Business Analyst with Finance

Job Requirements*

• 610 years of experience as a Business Analyst, preferably supporting life insurance finance transformation or reporting initiatives.
• Strong experience in business analysis, requirement elicitation, process mapping, functional documentation, and stakeholder management.
• Hands-on knowledge of US GAAP insurance accounting and LDTI (ASU 2018-12) reporting and compliance requirements.
• Understanding of insurance liability accounting, including reserves, Liability for Future Policy Benefits (LFPB), and Deferred Acquisition Costs (DAC).
• Experience in financial reporting, period-close processes, variance analysis, reconciliations, regulatory reporting, and financial controls.
• Ability to analyze and reconcile Finance and Actuarial data and translate business needs into clear functional requirements and acceptance criteria.
• Experience working across Finance, Actuarial, Data, and Technology teams in a life and annuity insurance environment.
• Proficiency in Advanced Excel and SQL; working knowledge of Power BI or Tableau, Databricks, DataHub, Jira, and Azure DevOps is preferred.
• Exposure to actuarial platforms such as Prophet or AXIS is an advantage.

Key Responsibilities*

• Support US GAAP and LDTI reporting, transformation, and compliance initiatives for Banner Life.
• Gather, analyze, document, validate, and manage business and functional requirements, process flows, data mappings, and acceptance criteria.
• Analyze and reconcile Finance and Actuarial data; investigate variances, data-quality issues, and reporting exceptions.
• Support financial reporting, close activities, variance analysis, insurance liability accounting, regulatory compliance, and control validation.
• Coordinate testing strategy, test scenarios, defect triage, user acceptance testing (UAT), implementation readiness, and post-implementation validation.
• Act as the liaison between Finance, Actuarial, Data, and Technology stakeholders to ensure shared understanding and timely resolution of issues.
• Use enterprise data and reporting tools to support analysis, traceability, reporting, and management updates.
• Maintain clear documentation and provide concise status, risk, dependency, and issue updates to stakeholders.

Section IV - Job Qualifications & Skills

Section

Details / Example Content

Domain

• Life & Annuity Insurance
• US GAAP insurance accounting and LDTI (ASU 2018-12)
• Insurance liability accounting, financial reporting, actuarial data, and finance transformation

Soft Skills

• Excellent verbal and written communication
• Strong analytical thinking and attention to detail
• Cross-functional stakeholder management and collaboration
• Structured problem-solving, documentation, and knowledge sharing
• Ability to manage priorities, risks, dependencies, and deadlines proactively