Pensions - Functional Expert/BA

Damco Solutions Inc

Plainsboro, NJ

Job Description

Business Analysis & Requirements Gathering:

Work closely with stakeholders, product owners, and IT teams to define and document business

requirements for pension-related products.

Conduct gap analysis between existing and proposed business processes to optimize system

capabilities.

Identify regulatory and compliance needs for pension products in US, UK, APAC, and Africa

regions.

Develop Business Requirement Documents ( BRD ), Functional Specifications, and User Stories.

Policy Administration & Claims Management:

Provide subject matter expertise on policy administration, claims handling, pension workflows , various Pension payout methodologies:
- Contribution management
- Defined Benefits and contributions
Collaborate with underwriting and claims teams to enhance operational efficiencies.
Ensure seamless integration between policy administration systems ( Guidewire, Duck Creek )

nd third-party platforms.

System Integration & Agile Delivery:

Work with development and QA teams to ensure proper implementation of business

requirements.

Support data migration, system configuration, and integration efforts.
Participate in Agile ceremonies (sprint planning, retrospectives , daily stand-ups) and act as a

bridge between business and technical teams.

Conduct UAT, system testing, and process validation to ensure smooth deployments.

Stakeholder & Project Management:

Engage with internal teams and external vendors to align business needs with technology

solutions.

Lead cross-functional discussions to drive process improvements and workflow automation.
Communicate project updates, risks, and dependencies with leadership teams.

Required Skills & Experience:

5-7 years of experience as a Business Analyst in the pensions domain .
Strong domain knowledge in US and UK pension products, policies, and regulatory frameworks.
Expertise in policy administration, claims handling, pension workflows, various Pension payout methodologies - Contribution management, Defined Benefits and contributions
Experience working with Guidewire and Duck Creek platforms.
Knowledge of system integration, data migration, and API-based interactions.
Familiarity with gile/Scrum methodologies.
Strong analytical, problem-solving, and stakeholder management skills.
bility to document functional and non-functional requirements with attention to detail.
Excellent communication skills and ability to work in a multi-geography setup (US, UK, APAC, Africa).

Preferred Qualifications

Experience with regulatory reporting requirements in the pension industry.
Previous experience working on pension product launches or digital transformation projects.
ny relevant certifications in Business Analysis (CBAP, PMI-PBA) or gile (CSPO, SAFe).
Strong understanding of risk assessment and compliance in pension administration.

Apply

Vacancy posted 4 days ago

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