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Business Data Analyst Property and Casualty Insurance domain

Company Description

Derex Technologies Inc specializes in providing IT consulting, staffing solutions and software services. Globally headquartered in Harrison New Jersey since 1996 Derex delivers the highest quality technology professionals and an array of customized IT talent solutions designed to improve productivity and drive results to global clients throughout North America.

With over two decades of unparalleled experience, Derex provides supports to its clientele, across such industries as Systems Integration, Banking and Finance, Telecommunications, Pharmaceutical and Life Sciences, Energy, Healthcare, Technology, Transportation, and local and federal Government agencies.

Job Description

Role: Business Data Analyst

Location: Erie, PA (Onsite)

 

Must have strong Property and Casualty Insurance domain experience in Underwriting workbench/workstation.

 

Roles & Responsibilities:

  • Support data management efforts, from source through integration, understanding data transformation over time, data mapping and/or analysis and mapping 3rd party data sources.
  • Ensure data integrity and quality for the data within the organization.
  • Profile data to understand data anomalies and data quality issues.
  • Serves as a project team member for projects of medium to large scope and moderate complexity, or sub-projects within a large or highly complex project.
  • Participate in project planning from requirements through design, testing, implementation, and maintenance.
  • Responsible for the collection, analysis, and documentation of business and/or technical requirements, which may include, leading planning sessions with business partners to improve a business process or products within the department.
  • Providing technical expertise across the Enterprise technology business unit, understanding the relationship between the business and the data and technology that supports the business.
  • Collaborates with all relevant parties by demonstrating knowledge of the business technical systems and providing timely and accurate information between the business partner and the information technology organization. This includes ad-hoc data requests/analysis, user support, etc.
  • Assessing needs to identify business priorities and advise business partners on options and technical limitations.

 

Requirements Must have:

 

  • Strong P&C Insurance experience required.
  • UW workstation / workbench experience is MUST
  • Advanced understanding of data warehousing concepts, architectures, and processes.
  • Strong experience with data mapping, data warehousing and enterprise warehousing including understanding and using relational and dimensional database structures.
  • Advanced understanding of mapping data attributes from existing sources to the target reporting data models; identify gaps between the target reporting data model and the required attributes identified by business users, and articulate data derivation or transformation rules in business terminology. Understanding mapping Xpaths, reading XML, and updating and governing reference data.
  • Working knowledge of insurance data in warehouses, a plus but not required.
  • Experience writing and executing SQL queries.
  • Understanding of extraction, transformation, and loading (ETL) concepts.
  • Experience using business intelligence software, including the construction of reports based on warehouse data.
  • Adept in desktop applications and software tools.
  • Experience being a liaison between technical and business teams (Data Steward, Data Architects, and Software Engineers).
  • Strong experience analysing and documenting data requirements to create specifications, utilize storyboarding and prototyping to assist with the design of integrated solutions.
  • Analytical Thinking – Ability to apply analytical techniques (e.g., separating a complex whole into its parts or elements to resolve problems or issues).
  • Communication – Ability to express concepts (e.g., business, technical, and other), ideas, insights, opinions, and conclusions, so that others understand. Create an environment that encourages and values the opinions of others and promotes sharing of information and ideas.
  • Information seeking – Thoroughly investigates and researches multiple sources to expose details and complete information about resources, issues, problems, and so forth. Conducts in-depth research, asks probing questions, and transcends surface issues.

Regards,

 

Manoj

Derex Technologies INC

Contact : 973-834-5005 Ext 206

Additional Information

All your information will be kept confidential according to EEO guidelines.

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Data Analyst Property and Casualty Insurance domain, Derex Technologies Inc

At Derex Technologies Inc, we are on the lookout for a talented Business Data Analyst to join our dynamic team in Erie, PA! This is an exciting opportunity to make a significant impact in the Property and Casualty Insurance domain. As a Business Data Analyst, you'll dive deep into data management, ensuring data integrity while supporting various projects that may change the course of business decisions. You will use your advanced understanding of data warehousing concepts and invaluable experience with underwriting workbench tools to drive excellence in our processes. Collaborating with cross-functional teams, you will be responsible for profiling data to uncover any anomalies, while also conducting thorough analysis and documentation of both business and technical requirements. Your role will involve translating complex technical details into business terminology that everyone can appreciate. By actively participating in project planning from inception to execution, you’ll be helping to shape the future of our organization. Joining Derex means being part of a community that respects your insights and encourages sharing innovative ideas. If you have a strong analytical mindset, superb communication skills and a passion for improving business processes, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Business Data Analyst Property and Casualty Insurance domain Role at Derex Technologies Inc
What are the responsibilities of a Business Data Analyst at Derex Technologies Inc?

At Derex Technologies Inc, the Business Data Analyst plays a vital role in data management and analysis within the Property and Casualty Insurance sector. Key responsibilities include supporting data integration, ensuring data quality and integrity, and collaborating on project planning to assess and document business and technical requirements.

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What qualifications are required for the Business Data Analyst position at Derex Technologies Inc?

To qualify for the Business Data Analyst role at Derex Technologies Inc, candidates must possess strong experience in the Property and Casualty Insurance field, specifically with underwriting workbench tools. Additionally, proficiency in data warehousing concepts, data mapping, SQL, and effective communication between technical and business teams are essential.

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What experience is necessary for success as a Business Data Analyst at Derex Technologies Inc?

Successful candidates at Derex Technologies Inc will have a solid background in the Property and Casualty Insurance industry, particularly in underwriting workbench experience. Familiarity with ETL concepts, business intelligence software, and the ability to analyze and document data requirements will also contribute to success in this role.

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How does the Business Data Analyst contribute to projects at Derex Technologies Inc?

The Business Data Analyst at Derex Technologies Inc contributes by collaborating with project teams to understand technical requirements, data integration processes, and business priorities. In this role, you'll document specifications and provide insights that enhance project outcomes through effective analysis and communication.

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What skills are essential for a Business Data Analyst at Derex Technologies Inc?

Essential skills for a Business Data Analyst position at Derex Technologies Inc include analytical thinking, strong communication abilities, data mapping expertise, proficiency in SQL, and a deep understanding of data warehousing. Additionally, the ability to find solutions and seamlessly relay technical details to non-technical partners is crucial.

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Common Interview Questions for Business Data Analyst Property and Casualty Insurance domain
Can you describe your experience with Property and Casualty Insurance and how it relates to the Business Data Analyst role?

When discussing your experience, highlight specific projects where you utilized underwriting workbench tools and how they informed your data analyses. Emphasize your familiarity with the industry's nuances and your ability to translate that knowledge into actionable insights.

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What approach do you take when ensuring data integrity in projects?

Discuss systematic methods you use for data validation, such as profiling data for anomalies or conducting regular integrity checks. Share specific tools or techniques you've successfully employed to maintain high data quality throughout your projects.

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How do you prioritize tasks in a multifaceted project environment?

Explain your prioritization strategy, focusing on both business needs and project timelines. Mention how you assess project urgency and impacts, working closely with stakeholders to ensure alignment on priorities.

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Can you give an example of a time you collaborated with a technical team to solve a business problem?

Provide a clear example that showcases your communication skills and ability to bridge gaps between technical and business teams. Highlight your role in facilitating discussions and ensuring that both sides’ concerns were addressed.

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What are some key data warehousing concepts you believe are critical for a Business Data Analyst?

Outline concepts like data normalization, ETL processes, star schema vs. snowflake schema methodologies, and data governance principles. Elaborate on how these concepts have influenced your work and improved decision-making.

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How do you approach writing and executing SQL queries?

Share your process for SQL queries, including your methods for optimization and data retrieval to support analyses. Explain how you test your queries to ensure accuracy and efficiency in data extraction.

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What techniques do you use for analyzing data quality issues?

Discuss your approach to identifying and analyzing anomalies in data sets. Mention specific tools or techniques, such as data profiling and visualization, to help communicate these issues effectively to stakeholders.

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How do you ensure that business requirements are accurately translated into technical specifications?

Describe your methodology for gathering requirements through collaboration with stakeholders. Mention focusing on clarifying their needs and ensuring that the technical team fully understands the objectives.

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Can you explain a time when you improved a business process using data analysis?

Share a specific instance where your data analysis led to a tangible improvement in a process. Provide details on the challenges faced, the analysis performed, and the measurable results achieved.

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How do you keep up with trends and technologies in the data analysis field?

Explain your strategy for continuous learning, which may include following industry blogs, participating in webinars, or attending conferences. Emphasize your commitment to staying updated on evolving technologies that can enhance your analytical skills.

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DATE POSTED
January 3, 2025

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