Business Analyst

Business Analyst - Regulatory (Contract Position) Number of Positions: 1 Filled: 0 Duration: 6 months Location: Markham, ON, CA Must be eligible to work in Canada Hybrid position, 3d/w in Markham, or 2d/w in Toronto and 1d/w in Markham Must have skills and experience: Ability to analyze complex data and regulatory requirements. Understanding of insurance regulatory reporting requirements and compliance standards. Familiarity with data analysis tools and software, such as Excel, SQL, or other data management systems. 1. Education: Bachelor’s degree in finance, Business Administration, Information Technology, or related industry experience. 2. Experience: Previous experience in regulatory reporting, business analysis, or a related field within the insurance industry. 3. Certifications: Relevant certifications such as Certified Business Analysis Professional (CBAP) or Project Management Professional (PMP) can be advantageous. 4. Industry Knowledge: Familiarity with insurance industry regulations and standards, particularly in relation to GISA, Facility Association, and GAA. Key Skills: A minimum of 5yrs of the following: 1. Analytical Skills: Ability to analyze complex data and regulatory requirements. 2. Attention to Detail: Ensuring accuracy in regulatory submissions and data analysis. 3. Communication Skills: Strong verbal and written communication to collaborate with stakeholders and technology partners. 4. Technical Proficiency: Familiarity with data analysis tools and software, such as Excel, SQL, or other data management systems. 5. Project Management: Ability to manage multiple tasks and projects, ensuring timely completion. 6. Problem-Solving: Identifying issues and developing effective solutions. 7. Regulatory Knowledge: Understanding of insurance regulatory reporting requirements and compliance standards. 8. Collaboration: Working effectively with cross-functional teams and external partners. Roles and responsibilities: A key aspect of this role is understanding Insurance Regulatory reporting requirements. This role is part of the Regulatory Operations and Downstream Reporting department within Finance Systems. You will analyze requirements, evaluate solutions and technology initiatives, whilst supporting the identification, evaluation, and management of technology partnerships and collaborations. You will support the team with building relationships with technology partners and the business, gathering technology requirements from business units and stakeholders, and contribute to the development of technology recommendations, solutions, and proposals. Ensure the implementation of technical connections and regulatory data submissions are not impacted, therefore avoiding customer impact or government non-compliance issues. Assist with the day-to-day activities such as analyzing requirements, evaluating solutions and technology initiatives, whilst supporting the identification, evaluation, and management of technology partnerships and collaborations, in compliance with internal policies, regulations, and standards. Gather technology requirements from assigned business units and stakeholders and contribute to the development of technology recommendations, solutions, and proposals, responding to queries using established processes and procedures, identify and escalate more complex issues. Assist with conducting analysis of technology needs and challenges to identify opportunities for improvement, evaluating technology solutions, tools, and vendors to determine their suitability for addressing business requirements and supporting the development of technology strategies, roadmaps, and recommendations. Collaborate with stakeholders to define project scope, objectives, and deliverables and address technology-related issues. Assist in identifying and updating processes and procedures to maximize efficiency and support automation where possible, assist in creation and implementation of test plans that are mapped to documented business requirements. Stay up to date with industry developments and advancements in technology, support the monitoring and reporting of the effectiveness of technology partnering practices, undertake relevant training and participate in various projects and initiatives as needed. Support the delivery of good customer outcomes through all activities and deliverables, enabling us to act in good faith towards customers, avoid causing foreseeable harm and enable and support our customers to pursue their financial objectives.

Location: Markham, CA

Posted Date: 10/5/2024