Job Requisition ID: [[id]]Location Designation: [[custrolelocationdesignation]]Role Overview:The PX team has embarked on an exciting journey to transform the end-to-end purchase experience, encompassing all products, including life insurance, annuities, long-term care insurance, disability insurance, business solutions and wealth management. A key strategic initiative within the PX portfolio is the development of a Universal Purchase Experience, which will leverage data, simplified questions, intuitive design principles, and transparency to deliver a differentiating experience at the time of new-business intake and enable holistic advice and guidance via multi-product sales.In this pivotal role, you will collaborate closely with cross-functional teams, including IT, Product Owners, Underwriting, and external implementation partners, to ensure the successful delivery this key project. We are seeking a highly analytical and detail-oriented Business Analyst with deep expertise in life insurance products and operations, capable of effectively gathering, assessing, and documenting complex business requirements. Experience in system integration, process optimization, and driving seamless project execution is critical to the success of this initiative.As a key contributor to our innovation roadmap, the Business Analyst will play an instrumental role in delivering this high-impact, multi-million-dollar project. We are looking for a highly organized problem solver with an ability to work collaboratively with cross-functional teams to deliver complex, large-scale solutions. The ideal candidate will have at least five years of business analysis or equivalent experience, with strong expertise in software implementation within a fast-paced, matrixed organization. If you succeed in a dynamic environments and are ready to take on a ambitious and rewarding role, we encourage you to apply.What You'll Do:
Collaborate with stakeholders to elicit, define, and document business requirement
Write clear and concise requirements ensuring that requirement statements are complete, consistent, concise, feasible, unambiguous, traceable, and verifiable
Develop user stories, use cases, and process flow diagrams to communicate requirements effectively
Ensure requirements are fully understood by configuration, development, integration and testing teams to efficiently implement new features and enhancements
Support architects, designers and technical leads to design best practice solutions that satisfy business requirements
Requires understanding of data flow, system dependencies and interactions
Verify that the solution meets the business, compliance, and technical requirements
Assist the business and technology teams to ensure key deliverables are met in an accurate timely manner
Assist Product Owners to define acceptance criteria for key features of new technology
Partner with QA/UAT to design optimal test coverage based on acceptance criteria, business impact of defects, and technical risk for defects
Build trusted relationships between product owners and various solution delivery teams. Requires working across multiple NYL teams and vendors to ensure business functionality is understood and properly prioritized
What You'll Bring:
5-7 years of experience
5+ years of software implementation and business analysis, product management or consulting experiences
Prior experience working in the Life Insurance Industry is a plus
Demonstrated ability to identify, define and understand a problem, have knowledge of root cause analysis, and research effective solutions for the customer
Strong analytical, written, verbal and communication skills with the demonstrated ability to work with all levels within the organization
Must be very organized and have excellent follow-up skills
Must be team oriented in interacting with a diverse group
A proactive self-starter with the ability to work independently with minimal supervision
Strong attention to accuracy and detail
Handles multiple contesting priorities in a fast-paced, deadline-driven environment
Agile experience and experience with agile development tools such as JIRA
Pay TransparencySalary Range: [[custsalaryRangePosting]]Overtime eligible: [[customString6]]Discretionary bonus eligible: [[custmerit]]Sales bonus eligible: [[stockPackage]]Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.Our BenefitsWe provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click here (https://performancemanager8.successfactors.com/doc/custom/NYLPRD/63380524%20HR%20Talent%20Acquisition%20Employee%20Benefits%20PDFNYLFINAL.pdf) to discover more about our comprehensive benefit options or visit ourNYL Benefits Site (https://nylbenefits.com/) .Our Diversity PromiseWe believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture.Click here (https://www.newyorklife.com/newsroom/diversity-and-inclusion-awards) to learn more about how we have been recognized for our leadership.Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation (http://www.newyorklife.com/foundation) . We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit theCareers (https://www.newyorklife.com/about/careers/) page of www.NewYorkLife.com .
