Business Systems Analyst

About Integrated Specialty Coverages

Integrated Specialty Coverages, LLC (ISC) is a growth stage technology and data-driven commercial insurance wholesaler leading innovation in the market.  

Backed by one of the leading private equity firms, KKR, and led by a forward-thinking management team, ISC is combining the worlds of insurance and technology to create an Insurtech powerhouse. As a leading online distributor of insurance products for a range of industries and “Main Street USA”, we are looking for the right people to help us in our mission of achieving exponential growth. We strive to be the number one place to go for brokers and agents to source insurance. To accomplish this, we’re building a digitally focused team that deeply understands the intersection between user experience, data, and AI/ML to optimize the way we engage with our customers and partners.

 

Job Summary

We are seeking an experienced Insurance Business Analyst to play a pivotal role in enhancing our various Insurance Program technology platform and operational workflows. The ideal candidate will contribute to program development requirements, overseeing the configuration of rate/quote/bind/issuance systems, and fortifying support processes for individual policy transactions. Additionally, this role will encompass responsibilities typical of a Business Analyst within an insurance setting. This is an exciting opportunity for a dynamic individual who excels in both insurance operations and information systems management and is eager to drive impactful change within the insurance industry. 

Position Responsibilities

• Collaborate with IT teams and business unit stakeholders to create detailed system and workflow requirements and propose efficient solutions in line with insurance industry standards.
• Design, implement, and maintain configurable information systems, ensuring data integrity, security, and compliance with regulatory standards where applicable.
• Manage and troubleshoot system-related issues, offering technical support to users, and overseeing system upgrades or modifications to optimize performance.
• Conduct regular audits and assessments of information systems to identify vulnerabilities and implement appropriate security measures.
• Collaborate with Program Managers and underwriters evolve and maintain the rate, quote, bind, and policy issuance systems for both existing and prospective programs.
• Facilitate a seamless transition of programs from acquired companies by collaborating with technical and underwriting teams to integrate them into the ISC platform.
• Provide Project management, tracking, and business updates around key projects
• Lead and manage on and offshore support resources, augmenting procedures for pre & post-bind activities, encompassing:
  • Endorsements processing
  • Policy/invoice validation
  • Ensuring audit file completeness
  • Collaboration with the accounting department on Premium Finance/Accounts Payable processes
  • Bordereau delivery and automation
  • Overseeing inspections
  • Managing surplus lines filing (collaborating with vendors) 

Minimum Qualifications

• Minimum of 5-years of hands-on experience in commercial lines underwriting or operations
• Proficiency in configuring and updating insurance policy administration systems, preferably with MGA Systems experience but not required (minimum 5 years)
• Proficient in MS Office, particularly MS Excel
• Entrepreneurial mindset with the ability to independently drive projects and tasks
• Demonstrated experience in managing teams effectively
• Expertise in information systems design, implementation, security, and troubleshooting within the insurance industry
• Ability to handle multiplate tasks and provide project management capabilities 

 

The starting annual pay scale for this position is listed below. Actual starting pay will be based on factors such as skills, qualifications, training, and experience. In addition, the company offers comprehensive benefits including medical, dental and vision insurance, 401(k) plan with match, paid time off, and other benefits.

ISC's salary ranges are determined by role and level. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations and could be higher or lower based on a multitude of factors, including job-related skills, experience, and relevant education or training.

National Pay Range$75,975—$116,236 USD