Reinsurance Broking Business Analyst
We are currently hiring for a Business Analyst with Broking / Treaty experience to join one of our Insurance clients on a 6-month contract.
Inside IR35
Hybrid - ad hoc travel to London office
Key Responsibilities
1. Work closely with stakeholders (underwriters, claims, actuarial teams, brokers) to understand their needs and gather detailed business requirements.
2. Map and analyse current business processes within the (re)insurance lifecycle (policy administration, claims management, risk assessment, (re)insurance contracts, etc.). Propose enhancements to optimise business performance and operational efficiency.
3. Map out clear, well-structured process flows and business requirements leveraging Agile methodologies where necessary.
4. Manage the product backlog, ensuring that requirements are well-defined, prioritised, and aligned with business objectives.
5. Ensure that all business requirements consider the regulatory, compliance, and risk frameworks specific to the (re)insurance sector, such as Solvency II or Lloyd's minimum standards.
Experience
1. Bachelor's degree in a related field.
2. A background in the broking / reinsurance industry is essential.
3. Strong knowledge of Agile methodologies, particularly in documenting requirements using process flows, user journeys, user stories, and acceptance criteria.
4. Experience working with systems and processes specific to the (re)insurance sector (e.g., policy administration systems, claims management systems, and actuarial models).
5. Proficiency with Agile tools such as Azure DevOps, Jira, Confluence, Monday, or similar, as well as the MS suite.
6. Knowledge of business process modelling techniques (e.g., BPMN, UML).
7. Familiarity with systems development and implementation in the (re)insurance space.
8. Reinsurance, Treaty and Inwards experience.
9. Experience implementing PAS systems.
10. Eclipse/Open twins experience.
11. Experience working on a broking platform.
If this role is of interest or you would like to learn more, please apply now!
Carbon60, Lorien & SRG - The Impellam Group STEM Portfolio are acting as an Employment Business in relation to this vacancy.
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