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 Business Analyst at ISC
Business Analyst
@
ISC

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Posted on: 
October 11, 2024
Views count:
57
Status: 
Expired

Summary of the Business Analyst job at ISC

ISC is hiring a Business Analyst with 3 - 5 years of experience. Based in United States - Remote and with Remote ways of working. The expected salary range for this role is $82,000 - $91,000
About ISC

Integrated Specialty Coverages (ISC) is a World-Class Program Administrator dedicated to underwriting excellence, client service, and customer experience.

As an innovative industry leader, ISC has built an end-to-end insurance platform by connecting a broad network of insurance markets and distribution channels. ISC uses sophisticated systems and analytics to revolutionize how complete programs are underwritten and operated.

With their most recent strategic partnerships, ISC has expanded their programs from commercial property and hospitality including bars, taverns and nightlife to now offer long-haul trucking and a wide variety of contractor's coverages including, general liability and workers' compensation.

Business Analyst - Job Role & Responsibilities

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.

Key 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 to 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)
Business Analyst - Job requirements

Required Skills

  • Bachelor's Degree
  • 2-4 years of Business Analyst experience
  • 2+ years 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 2 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
What we offer at ISC

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

$82,000 - $91,000 USD

Benefits Of Working At ISC

  • Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows
  • Professional development opportunities
  • Owner Referral Program
  • Work from home reimbursement for remote/hybrid roles
  • Burnalong digital health and wellness platform
  • Canary emergency financial assistance program
  • Comprehensive medical, dental, vision
  • Life/AD&D Insurance
  • Confidential, Employee Assistance Program
  • Health Savings Account, includes company contribution
  • Short-term disability
  • Voluntary benefits - supplemental accident, critical illness, hospital insurance
  • Employee discounts
  • 401(k) Plan with company match contribution
  • Various Time Off Programs
  • 11 company paid holidays

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What about the salary?

Average business analyst salary in the Insurance industry is $92,996.
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ISC

ISC

is hiring

Business Analyst

Website:
Posted on: 
October 30, 2024

About Our Company

Integrated Specialty Coverages (ISC) is a World-Class Program Administrator dedicated to underwriting excellence, client service, and customer experience.

As an innovative industry leader, ISC has built an end-to-end insurance platform by connecting a broad network of insurance markets and distribution channels. ISC uses sophisticated systems and analytics to revolutionize how complete programs are underwritten and operated.

With their most recent strategic partnerships, ISC has expanded their programs from commercial property and hospitality including bars, taverns and nightlife to now offer long-haul trucking and a wide variety of contractor's coverages including, general liability and workers' compensation.

Job Description & Responsibilities

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.

Key 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 to 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)

Requirements

Required Skills

  • Bachelor's Degree
  • 2-4 years of Business Analyst experience
  • 2+ years 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 2 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

What we offer

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

$82,000 - $91,000 USD

Benefits Of Working At ISC

  • Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows
  • Professional development opportunities
  • Owner Referral Program
  • Work from home reimbursement for remote/hybrid roles
  • Burnalong digital health and wellness platform
  • Canary emergency financial assistance program
  • Comprehensive medical, dental, vision
  • Life/AD&D Insurance
  • Confidential, Employee Assistance Program
  • Health Savings Account, includes company contribution
  • Short-term disability
  • Voluntary benefits - supplemental accident, critical illness, hospital insurance
  • Employee discounts
  • 401(k) Plan with company match contribution
  • Various Time Off Programs
  • 11 company paid holidays
Apply now
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