Business Analyst - Science

New York NY
March 08 2018
Insurance, Securities

Functional Area:

FA - Finance

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Employee Services, Inc.

Business Analyst for Science

Position Summary:

As a critical role in Science's success, we are looking to hire a Business Analyst to join our team to work with business stakeholders to draw out business requirements and understand how Science team's projects can be used directly in the business.

This is an exciting opportunity for those who want to enjoy state-of-the-art R&D and be challenged and grow as a Business Analyst; along the way this role will contribute to game-changing products for the multi-trillion-dollar insurance industry and use AIG's (the world's largest insurer by many metrics) global network to deliver impact and change.

Responsibilities and Performance Objectives:

  • Lead workshops and meetings to develop an understanding of business processes and how data science outputs can fit into those processes
  • Define and document business requirements and solution (business and technical) documents
  • Develop financial business cases and justification
  • Conduct market analyses to detail the competitive landscape and map out Science's strategy
  • Conduct end-user research to create user journeys and map out end-user pain points
  • Collaborate with the Science team to ensure detailed understanding of the requirements which therefore results in timely and accurate delivery
  • Collaborate with data analysts to enable direct delivery of the business requirements
  • Collaborate with data scientists to enable the building of effective analytical models
  • Work with business stakeholders to deliver solutions that fulfil their needs
  • Come up with creative solutions to business challenges related to what the Science team is delivering
  • Participate in cross-functional projects
  • Application of knowledge and experience gained in other industries
  • Creatively problem solving complex business and data challenges that others in the business or in Science cannot solve

Required Attributes:

  • A strong team player who knows how to build on team-members' strengths
  • Degree in business strategy related topic (e.g. Finance, Economics, Marketing, Business Studies), ideally MBA
  • Strategic thinker who can be persuasive with senior stakeholders
  • Presented complex analytical outputs to senior (Director and Board level) staff
  • Extensive experience in using Microsoft Office tools (such as Excel and Access) for analytical and reporting purposes - using advanced techniques (e.g. Pivot tables, data queries, complex formulas etc.), as well as experience preparing Board-level presentations
  • Specific project experience that has generated direct, measurable, financial benefits
  • Experience of working across different industries including consultancy
  • Have worked in projects that have utilized very large databases / datasets
  • Comfortable engaging with statistical technical experts and senior business stakeholders
  • Prepared to take ownership and accountability for deliverables

An ideal candidate (is not required to, but) will also have:

  • Experience in the finance industry and familiarity with fixed income portfolios preferred
  • Ability to solve problems creatively and, where necessary, pragmatically
  • Be passionate about digital and the opportunities it can create for changing businesses
  • Have had some exposure to new product design, design thinking or human-centered design
  • Passionate about developing effective and efficient data science solutions applied to real business problems
  • Comfortable and effective in working in teams and on own initiative where required
  • Interest in all aspects of the insurance business and processes (e.g. underwriting, claims adjusting, finance and accounting, risk management and operations)
  • Experience collaborating with diverse teams of global resources to deliver projects.

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives

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