Principal Business Analyst [Remote-US]

About Us

The role 

The Insurance Product & Consulting Team provides P&C insurance business analysis experience and consulting services to Quanata and HiRoad.

• Elicits, analyzes, and documents business requirements for auto, renters and other P&C personal and commercial lines of business 
• Collaborates and consults with other business areas to provide insight and support for insurance business topics and questions 
• May work as part of a portfolio/product  team to support agile development 
• Works cross-functionally within enterprise on projects, committees, and task forces
• Works in an environment that values the ability to be collaborative, independent, assertive and proactive  
• Provide Insurance Product, Claims, and/or process knowledge to support design, development, testing and execution of solutions
• May conduct or utilize research methodology and data analysis to inform product decisions, including industry and competitive analysis

Your day-to-day 

1. Serves as a lead BA in the Insurance Product & Consulting Team in assigned domain/product area(s)
2. Translates stakeholder inputs into meaningful business requirements and rules, and then into acceptance criteria that the scrum teams can deliver against.
3. Demonstrates advanced knowledge of Insurance product features, dependencies, operations processes and the regulatory environment to elicit and/or define and document requirements for product features. 
4. Works in collaboration with Insurance Product & Consulting leadership and key stakeholders to understand, analyze, and communicate product vision and requirements; uses outcomes as measures of success and value delivery. 
5. Collaborates with Product, other BAs, DEV, and vendors (if applicable) to provide a delivery estimate and gain team commitment. 
6. Create and maintain detailed documentation on products and processes using a wide variety of technical tools that are constantly evolving
7. Based on assignment, requires the ability to learn, understand and apply in-depth Insurance knowledge to implement and support solutions and vendor integrations, including but not limited to: data analysis, test life cycle, process mapping and operational workflows, vendor relationships and all related dependencies including legal review.

Note: This role assumes continued demonstration of the skills and competencies of the Senior Business Analyst and Business Analyst roles. 

If assigned “Policy Forms” responsibilities: 

• May participate in determining strategic direction on potential policy language changes to align with the goals of the enterprise
• Provides insights and guidance in determining how policy language changes will affect other operational areas of the enterprise
• May be delegated the responsibility for submitting filings to regulatory authorities
• May coordinate responses to Department of Insurance inquiries regarding newly-submitted coverage form filings, Market Conduct Exams, and Requests for Assistance from Litigation Support
• May draft policy language 
• May coordinate, oversee, or perform the development and creation of new or updated policy form templates in communication software (e.g. SmartComm). 

About you

• Bachelor's degree in Technology, Engineering, Business/Economics, Mathematics or similar fields, or equivalent relevant experience and;
• Typically requires  10 - 12 years of prior relevant experience to include 5+ years experience in the US P&C Insurance Industry and demonstrated capability to perform the responsibilities of the role at a principal level
• Knowledge of Policy Administration Systems, e.g. Guidewire, Duck Creek, EIS or similar.
• Solutions focused and an effective problem solver
• Ability to work effectively with a high degree of independence and flexibility
• Detail oriented and highly organized 
• Ability to build relationships and influence others across various levels of the organization
• Clear communicator who can have effective crucial conversations when warranted
• Proven experience documenting business requirements and rules

Bonus points

• Operations (underwriting or claims) background and proven experience documenting business requirements and rules as an analyst
• CPCU or related industry designation

Salary: $211,000 to $246,000*

*Please note that the final salary offered will be determined based on the selected candidate's skills, and experience, as well as the internal salary structure at Quanata. Our aim is to offer a competitive and equitable compensation package that reflects the candidate's expertise and contributions to our organization.

Additional Details: 

• Benefits: We provide a wide variety of health, wellness and other benefits.These include medical, dental, vision, life insurance and supplemental income plans for you and your dependents, a Headspace app subscription, monthly wellness allowance and a 401(k) Plan with a company match.
• Work from Home Equipment: Given our virtual environment— in order to set you up for success at home, a one-time payment of $2K will be provided to cover the purchase of in-home office equipment and furniture at your discretion. Also, our teams work with MacBook Pros, which we will deliver to you fully provisioned prior to your first day.
• Paid Time Off: All employees accrue four weeks of PTO in their first year of employment.  New parents receive twelve weeks of fully paid parental leave which may be taken within one year after the birth and/or adoption of a child. The twelve weeks is applicable to both birthing and non-birthing parent.
• Personal and Professional Development: We’re committed to investing in and helping our people grow personally and professionally.  All employees receive up to $5000 each year for professional learning, continuing education and career development.  All team members also receive LinkedIn Learning subscriptions and access to multiple different coaching opportunities through BetterUp.
• Location: We are a remote-first company for most positions so you may work from anywhere you like in the U.S, excluding U.S. territories. For most positions, occasional travel may be requested or encouraged but is not required. Some positions might require travel per the job description provided to the employee. Employees based in the San Francisco Bay Area or in Providence, Rhode Island may commute to one of our local offices as desired.  
• Hours: We maintain core meeting hours from 9AM - 2PM Pacific time for collaborating with team members across all time zones.