Reinsurance Broking Business Analyst

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.