Job Description
This contract Business Analyst supports a finance and billing transformation for Alternative Risk Transfer (ART) at a North America commercial P&C insurer. The role converts complex program structures (captives/fronting, large deductible/SIR, collateralized programs, structured reinsurance) into system-ready requirements and future-state, finance-aligned billing, settlement, and collateral workflows—partnering with Finance, Claims, Treasury, Reinsurance, Operations, Underwriting, and IT through delivery, testing, and adoption.
• Elicit, analyze, and document requirements; translate business rules into clear, testable user stories/criteria.
• Map current vs. future processes; create and maintain process maps/workflows and documentation.
• Document end-to-end ART financial flows (premium/fees, deductible/SIR reimbursements, collateral true-ups, captive/reinsurance settlements) and translate them into automated, finance-aligned billing and settlement requirements.
• Define billing and settlement scenarios (installments, audits/adjustments, per-loss/aggregate deductibles, fronting fees, ceded premium/recoverables).
• Define collateral rules and governance (initial, top-ups, releases, renewals); support aggregate exhaustion tracking and trigger design (claims-, valuation-, or schedule-driven).
• Define critical data elements; support data mapping, reconciliation, and integrations across core platforms (e.g., Guidewire Billing Center, SAP S/4HANA, Kyriba).
• Serve as business–IT liaison; lead workshops/status meetings and prepare stakeholder materials.
• Support design and delivery: build test scenarios, support UAT, manage defects, and ensure scalability, usability, compliance, and security.
• Execute change management (training, end-user support, transition planning) and monitor post-go-live performance.
• Provide delivery support (tracking, risk/issue management) and contribute to RFPs/vendor evaluation as needed.
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/.
Required Skills & Experience
• 5–10+ years’ Business Analyst experience; commercial P&C insurance preferred (complex/specialty programs a plus).
• Experience delivering implementations and process improvements across the SDLC (Agile/Waterfall), including testing/UAT and change enablement.
• Strong understanding of ART program structures and finance operations (billing, settlement, collateral, deductibles/SIR, reinsurance/captive).
• Strong analytical and communication skills; able to manage stakeholders and work independently in a fast-paced environment.
• BA tools: Visio/Lucidchart for process mapping; Jira/Confluence for work tracking and documentation
Nice to Have Skills & Experience
• Hands-on experience with Guidewire Billing Center and/or SAP S/4HANA (FI-AR / FI-CA).
• Experience with treasury/liquidity concepts and tools (e.g., Kyriba) and collateral instruments (LOCs, trusts, funds withheld).
• Exposure to MGA/program business, delegated authority, bordereaux processing, and/or multinational program structures
• Knowledge of structured/multi-year reinsurance (e.g., aggregate stop-loss) and collateral optimization frameworks.
• Data analysis/reporting proficiency (Excel; Tableau/Power BI).
• Certifications: CBAP, PMP, Agile/Scrum.
Benefit packages for this role will start on the 1st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.