Business Analyst

Victor Insurance Holdings is the world’s largest managing general underwriter with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $2.5 billion USD in premium on behalf of numerous insurance carriers, through a large network of more than 25,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company provides a wide range of insurance coverage – from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor Insurance is committed to building on 60-plus years of experience to develop products that address risk in new and evolving areas. For more information, visit www.victorinsurance.com.

Victor is seeking candidates for the Business Analyst position in Bethesda, MD.

Business Analyst

The Business Analyst (BA) is responsible for a full range of activities which ensure the operational effectiveness and excellence of the business unit. The BA will work with subject matter experts on the processes, content, and functional systems across Victor US to understand the impact of upcoming changes (process, product, technical) and will be a primary resource for business initiatives. The role may also act as Project Manager for smaller sized projects. This role is more business oriented than technical, though some general technical understanding will be needed to navigate the role successfully.

What can you expect?

• Work closely with the Business Unit leaders and Subject Matter Experts (SME) and project managers by providing key analytical support that will allow business needs and requirements to be understood, defined, and documented at a level that will enable business and technical systems to be effectively developed, deployed, and supported.
• Conduct research which may include reviewing financial statements, evaluating competitors, and analyzing business practices. Organize and interpret information to identify meaningful business, industry and market trends resulting in contributions to the development of a new business model, process, or product.
• Understands supporting technology environments, application, and process capabilities.
• Contributes to or leads in the development of: Business Requirements, Use Cases, Process Flows, and procedural documentation.
• Collaborate with PMO and subject matter experts to establish the overall solution vision and analyze tradeoffs across solution options.
• Critically evaluate and assess large amounts of complex information and data from multiple sources to identify business improvement needs and independently develop logical recommendations and solutions with minimal guidance.
• Review and understand existing procedures, policies, practices, and products and render insights regarding future state needs, requirements, and impacts.
  
  

What is in it for you?

• A company with a strong brand, with experience developing solutions for today’s and tomorrow’s toughest challenges
• A culture of internal mobility, diversity, inclusion, and collaboration
• Employee Resource Groups which provide access to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations
• Flexible work opportunities for work/life balance
• Competitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance); plus, a fixed company contribution AND a company match on your 401k, after one year of service
  
  

We will count on you to:

• As assigned, develop and manage small to mid-sized projects with a responsibility for defining project scope, resources and achieving deliverables on time. On larger efforts, provide support within a project structure.
• Participate on and act as a leader on cross-functional project teams.
• Provide leadership, support the required review activities, and regularly report progress and status.
• Coordinates interactions with the impacted and involved business, management and technical areas and keeps the Project Team on target and focused.
• Collaborates and works cross functionally with all business units within Victor US to achieve strategic, tactical and project goals.
• Provides leadership needed to instill a team-oriented, client-driven, results-driven team.
• Works under the general supervision of the Manager of Business Initiatives and provides direction to exempt and non-exempt personnel.
• Develop and maintain effective working relationships with all Victor US personnel, business partners, and vendors.
• Maintain knowledge of and support Victor US company values and strategic plan.
  
  

What you need to have:

• Bachelor’s degree in business or related field or equivalent work experience.
• Minimum of 2 years directly applicable experience.
• Minimum of 5 years of experience in generalized business.
• Requires a high level of independence.
• Excellent communication skills (written and verbal) in working with management, clients, and technological experts.
• Strong organizational and time management skills.
  
  

What makes you stand out:

• Proven ability to develop, document and maintain operational policies and procedures, including the designing and documenting detailed process flows.
• Solid understanding of existing and emerging industry practices, and ability to evaluate alternative business solutions.
• Demonstrates initiative, curiosity, and strong work ethic, is resourceful and self-motivated.
• Able to gather and analyze information, draw conclusions, make recommendations, execute and deliver expected results.
• Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. Able to sit and work at a computer keyboard for extended periods of time.
• Able to stoop, kneel, bend at the waist and reach on a daily basis.
• Able to lift up to 25 pounds occasionally.
• May be asked to travel occasionally
  
  

Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and well being for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com, or follow us on LinkedIn and Twitter.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting TANA@mmc.com.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local based teams will identify at least one “anchor day” per week on which their full team will be together in person. office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Victor offers a connected culture of talented, inspired individuals, and a work environment where colleagues can grow and succeed. We value diversity in thought and background and are looking for individuals who are up for the challenge of creating the insurance enterprise of the future. If that’s you, join us on our journey—because together, we are all Victors.

#Victor

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