• The ideal candidate possesses a holistic understanding of how risk moves from an agent's hands through wholesale channels, gets underwritten by MGAs, and is ultimately bound and managed on a Carrier s paper.
• Business Requirements & Process Mapping
• Translate complex P&C; insurance workflows into clear business requirements (BRDs), functional specifications (FRDs), user stories, and process maps.
• Document end-to-end Commercial Lines lifecycles (New Business, Renewals, Endorsements, Cancellations) across multiple lines of business (e.g., General Liability, Commercial Property, Excess & Surplus, Inland Marine, Commercial & Personal Auto etc).
• Analyze and optimize the Submission Management pipeline, focusing on reducing clearance times and improving data ingestion from multi-channel sources (emails, portals, ACORD forms, API feeds).
• Define requirements for Intelligent Document Processing (IDP), OCR solutions, or submission triage tools to automate data extraction from ACORD 125/126/140 etc., forms and supplemental applications.
• Value Chain Integration (Broker MGA Carrier)
• Wholesale Broker Workflows: Map how wholesale brokers aggregate risks, market them to multiple markets, and manage quote comparisons.
• MGA Operations: Design solutions for MGAs utilizing delegated underwriting authority, managing program business, and enforcing carrier-defined underwriting guidelines and rate/rule/form structures.
• Carrier Core Systems: Ensure seamless data transmission to Carrier core systems for risk aggregation, policy issuance, billing, and regulatory reporting (statutory coding).
• System & Data Integration
• Collaborate with architectural teams to define API integration requirements connecting modern front-end portals, rating engines (ISO or proprietary), and back-office policy administration systems (PAS).
• Facilitate automated bordereau reporting structures between MGAs and Carriers, ensuring financial and statistical data integrity.
•
Experience:
Minimum 5 7 years of Business Analysis experience strictly within the U.
S. P&C; Insurance industry.
• Domain Knowledge: Holistic understanding of the commercial insurance distribution model,
including the distinct roles and interactions of Wholesale Brokers, MGAs, and Carriers.
• Strong familiarity with insurance core systems (e.g., Guidewire, Duck Creek, Origami Risk) or specialized MGA/Broker platforms (e.g., Vertafore, Applied Systems, Novidea).
• Hands-on experience with ACORD data standards and forms.
• Solid understanding of Agile/Scrum methodologies, writing Jira user stories, and managing backlogs.
• Analytical
Skills:
Proficiency in SQL for data mapping and validation, as well as business process mapping tools (e.g., Lucidchart, Visio).
• Professional insurance designations such as CPCU (Chartered Property Casualty Underwriter) or AU (Associate in Commercial Underwriting).
• Experience with Excess & Surplus (E&S;) lines and non-admitted market workflows.
• Excellent written and oral communication skills, Excellent Documentation Skills
• The ideal candidate possesses a holistic understanding of how risk moves from an agent's hands through wholesale channels, gets underwritten by MGAs, and is ultimately bound and managed on a Carrier s paper.
• Business Requirements & Process Mapping
• Translate complex P&C; insurance workflows into clear business requirements (BRDs), functional specifications (FRDs), user stories, and process maps.
• Document end-to-end Commercial Lines lifecycles (New Business, Renewals, Endorsements, Cancellations) across multiple lines of business (e.g., General Liability, Commercial Property, Excess & Surplus, Inland Marine, Commercial & Personal Auto etc).
• Analyze and optimize the Submission Management pipeline, focusing on reducing clearance times and improving data ingestion from multi-channel sources (emails, portals, ACORD forms, API feeds).
• Define requirements for Intelligent Document Processing (IDP), OCR solutions,
or submission triage tools to automate data extraction from ACORD 125/126/140 etc., forms and supplemental applications.
• Value Chain Integration (Broker MGA Carrier)
• Wholesale Broker Workflows: Map how wholesale brokers aggregate risks, market them to multiple markets, and manage quote comparisons.
• MGA Operations: Design solutions for MGAs utilizing delegated underwriting authority, managing program business, and enforcing carrier-defined underwriting guidelines and rate/rule/form structures.
• Carrier Core Systems: Ensure seamless data transmission to Carrier core systems for risk aggregation, policy issuance, billing, and regulatory reporting (statutory coding).
• System & Data Integration
• Collaborate with architectural teams to define API integration requirements connecting modern front-end portals, rating engines (ISO or proprietary), and back-office policy administration systems (PAS).
• Facilitate automated bordereau reporting structures between MGAs and Carriers, ensuring financial and statistical data integrity.
•
Experience:
Minimum 5 7 years of Business Analysis experience strictly within the U.
S. P&C; Insurance industry.
• Domain Knowledge: Holistic understanding of the commercial insurance distribution model, including the distinct roles and interactions of Wholesale Brokers, MGAs, and Carriers.
• Strong familiarity with insurance core systems (e.g., Guidewire, Duck Creek, Origami Risk) or specialized MGA/Broker platforms (e.g., Vertafore, Applied Systems, Novidea).
• Hands-on experience with ACORD data standards and forms.
• Solid understanding of Agile/Scrum methodologies, writing Jira user stories, and managing backlogs.
• Analytical
Skills:
Proficiency in SQL for data mapping and validation, as well as business process mapping tools (e.g., Lucidchart, Visio).
• Skilled insurance designations such as CPCU (Chartered Property Casualty Underwriter) or AU (Associate in Commercial Underwriting).
• Experience with Excess & Surplus (E&S;) lines and non-admitted market workflows.
• Excellent written and oral communication skills, Excellent Documentation Skills
📌 Business Analyst with US P&C insurance (India)
🏢 Foundit
📍 India