Business Systems Analyst

Toronto, ON, Canada

Job Description

Candidate profile details:

  • Degree/Level of Education: Computer science or related
  • Certifications Required: NO
  • Years of Overall Experience: 3-5yrs
  • How will performance be measured: NA
  • Preferred/Ideal Candidate Background: Financial industry is required
  • Provide support in developing clear, comprehensive system requirements and functional/technical specifications aligned with established standards and frameworks.
  • Work closely with business partners, technology teams, project teams, and stakeholders to elicit, analyze, document, communicate, and manage detailed functional specifications.
Accountabilities:
  • Develop efficient solutions by researching and analyzing current state system capabilities and recommending technology options in collaboration with key technology partners.
  • Support testing teams by translating requirements and use cases into test conditions and expected results for product, performance, user acceptance, and operational acceptance testing.
  • Collaborate with stakeholders to assess solution options, understand impacts on existing processes and systems, and guide integration activities.
  • Ensure adherence to BSA best practices and maintain quality across project processes and deliverables.
  • Follow established processes and standards, including requirements management, project management disciplines, enterprise delivery practices, and technology architecture, escalating issues when necessary.
  • Continuously build expertise in relevant technologies, applications, analytical tools, and emerging trends to support effective solution design and delivery.
  • Expand knowledge of business domains, products, and services to strengthen solution alignment.
  • Maintain clear, ongoing communication with stakeholders throughout the project lifecycle.
  • Perform BSA responsibilities effectively on single or multiple concurrent projects.
  • Prioritize and manage workload to deliver high quality results within established timelines.
  • Contribute to a positive work environment focused on service, quality, innovation, and teamwork; participate in team and business-unit knowledge transfer.
  • Coach and support new or less experienced colleagues as needed.
  • Identify and recommend opportunities to improve team productivity, effectiveness, and operational efficiency.
Additional Information:
  • Excellent verbal and written communication skills, with comfort engaging both business and technical audiences.
  • Self starter capable of multitasking effectively in a fast paced environment.
  • Strong ability to determine appropriate levels of detail, effort, and prioritization for each assignment.
  • Able to adapt quickly to shifting priorities.
  • Highly motivated with a proven track record of delivering results.
  • Strong problem solving skills and high attention to detail.
  • Demonstrated ability to follow up on issues independently and ensure timely resolution, escalating when appropriate.
  • How much time is being spent in meetings : 1 hour a day
  • Who are they interacting with (internal/external): Mostly internal
  • Will the contractor have access to any customer data? YES
Must Have Requirements:
  • 3+ years of experience as a Business Systems Analyst, ideally in insurance.
  • Hands on experience working in Agile environments, with familiarity in Scrum or SAFe.
  • Foundational Insurance Rating experience, including exposure to rating engines or rating model development.
  • Strong understanding of personal lines insurance (auto, residential).
  • Proficiency with Excel, including the ability to validate and troubleshoot actuarial calculation sheets.
  • Experience with XML and APIs or other integration/web service technologies.
  • Ability to support rating algorithm design based on actuarial specifications.
  • Experience reviewing rating related documentation and supporting solution validation.
  • Effective collaboration skills, with the ability to participate in knowledge transfer and design discussions.
  • Working knowledge of SQL, XML, and core pricing/rating concepts.
Nice to Have Skills:
  • Exposure to commercial insurance products and rating models.
  • Experience working with Guidewire or other policy administration systems.
  • Experience with more advanced or complex rating engines.
  • Familiarity with integration mapping, data transformations, or API testing tools.
  • Prior involvement with Underwriting or Pricing teams.
  • Experience in a SAFe Agile environment beyond basic participation.
  • Ability to create or enhance more complex rating algorithms or actuarial driven configurations.
  • Broader knowledge of insurance workflows, including policy issuance, endorsements, and renewals.
Please note:
  • AI is not used to screen, assess, or select candidates.
  • This role reflects an existing vacancy at the time of posting.
Job Details
14041
Contract
2 years
Toronto
Recruiter
Varun Puggal
|

Skills Required

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Job Detail

  • Job Id
    JD3462467
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned