Company Description

FAST, which stands for “Flexible Architecture, Simplified Technology,” is a Verisk (NASDAQ: VRSK) business that offers a suite of out-of-the-box software components insurers can use to quickly modernize their current environments or replace their legacy systems. FAST, which has a U.S. office in Iselin, New Jersey and an international office in Hyderabad, India, was founded in 2010 to provide an alternative to the overly burdensome solutions available in the market. 

At FAST, we recognize that each insurance company faces a unique set of issues and challenges, and that a tremendous amount of creativity and capability is required to craft and implement the best solution. That’s why FAST was built on an agile mindset. FAST, in concert with Verisk, is focused on providing innovative technology and analytics solutions for the life insurance industry. We’re continuously learning and improving, constantly challenging the status quo, and always seeking a “win/win” for our customers, partners, and employees. We reduce the time to market, eliminating risk and lowering the cost of standing up and maintaining core insurance systems. 

We continue to leapfrog the competition through Gartner’s Magic Quadrant for Life Insurance Policy Admin Systems, North America. FAST was first recognized in Gartner’s 2015 Magic Quadrant and after only three years became the youngest company to make Gartner’s leadership quadrant (upper-right). 

We are proud to be a part of the Verisk family of companies! 

At the heart of what we do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to our customers in insurance, energy and the financial services markets so they can make faster and more informed decisions.

Our global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. We provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, we monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues.

But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger.

It’s the reason Verisk is part of the UN Global Compact sustainability initiative. It’s why we made a commitment to balancing 100 percent of our carbon emissions. It’s the aim of our “returnship” program for experienced professionals rejoining the workforce after time away. And, it’s what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers’ problems.

At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do. 

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. We have received the Great Place to Work® Certification for the fifth consecutive year. We’ve been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce. Verisk’s Statement on Racial Equity and Diversity supports our commitment to these values and affecting positive and lasting change in the communities where we live and work.

Job Description

The Business Analyst works as a consulting team member or an individual consultant on an implementation,
enhancement, integration, or special project(s). Expertise and work efforts are focused on the research, analysis,
and implementation of client goals, and on the needs of the general business environment. Duties may be
performed at customer’s site. Operates under close supervision and works on tasks as directed. Works under clearly
defined guidelines.
Essential Duties and Responsibilities
90-100% Works on small-sized projects or specific components within a larger project, usually performing basic
design work, configuration and testing.
o Performs configuration tasks on a system component.
o Executes enhancement and system level test cases.
o Provides support to customer’s test efforts.
o May assist in analyzing customers' business requirements and technology objectives; may develop a
specification to meet customers' business needs.
o Prepares status reports, as needed, on all project activities.
o Performs simple to moderate configuration as part of story implementation

Qualifications

Essential Education and Work Experience
Bachelor's in Business, Mathematics or equivalent required. STEM degree preferred. Typically requires less than 18
months of experience in relevant industry business practices, business consulting, or technical consulting.
Specialized Knowledge and Skills
The BA must be intellectually curious, and demonstrate strong interpersonal, presentation, and planning skills.
They must have highly proficient PC skills, specifically within Microsoft Office, preferably having prior technical
experience.
Roadmap Skills for Attainment
These skills are vital for success in the Business Configuration Analyst I role, as well as, advancing your career at
FAST and beyond. FAST is committed to helping you develop the following:
o Basic proficiency in Microsoft Excel, including spreadsheets and basic calculation functions.
o Configure predefined “basic” orchestrations and rules.
o Debug Product Orchestration for purposes of testing Insurance Components functionality.
o Configure and run “basic” automated test cases.
o Configure basic data model entities and attributes.
o Clear understanding of role and responsibilities within FAST project methodology.
o Document software defects using predefined standards and tools (i.e., governance and phabricator).
o Working knowledge of the FAST platform to process business from end to end for two out of three using
major Insurance Software Components (New Business, Policy Administration, Distribution Management).
o Working knowledge and ability to apply product concepts to at least 2 Life or Annuity products (FAST or
Client.
o Define data relationships between key components and entities.
o Conduct story level software demonstrations.
Core Personal Attributes
The following attributes are required for success and must be consistently demonstrated by employees.
o Problem Solving/Critical Thinking – Ability to synthesize content. Good problem-solving approaches.
o Communication – Articulate, clear and succinct. Good listener. Solid logic flow during discussions. Poised,
personable style.
o Teamwork – Enthusiastic, highly involved team member. Supports others and helps build team morale.
Engaged and high energy. Demonstrates integrity at all times. Goes the extra mile to help others. Strong
network of informal relationships.
o Work Ethic – Completes tasks in a timely manner. Stays focused and organized. Self-motivated, takes
initiative
o Takes full ownership of assignments. High quality standards. Intellectually curious, openness to new
learning and others’ views. Seeks and is responsive to feedback. Consistently follows through and
demonstrates "can do behavior".
Equipment and Applications
PCs, spreadsheets, and various other software applications. Proficiency in Microsoft Office required.
Work Environment and Physical Demands
o General office environment
o Travel required
o Average 45-hour work-week, more as needed

Additional Information

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

http://www.verisk.com/careers.html

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume. 

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At Verisk, the health and safety of our people is our number one priority. Effective November 15, 2021, and subject to applicable law, all prospective hires for office based roles or roles that support any of our businesses’ government contracts will be required to demonstrate that they are fully vaccinated against COVID-19 by their start date, or qualify for a legally-required medical or religious accommodation to this vaccination requirement, as a condition of employment. Hired candidates who do not demonstrate that they are fully vaccinated against COVID-19 by their start date, and who have not been approved for a legally-required medical or religious accommodation will no longer meet the requirements for employment and their offers of employment will be immediately rescinded, in accordance with applicable law.