Finance Business Analyst

Job Title: Finance Business Analyst (Insurance)
Industry: Insurance (Property & Casualty, Life, Health, Specialty)
Workplace Type: 100% Remote
Duration: 12-Month Contract
Experience Level: Senior / Expert

Project Overview

We are seeking a Senior-level IT Business Analyst to support critical finance initiatives within a large, well-established insurance organization. This role is deeply embedded within Finance and focuses on enhancing financial reporting, close processes, and control frameworks.
This is not a general IT Business Analyst role-success in this position requires hands-on experience supporting Finance teams at an insurance carrier, with the ability to translate complex accounting requirements into actionable IT deliverables.
The primary focus of this engagement is stabilizing current general ledger and financial systems to enable future transformation initiatives across data, reporting, and ERP platforms. You will play a key role in ensuring financial accuracy, auditability, and operational efficiency in a highly regulated environment.

Key Initiatives & Impact

• Stabilize and optimize existing finance and general ledger systems to support accurate financial reporting
• Strengthen financial close, reconciliation, and reporting processes (GAAP and Statutory)
• Improve financial data integrity, lineage, and audit readiness
• Support control-driven initiatives tied to regulatory and audit requirements
• Enable future finance transformation efforts by addressing current system limitations
• Enhance reporting workflows and data pipelines across upstream and downstream systems

Core Responsibilities

• Elicit, document, and validate requirements related to:
  • Financial close and reconciliation processes
  • Statutory (STAT) and GAAP reporting
  • Intercompany, reinsurance, and allocation workflows
  • Finance controls, audit support, and data lineage
• Translate finance requirements into:
  • User stories with clear, testable acceptance criteria
  • Functional specifications for data, reporting, and system integrations
  • Test scenarios supporting UAT and control validation
• Partner closely with finance stakeholders (Controllers, Accounting, Financial Reporting) to:
  • Analyze system impacts across upstream and downstream processes
  • Identify data gaps, logic issues, and control risks
  • Support resolution of production issues impacting financial results
• Collaborate with development, QA, and data teams to deliver solutions that meet stringent financial accuracy and audit standards

Required Qualifications

• Bachelor's degree required
• 5+ years of Business Analyst experience supporting Finance or Accounting teams
• Direct experience working at an insurance carrier (P&C, Life, Health, or Specialty)
• Hands-on experience supporting insurance financial reporting, including:
  • Statutory (STAT) and/or GAAP reporting
  • Financial close and reconciliation processes
  • Intercompany or reinsurance accounting workflows
• Proven ability to partner directly with:
  • Controllers
  • Financial Reporting teams
  • Accounting Policy and/or Audit teams
• Demonstrated experience translating accounting-driven requirements into IT deliverables (beyond process mapping)

Technical & Functional Skills

• Strong business analysis and requirements gathering expertise
• Experience writing finance-driven user stories in Agile or hybrid environments
• SQL proficiency for data validation, reconciliation, and analysis
• Exposure to financial data warehouses and reporting layers
• Familiarity with ERP systems, general ledger feeds, and financial reporting platforms
• Experience supporting UAT and managing requirements through finance-driven timelines

Preferred Qualifications

• Experience supporting regulatory or audit-driven initiatives
• Background in finance transformation or reporting modernization programs
• Familiarity with environments where financial accuracy and controls take priority over speed
• Experience working with complex financial systems such as IAS/Sun Gard or similar platforms

Work Environment

• Agile or hybrid delivery model
• Highly collaborative environment with Finance, IT, and Data teams
• Strong emphasis on accuracy, auditability, and control governance
• Opportunity to contribute to long-term modernization initiatives after stabilization phase
• Cannot support Visa sponsorship or OPT/CPT assistance for this role.

Job Type & Location
This is a Contract position based out of Omaha, NE.
Pay and Benefits
The pay range for this position is $40.00 - $55.00/hr.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:
Medical, dental & vision
Critical Illness, Accident, and Hospital
401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available
Life Insurance (Voluntary Life & AD&D for the employee and dependents)
Short and long-term disability
Health Spending Account (HSA)
Transportation benefits
Employee Assistance Program
Time Off/Leave (PTO,…