US_West | Business Analyst_L4

Business Analyst (Guidewire PolicyCenter)

Location: Schaumburg

Job Summary: We are seeking an experienced Guidewire PolicyCenter Business Analyst with strong expertise in Commercial Lines Insurance and Guidewire Rating.

The ideal candidate will work closely with business stakeholders, underwriting teams, product owners, and development teams to analyze business requirements, design solutions, and support the implementation of Guidewire PolicyCenter and Rating functionalities.

The candidate should possess a strong understanding of Property & Casualty (P&C) insurance processes, Commercial Lines products, policy lifecycle, rating engines, and Guidewire implementation methodologies.

Key Responsibilities:

• Gather, analyze, and document business requirements for Commercial Lines insurance products.
• Collaborate with business stakeholders, underwriters, product managers, and technical teams to define functional requirements.
• Translate business requirements into detailed functional specifications, user stories, and acceptance criteria.
• Support Guidewire PolicyCenter implementations, configurations, and enhancements.
• Analyze rating requirements, premium calculation logic, rate books, and rating workflows.
• Work with Rating Architects and Developers to design and validate rating solutions.
• Support product modeling activities, including coverage configuration, modifiers, jurisdictions, forms, and rating structures.
• Participate in requirement workshops, gap analysis, impact assessments, and solution design sessions.
• Review and analyze policy lifecycle processes, including submission, quote, bind, issue, renewal, endorsement, and cancellation.
• Create process flows, Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), and use cases.
• Support System Integration Testing (SIT), User Acceptance Testing (UAT), and production validation activities.
• Work in Agile/Scrum delivery environments and participate in sprint planning, backlog refinement, and demo sessions.
• Coordinate with QA teams to ensure test scenarios adequately cover business and rating requirements.
• Provide production support and perform defect analysis related to PolicyCenter and Rating configurations.

Required Skills:

Guidewire Skills:

• Strong experience with Guidewire PolicyCenter.
• Experience with Guidewire implementation, upgrade, or support projects.
• Strong understanding of Product Model, Policy Lifecycle, Underwriting Rules, Rating Framework, Forms and Documents.
• Knowledge of Guidewire integration concepts.

Commercial Lines Insurance:

• Strong domain knowledge of Commercial P&C Insurance.
• Experience with one or more of the following Commercial Lines products: Commercial Auto, General Liability, Commercial Property, Workers' Compensation, Business Owners Policy (BOP), Umbrella Liability.

Rating Experience:

• Strong understanding of insurance rating concepts, including premium calculation, rate books, rating variables, coverages and modifiers, discounts and surcharges, territory-based rating.
• Experience validating rating algorithms and premium calculations.
• Knowledge of Guidewire Rating Management or external rating engines is preferred.

Business Analysis Skills:

• Requirements elicitation and stakeholder management.
• User story creation and backlog management.
• Process mapping and workflow analysis.
• BRD, FSD, and use case documentation.
• Defect triage and root cause analysis.

Preferred Qualifications:

• Guidewire PolicyCenter Certification.
• Experience with Guidewire Cloud implementations.
• Experience working in Agile/Scrum environments.
• Knowledge of APIs, integrations, and web services.
• Experience with Jira, Confluence, and Azure DevOps.

Educational Qualification: Bachelor's degree in Engineering, Computer Science, Information Technology, Business Administration, or a related field.

Nice to Have:

• Guidewire Rating Management experience.
• Experience with Commercial Lines product rollout projects.
• Exposure to Guidewire BillingCenter and ClaimCenter.

All qualified applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.