below is the detailed requirements.

Job Title : MDM Business Analyst

Location : Jersey City, NJ (Onsite)

Duration : Long Term Contract

Job Description:

• Bachelor's degree in Computer Science, Information Systems, Business Administration, or related field.

• 3-5 years of experience as a Business Analyst, with a focus on Master Data Management in the insurance industry.
• Hands-on experience with Insurance Taxonomy and Ontology, with a deep understanding of how insurance data is classified and structured.
• Experience working with MDM tools (e.g., Informatica MDM, SAP MDG, IBM InfoSphere) and insurance data platforms.
• Solid experience in data integration, ETL processes, and applying data governance frameworks to insurance data.
• Familiarity with insurance-specific terminology, business processes, and regulatory requirements (e.g., claims data, policyholder data, actuarial data).
• Collaborate with business stakeholders to document and define insurance-specific data requirements, including data elements, terminology, and classifications unique to the insurance domain (e.g., policy types, claims data, underwriting processes).
• Work closely with data governance teams to define insurance-related data quality standards, rules, and policies, ensuring compliance with industry regulations.
• Identify and analyze relationships between various insurance data elements, such as customer, policy, claim, and payment, to support seamless integration in MDM solutions.

Skills:

• Strong analytical and problem-solving skills, with an emphasis on insurance data complexities.
• Ability to communicate effectively with both technical and non-technical stakeholders, with particular emphasis on the insurance domain.
• Knowledge of data governance principles, especially as they relate to insurance regulations (e.g., GDPR, HIPAA, Solvency II).
• Familiarity with Agile methodology and project management for MDM initiatives.
• Proficiency in data analysis and visualization tools (Excel, Tableau, Power BI) with a focus on insurance-related data reporting.

Certifications (Optional but a Plus):

• MDM-related certifications (Informatica, SAP MDG, etc.).
• Business Analysis certifications (e.g., CBAP, CCBA).
• Insurance-related certifications (e.g., CPCU, AINS) would be a plus.