Senior Business Analyst - Insurance

Welcome to Truist Financial, a leading financial services company dedicated to helping our clients achieve their financial goals. We are currently seeking a seasoned Senior Business Analyst with a specialization in the insurance industry to join our dynamic team. In this role, you will have the opportunity to work closely with our insurance clients to analyze their business needs, identify areas for improvement, and develop strategic solutions. As a Senior Business Analyst, you will play a crucial role in driving our insurance business forward and ensuring our clients receive the best possible financial services. We are looking for an experienced and driven individual with a deep understanding of the insurance industry and a strong analytical mindset. If you are passionate about making a positive impact and have a strong background in insurance, we invite you to apply for this exciting opportunity.

1. Conduct in-depth analysis of insurance industry trends, market conditions, and client needs to identify potential areas for improvement.
2. Collaborate with insurance clients to understand their business needs and provide strategic recommendations to enhance their financial services.
3. Develop and implement effective solutions to address business challenges and improve overall performance.
4. Undertake research and gather data to support decision-making processes and provide insights to insurance clients.
5. Communicate complex financial concepts and analyses in a clear and concise manner to both internal teams and external clients.
6. Serve as a subject matter expert in the insurance industry, staying up to date on industry developments and best practices.
7. Work closely with cross-functional teams to ensure successful implementation of business solutions and strategies.
8. Build strong relationships with insurance clients and act as a trusted advisor on financial matters.
9. Monitor and evaluate the effectiveness of implemented solutions, making adjustments as needed to drive continuous improvement.
10. Mentor and provide guidance to junior business analysts, sharing knowledge and expertise in the insurance industry.
11. Support the development and implementation of new products and services for insurance clients.
12. Stay updated on regulatory requirements and compliance standards for the insurance industry and ensure all solutions are in line with these standards.
13. Collaborate with other departments within the organization to identify opportunities for growth and optimization in the insurance business.
14. Represent the company at industry events and conferences, networking with potential clients and staying informed on industry developments.
15. Continuously evaluate and improve processes and procedures to enhance efficiency and effectiveness in the insurance business.

According to JobzMall, the average salary range for a Senior Business Analyst - Insurance in Winston-Salem, NC, USA is between $85,000-$120,000 per year. However, this may vary depending on the specific company, industry, and level of experience of the individual. It is also important to consider factors such as bonuses, benefits, and other forms of compensation that may impact the overall salary range. It is recommended to research the specific company and industry to get a more accurate salary estimate.

Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T and SunTrust Banks.