Position Description
Join our team as an Experienced Life/Annuity Business Analyst and work on impactful projects across diverse insurance value streams, including New Business Intake, Underwriting, and Claims. Benefit from a collaborative environment with exposure to various insurance products and advanced process modeling tools. Enjoy a flexible work arrangement and a supportive culture that values your contributions and fosters professional growth
Our role can be performed from NYC, NY; Hartford, CT; New Brunswick, NJ; Cary, NC; or Plymouth Meeting, PA. in a Hybrid Model.
Your future duties and responsibilities
As an Experienced Life/Annuity Business Analyst, your future duties and responsibilities will include:
- Analyzing and Improving Life Insurance Processes: Lead the assessment and enhancement of key value stream areas such as New Business Intake, Underwriting, In-force Servicing, Claims, Billing & Payments, and Producer Management, ensuring efficient and effective operations.
- Developing and Implementing Solutions: Utilize your expertise in process modeling and rationalization to design and implement improvements across diverse Life/Annuity products, working with various carriers and coordinating across operations and IT areas.
- Collaborating with Stakeholders: Facilitate sessions, workshops, and interviews with key business stakeholders, including C-level executives, to gather requirements, prioritize needs, and present findings and recommendations through comprehensive reports and presentations.
Required Qualifications To Be Successful In This Role
- At least 5 years of experience as a Business Analyst with a focus on US Life/Annuity projects.
- Demonstrated expertise in key Life Insurance value streams including New Business Intake, Underwriting, In-force Servicing (both non-financial and financial changes), Claims, Billing & Payments, and Producer Management.
- Proven experience with a diverse range of Life/Annuity products, including at least three of the following: Traditional Term Life, Whole Life (Universal, Variable, Indexed), and Annuities (Fixed, Variable, Structured Settlements).
Technical Skills:
- Proficiency in process modeling using Business Process Modeling (BPM) tools and general tools such as Visio.
- Strong ability to conduct process rationalization and consolidation.
- Expertise in applying consulting techniques such as facilitation sessions, prioritization workshops, individual and group interviews, and time/motion studies.
- Skilled in synthesizing information into clear, actionable reports and presentations using Microsoft Word and PowerPoint.
Additional Experience:
- Experience working with multiple Life/Annuity carriers.
- Ability to collaborate effectively across operations and IT areas.
- Proven track record of working directly with key business stakeholders, including C-level executives.
- Some experience in organizational assessment or design is desirable.
Desired qualifications/non-essential skills:
- 5+ years of Process Rationalization and Consolidation
- 5+ years of Report and Presentation Creation
- 5+ years of Experience with Multiple Life/Annuity Carriers
- 5+ years of Collaboration Across Operations and IT
Education: University bachelor's degree in business administration or related field.
CGI is required by law in some jurisdictions to include a reasonable estimate of the compensation range for this role. The determination of this range includes various factors not limited to skill set, level, experience, relevant training, and licensure and certifications. To support the ability to reward for merit-based performance, CGI typically does not hire individuals at or near the top of the range for their role. Compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range for this role in the U.S. is $76,300 - 160,200.
At CGI we call our professionals “members” to reinforce that all who join our team are, as owners, empowered to participate in the challenges and rewards that come from building a world-class company. CGI’s benefits include:
- Competitive base salaries
- Eligibility to participate in an attractive Share Purchase Plan (SPP) in which the company matches dollar-for-dollar contributions made by eligible employees, up to a maximum, for their job category
- 401(k) Plan and Profit Participation for eligible members
- Generous holidays, vacation, and sick leave plans
- Comprehensive insurance plans that include, among other benefits, medical, dental, vision, life, disability, out-of-county emergency coverage in all countries of employment;
- Back-up child care, Pet insurance, a Member Assistance Program, a 529 college savings program, a personal financial management tool, lifestyle management programs and more
Together, as owners, let’s turn meaningful insights into action.
Life at CGI is rooted in ownership, teamwork, respect and belonging. Here, you’ll reach your full potential because…
You are invited to be an owner from day 1 as we work together to bring our Dream to life. That’s why we call ourselves CGI Partners rather than employees. We benefit from our collective success and actively shape our company’s strategy and direction.
Your work creates value. You’ll develop innovative solutions and build relationships with teammates and clients while accessing global capabilities to scale your ideas, embrace new opportunities, and benefit from expansive industry and technology expertise.
You’ll shape your career by joining a company built to grow and last. You’ll be supported by leaders who care about your health and well-being and provide you with opportunities to deepen your skills and broaden your horizons.
Come join our team—one of the largest IT and business consulting services firms in the world.
Qualified applicants will receive consideration for employment without regard to their race, ethnicity, ancestry, color, sex, religion, creed, age, national origin, citizenship status, disability, pregnancy, medical condition, military and veteran status, marital status, sexual orientation or perceived sexual orientation, gender, gender identity, and gender expression, familial status, political affiliation, genetic information, height, weight, or any other legally protected status or characteristics.
CGI provides reasonable accommodations to qualified individuals with disabilities. If you need an accommodation to apply for a job in the U.S., please email the CGI U.S. Employment Compliance mailbox at US_Employment_Compliance@cgi.com. You will need to reference the Position ID of the position in which you are interested. Your message will be routed to the appropriate recruiter who will assist you.
Please note, this email address is only to be used for those individuals who need an accommodation to apply for a job. Emails for any other reason or those that do not include a Position ID will not be returned.
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All CGI offers of employment in the U.S. are contingent upon the ability to successfully complete a background investigation. Background investigation components can vary dependent upon specific assignment and/or level of US government security clearance held. Dependent upon role and/or federal government security clearance requirements, and in accordance with applicable laws, some background investigations may include a credit check. CGI will consider for employment qualified applicants with arrests and conviction records in accordance with all local regulations and ordinances.
CGI will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with CGI’s legal duty to furnish information.
