Financial Business Analyst (with Insurance domain and Guidewire experience)

About Us:

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700+ clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by nearly 90,000 talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a Larsen & Toubro Group company — combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale. For more information, please visit www.ltimindtree.com.

Job Title: Financial Business Analyst (with Insurance domain and Guidewire experience)

Work Location: Markham, Ontario, Canada

Responsibilities:

• Analyze and document business requirements for Finance Systems
• Excellent writing skills
• Collaborate with stakeholders to identify and prioritize system enhancements and improvements
• Understand and interact with Guidewire and mainframe constructs in the context of finance systems
• Conduct gap analysis and develop functional specifications for system changes
• Ensure compliance with insurance accounting standards and regulations
• Analyze data impacts on PL statements and Balance Sheets
• Understand basic accounting including balance sheet PL concept
• Work side by side with business teams throughout the life of the project understanding their needs communicating expectations and developing customer centric change proposals
• Participate in system testing and validation to ensure accuracy and functionality
• Create SQL queries and execute in Oracle Postgres Databases
• Provide training and support to end-users on new system features and processes
• Monitor system performance and troubleshoot issues as they arise
• Prepare detailed reports and presentations for management and stakeholders

Required Skills:

• Industry knowledge Minimum of 5 years of experience as a Business Analyst in Finance Systems with extensive experience in the insurance industry
• Strong understanding of insurance accounting principles and practices Familiarity with insurance industry regulations and standards particularly in relation to IFRS17 OSFI GISA Facility Association and GAA
• Familiarity with Guidewire principles PolicyCenter or BillingCenter or ClaimCenter
• Knowledge of mainframe constructs and their application in Finance Systems
• Understanding of ETL transformations and their role in data processing
• Expertise in SQL scripting
• Proficiency in data analysis and reporting tools
• Proficient in Visio PowerPoint Excel and Word
• Hands on BA experience writing requirements creating user stories process mapping data modeling maintaining data dictionaries etc.
• Excellent communication and interpersonal skills
• Strong problem-solving abilities and attention to detail
• Ability to work independently and as part of a team

Benefits/perks listed below may vary depending on the nature of your employment with LTIMindtree (“LTIM”):

Benefits and Perks:

• Comprehensive Medical Plan Covering Medical, Dental, Vision
• Health Care Spending Account
• Short Term and Long-Term Disability Coverage
• Life Insurance
• Annual vacation and other Paid Leaves
• Maternity Leave Top Up Pay

The range displayed on each job posting reflects the minimum and maximum salary target for the position across all Canada locations. Within the range, individual pay is determined by work location and job level and additional factors including job-related skills, experience, and relevant education or training. Depending on the position offered, other forms of compensation may be provided as part of overall compensation like an annual performance-based bonus, sales incentive pay and other forms of bonus or variable compensation.

Disclaimer: The compensation and benefits information provided herein is accurate as of the date of this posting.

LTIMindtree is an equal opportunity employer that is committed to diversity in the workplace. Our employment decisions are made without regard to race, color, creed, religion, sex (including pregnancy, childbirth or related medical conditions), gender identity or expression, national origin, ancestry, age, family-care status, veteran status, marital status, civil union status, domestic partnership status, military service, handicap or disability or history of handicap or disability, genetic information, atypical hereditary cellular or blood trait, union affiliation, affectional or sexual orientation or preference, or any other characteristic protected by applicable federal, state, or local law, except where such considerations are bona fide occupational qualifications permitted by law.

Safe return to office:

In order to comply with LTIMindtree’ s company COVID-19 vaccine mandate, candidates must be able to provide proof of full vaccination against COVID-19 before or by the date of hire. Alternatively, one may submit a request for reasonable accommodation from LTIMindtree’s COVID-19 vaccination mandate for approval, in accordance with applicable state and federal law, by the date of hire. Any request is subject to review through LTIMindtree’s applicable processes.