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Business Systems AnalystAcestack • Toronto, ON, Canada
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Business Systems Analyst

Business Systems Analyst

Acestack • Toronto, ON, Canada
1 day ago
Job type
  • Full-time
  • Quick Apply
Job description

Job Title: Business Systems Analyst

Primary Skills: Business Requirements Analysis, Annuity & Insurance Domain, SQL & Data Mapping

Location: Toronto, ON
Work Model: Hybrid

Job Summary

We are seeking an experienced Business Systems Analyst with strong expertise in the Financial Services and Insurance industry, particularly in Annuity products and retirement solutions.

The ideal candidate will act as a bridge between business and technology teams, gathering and translating business requirements into functional specifications and effective system solutions. The candidate should have strong experience in business and systems analysis, data mapping, integration, and testing activities, along with a solid understanding of annuity product administration and servicing processes.

Key Responsibilities

  • Gather, analyze, and document business requirements from business stakeholders.

  • Conduct business process analysis and systems assessments to identify gaps and improvement opportunities.

  • Create and maintain Business Requirements Documents (BRDs), user stories, and functional specifications.

  • Support annuity product administration, policy servicing, and retirement solution processes.

  • Perform data mapping, data analysis, and system integration assessments.

  • Collaborate with development, QA, and business teams to ensure requirements are accurately implemented.

  • Facilitate and coordinate System Integration Testing (SIT) and User Acceptance Testing (UAT).

  • Develop test scenarios, review test cases, track defects, and support issue resolution.

  • Work with Agile teams to manage requirements, backlogs, and delivery priorities.

  • Ensure solutions align with business needs, regulatory requirements, and operational processes.

Required Qualifications

  • Bachelor's degree in Business, Finance, Information Technology, or a related field.

  • 8+ years of experience working as a Business Systems Analyst.

  • 3+ years of experience in the Financial Services or Insurance industry.

  • Strong understanding of annuity products, retirement solutions, and insurance processes.

  • Experience working with Agile methodologies and cross-functional delivery teams.

  • Excellent analytical, problem-solving, documentation, and communication skills.

Required Technical Skills

  • Requirements Analysis and Business Process Modeling.

  • SQL and Data Analysis.

  • Data Mapping and Data Integration.

  • API Integration.

  • Azure DevOps and Jira.

  • Business Requirements Documentation (BRD).

  • User Stories and Functional Specifications.

  • SIT and UAT Coordination.

  • Stakeholder Management.

Preferred Qualifications

  • CBAP or CCBA certification.

  • Experience with insurance policy administration systems.

  • Knowledge of insurance regulations and regulatory compliance.

  • Exposure to cloud platforms and enterprise application environments.

  • Experience supporting annuity administration and retirement product modernization initiatives.

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Business Systems Analyst • Toronto, ON, Canada