SonicJobs Logo
Left arrow iconBack to search

Reinsurance Broking Business Analyst

Lorien
Posted a day ago, valid for 23 days
Location

London, Greater London EC1R 0WX

Salary

£30,000 - £36,000 per annum

info
Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • We are seeking a Business Analyst with Broking/Treaty experience for a 6-month contract with an insurance client, offering a salary of £40,000 to £50,000 per annum.
  • The role requires collaboration with stakeholders to gather business requirements and analyze current processes within the reinsurance lifecycle.
  • Candidates should have a Bachelor's degree and a strong background in the broking/reinsurance industry, along with knowledge of Agile methodologies.
  • Experience with systems specific to the reinsurance sector and proficiency in Agile tools like Azure DevOps and Jira are essential.
  • The position is hybrid with ad hoc travel to the London office and is inside IR35, emphasizing the importance of regulatory and compliance frameworks.

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

  • Work closely with stakeholders (underwriters, claims, actuarial teams, brokers) to understand their needs and gather detailed business requirements.
  • : 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.
  • Map out clear well-structured process flow and business requirements leveraging Agile methodologies where necessary
  • in managing the product backlog, ensuring that requirements are well-defined, prioritised, and aligned with business objectives.
  • 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

  • Bachelor's degree in a related field.
  • A background in the broking / reinsurance industry is essential.
  • Strong knowledge of Agile methodologies, particularly in documenting requirements using process flows, user journeys, user stories and acceptance criteria.
  • Experience working with systems and processes specific to the (re)insurance sector (e.g., policy administration systems, claims management systems, and actuarial models).
  • Proficiency with Agile tools such as Azure DevOps, Jira, Confluence, Monday, or similar, as well as the MS suite.
  • Knowledge of business process modelling techniques (e.g., BPMN, UML).
  • Familiarity with systems development and implementation in the (re)insurance space.
  • Reinsurance, Treaty and Inwards experience
  • Experience implementing PAS systems.
  • Eclipse/ Open twins experience
  • 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.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.