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Associate Business Analyst at Ascot Group
Associate Business Analyst
@
Ascot Group

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Posted on: 
October 8, 2024
Views count:
71
Status: 
Expired

Summary of the Associate Business Analyst job at Ascot Group

Ascot Group is hiring a Associate Business Analyst with 0 - 3 years of experience. Based in United States - New York, NY and with Hybrid ways of working. The expected salary range for this role is $60,000 - $70,000
About Ascot Group

Ascot Group is a global specialty insurance and reinsurance group with a record of underwriting excellence and superior claims service. Founded in 2001, Ascot provides a broad range of property and casualty products to customers worldwide through its Lloyd’s and Bermuda market platforms. In the United States, Ascot provides specialized insurance products to small and mid-sized business as well as offering underwriting services to high-quality carrier and syndicate partners through its MGU, Ethos Specialty.

Ascot Group is owned by CPP Investments, a global investment management organization that invests the assets of the Canada Pension Plan. CPP Investments is the largest pension plan in Canada with over C$500 billion in invested assets, representing the retirement contributions of over 20 million Canadians. CPP Investments is rated ‘AAA’ by S&P and Moody’s.

Associate Business Analyst - Job Role & Responsibilities

As an Associate Business Analyst, you will play a crucial role in supporting our business operations by analyzing data, identifying trends, and assisting in the development of strategies to improve efficiency and drive growth. The ideal candidate will support the operational excellence for the Portfolio Solutions Group (PSG) and establishing relationships with internal business partners. This is an excellent opportunity for a recent graduate or an early-career professional to gain hands-on experience in the field of business analyst within a specialty risk organization .

Responsibilities

  • Handle large bordereau uploads (in certain cases 10K+ entries) received from MGA partners, including validating accuracy, and proactively resolve any data issues.
  • Process all Facultative reinsurance certificates in the Policy Admin system.
  • Work with functional areas to evaluate data requirements and ensure data requirements are appropriately captured
  • Collaborate with cross-functional teams to gather and document business requirements.
  • Analyze data sets to identify trends, patterns, and insights to inform decision-making.
  • Assist in the creation of reports and dashboards to track key performance indicators (KPIs).
  • Participate in process mapping and improvement initiatives.
  • Support the development and implementation of business solutions.
  • Help prepare presentations and communicate findings to stakeholders.
  • Maintain documentation of business processes and technical specifications.
  • Actively collaborate with project management to coordinate project activities, ensuring dependencies are identified and all stakeholders are engaged and assisted
  • Assist in all phases of IT projects; help ensure business implications of proposed solutions are fully vetted
  • Demonstrates a strong commitment to continuous learning by actively seeking opportunities to shadow experienced colleagues and participate in training sessions to enhance skills and knowledge in business analysis
Associate Business Analyst - Job requirements

Minimum Requirements

  • Bachelor’s degree in business administration, Finance, IT or related field
  • 1-3 years’ experience in business analysis, data analysis or related role is preferred but not required.
  • Prior insurance experience is preferred (internships and academic projects are acceptable)
  • Strong analytical skills with a detail-oriented mindset.
  • Proficiency in Microsoft Excel, PowerPoint, and data visualization tools (e.g., Tableau, Power BI) is a plus.
  • Excellent written and verbal communication skills.
  • Ability to work collaboratively in a team environment.
  • Basic understanding of business processes and project management principles is desirable.
  • Strong presentation skills (in person and virtual), and collaboration.
  • Takes initiative, is resilient, and quickly adapts to new and evolving situations.
  • This position may be filled at a different level, depending on experience***
What we offer at Ascot Group

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, long-term incentives, and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: In New York - $60,000 - $70,000

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

Retirement Benefits: Contributory Savings Plan (401k)

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Ascot Group

Ascot Group

is hiring

Associate Business Analyst

Website:
Posted on: 
October 21, 2024

About Our Company

Ascot Group is a global specialty insurance and reinsurance group with a record of underwriting excellence and superior claims service. Founded in 2001, Ascot provides a broad range of property and casualty products to customers worldwide through its Lloyd’s and Bermuda market platforms. In the United States, Ascot provides specialized insurance products to small and mid-sized business as well as offering underwriting services to high-quality carrier and syndicate partners through its MGU, Ethos Specialty.

Ascot Group is owned by CPP Investments, a global investment management organization that invests the assets of the Canada Pension Plan. CPP Investments is the largest pension plan in Canada with over C$500 billion in invested assets, representing the retirement contributions of over 20 million Canadians. CPP Investments is rated ‘AAA’ by S&P and Moody’s.

Job Description & Responsibilities

As an Associate Business Analyst, you will play a crucial role in supporting our business operations by analyzing data, identifying trends, and assisting in the development of strategies to improve efficiency and drive growth. The ideal candidate will support the operational excellence for the Portfolio Solutions Group (PSG) and establishing relationships with internal business partners. This is an excellent opportunity for a recent graduate or an early-career professional to gain hands-on experience in the field of business analyst within a specialty risk organization .

Responsibilities

  • Handle large bordereau uploads (in certain cases 10K+ entries) received from MGA partners, including validating accuracy, and proactively resolve any data issues.
  • Process all Facultative reinsurance certificates in the Policy Admin system.
  • Work with functional areas to evaluate data requirements and ensure data requirements are appropriately captured
  • Collaborate with cross-functional teams to gather and document business requirements.
  • Analyze data sets to identify trends, patterns, and insights to inform decision-making.
  • Assist in the creation of reports and dashboards to track key performance indicators (KPIs).
  • Participate in process mapping and improvement initiatives.
  • Support the development and implementation of business solutions.
  • Help prepare presentations and communicate findings to stakeholders.
  • Maintain documentation of business processes and technical specifications.
  • Actively collaborate with project management to coordinate project activities, ensuring dependencies are identified and all stakeholders are engaged and assisted
  • Assist in all phases of IT projects; help ensure business implications of proposed solutions are fully vetted
  • Demonstrates a strong commitment to continuous learning by actively seeking opportunities to shadow experienced colleagues and participate in training sessions to enhance skills and knowledge in business analysis

Requirements

Minimum Requirements

  • Bachelor’s degree in business administration, Finance, IT or related field
  • 1-3 years’ experience in business analysis, data analysis or related role is preferred but not required.
  • Prior insurance experience is preferred (internships and academic projects are acceptable)
  • Strong analytical skills with a detail-oriented mindset.
  • Proficiency in Microsoft Excel, PowerPoint, and data visualization tools (e.g., Tableau, Power BI) is a plus.
  • Excellent written and verbal communication skills.
  • Ability to work collaboratively in a team environment.
  • Basic understanding of business processes and project management principles is desirable.
  • Strong presentation skills (in person and virtual), and collaboration.
  • Takes initiative, is resilient, and quickly adapts to new and evolving situations.
  • This position may be filled at a different level, depending on experience***

What we offer

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, long-term incentives, and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: In New York - $60,000 - $70,000

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

Retirement Benefits: Contributory Savings Plan (401k)

Apply now
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