Business Analyst – Reinsurance Operations

A leading consulting company is seeking a Business Analyst – Reinsurance Operations to join its core operational function. In this role, you will handle and process large volumes of client data within specialized reinsurance systems. Furthermore, you will provide critical reporting to downstream stakeholders to help them meet their specific requirements. Consequently, this position is vital for maintaining high adherence to SOPs and achieving the department’s overall goals.

The Business Analyst – Reinsurance Operations will use advanced tools and techniques to analyze information, report on trends, and resolve data discrepancies. Additionally, you will support the process to ensure reinsurance data is reconciled accurately with premiums and claims. Therefore, the company is looking for a motivated individual who can contribute to effective planning and the implementation of identified projects.

Key Responsibilities

• Collect and analyze business needs from users to support effective project planning.
• Support and maintain specialized applications while setting high data management goals.
• Ensure reinsurance data is received from clients according to agreed timelines and treaty terms.
• Reconcile client data accurately with premiums paid and claims processed by the organization.
• Identify areas for process improvement and implement best practices within the administration team.
• Develop and improve data validation processes to ensure the highest quality of client information.
• Maintain detailed documentation that maps client data to common formats for system consistency.
• Support compliance requirements and document procedures to adhere to SOX process controls.
• Participate actively in quality assurance and automated testing for all data validation tasks.

Requirements and Qualifications

Education and Experience

• Bachelor’s or Master’s degree in Computer Science, IT, or Software Engineering.
• Approximately 2-4 years of professional work experience within the Life Insurance industry.
• Candidates with a finance or accounting background and technical exposure are preferred.
• Entry-level candidates will be considered if they demonstrate strong motivation to learn.

Skills and Attributes

• Strong ability to work within small teams to analyze information and report on key trends.
• Proven capability in resolving complex data discrepancies through technical tools and techniques.
• Excellent documentation skills to ensure consistency across various reinsurance systems.
• High level of commitment to maintaining data quality and meeting performance goals.
• Ability to thrive in a role requiring high adherence to SOPs and regulatory requirements.

What the Company Looks For

• A meticulous professional who ensures the accuracy and quality of large volumes of client data.
• A proactive individual dedicated to identifying and implementing process improvements.
• A technical expert motivated to help develop office operations and data management practices.

If you are a technical professional ready to drive excellence in reinsurance data operations, we encourage you to apply for this position today!