Business Systems Analyst - Reinsurance Operations

Job Family

IT - Business Analysis

About Us 

 

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.  

 

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there. 

    

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information,  visit www.transamerica.com. 

 

Who We Are 

  

Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services. 

 

What We Do 

 

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology). 

Job Description Summary

Provide business analysis support for client areas to identify business requirements for system solutions or business processes.

Job Description

Responsibilities:

• Assist in conducting business process analysis and needs assessments in an effort to align information technology solutions with business initiatives.

• Assist in the preparation of “as is” and “current state” documentation in written and/or graphical form (flows).

• Assist in Business Process Modeling to create models that reflect an intuitive, non-technical, system agnostic, model representing the Operations staff's perspective of how the business is conducted.

• Maintain a general understanding of the technology and architecture that support the division’s business processes.

• Assist in defining business and systems requirements through business requirements workshops, use case workshops and research and analysis.  This is combined with a general understanding of applicable business systems.

• Understand and communicate business unit requests and business requirements to project teams.

• Prepare documentation for business requirements.

• Assist in the preparation of documentation of desired system functionality by completing the appropriate Use Case documents.

• Problem Solving:  May work with Operations staff in creating alternatives and recommend solutions to meet the operational goals of a business area or to solve operational problems.

• Assist in conducting research and analysis to quantify business opportunities and assists in developing formal recommendations to management.

• May use project management skills and track the progress of a project.

• Develop and execute application test plans and document the results.

• Serve as a liaison to all business units and across divisions if necessary, when gathering requirements.

Qualifications:

• Associates or Bachelors degree, preferably in IT or a business area discipline (i.e. accounting, investments, or marketing) or equivalent education/experience required. 

• Up to 2 years experience in business analysis. 

• 1-2 years of industry experience also preferred.

Preferred Qualifications:

• Basic knowledge of insurance company operations , with reinsurance knowledge a plus.   

• Strong organizational and analytical skills with attention to detail. 

• Excellent written, verbal and prese