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Insurance Business Analyst Jobs in Minnesota (NOW HIRING)

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HEDIS Business Analyst

Eden Prairie, MN · On-site

... insurance, 401K retirement savings plan, Life Insurance, Disability Insurance. Hiring across all ... Professionalexperience in quality reporting in HEDIS / StarsExperienceworking in a Business Analyst ...

US Bank

Strategy Business Analyst

Minneapolis, MN · Hybrid

Develop structured analysis to support key business priorities, strategic decisions, and leadership ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

Ameriprise Financial

Sr Business Analyst

Minneapolis, MN · On-site

$81K - $102K/yr

Background in insurance, annuities, wholesaling, or financial services. * Understanding of sales ... evolve business metrics. * Familiarity with BI or analytics best practices, including data ...

Ameriprise Financial

Sr Business Analyst

Minneapolis, MN · On-site

$81K - $102K/yr

Background in insurance, annuities, wholesaling, or financial services. * Understanding of sales ... evolve business metrics. * Familiarity with BI or analytics best practices, including data ...

Gainwell Technologies

WV · On-site

$69K - $99K/yr

Summary As a Senior Business Analyst at Gainwell, you can contribute your skills as we harness the ... insurance, vacation and holiday pay, cleaning or gasoline allowances, hotel accommodations ...

Cemstone

IT Business Analyst

Mendota Heights, MN · On-site

$70K - $90K/yr

The IT Business Analyst will work closely with business and IT leadership to gather requirements ... Life Insurance * Retirement Plans * Paid Time Off * Wellness Program * Education Assistance

Cemstone

IT Business Analyst

Mendota Heights, MN · On-site

$70K - $90K/yr

The IT Business Analyst will work closely with business and IT leadership to gather requirements ... Life Insurance * Retirement Plans * Paid Time Off * Wellness Program * Education Assistance

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Insurance Business Analyst information

What does an insurance business analyst do?

The job duties of an insurance business analyst vary depending on the needs of their employer. In this career, some employers may expect you to work with the IT department to maintain information and data systems and ensure adequate documentation for projects. You may coordinate between different business unit entities within your company to ensure seamless and cost-effective operations. You may analyze insurance products, commercial line insurance, or property and casualty insurance plans for cost-effectiveness. Regardless of your exact responsibilities, you need to understand the business requirements of an insurance company and help your employer meet their goals.

What does an insurance business analyst do?

An Insurance Business Analyst evaluates and improves the processes, systems, and operations within insurance companies. They gather and analyze data, identify business needs, and propose solutions that enhance efficiency and compliance. Their work often involves collaborating with IT, underwriting, claims, and other departments to implement technology solutions, streamline workflows, and ensure regulatory requirements are met. Ultimately, they help insurance organizations make informed decisions and remain competitive in the market.

What are the key skills and qualifications needed to thrive as an insurance business analyst, and why are they important?

To thrive as an Insurance Business Analyst, you need a solid understanding of insurance products, business processes, and data analysis, typically supported by a degree in business, finance, or a related field. Familiarity with insurance management systems, SQL, data visualization tools, and certifications like CBAP or PMI-PBA is often required. Strong analytical thinking, communication, and problem-solving skills help you bridge the gap between business needs and IT solutions. These skills and qualifications are crucial for delivering effective process improvements and data-driven recommendations within the insurance industry.

How does an insurance business analyst typically collaborate with underwriting and claims teams?

Insurance Business Analysts regularly work with underwriting and claims teams to bridge the gap between business requirements and technical solutions. They facilitate workshops, gather and analyze data, and translate operational needs into system specifications or process improvements. Effective communication with these teams ensures that new policies, processes, or software enhancements align with actual workflow and compliance requirements. This collaborative approach helps streamline operations and supports the organization's risk management and customer service goals.

What is the difference between Insurance Business Analyst vs Insurance Underwriter?

AspectInsurance Business AnalystInsurance Underwriter
Required CredentialsBachelor's degree in business, finance, or related field; certifications like CBAP or CCBABachelor's degree in finance, economics, or related; sometimes professional licenses
Work EnvironmentOffice setting, analyzing data, collaborating with teamsOffice setting, assessing risks, reviewing applications
Employer & Industry UsageInsurance companies, brokers, consulting firmsInsurance companies, agencies, reinsurance firms
Common Search & ComparisonYesNo

The main difference is that Insurance Business Analysts focus on analyzing data, improving processes, and supporting business decisions within insurance companies. Insurance Underwriters evaluate risks and determine policy terms. Both roles require analytical skills, but their core responsibilities differ significantly.

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Insurance Business Analyst jobs near you
Infographic showing various Insurance Business Analyst job openings in Minnesota as of September 2026, with employment types broken down into 1% As Needed, 68% Full Time, 17% Part Time, and 14% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution.

Technical Business Analyst

Expert Technology Services

Minnetonka, MN • On-site

Contractor

This job post has expired today. Applications are no longer accepted.

Job description

Job Summary (List Format) – Technical Business Analyst
- Location: Hybrid, Minneapolis, MN (3 days onsite per week, local candidates only)
- Duration: 6+ months contract
- Interview: 2 rounds
- Visa Restrictions: None
- LinkedIn profile required for all submissions
Responsibilities:
- Collaborate effectively with business partners in a highly complex domain.
- Translate business requirements into actionable tasks for development and QA teams.
- Write clear user stories and acceptance criteria using the Gherkin framework (Given-When-Then).
- Apply strong understanding of Agile methodologies, including PI Planning and MoSCoW prioritization.
- Perform QA validation and testing before delivering solutions to business users.
- Conduct data analysis and write simple to moderately complex SQL queries.
- Analyze and validate existing database structures (tables, rows, columns, relationships, and joins).
Requirements:
- Excellent communication, collaboration, and attention-to-detail skills.
- Experience in writing and validating SQL queries.
- Solid understanding of database concepts.
- Not expected to be a SQL developer but must be able to validate results and analyze data.
- Previous experience with insurance commission payout processes (preferred).
- Experience with SAP Agent Performance Management (SAP APM) (preferred).
Other:
- No background check or drug screen required.