Business Systems Analyst, Systems & Data Transformation
Role Overview
Business Systems Analyst role at HSB Canada, part of Munich Re, supporting technology delivery across insurance business functions.
The role bridges business needs and technology across policy administration, underwriting, claims, finance, engineering, inspections, data integrations, and vendor implementations.
The position calls for systems-level analysis, functional and technical documentation, SQL-based data validation, and collaboration with business and technical teams.
Key Skills for This Role
Full Job Posting
Role overview
Business Systems Analyst role at HSB Canada, part of Munich Re, supporting technology delivery across insurance business functions.
The role bridges business needs and technology across policy administration, underwriting, claims, finance, engineering, inspections, data integrations, and vendor implementations.
The position calls for systems-level analysis, functional and technical documentation, SQL-based data validation, and collaboration with business and technical teams.
Analysis and requirements
- Elicit, analyze, document, and validate business, functional, non-functional, data, integration, and reporting requirements.
- Create BRDs, user stories, use cases, acceptance criteria, process flows, data flow diagrams, interface specifications, and traceability matrices.
- Translate business needs into solution-ready system requirements; perform impact analysis and maintain requirements traceability.
- Assess current and target systems, data flows, integrations, controls, and operational impacts.
Insurance, data, and systems
- Support policy administration, claims, underwriting, billing, payments, renewals, endorsements, and insurance product configuration.
- Support Canadian regulatory, compliance, privacy, audit, and operational risk initiatives affecting insurance products, processes, data, and technology controls.
- Use SQL for data analysis, validation, reconciliation, root-cause analysis, and operational reporting; review database objects with database teams.
- Validate data migration, mapping, conversion, transformation, and reconciliation; analyze APIs, batch processes, message flows, and data feeds.
Delivery and collaboration
- Support UAT, SIT, regression testing, production investigations, defect triage, and data-related incident analysis.
- Review technical designs, provide functional input in solution discussions, and coordinate with developers, architects, QA, project managers, operations, and vendors.
- Act as a liaison between business and technical teams, lead requirements walkthroughs, present recommendations, and manage stakeholder expectations.
- Work across Agile and Waterfall environments.
Experience and education
- At least 6 years as a Business Systems Analyst, Systems Analyst, or technically oriented Business Analyst.
- At least 3 years in Canadian insurance or a closely related regulated financial services environment.
- Experience supporting large-scale implementations, modernization, integrations, migrations, enhancements, or vendor platform projects.
- Strong Canadian insurance domain knowledge and strong SQL expertise; experience querying databases.
- Bachelor's degree in Business Administration, Computer Science, Information Technology, Engineering, or a related field.
Technical skills and tools
- Experience with data mapping, interface specifications, source-to-target mapping, data lineage, and business rules documentation.
- Knowledge of stored procedures, packages, triggers, functions, and views; application architecture, web applications, APIs, data models, and enterprise system design.
- Knowledge of REST and SOAP services, file-based integrations, messaging platforms, batch processing, and system-to-system data exchanges.
- Listed tools include Databricks, SQL Server, JIRA, Confluence, Microsoft Visio, and Microsoft Excel.
- Insurance platforms may include Guidewire, Duck Creek, PolicyCenter, ClaimCenter, BillingCenter, or similar platforms.
Preferred qualifications
- Insurance platform experience with Guidewire, Duck Creek, PolicyCenter, ClaimCenter, BillingCenter, or similar Canadian systems is preferred.
- Cloud platforms, data warehouses, reporting, document management, workflow, and integration technology knowledge is preferred.
- API integration and microservices experience, CBAP, CCBA, PMP, or Agile certifications, and experience with distributed or offshore teams are preferred.
- Nice-to-have experience includes ETL, Power BI or Tableau, DevOps and CI/CD, microservices and event-driven architectures, and basic XML, JSON, and XSD knowledge.
Work arrangement
- The role is located in the Toronto office and follows a hybrid work model combining weekly in-office and remote days.
Compensation and benefits
- Base salary range is $119,000 to $139,000 per year, with an opportunity for an annual company bonus.
- Benefits include health and dental coverage, health or wellness spending accounts, pension and optional RRSP matching, paid time off, learning support, and wellness resources.
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