Challenger Limited is an ASX-listed investment management firm managing $123.9 billion in assets (as at 30 June 2025). Life with us is fast moving and always exciting. Together we’re driving to deliver our vision to provide our customers with financial security for a better retirement.
We achieve this goal by providing a work environment where people from diverse backgrounds, with a range of skills and experiences can contribute and succeed.
Senior Business Analyst - Strategic Transactions (12‑month MTC)
Location: Sydney (Hybrid) Team: COO, Life Strategic Transactions
Are you ready to use your business analysis and facilitation skills to make complex work simple on a high‑profile, enterprise‑wide programme?
We’re looking for an experienced Senior Business Analyst to join our Corporate Development & Strategic Initiatives team, supporting a high‑profile, business‑critical programme.
We work flexibly from our Sydney CBD Office where you can expect to work 3 days in the office and 2 days from home.
About the role
As a Senior Business Analyst, you’ll be working alongside Project and Programme leads. You’ll partner with stakeholders across quant, actuarial, finance, product, risk, development and technology (internal teams and strategic partners) to gather requirements and define business solutions. You’ll identify issues, risks and benefits of existing and proposed solutions and assess broader business impacts.
You take a proactive, self‑driven approach to problem‑solving and requirements analysis. Responsibilities include (but aren’t limited to):
Collaborating with stakeholders to gather, document and analyse business and technical requirements.
Facilitating workshops and working with key business, risk and technology stakeholders to align on outcomes.
Working with offshore technology partners to support delivery workstreams and business outcomes.
Data analysis: Analyse and interpret complex data sets to identify trends, patterns and insights; conduct gap analysis.
Process mapping: Document and analyse current business processes; identify opportunities for improvement and efficiency.
Clear documentation: Create and maintain comprehensive, easy‑to‑understand documentation, including requirements and process artefacts.
Governance and compliance: Help ensure appropriate controls for material transactions and support reporting obligations.
Reporting: Support board reporting and presentations to internal boards, committees, and regulators as required.
Skills and experience
You’ll have a strong background as a Senior Business Analyst, or demonstrable BA experience with potential to progress, from within a financial services environment. You thrive in dynamic settings, embracing change and ambiguity while keeping stakeholders aligned.
As well as:
Strong experience in requirement gathering and translating business needs into IT‑ready specifications.
Excellent communication, presentation and facilitation skills - you listen, include and build trust. You can present ideas effectively to groups and senior stakeholders.
Hands‑on experience running workshops and bringing people together to clarify requirements and agree solutions.
Adaptable and resilient in a fast‑paced environment, able to navigate ambiguity and shifting priorities with confidence.
Familiarity with BA tools and methodologies.
Project management experience is a plus.
Highly desirable
Experience with reinsurance, annuities or retirement products is desirable but not essential.
Why Challenger?
At Challenger, we’re small enough to be agile, but big enough to accelerate bold ideas. We support your growth and development, offering flexibility and a culture that values your unique contributions.
https://www.challenger.com.au/about-us/careers/our-benefits
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Challenger's employee value proposition guides how we work: Grow and realise your potential, supporting each other, stronger together and making things happen. Our culture encourages curiosity, considered thinking and meaningful contribution, with opportunities to build a broad and rewarding career.
We are committed to fostering a safe, inclusive and respectful workplace where people of all backgrounds, identities and ways of thinking can thrive, and promoting flexible working to support work-life balance.
Challenger is proud to be a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality, a Family Friendly Workplace and recognised as a Bronze Employer in the Australian Workplace Equality Index (AWEI), the national benchmark for LGBTQ+ workplace inclusion.
Job type:
Max Term (Fixed Term)Posting Close Date :
15/02/2026Similar Jobs
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What We Do
Challenger Life is Australia’s largest provider of annuities and provides regular income to thousands of customers. We’re a multi-award-winning Life Company and have $23 billion in assets under management (as at 30 June 2023). Challenger is focused on providing customers with financial security for retirement. We do this by offering investment strategies that exhibit consistently superior performance, and by helping customers in retirement with safe and reliable income streams. As Australia’s largest annuity provider, we provide regular income payments to thousands of Australian retirees. Our lifetime annuities protect retirees from the risk of running out of money late in life. The regular retirement incomes we pay are backed by a high-quality investment portfolio, including fixed income and commercial property investments. These investments generate regular and predictable investment income, which we use to fund retirement incomes paid to our customers. For our social media disclaimer statement, visit: http://www.challenger.com.au/Disclaimer
