Financial Business Analyst II

Farmers Insurance
Woodland Hills, CA Full Time
POSTED ON 11/13/2019 CLOSED ON 4/7/2020

What are the responsibilities and job description for the Financial Business Analyst II position at Farmers Insurance?

  
We are Farmers! 
  

Join a team of diverse professionals at Farmers to acquire skills on the job and apply your learned knowledge to future roles at Farmers. Farmers Insurance also offers extensive training opportunities through the award winning University of Farmers named by Training magazine amongst top 10 corporate training units in the world.

Want to learn more about our culture & opportunities? Check out farmers.com/careers and be sure to follow us on Instagram and LinkedIn!

 

  
Job Summary 
  
  • Acts as liaison between Business units and IT at senior level;

  • Possesses expertise in the business objectives, processes, and products;

  • Oversees business requirement gathering and analysis, risk assessment and project scope;

  • Mentors lower level colleagues;

  •  Performs impact analysis;
  • Support development of application, conceptual design, testing and implementation activities;

  • Leads and manages project support staff for medium to large projects/enhancements affecting multiple business and IT departments. 

  
Essential Job Functions 
  
  • Develops business requirements through analysis on business activities, industry trends and sponsor requests.

  • Works with business leader to define project scope Performs impact analysis of business process changes/enhancements across the organization

  • Understands customers objectives, processes and products in order to make educated recommendations

  • Oversees Business Requirement gathering and analysis Acts as liaison between Business Sponsors and IT staff Supports application testing, implementation, and training activities

  • Performs quality review checks on project deliverables Mentors/supervises lower level peers on project tasks by managing the daily and long term work efforts of assigned staff for a particular segment of work

  • May require occasional traveling 

  
  
Education Requirements 
  

High school diploma or equivalent required. Bachelor's degree preferred or equivalent relevant work experience. (4+ years Financial. Product, Sales, Service or Systems experience) Completion of or actively pursuing a major insurance designation, or Business Analysis Certification (CBAP) and currently certified for process improvement (Six Sigma or Z-Lean Yellow Belt). 

    
Special Skill Requirement 
 

This position will combine Project Management, Business Analysis, and Financial Management skills to identify and implement opportunities to improve business outcomes.  Successful candidates will possess the additional skills below, in addition to the core BA skills:


Project Management
  • Manages all aspects of smaller projects, including scope, schedule, financials, and deliverables;

  • responsible for project planning, monitoring, and reporting;

  • coordinates delivery of work from all parties involved, and is accountable for acceptance criteria & sign offs

 
Financial Management
  • Knowledge of basic corporate finance principles

  • Understand relational databases and how to extract and manipulate data using business query interfaces;

  • Perform analysis and produce reports using Excel, Business Objects, Tableau, or similar packages.

 
 

Other Skill Requirement

 
  • 2 years as a Business Analyst I, Project Manager or Process Analyst or 5 years of experience in related areas

  • Sound understanding of insurance loss, expense, growth and efficiencies

  • Ability to actively take part in meetings and conferences and communicate effectively

  • Capable of composing reports and high level technical explanations

  • Leads and manages project support staff for medium to large projects/enhancements affecting multiple business and IT departments.  

  

Farmers is an equal opportunity employer, committed to the strength of a diverse workforce. 

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Schedule: Full-time

Job Posting: 11/13/2019
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