Business Analyst with Property and Casualty (P&C) insurance domain

Job Description

We are

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At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,500+, and has 58 offices in 21 countries within key global markets.

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Our Challenge:

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We are seeking an experienced Business Analyst with specialized knowledge in the Property and Casualty (P&C) insurance domain , particularly in claims management. The successful candidate will act as a liaison among stakeholders to understand the structure, policies, and operations of the organization and to recommend solutions that enable the organization to achieve its goals.

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Additional Information*

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The base salary for this position will vary based on geography and other factors.

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In accordance with law, the base salary for this role if filled within Glen Allen, VA is $95K-$105K/year & benefits (see below).

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The Role:

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Responsibilities:

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• Collaborate with underwriting, claims, actuarial, and other domain experts to understand and document business needs and processes within the P&C insurance space.
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• Gather, analyze, and translate business requirements into detailed functional specifications and user stories for development teams.
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• Conduct gap analysis to identify areas for process improvement and system enhancement.
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• Support the design, testing, and implementation of P&C insurance solutions, ensuring alignment with business goals.
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• Assist in the development of data models, workflows, and reports related to insurance operations.
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• Facilitate communication among stakeholders, project teams, and vendors to ensure clear understanding and successful delivery.
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• Support regulatory compliance, risk management, and audit requirements by ensuring systems and processes meet industry standards.
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• Keep abreast of industry trends, regulatory changes, and emerging technologies within the P&C insurance domain.
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Requirements:

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• Bachelor’s degree in Business, Information Technology, or related field.
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• 8+ years as a Business Analyst, specifically in the Property and Casualty insurance industry.
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• Strong SQL skills for data analysis and reporting.
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• Hands-on experience with business analysis tools like Jira, Confluence, or similar.
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• Deep understanding of P&C insurance policies, claims, and underwriting processes.
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• Strong understanding of P&C insurance processes, including underwriting, policy administration, claims handling, ratemaking, and risk assessment.
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• Experience with insurance software platforms like Guidewire, Duck Creek, Vertafore, or similar.
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• Excellent analytical, problem-solving, and documentation skills
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• Excellent communication and stakeholder management skills.
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• Proven ability to work collaboratively in Agile/Scrum environments.
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• Certification such as CBAP, CCBA, or PMI-PBA is advantageous.
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Preferred, but not required:

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• Professional certifications such as CBAP, CCBA, or PMI-PBA.
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• Experience with Agile/Scrum methodologies.
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We offer:

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• A highly competitive compensation and benefits package.
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• A multinational organization with 58 offices in 21 countries and the possibility to work abroad.
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• 10 days of paid annual leave (plus sick leave and national holidays).
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• Maternity & paternity leave plans.
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• A comprehensive insurance plan including medical, dental, vision, life insurance, and long-/short-term disability (plans vary by region).
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• Retirement savings plans.
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• A higher education certification policy.
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• Commuter benefits (varies by region).
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• Extensive training opportunities, focused on skills, substantive knowledge, and personal development.
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• On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses.
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• Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups.
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• Cutting edge projects at the world’s leading tier-one banks, financial institutions and insurance firms.
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• A flat and approachable organization.
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• A truly diverse, fun-loving, and global work culture.
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S YNECHRON’S DIVERSITY & INCLUSION STATEMENT

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Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Same Difference’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.

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All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.