Job Title: Business Analyst, Regulatory Compliance Services
Job Location: Chicago, IL
Office Schedule: Hybrid, 3 days in-office
Department: Regulatory Compliance Services
Manager: Vice President, Compliance
Who We Are:
Old Republic International Corporation (ORI), which traces its beginning to 1923, is a Fortune 500 company and one of the nation’s 50 largest shareholder-owned insurance organizations. Our subsidiaries actively market, underwrite and provide risk management services for a wide variety of coverages, mostly in the general and title insurance fields.
Our Mission is to provide quality insurance security and related services to businesses, individuals and public institutions, and be a dependable long-term steward of the trust that policyholders, shareholders and other important stakeholders place in us.
Position Overview:
The Business Analyst will be responsible for developing integrated systems and processes that support the compliance operations of the organization. This role focuses on working closely with cross-functional teams to design solutions that streamline compliance workflows and enhance operational efficiency. The Business Analyst will also play a key role in developing presentations that tell the story behind compliance data and insights, collaborating with data analysts to incorporate analytics into a compelling narrative for stakeholders.
Essential Job Functions:
Presentation Development & Stakeholder Communication:
- Develop high-quality, visually engaging presentations to communicate compliance insights, trends, and key findings to senior leadership and stakeholders.
- Transform data-driven insights into a clear, concise narrative that aligns with business goals and effectively communicates the impact of compliance operations.
- Collaborate with data analysts to ensure the integration of key analytics into presentations, making complex data more understandable and actionable for stakeholders.
- Tailor presentations to different audiences, ensuring the narrative speaks to the specific interests and concerns of each group.
Collaboration with Data Analysts:
- Work closely with data analysts to incorporate relevant data and analytics into the story being told in presentations.
- Help translate analytical findings into a narrative that is accessible to non-technical stakeholders, highlighting the most relevant trends, risks, and opportunities.
- Ensure that data visualization tools (e.g., Power BI, Tableau) are used effectively to support the narrative and provide clarity to the presentation.
Cross-functional Collaboration:
- Work with compliance, legal, IT, and other departments to understand business needs and ensure that systems and processes are aligned with operational and regulatory goals.
- Act as a liaison between technical teams and business stakeholders, ensuring the successful communication of project status, process improvements, and key outcomes.
- Support change management initiatives related to new processes or systems, helping to ensure smooth transitions and user adoption.
Systems & Process Development:
- Collaborate with internal teams to understand business requirements and design integrated systems and processes to enhance compliance operations.
- Analyze existing workflows and processes to identify inefficiencies or areas for improvement and propose innovative solutions.
- Work with IT and other departments to develop, test, and implement new systems or process enhancements that align with compliance goals and regulatory requirements.
- Document business requirements, technical specifications, and system designs for system integration and process improvements.
- Ensure compliance processes are automated, streamlined, and aligned with industry best practices.
Continuous Improvement:
- Stay informed about emerging trends, regulations, and best practices in compliance operations and business analysis to drive continuous improvement.
- Evaluate the effectiveness of implemented systems and processes, making recommendations for optimization as needed.
Qualifications:
- Bachelor’s degree in Business Administration, Information Technology, or a related field, or equivalent work experience.
- Minimum of 3-5 years of experience in business analysis, preferably in a compliance or regulatory environment.
- Proven experience in developing presentations that effectively communicate complex information in an engaging, clear, and concise way.
- Strong ability to collaborate with data analysts to develop narratives based on data insights.
- Excellent communication skills with the ability to present complex topics in a way that resonates with diverse audiences.
- Strong organizational and project management skills, with the ability to prioritize and manage multiple tasks.
- Experience with process mapping, requirements gathering, and system implementation.
- Knowledge of compliance regulations and industry standards is a plus.
ORI is an Equal Opportunity Employer. ORI provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.