Business Analyst I, Underwriting

Overview

Job Summary

The Business Analyst I – Underwriting supports underwriting operations by analyzing business processes, gathering requirements, and assisting in the development and implementation of solutions that improve efficiency, accuracy, and profitability. This entry-level role works closely with underwriting teams, IT, and other stakeholders to translate business needs into actionable insights and system enhancements.

Responsibilities

Key Responsibilities

• Collaborate with underwriting teams to understand workflows, business needs, and system requirements.
• Gather, document, and analyze business requirements for underwriting systems, tools, and processes.
• Assist in identifying opportunities to improve operational efficiency, automation, and data quality.
• Support the development, testing, and implementation of underwriting system enhancements and projects.
• Create and maintain process flows, business requirement documents (BRDs), and functional specifications.
• Analyze underwriting data to identify trends, issues, and improvement opportunities.
• Participate in user acceptance testing (UAT) and ensure solutions meet business requirements.
• Serve as a liaison between business stakeholders and IT teams.
• Assist in troubleshooting system issues and providing user support.
• Ensure compliance with regulatory, company, and underwriting guidelines.

Qualifications

Qualifications

• Bachelor’s degree in Business Administration, Finance, Economics, Information Systems, related field or equivalent business experience. 
• 0–2 years of experience in business analysis, underwriting support, insurance, or related field.
• Basic understanding of insurance underwriting processes and risk assessment (preferred).
• Strong analytical and problem-solving skills.
• Excellent communication and documentation skills.
• Ability to work collaboratively in a team environment.
• Experience with Microsoft Office (Excel, Word, PowerPoint); familiarity with data tools is a plus.

• Preferred Skills

  • Knowledge of insurance systems and policy administration platforms.
  • Exposure to SQL, data analysis tools, or reporting platforms (e.g., Power BI, Tableau).
  • Familiarity with Agile or Waterfall project methodologies.

  The expected salary range for this role is (USD $49,000.00 - USD $73,000.00 Yr. )

  Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

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What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.