of a team