Title:
Product Business Analysis
Company:
Everest Advisors (Uk), Ltd.
Job Category:
Operations
About Everest:
Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, Latin America and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.
About the Role:
The Product Business Analyst will be responsible for leading activities related to understanding, defining, and gathering insurance product and process requirements from various stakeholders, including Product Management, Underwriting, Actuarial, Operations, and Compliance. This role involves producing clear and concise product specifications in accordance with Business Architecture standards. The Product Business Analyst will lead product design efforts, working with business teams to organize the insurance product hierarchy and its specifications, such as coverages, coverage terms (limits, deductible, etc.), and availability rules. This includes the analysis and rationalization of our current insurance products to a future product set. The role also involves collaborating with the technology team to translate and map the product definition to the Policy Administration system product model.
Responsibilities
Lead the elicitation, analysis, and documentation of insurance product and process requirements from Product Management, Underwriting, Actuarial, Operations, and Compliance teams.
Develop clear and concise product specifications according to Business Architecture standards.
Lead product design efforts, working with business teams to organize the insurance product hierarchy and its specifications, including coverages, coverage terms, and availability rules.
Analyze and rationalize the current set of insurance products to define a future product set.
Collaborate with the technology team to translate and map the product definition to the Policy Administration system product model.
Ensure strong adherence to business analysis standards and deliver high-quality artifacts.
Utilize advanced analytical skills to translate product business requirements into a detailed product architecture and specifications.
Participate in Agile methodology processes, practices, and artifact creation.
Contribute to large technology implementation efforts.
Influence stakeholders to achieve project goals.
Work effectively in large multi-disciplinary team environments.
Communicate effectively, both verbally and in writing, to diverse audiences.
Qualifications
Bachelor's degree in Business, Finance, Information Technology, or a related field.
6+ years of experience working with complex P&C commercial lines products (e.g., GL, Property, Excess Casualty, Auto, Work Comp)
Strong understanding of ISO, NCCI, state regulatory environments, rating and pricing, and insurance company processes around product development and management.
Demonstrated experience in executing processes supporting business analysis and requirements documentation, with a strong adherence to standards and delivery of high-quality artifacts.
Advanced analytical skills with the ability to translate product business requirements into a detailed product architecture and specifications.
Experience with Agile methodology processes, practices, and artifacts.
Demonstrated experience in technology and large technology implementation efforts.
Strong ability to lead through influence.
Demonstrated experience working in large multi-disciplinary team environments.
Exceptional written and oral communication skills.
Experience with commercial Policy Administration Systems (e.g., Guidewire, Duck Creek, Policy Decisions).
What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click hereto learn more about our culture.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Type:
Regular
Time Type:
Full time
Primary Location:
London
Additional Locations:
Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.
Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.
FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's
