Business Analyst at Sapiens Americas Inc in Bethlehem, Pennsylvania

Job Description:

Title: Business Analyst

Location: Bethlehem, PA

Company Description:

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector. We offer integrated core software solutions and business services, and a full digital suite for the property and casualty/general insurance; life, pension, and annuities; and reinsurance markets. Sapiens also services the workers' compensation and financial and compliance markets.
Our portfolio includes policy administration, billing, and claims; underwriting, illustration and electronic application; reinsurance and decision management software. Sapiens' digital platform features customer and agent portals, and a business intelligence platform. With a 30-year track record of delivering to more than 500 organizations, Sapiens' team of over 3,400 operates through our fully-owned subsidiaries in North America, the United Kingdom, EMEA, and Asia Pacific.

For more information: www.sapiens.com .

Position Summary

The Business Analyst operates under limited supervision, conducts business process analysis, needs assessments, and preliminary cost/benefits analysis to align technology solutions with business initiatives. Develops business specifications for technical personnel. Conducts analysis of business goals, objectives, and needs of the business environment. Makes recommendations to improve business processes. Utilize systems and data to resolve business issues in the most effective manner. May provide financial or operational business analysis and research to support business goals.

The Business Analyst is accountable for understanding the business environment and processes to be able to derive practical business-system solutions as related to the specific goals of the project. The Business Analyst must ensure that all aspects of the business need or problem are correctly reflected in the solution developed by the solutions team. The development and quality assurance teams will rely on the judgment and expertise of the Business Analyst for all business process-related questions arising from the development work and subsequent testing.

Essential Functions/Responsibilities

• Uses sound judgment and experience to solve moderately complex business process problems or to propose solutions for these problems to management and to clients
• Applies Insurance industry knowledge and expertise with an emphasis on Billing and Collections to guide client in business and process decisions
• Leads business process analysis, needs assessments, and preliminary cost/benefits analysis to align IT solutions with business initiatives
• Plans, schedules, and leads collaborative requirements elaboration sessions with the client's business users
• Defines and documents clear and concise business requirements that describe business scenarios and processes in a language understandable to both technical and domain stakeholders
• Captures business requirements using Change Requests, Storyboarding, etc
• Tracks project scope through careful requirements management
• Works with development and quality assurance teams to schedule requirement reviews.
• Provides input to and review of estimates at each phase of a project
• Produces output documentation and provides guidance to users as appropriate
• Works as the liaison between client stakeholders, project team members, software engineers, and quality assurance personnel
• Identifies gaps, project and service opportunities, and future enhancements to strengthen our industry presence, meet client needs and seek revenue opportunities
• Facilitates or participates in periodic sales support: demonstrations, gap analysis studies
• Perform other duties as required.

Requirements:

• 5+ years of experience in Insurance billing
• In-depth understanding of the foundations of P&C insurance
• Understanding of Account Receivable, Account Payable, and General Ledger systems.
• Strong communication skills - ability to clearly articulate requirements; excellent interpersonal, verbal, written and presentation skills
• Proficiency with Microsoft Office products (Word, Excel, MS, Project, Visio)
• Strong hands-on approach, analytical and problem-solving skills
• Ability to travel as dictated by business needs.

Sapiens is an E-Verified & Equal Opportunity/Affirmative Action Employer, M/F/D/V.

Nearest Major Market: Allentown