Business Analyst- Business Technology (Finance, Payments)

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Business Analysis or related roles
  • Strong understanding of payment systems and financial operations
  • Familiarity with Agile delivery methodologies
  • Proficiency in tools like Jira and Confluence for project management
  • Experience with data analysis and reporting tools such as SQL, Tableau, or Power BI
  • Extensive knowledge of SDLC methodologies and system architecture
  • Ability to communicate effectively across cross-functional teams

Responsibilities

  • Support delivery of the enterprise payments roadmap
  • Define features and document payment capabilities with Product Owners
  • Assist in the implementation of payment platforms and systems
  • Elicit and document requirements throughout the payment lifecycle
  • Coordinate collaboration among Finance, Treasury, and Engineering teams
  • Document and ensure compliance with regulatory requirements
  • Contribute to continuous improvement of business analysis practices

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Competitive 401(k) contribution and pension plan
  • Annual incentive and 9 paid holidays
  • 23 days of accrued paid time off annually
  • Student loan repayment assistance
  • Paid family leave
Full Job Description
The Business Analyst is an individual contributor within the Business Technology team, responsible for supporting analysis and delivery of enterprise payment solutions. This role partners with Treasury, Product, Digital, Technology, and Finance partners to help ensure payment capabilities are scalable, compliant, and in consideration of our needs.
You will help translate our needs into clear, applicable requirements, supporting the payments roadmap, and assisting with analysis of production issues that impact customer and financial operations.
You will report to the Senior Manager of Digital and Technology Product.

Position Compensation Range:

Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Job Description

Main Responsibilities

1. Payment Solutions Support & Delivery

  • Support analysis and delivery of the enterprise payments roadmap, including digital, lockbox, AutoPay, and real-time payment programs
  • Partner with Product Owners and Lead Business Analysts to define features and document payment capabilities in consideration of value
  • Help with implementation and optimization of main platforms, such as payment gateways, billing systems, and treasury integrations
  • Help ensure solutions align with enterprise architecture, regulatory requirements, and financial controls

2. Requirements and Business Analysis

  • Elicit, document, and validate our requirements across the payment lifecycle, including initiation, processing, reconciliation, and reporting
  • Translate needs into user stories, acceptance criteria, process flows, and functional documentation
  • Perform gap analysis, process mapping, and impact assessments with guidance from senior team members
  • Develop artifacts such as process flows, data mappings, business rules, and functional specifications

3. Cross-Functional Collaboration

  • Be a liaison across Finance, Treasury, Billing, Product, UX, and Engineering teams
  • Participate in working sessions and requirements workshops with partners
  • Document solution options, trade-offs, decisions, and follow-up actions
  • Coordinate with external partners and vendors where applicable, such as payment processors and banks

4. Data, Reporting & Financial Controls

  • Document requirements for payment reporting, reconciliation, and financial controls
  • Partner with Finance and Treasury to support accurate cash application, settlement tracking, and audit readiness
  • Support data analysis to inform decision-making, issue resolution, and compliance needs

5. Governance, Risk & Compliance

  • Help ensure payment solutions follow regulatory, audit, and security requirements, including PCI, fraud controls, and segregation of responsibilities
  • Support enterprise governance practices, such as payment standards, onboarding strategies, and control frameworks
  • Identify and document risks across payment processes and system integrations, escalating concerns

6. Team Contribution & Continuous Improvement

  • Contribute to team best practices in business analysis, documentation, and partner engagement
  • Maintain clear, organized, and traceable requirements documentation
  • Support complex programs by partnering with senior analysts, product owners, and technical teams

Specialized Knowledge & Skills Requirements

•Demonstrated experience providing customer-oriented solutions or service

•Demonstrated experience defining technical SDLC requirements for moderately complex IT projects using a variety of graphical and textual techniques.

•Demonstrated experience consulting on the development of test strategies and plans for medium to large IT projects.

•Demonstrated experience using multiple facilitation techniques and other methods to elicit and document requirements and resolve conflicts among project partners.

•Demonstrated experience with multiple modeling techniques/tools used to convey and gain agreement regarding requirements. •Extensive knowledge of system development life cycle (SDLC) methodologies. (e.g. Waterfall, Iterative, Agile).

•Solid knowledge of system architecture and system engineering processes.

•Solid understanding of infrastructure technologies, operating systems, and the interconnectivity between infrastructure platforms and software tools.

•Solid knowledge of general business operations and strategies.

Preferred Qualifcations

  • 3+ years of experience in Business Analysis, Product Delivery, Financial Systems, or related roles
  • Experience supporting payment systems, billing platforms, financial operations, or enterprise technology solutions
  • Support programs and collaborate with business and technology partners
  • Familiarity with Agile delivery methodologies
  • Experience in insurance or financial services
  • Familiarity with:
    • Payment gateways, ACH, card processing, lockbox, AutoPay
    • Treasury operations and cash management
    • Payment reconciliation and financial reporting
  • Understanding of enterprise integration concepts, such as APIs and event-driven systems
  • Experience with Jira and Confluence for requirements management, backlog tracking, and documentation
  • Experience with data analysis tools, such as SQL, Excel, Snowflake, Tableau, Power BI, or similar technologies, to support payment analysis, reconciliation, and reporting

Success Measures

  • Clear, complete, and traceable requirements documentation in consideration of roadmap priorities
  • Support for delivery of reliable payment capabilities
  • Improved understanding of reconciliation, reporting, and operational impacts
  • Analysis and documentation to support issue resolution

Why You will Matter

You will help deliver a modern, unified payments ecosystem by helping translate our needs into clear requirements, improving customer experience, and strengthening financial accuracy and control across the enterprise.

We will expect you to work 10. days per month from the office. You should reside within approximately 35-50 miles of one of the following office locations. The locations are: Madison, WI 53783. Boston, MA 02110 is another location. Additionally, Denver, CO 80112 is a location. We include Eden Prairie, MN 55343. Keene, NH 03431 is also a location. St. Joseph, MO 64507 is another one. Lastly, Phoenix, AZ 85034 is a location.

#LI-Hybrid

Additional Information
  • To ensure a strong start, all employees participate in our New Employee Orientation during their first week.  This experience is held in person at our Madison, WI Headquarters or one of our AmFam core locations to help you connect with our mission, meet key team members and build relationships that support your growth.  At times, sessions may be delivered virtually based on scheduling and availability. 
  • Offer to selected candidate will be made contingent on the results of applicable background checks
  • Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions
  • Sponsorship will not be considered for this position unless specified in the posting





We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

About American Family Mutual Insurance Company

American Family Mutual Insurance Company Careers

There has never been a better time to explore the job opportunities at American Family Mutual Insurance Company, a leading entity in the insurance sector. This company stands out not only for its robust commitment to clients but also for its dedication to fostering a professional growth environment for its employees.

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Join American Family Mutual Insurance Company’s esteemed team to assist in pioneering efforts that drive innovation and leadership in the insurance industry. This is where skills meet challenge and excellence. Transform the landscape of insurance with American Family Mutual Insurance Company, where the culture of growth and leadership goes hand in hand with the pursuit of operational excellence. Lead in a unique position in the market, at the nexus of industry knowledge, professional expertise, and digital innovation. Engage with a nationwide team of business and technology advisors to help clients and the company navigate through transformative initiatives. Collaborate with a diverse group of professionals dedicated to upholding the highest standards of service and innovation in the insurance industry.

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