IT - Systems Analyst

At Federated Insurance, we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and we’re looking for employees who want to make a difference in others’ lives, all while enhancing their own.
 
Federated’s culture is grounded in our Four Cornerstones: Equity, Integrity, Teamwork, and Respect.  We strive to create a work environment that embodies our core principles and values.  We value and respect individual differences, and we leverage those differences to achieve better results and outcomes for our clients, employees, and communities.  Our top priority in recruitment and development of our next generation is to ensure we align ourselves with truly exceptional people who share these values.

We are seeking a highly skilled Systems Analyst who excels in understanding business needs, translating them into technical requirements, and ensuring solutions are designed and delivered to meet organizational goals. The ideal candidate brings strong technical aptitude, exceptional analytical skills, and the ability to challenge ideas constructively to ensure high‑quality outcomes. They take ownership of results, navigate ambiguity confidently, and work effectively across teams to drive clarity and alignment.

This is an in‑person role based in Owatonna, MN. Due to our collaborative, fast‑paced work environment, remote or hybrid options are not available.

Responsibilities

Analysis & Requirements

• Lead the elicitation, documentation, and validation of business and system requirements.
• Translate business needs into detailed functional and non‑functional requirements.

Solution Design & Technical Collaboration

• Partner with architects, developers, project managers, and business SMEs to design effective and scalable solutions.
• Participate in technical design reviews and challenge assumptions to ensure solutions meet requirements and follow architectural standards.

Testing & Quality Assurance

• Ensure stories are ready for development and validated through testing.
• Develop test scenarios/cases to validate requirements and solution functionality.

Collaboration & Communication

• Serve as a primary liaison between business partners and IS teams.
• Communicate clearly with both technical and non-technical audiences.
• Continuous Improvement & Knowledge Development
• Analyze complex systems and workflows to identify gaps, dependencies, risks, and improvement opportunities.
• Seek continuous improvement in processes, systems, and team collaboration.
• Support sprint planning, backlog grooming, and other Agile ceremonies as needed.

Qualifications

• 5+ years of systems analysis experience supporting complex technology projects.
• Strong understanding of system design, technical architecture, and software development lifecycle concepts.
• Bachelor’s degree in Computer Science, Information Systems, Software Engineering, or equivalent experience.
• Exceptional analytical, problem-solving, and documentation skills.
• Strong communication, facilitation, and stakeholder management abilities.

Additional Beneficial Experience

• Knowledge of the insurance industry is helpful but not required.

Pay range is $101,700 - $137,500. Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information can be discussed with a member of the Recruiting team.

We offer a wide variety of ways to support you as a whole, both professionally and personally. Our commitment to your growth includes opportunities for internal mobility and career development paths, inspiring excellence in performance and ensuring your professional journey thrives. Additionally, we offer exceptional benefits to nurture your personal life. We understand the importance of health and financial security, offering encompassing competitive compensation, enticing bonus programs, cost-effective health insurance, and robust pension and 401(k) offerings. To encourage community engagement, we provide paid volunteer time and offer opportunities for gift matching. Discover more about Federated and our comprehensive benefits package: Federated Benefits You. 

All candidates must be legally authorized to work in the United States for any employer. Federated will not sponsor candidates for employment visa status, such as an H1-B visa. Federated does not interview or hire students or recent graduates with J-1 or F-1 visas or similar temporary work authorization.

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