11 days ago

Senior Business Analyst

Munich Re

On Site
Full Time
$165,708
New York, United States

Job Overview

Job TitleSenior Business Analyst
Job TypeFull Time
CategoryCommerce
Experience5 Years
DegreeMaster
Offered Salary$165,708
LocationNew York, United States

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Job Description

Senior Business Analyst - North American Integrated Analytics Team

Munich Re, a world-leading reinsurance company with approximately 42,000 employees globally, offers a unique opportunity to be part of a global success story. We champion high performance, professional development, innovation, and passion, rewarding top performers with a highly competitive total rewards package.

As a Senior Business Analyst, you will play a pivotal role in driving transformative change within the life insurance industry through data science. You will act as a crucial liaison between clients and our Risk Specialists, Data Scientists, and Engineers. Your primary objective will be to deliver cutting-edge solutions to core challenges in the life insurance industry, leveraging machine learning and best-in-class risk assessment techniques. This role offers immersion in real-time business problems, fostering a collaborative approach to developing innovative solutions for our North American operations and clients.

Job Responsibilities

  • Lead technical implementation with clients:
    • Customize solution design agendas and facilitate meetings (virtual and on-site).
    • Produce client-facing and internal process diagrams, data flows, and other documentation.
    • Facilitate communication between clients and internal teams to understand complex business processes and gather, clarify, and validate requirements.
    • Document client requirements (configuration, new features).
    • Facilitate sign-off of client requirements and scope.
    • Manage changes to the baseline requirements.
    • Anticipate, quantify and resolve issues with requirements.
    • Prioritize requirements with engineering.
    • Develop test plans to ensure the client’s requirements are met.
    • Triage and coordinate the resolution of defects and bugs raised during the development phase.
    • Develop and improve process documentation to enhance team efficiency over time.
  • Drive satisfaction with our solutions:
    • Provide insights to clients to ensure they maximize platform utility.
    • Investigate and resolve problems raised by clients.
    • Work closely with clients to document their experience and share status with sales and leadership.
    • Maintain communication with compliance managers and document associated needs.
    • Advocate for improvements based on cost/benefit analysis.
    • Document and continuously evolve client success playbooks based on experience.
  • Support the product lifecycle:
    • Clarify and communicate business needs, contribute to the definition and design of new solutions, and ensure alignment with business needs.
    • Collaborate with risk specialists and data scientists to plan, develop, and implement new features and platform improvements.
    • Support testing and implementation of new features with clients to ensure accuracy and avoid disruption.
  • Collaborate with the sales team to shape pitches for new clients:
    • Assist with RFP responses.
    • Develop agendas for pitch meetings.
    • Participate in pitch meetings (virtual and on-site).

Qualifications

The successful candidate will demonstrate a natural desire to provide exceptional client service through their energy, enthusiasm, and initiative.

We are seeking candidates with the following qualifications:

  • Ideally, 10 (minimum 7) years of experience in client-facing technical roles.
  • Bachelor’s degree in Business, Economics, Computer Science, or equivalent.
  • Experience in Individual Life or Disability Insurance (Direct Carrier or Reinsurance).
  • Ability to express complex ideas clearly and facilitate communication between clients and internal teams.
  • Strong analytical, organizational, and time management skills.
  • Demonstrated ability to apply creative thinking and problem-solving skills to solve business problems.
  • Superior written and oral communication skills, including presentations to clients and internal management.
  • Experience producing technology project artifacts including but not limited to: business requirement documents, use cases, functional specifications, data mapping, and process diagrams.
  • Familiarity with cloud computing platforms (e.g., Microsoft Azure, AWS).
  • Experience developing basic SQL queries.
  • Experience using API platforms (i.e., Postman) to demo technology and troubleshoot.
  • Experience interpreting data in XML and JSON formats.
  • Adept in Excel, PowerPoint, Word, Power BI.
  • Advanced skills in process diagramming (i.e., Miro).
  • Experience with the full software development lifecycle and software engineering best practices.
  • Agility to work across multiple internal teams and multiple assignments in a dynamic environment.
  • The ability to learn and adapt quickly.
  • A drive to make a difference.
  • Must be able to travel 10-25%.

Key skills/competency

  • Client Relationship Management
  • Business Requirements Gathering
  • Solution Design
  • Process Improvement
  • Data Analysis
  • Project Documentation
  • SQL Querying
  • API Integration
  • Cloud Platforms (Azure/AWS)
  • Software Development Lifecycle

Tags:

Senior Business Analyst
Client Liaison
Requirements Gathering
Solution Design
Project Management
Client Service
Data Analysis
Problem Solving
Communication
Documentation
Testing
Microsoft Azure
AWS
SQL
API Platforms
Postman
XML
JSON
Excel
Power BI
Miro
SDLC

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How to Get Hired at Munich Re

  • Research Munich Re's culture: Study their mission, values, recent news, and employee testimonials on LinkedIn and Glassdoor.
  • Tailor your resume: Customize your resume to highlight experience in client-facing technical roles, business analysis, and insurance industry knowledge, specifically for Munich Re.
  • Showcase problem-solving: Prepare examples demonstrating your ability to solve complex business problems using analytical and creative thinking during interviews at Munich Re.
  • Highlight technical proficiency: Emphasize your skills in SQL, API platforms, cloud computing (Azure, AWS), and data formats like XML/JSON relevant to Munich Re's tech stack.
  • Practice communication skills: Refine your written and oral communication, including presentations, as clear client and internal team communication is critical for this Senior Business Analyst role at Munich Re.

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