Arch Capital Group Ltd.

Business System Analyst (Bench)

Arch Capital Group Ltd.  •  Quezon City, PH (Onsite)  •  4 months ago
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Job Description

We are looking for a detail-oriented and analytical Business Systems Analyst (BSA) to support Third-Party Administrator (TPA) Transfers and Financial Reconciliation processes within our Claims Department. This role will be responsible for ensuring data accuracy, business rule alignment, and reporting integrity when claims are transferred from one TPA to another.

The ideal candidate will be skilled in data analysis, financial validation, business rules documentation, and effective cross-functional communication, with experience managing project deliverables, conducting UAT, and working with external TPAs.

Key Responsibilities:

  • Support the end-to-end process of TPA claim transfers, ensuring clean and accurate data integration into Arch’s systems.
  • Review and validate claim mappings, including Claim Numbers, Claimant Numbers, and other key identifiers, between old and new TPA systems.
  • Confirm consistency of critical operational fields such as Policy Number, Accident Date, Reported Date, and Loss Details, ensuring no unauthorized changes or inconsistencies exist in transferred data.
  • Conduct financial reconciliation by comparing financial amounts and balances between old and new TPAs, ensuring alignment with Arch’s reporting and operational requirements.
  • Define and document business rules and data mappings for reporting and reconciliation processes.
  • Perform detailed data analysis using Excel and basic SQL queries to validate and troubleshoot data discrepancies.
  • Create and maintain clear user stories, process documentation, and business requirements.
  • Collaborate with TPAs, business users, and technical teams to track issues, manage dependencies, and maintain project timelines.
  • Provide UAT planning, execution, and documentation support, and documenting reconciliation results.
  • Effectively communicate issues, risks, and status updates to stakeholders and leadership.

Qualifications

Required Skills & Experience:

  • Mid-Level to Senior Business Systems Analyst experience, preferably in insurance, claims processing, or financial reconciliation projects.
  • Strong Excel skills (pivot tables, lookups, formulas, data analysis).
  • Experience in defining business rules, data elements, and reporting requirements.
  • Basic SQL skills for data validation, querying, and troubleshooting.
  • Proven ability to manage project timelines, priorities, and stakeholder expectations.
  • Strong experience in stakeholder management and cross-functional collaboration.
  • Ability to review, validate, and reconcile data mappings and operational fields across systems.
  • Hands-on experience in UAT planning, execution, and documentation for system integrations or data migrations.
  • Excellent written and verbal communication skills.

Additional Information

  • Preferred Qualifications:

  • Experience working with Third-Party Administrators (TPAs) or insurance data systems.
  • Familiarity with Jira, Agile methodology, or other project management tools.
  • Background in claims data management, financial reconciliation, or data migration projects.
Arch Capital Group Ltd.

About Arch Capital Group Ltd.

Arch is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, with corporate headquarters in Bermuda.

Our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Since our formation in 2001, Arch has grown organically, by building capacity in diverse lines of insurance, and through targeted acquisitions of businesses that enhance our offerings and fit our culture.

We see our employees as our greatest asset and we’re deeply committed to doing what’s right for our people and the communities where we live and work. That’s why we offer what matters to our expanding, diversifying team — from a collaborative and creative environment, to professional growth opportunities and forums to advocate for one another and spark change.

As a corporation, we support initiatives to improve housing, education and equity around the world. At the same time, we encourage our employees to give to the causes that matter to them by providing Volunteer Time Off and Matching Gifts programs.

Whether you’re looking for an insurance solution, a place to grow your career or simply to better understand what we offer our shareholders, we’re glad you’re here.

ATTENTION JOB SEEKERS

Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.

If you receive a communication or email, please be vigilant to fraudulent activity asking you to submit any personal information. DO NOT send money or share any details with someone suggesting they can provide employment with Arch. Your information should only be entered into our official job portal.

Please know the following about our interviewing and hiring practices:

We never make job offers without a formal interview process. We never ask you to send money of any kind.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Bermuda (Pembroke, BM
Year Founded
Unknown
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