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Business Analyst - Financial & Critical Processes

Role overview

Qualifications

  • Bachelor’s degree or equivalent years of industry experience
  • Overall 5 plus years of professional experience
  • Knowledge of Fidelity Health and Welfare products, HOBS, or FHB recordkeeping systems
  • Highly motivated and can work independently

Responsibilities

  • Execute critical and complex processes while looking for process improvement opportunities
  • Perform complex data analysis and reporting
  • Collaborate closely with business partners to ensure solutions are identified
  • Conduct root-cause analysis to identify gaps and trends for continuous improvement

Key facts

Hard skills

Other skills

  • Critical Thinking
  • Problem Solving
  • Problem Reporting
  • Microsoft Excel
  • Collaboration
  • Communication
  • Social Skills

About the company

Fidelity Investments logo

Fidelity Investments

Financial Services

Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses we serve. Fidelity’s strength comes from the scale of our diversified, market-leading financial services businesses that serve individuals, families, employers, wealth management firms, and institutions. With assets under administration of $15.0 trillion, including discretionary assets of $5.9 trillion as of March 31, 2025, we focus on meeting the unique needs of a broad and growing customer base. Privately held for 78 years, Fidelity employs more than 77,000 associates across the United States, Ireland, and India. For our Terms and Conditions, please visit http://go.fidelity.com/LIterms

Company details

IndustryFinancial Services
Company size10,001+

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Job description

Fidelity will not provide immigration sponsorship for this position.

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role 

You will be responsible for executing critical and complex processes while continually looking for process improvement opportunities via scalable technology solutions. Your work will include analysis, evaluation and identification of business problems and you will collaborate closely with business partners in the product domain, technology, and across Operations to ensure solutions are identified and issues are resolved. In this evolving landscape, this role will allow you to enhance your knowledge of the Health and Insurance benefits administration landscape through the breath and variety of work that you will own and lead.  

The Experience and Skills you bring to this Role 

  • Perform complex data analysis and reporting  
  • Performs research and analysis of moderate complexity issues and provides resolution by referring to client plan rules and procedures 
  • Interact and partner with multiple Business partners to arrive at the right solution  
  • Performing root cause analysis to identify gaps or trends for continuous improvement opportunities 
  • Conduct root-cause analysis to identify gaps and potential interim solutions; work to develop supporting resources for interim solutions as necessary 
  • Assist and coach the broader virtual team 
  • Find opportunities to drive scale through automation 
  • Collaborate with peers and the leadership team on process improvement ideas and procedure enhancements and opportunities to improve the customer service experience 
  • Following established procedures with heavy emphasis on analytics to reconcile reported issues for Health and Welfare product services through XTRAC.  
  •  Highly motivated and can work independently  
  • Understand and break down business problems and identify resolutions independently 
  • Analyze large sets of data to perform specific analysis through tools like MS Excel or Access, etc.  
  • Understand end-to-end processes, including operational controls, and their interdependencies,  
  • Apply critical thinking to existing processes and/or problems to identify and propose opportunities for improvement. 
  • Maintain strong working relationships via excellent verbal, written and interpersonal skills and build trust with business partners and coworkers enabling collaboration 
  • Build deep understanding of systems, products, and organization 
  • knowledge of Fidelity Health and Welfare products, HOBS (Health and Other Benefits System) or FHB (Fidelity Health Benefits) recordkeeping systems, a plus 
  • Bachelor’s degree or equivalent years of industry experience (4 years graduation preferred) 
  • Overall 5 plus years of professional experience (and demonstrated competence, depth, and breadth)  

The Team

As a Business Analyst on the Financial and Critical Process Team, you will join a team of passionate Fidelity Health Operations professionals committed to delivering optimal service to Fidelity’s clients.

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications:

Category:

Business Analysis

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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