Technology Enablement EIM Solution - Business Analyst - Senior
Location:United States Job Number:UNI0000A Employee Status : Regular Job Type :Experienced Schedule : Full-time Description Ernst & Young's Financial Services Office (FSO) is a unique, industry-focused business unit that provides a broad range of integrated services that leverage deep industry experience with strong functional capability and product knowledge. The FSO's Insurance practice provides integrated Enterprise Incentive Management solutions for insurance institutions. The service offerings provided by the Insurance practice include: Distribution Management, Incentive Management, Commissions, Credential validation with full integration services. The Solutions team includes individuals who have deep industry, product and client knowledge. The FSO's Technology Enablement group works directly with clients to transform their business problems into technology solutions. The goal is to support our clients' efforts to make their Distribution Management business units more effective and efficient. Our experience is also important to the analysis of specific business requirements for alignment with technology architecture, technology infrastructure design, and vendor selection decisions that support the Distribution Management organizations of our clients. This position falls within the FSO's Technology Enablement Insurance solutions team, which helps our clients enhance the operating effectiveness of the Distribution Management and financial operations that support those functions. We do this by assisting them as they shift their emphasis from transaction-level control, processing and reporting to more customers centric, value driven, decision support and analytics. Responsibilities The candidate will lend specific subject matter knowledge to the business design and integration phase of each project, helping to give specificity to the appropriate business process and the transformation into the organizations business and technical environment. This will include advising clients on a variety of business process services that help identify, assess, manage and measure the organization's capabilities, and using business process, organizational and technology capabilities and knowledge across several of the following focus areas: Business Strategy (Vision, Mission, Guiding Principles) Distribution Management and the Enterprise Data Management/Reference Data Management License and Appointment Activities and Reporting Operations Agency Management and hierarchical structure and organizational reporting Fundamental understanding of Sarbanes Oxley requirements Understanding of applications that support the above mentioned activities Budgeting, Planning and Forecasting Operations/Technology Performance Management and Measurement (KPIs, business driver-based metrics) Statutory Reporting Systems Features/Functionality Enterprise Technology Expense Reduction In addition, the candidate will team with client technology professionals, and/or third-party strategic alliances to provide implementation of application solutions, as well as participate in all facets of the business requirement processes and reporting, and client relationship building. To qualify, candidates must have: A Bachelor's degree in computer science, engineering, accounting, finance or a related field (MBA or MS degree preferred) A minimum of Five (5) years of experience with an Insurance company or comparable Three (3) years experience working in Distribution Management. Demonstrate the ability to perform as a business analyst and advisor through all phases of the project life cycle, including requirements definition, process and prose creation, business re-engineering, application mapping. Strong written and verbal communication, presentation, client service and business writing skills, coupled with a strong interest in further designing, developing and integrating business operations with technology. Ability and comfort level researching client inquiries and emerging issues, including regulations, industry practices, and new application technologies Experience in any of the following areas: Definition of business and technical requirements Design of business and technology architecture Application selection and implementation support Business Data mapping and conversion Facilitation of a Proof of concept Business Quality assurance and testing Business and IT process reengineering Previous Project experiences in: Business transformation or Business Re-Engineering Management reporting enhancement Business intelligence/decision support Traded products/front/back office package implementation Enterprise business application integration Financial planning, budgeting and forecasting Reconciliation redesign or improvement Previous Application/Package experience in any of the following: Callidus Siebel Commissions Trilogy - Versata CSC Insurance Suite of products Oracle - Motiva Peoplesoft SAP Centive Synygy Willingness and ability to travel approximately 50%-70%The successful candidate should possess strong knowledge of and experience in executing all phases of a project life cycle, based on proven business management activities. It is essential that the successful candidate possess a deep knowledge of business within the Insurance sector and have a good understanding of applications that support this industry.
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