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Insurance Business Analyst Jobs in Raleigh, NC (NOW HIRING)

Business Analyst

Raleigh, NC · On-site

$85K - $100K/yr

The Business Analyst is responsible for gathering, reviewing, analyzing, and evaluating business ... Insurance Office of America is an equal opportunity employer. We celebrate diversity and are ...

As a Business Analyst with ProMach, you will support the success of the company by analyzing and ... life insurance, disability insurance, paid time off programs, a retirement savings plan with a ...

Senior Business Analyst

Raleigh, NC

$89K - $116K/yr

Business Architect/Senior Business Analyst Location: Raleigh, NC Duration: 6+ Months Contract Must ... Experience in customizing enterprise applications for Insurance Domain and good knowledge of ...

Business Analyst II Business Analyst II Location: Hybrid1: This role requires associates be in the ... insurance, wellness programs and financial education resources, to name a few. Elevance Health ...

Business Analyst II Location: Hybrid1: This role requires associates be in the office 1-2 days per ... insurance, wellness programs and financial education resources, to name a few. Elevance Health ...

Senior Business Analyst

Raleigh, NC

$89K - $116K/yr

The Senior Business Analyst s upports initiatives across the firm, working closely with the Product ... Company-paid benefits such as life insurance, short-term disability, and long-term disability ...

Senior Business Analyst

Raleigh, NC · On-site

$89K - $116K/yr

The Senior Business Analyst s upports initiatives across the firm, working closely with the Product ... Company-paid benefits such as life insurance, short-term disability, and long-term disability ...

Senior Business Analyst

Raleigh, NC

$89K - $116K/yr

The Senior Business Analyst s upports initiatives across the firm, working closely with the Product ... Company-paid benefits such as life insurance, short-term disability, and long-term disability ...

Business Analyst III

Cary, NC · Remote

$44.50 - $61.50/hr

Business Analyst III At Global Sales & Servicing (GSSP) Platform, our mission is to build the next ... Jira experience Insurance/Financial Domain Product knowledge is a plus Strong sense of ...

... Strong P & C insurance background with emphasis in Policy Administration system portfolio ... an IT Business Analyst role. Excellent interpersonal and communication skills both verbal and ...

Business Analyst (Insurance) Duration: 6+ Months Contract Location: Raleigh, NC Must have skills: Overall 10 to 15 years of experience. Need Mortgage insurance domain into Mortgage servicing. • ...

Business Analyst (Insurance) Duration: 6+ Months Contract Location: Raleigh, NC Must have skills: Overall 10 to 15 years of experience. Need Mortgage insurance domain into Mortgage servicing. • ...

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Insurance Business Analyst information

See Raleigh, NC salary details

$19

$46

$63

How much do insurance business analyst jobs pay per hour?

As of Jun 14, 2026, the average hourly pay for insurance business analyst in Raleigh, NC is $46.56, according to ZipRecruiter salary data. Most workers in this role earn between $39.71 and $53.27 per hour, depending on experience, location, and employer.

Will AI replace a business analyst?

AI can automate routine tasks and analyze large data sets, but a business analyst's role involves critical thinking, stakeholder communication, and strategic decision-making that AI cannot fully replicate. Business analysts will increasingly use AI tools to enhance their work, but their expertise remains essential for interpreting insights and guiding business strategies.

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 is the highest paid business analyst?

The highest paid business analysts typically work in specialized industries such as finance, technology, or consulting, and often have advanced certifications like CBAP or PMI-PBA. Senior or lead business analysts with extensive experience and strong technical skills can earn salaries exceeding $100,000 annually, with top earners reaching over $130,000 or more depending on location and company size.

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.

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 highest paid position in insurance?

In the insurance industry, executive roles such as Chief Executive Officer (CEO), Chief Underwriting Officer, and Chief Risk Officer tend to be the highest paid positions, often earning multi-million dollar compensation packages. These roles require extensive experience, leadership skills, and often advanced certifications or degrees, and they oversee strategic decision-making and company performance.

What does a business analyst in insurance do?

An insurance business analyst evaluates insurance processes, policies, and data to identify improvements and ensure compliance. They gather requirements, analyze trends, and collaborate with stakeholders to develop solutions, often using tools like Excel or specialized software, to optimize business performance and support decision-making.

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.
Infographic showing various Insurance Business Analyst job openings in Raleigh, NC as of June 2026, with employment types broken down into 75% Full Time, and 25% Contract. Highlights an 75% In-person, and 25% Remote job distribution, with an average salary of $96,836 per year, or $46.6 per hour.
Business Analyst

$85K - $100K/yr

Full-time

Posted yesterday


Insurance Office Of America rating

8.6

Company rating: 8.6 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

74th of 261 rated insurance


Job description

Description

Job Description:

Title: Business Analyst – Project Management  


Fully Remote | Experience: 3+ years experience in business analysis, process improvement, or business process engineering. Bachelor's degree required.   
Please note: If this position is posted as either fully remote and/or hybrid, in accordance with company policy, individuals residing within a 50-mile radius of a branch location may be required to work onsite in a hybrid capacity as there may be occasions when on-site presence is necessary to meet specific business needs. Additionally, our remote work policy includes having a dedicated, distraction-free workspace. Remote work is not a substitute for childcare, elder care, or other personal responsibilities during working hours. To view our branch locations, please visit: ioausa.com/locations 
About the Role: The Business Analyst is responsible for gathering, reviewing, analyzing, and evaluating business and system needs to support project and organizational objectives. This role partners with stakeholders to define requirements, scope, and success criteria while translating business needs into clear, actionable documentation for project and technical teams. The Business Analyst also contributes to process improvement initiatives by analyzing data, evaluating existing workflows, and recommending enhancements that improve efficiency, effectiveness, and business outcomes. 
Key Responsibilities: 

  • Requirements Elicitation & Analysis: Elicit, analyze, validate, and document business needs from stakeholders, customers, and end users using interviews, workshops, surveys, and other techniques. 

  • Stakeholder Collaboration: Partner with project sponsors and stakeholders to define project vision, scope, priorities, and success criteria. 

  • Requirements Documentation: Develop clear and concise requirements artifacts, including business requirements, functional requirements, user stories, and specifications using standard templates. 

  • Scope & Impact Definition: Identify and establish requirement scope and parameters to define project impact, expected outcomes, and measurement metrics. 

  • Requirements Prioritization: Facilitate prioritization of requirements with stakeholders and project teams to support effective solution delivery. 

  • Process Analysis & Improvement: Evaluate existing business processes, identify gaps or inefficiencies, and propose improvements or optimization strategies. 

  • Process Modeling: Create process maps, workflows, diagrams, and models to provide clear guidance to developers and project teams. 

  • Solution Translation: Translate conceptual business requirements into functional requirements that are understandable to technical teams. 

  • Quality Assurance Support: Participate in solution testing and quality assurance activities to ensure features and functionality meet documented requirements. 

  • Requirements Validation: Analyze requirements for completeness, consistency, feasibility, and alignment with organizational standards. 

  • Continuous Improvement: Contribute to the enhancement of requirements‑gathering practices, templates, and methodologies to improve delivery effectiveness. 

 
Ideal Candidate Qualifications: 

  • Bachelor’s degree in Business, Information Systems, or a related field 

  • Minimum of three (3) years of experience in business analysis, process improvement, or business process engineering 

  • Business Analyst certification preferred 

  • Strong analytical and conceptual thinking skills with the ability to solve complex problems 

  • Proven ability to influence stakeholders and collaborate closely to determine effective solutions 

  • Excellent documentation skills, including creation of requirements, process maps, and user stories 

  • Experience preparing detailed reports and delivering presentations to diverse audiences 

  • Proficiency in Microsoft Office applications, including Word, Excel, PowerPoint, and Outlook 

  • Strong planning, organizational, and time‑management skills with a record of meeting commitments 

  • Experience supporting or leading successful projects in a cross‑functional environment 

 
What We Offer: 

  • Highly competitive pay rate based on relevant work experience. 

  • Compensation for travel and mileage. 

  • Respectful culture and work/family life balance 

  • Community service commitment 

  • Supportive teammates and a rewarding work environment 

 
What to Expect (Application Process): 

  • 30-Minute Phone Screen, Online Assessments, and Interview(s) 

Salary Range

The expected pay range for this position is $85,000 to $100,000 per year, depending on experience, relevant skills, and geographic location.

Insurance Office of America is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.