Sr. Technical Business Analyst

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Full Time New York, NY, US

2 days ago Requisition

Salary Range: $ To $ Annually

Senior Technical Business Analyst

As an IT Business Process Analyst, you will play a critical role in driving operational excellence and supporting process improvements within the insurance and compliance domains. You will partner with process owners across departments such as Finance, Operations, and Claims to optimize workflows, analyze data, and identify opportunities for automation. You will also support the documentation and analysis of end-to-end business processes, ensuring they align with organizational goals and compliance standards.

Essential Functions

• Analyze and document business requirements for reinsurance and investment businesses spanning multiple asset classes such as private credit, private equity, CMBS, CLO, public securities, Equities, and fixed income as well as Derivatives.
• Collaborate with investment professionals and technology teams to design and implement solutions that enhance operational efficiency and data integrity.
• Support the selection, configuration, and maintenance of reinsurance and investment management systems, ensuring alignment with business needs.
• Lead and participate in system integration projects, workflow automation, and reporting enhancements.
• Troubleshoot and resolve functional issues, acting as the liaison between end-users and IT.
• Develop and deliver training materials for new system features and processes.
• Leverage Python for automation, data analysis, system integration, and development of custom financial tools and applications.
• Collaborate on Python-based solutions to streamline reinsurance and investment workflows, reporting, and data management.
• Business Process Analysis & Documentation:
  Collaborate with stakeholders to understand end-to-end business processes, translating them into detailed activity flows, data maps, business rules, and decision models. Work with subject matter experts to create and maintain process documentation, including standard operating procedures and workflows.
• Process Optimization & Improvement:
  Perform as-is process analysis to identify inefficiencies and recommend improvements. Apply problem-solving techniques to streamline processes and ensure compliance with industry regulations. Participate in Failure Mode & Effect Analysis (FMEA) to mitigate risks.
• Requirements Gathering & Solution Design:
  Assist in gathering and documenting business requirements, user stories, and acceptance criteria. Collaborate with IT teams to ensure that proposed solutions meet business needs and compliance requirements.
• Project Management Support:
  Contribute to project planning by developing timelines, schedules, and resource plans for process improvement initiatives. Provide regular updates on project progress, risks, and issues to stakeholders.
• Data Analysis & Volume Studies:
  Conduct time studies and gather volume data to assess the efficiency of current processes. Use performance data to support recommendations for process automation and improvement.
• Change Management & Training:
  Support change management initiatives, ensuring that new processes are successfully adopted by the organization. Assist in the development of training materials and facilitate training sessions for end-users.
• Post-Deployment Support:
  Provide ongoing support for process improvements after deployment, troubleshooting issues and refining solutions as necessary. Validate the effectiveness of process changes.
• Proficiency in business process management (BPM) tools and project management software.
• Experience with…