Business Analyst (Commercial Underwriting)

Jersey, NJ - USA

Monthly Salary: Not Disclosed

Posted on: 4 hours ago

Vacancies: 1 Vacancy

Job Summary

Role: Business Analyst (Commercial Underwriting)

Location: Jersey City NJ (Hybrid)

Type: Contract

Description:

We are seeking a Specialty Lines Business Analyst with 5 years of experience and strong Commercial Underwriting domain expertise to work closely with underwriting teams. This role is responsible for eliciting analyzing and documenting business requirements that support underwriting workflows systems and regulatory needs.
The ideal candidate brings a deep understanding of underwriting operations and can translate complex business processes into clear structured Business Requirements Documents (BRDs) that are easily consumable by technology and delivery teams.

Day-to-Day Job Duties:

Partner closely with Commercial Underwriters and underwriting leadership to understand current-state and future-state underwriting processes across:
Habitational General Liability (GL)
Management Liability
Excess (XS) Casualty
Lead requirements elicitation activities including interviews workshops and working sessions with underwriting stakeholders.
Develop clear comprehensive and high-quality Business Requirements Documents (BRDs) covering:
Business objectives scope and assumptions
Functional and non-functional requirements
Data requirements business rules and underwriting decision logic
Regulatory and compliance considerations
Translate underwriting workflows and risk assessment needs into structured unambiguous requirements for technology product and delivery teams.
Maintain end-to-end requirements traceability from business need through design development testing and UAT.
Act as the primary liaison between underwriting teams and IT/delivery teams to ensure alignment throughout the delivery lifecycle.
Support solution design reviews and validate that proposed solutions meet documented underwriting requirements.
Participate in UAT planning and execution validating solutions against underwriting expectations.
Identify process gaps inefficiencies and opportunities for workflow optimization and automation within underwriting operations.
Manage requirement changes assess downstream impacts and communicate updates clearly to all stakeholders.

Basic Qualifications:

Minimum 5 years of experience as a Business Analyst preferably within insurance or financial services.
Minimum 3 years of hands-on experience supporting Commercial Underwriting teams.
Proven experience authoring detailed Business Requirements Documents (BRDs) for complex underwriting or system transformation initiatives.
Strong understanding of Commercial Lines underwriting including:
Risk assessment and appetite
Rating and pricing concepts
Underwriting rules and decision frameworks
Experience working on underwriting system implementations or modernization programs.
Strong ability to translate underwriting language into structured technical and functional requirements.
Excellent written verbal and stakeholder facilitation skills.
Ability to work independently and directly with underwriting stakeholders.
Travel
Minimal to moderate travel may be required based on project needs.

Educational Qualification:

Bachelors degree in Business Finance Information Systems or equivalent professional experience.

Nice to Have:

Experience working with underwriting platforms or PAS solutions such as Federato Duck Creek or similar systems.
Experience working in Agile and/or Waterfall delivery environments.
Business Analysis certifications such as CBAP CCBA or equivalent.
Exposure to underwriting transformation workflow automation or digital modernization initiatives.

Role: Business Analyst (Commercial Underwriting) Location: Jersey City NJ (Hybrid) Type: Contract Description: We are seeking a Specialty Lines Business Analyst with 5 years of experience and strong Commercial Underwriting domain expertise to work closely with underwriting teams. This role is resp...