Sr. Business System Analyst
20 hours ago
Job Description :
Business System Analyst | Hybrid role | Multiple Locations
The Business System Analyst/ Senior Consultant oversees the support, implementation, and deployment of e-business order entry initiatives within the Annuity and Life Insurance sectors, utilizing platforms such as Exchange Products (AnnuityNet, LifeSpeed, Smart office) and iPipeline AFFIRM. This role encompasses engagement with a diverse client base comprising over 65 prominent insurance carriers and distributors, including broker dealers, captive agents, and banks. From small-scale production projects to large-scale, intricate transformations, the Senior Consultant conducts comprehensive business analysis across various project scopes. Additionally, they serve as the primary client-facing liaison for a select number of clients.
WHAT YOU’LL DO:
PRODUCT MODELING PROJECTS
Conduct comprehensive requirements gathering processes to ensure alignment with project objectives.
Collaborate in the development of robust supporting documentation to streamline project workflows.
Perform thorough analysis of business requirements to identify essential features for product development.
Model and meticulously maintain carrier products in compliance with IRI/ACORD Standards for PPfA/PPfL, DPfA/DPfL, utilizing VTXml or manual XML modeling techniques.
Configure products, features, distribution agreements, commissions, funds, ownerships, and intricate configurations with precision.
Conduct rigorous testing to validate product functionality on Order Entry platforms, ensuring seamless performance.
Facilitate smooth deployments to test regions and production environments, adhering to established protocols.
Analyze and resolve product production issues promptly and effectively to minimize disruptions.
rovide expert support to carriers, distributors, and colleagues, addressing modeling questions and issues with proficiency and professionalism.
FORMS & CARRIER QUESTIONS TRACK
Proficiency in requirements gathering methodologies to ensure comprehensive understanding of project objectives.
Collaborative contribution to the development of comprehensive supporting documentation.
Conduct thorough analysis of business requirements to assess their impact on forms.
Perform meticulous gap analysis on forms to identify potential builds for carrier questions.
Skillfully create and activate custom carrier or distributor questions on designated platforms.
Expertly maintain carrier or distributor forms, including tagging and generation rules. • Support the implementation of e-Signature forms functionality, ensuring seamless integration.
Utilize XML Spy to proficiently edit or create Forms XML for defining forms libraries and generation rules.
Employ Adobe Acrobat to proficiently tag forms using Named Items or iPipeline AFFIRM XPath.
Create and maintain Common Map for AFFIRM using XML macro language, ensuring accuracy and efficiency.
Conduct rigorous testing to validate forms and questions functionality on Order Entry platforms.
Facilitate smooth deployment of forms and carrier questions to test regions and production environments.
Analyze and resolve production issues promptly and effectively to minimize disruptions.
Provide expert support to carriers, distributors, and colleagues on forms and carrier question issues, demonstrating professionalism and expertise.
WHAT YOU’LL NEED:
- 8+ years of demonstrated expertise in strategy and consulting roles, showcasing a track record of success and impactful contributions.
- Bachelor's degree in Computer Science, Business Administration, Finance or mathematics, or a related field. Substantial work experience may serve as a substitute for formal education.
- Extensive experience in Adobe Acrobat PDF forms tagging and editing, demonstrating proficiency in document management.
- Familiarity with annuity order entry systems such as iPipeline Affirm, AnnuityNet, and life insurance eApp platforms like LifeSpeed and iPipeline Affirm. Thorough knowledge of industry standards including ACORD, XML Forms Management, VTXml, XML Product Modeling (PPfA, PPfL, DPfA, DPfL), XMLSpy, XPath Reference, and MACRO.
- Demonstrated proficiency in Business Analyst competencies, encompassing requirements gathering, documentation, needs analysis, and test plan development and execution. Exceptional verbal and written communication skills, enabling effective interaction with diverse stakeholders including clients, colleagues, and subject matter experts.
Proven self-starter with a proactive approach to project advancement, maintaining relentless focus on meeting client delivery dates.
- Superior analytical and problem-solving abilities, coupled with a consultative demeanor that allows for effective interpretation of customer business needs.
- Ability to translate business requirements into application and operational specifications, ensuring alignment with organizational objectives.
- Ideally coming from an operational background within a life insurance or annuity carrier, wealth management firm, or annuity/life insurance platform provider, possessing comprehensive familiarity with insurance products, application packages, business rules, and Information Technology Services systems.
- Familiarity with DTCC, e-Sign applications, or AMP is considered advantageous.
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