Business Process Analyst

divh2Job Summary / h2pThis role will serve as a link between underwriting operations, financial strategy, and process optimization. The incumbent will apply strong analytical and financial acumen to understand, document, and improve processes within the underwriting lifecycle, ensuring efficiency, compliance, and alignment with financial objectives. While primarily focused on process improvement, this role will also support critical underwriting functions, leveraging data to drive strategic decisions and operational excellence. / ph3Essential Responsibilities / h3ulliCreate comprehensive process maps and documentation for underwriting procedures, identifying current state operations, future state recommendations, and potential financial impacts. / liliDevelop desktop procedures and training materials specific to underwriting functions, ensuring clarity for audit and compliance. / liliCollaborate closely with underwriters to analyze existing processes and tools, identifying opportunities for financial efficiency, risk mitigation, and improved quote / renewal turnaround times. / liliConduct analyses to quantify the financial impact of proposed process changes or tool enhancements, ensuring data-driven recommendations. / liliActively participate in and support project meetings related to underwriting system enhancements, financial modeling tool development, and overall operational efficiency initiatives, ensuring the underwriting perspective is well-represented. / liliSupport underwriting workloads by calculate rates utilizing company rating algorithms, adjusting accordingly to cover questionable claim patterns or unusual situations not otherwise contemplated within the standard formula. / li / ulh3Education / h3pRequired : High School Diploma / GED / ppSubstitutions : None / ppPreferred : Bachelors Degree in finance, Accounting, Economics, Business Administration, or a related field. / ph3Experience / h3pRequired : Must be a US citizen. 3 - 5 years of experience in a Business Analyst or Business Process Analyst role or experience in a related operational area. / ppPreferred : Experience in a financial analysis, underwriting support, or actuarial support role is highly desired. Strong understanding of financial concepts, risk assessment, and insurance product lifecycles. / ph3Skills / h3pAnalysis of business problems / needs / ppWritten Oral Presentation Skills / ppBusiness Analysis / ppBusiness Process Design / ppBusiness Process Improvement / ppBusiness Process Mapping / ppBusiness Requirements / ppCollaborative Problem Solving / ppProject Management / ph3Languages (Other than English) / h3pNone / ph3Travel Required / h3p0% - 25% / ph3Physical, Mental Demands and Working Conditions / h3pPosition Type : Remote / ppTeaches / trains others regularly : Occasionally / ppTravel regularly from the office to various work sites or from site-to-site : Rarely / ppWorks primarily out-of-the office selling products / services (sales employees) : Never / ppPhysical work site required : Yes / ppLifting : up to 10 pounds Constantly / ppLifting : 10 to 25 pounds Never / ppLifting : 25 to 50 pounds Never / ppPay Range Minimum : $50,200.00 / ppPay Range Maximum : $91,200.00 / ppBase pay is determined by a variety of factors including a candidates qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations. / ppHighmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law. / p / div