Senior Business Analyst, Insurance Industry
About the position We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. The Senior Business Analyst with expertise in Assumed Reinsurance and hands-on experience with the DXC-SICS application provides strategic and operational guidance to staff, management, and project teams within the reinsurance domain. This role requires deep functional knowledge of assumed reinsurance processes and best practices, as well as a comprehensive understanding of the DXC-SICS platform to support end-to-end business analysis, system enhancements, and process optimization. This role will have a Hybrid work schedule, with the expectation of working in an office 3 days a week (Tuesday through Thursday).
Responsibilities
- Serve as the primary liaison between business stakeholders and IT teams to gather, analyze, and document requirements specific to Assumed Reinsurance operations.
- Assumed Reinsurance processes, terminology, and regulatory landscape.
- Leverage knowledge of DXC-SICS and translate business needs into system specifications, ensuring alignment with organizational objectives and regulatory requirements.
- Evaluate current reinsurance workflows and identify opportunities for automation, efficiency improvements, and risk mitigation within the DXC-SICS environment.
- Guide project teams in developing solutions and strategies that address complex business challenges, leveraging both reinsurance and technical expertise.
- Mentor and support team members in eliciting requirements, selecting analysis approaches, and identifying process gaps.
- Design and facilitate collaborative sessions, workshops, and meetings to drive consensus, resolve conflicts, and achieve actionable outcomes.
- Continuously assess the effectiveness of business analysis techniques and adjust methodologies to optimize results.
- Support vendor management activities related to the reinsurance applications, including upgrades, integrations, and issue resolution.
- Prepare and deliver presentations to management and stakeholders, conveying complex technical and business concepts in clear, actionable terms.
- Leads organized planning sessions with stakeholders to create clear project objectives, workplan, delivery phases, resource allocation and business engagement plans
- Ability to assist with testing proposed changes in a thorough and timely manner.
- Raises issues and concerns to appropriate level of management in a timely manner, including suggesting options for resolution.
Requirements
- Extensive hands-on experience in Reinsurance, with a strong emphasis on Assumed Reinsurance operations within property & casualty or life/health insurance environments.
- Bachelor’s degree with at least seven years of diverse IT and business analysis experience, with a strong track record in the reinsurance industry.
- Demonstrated expertise in Assumed Reinsurance processes, terminology, and regulatory landscape.
- Strong analytical, judgment, and problem-solving skills, with the ability to synthesize complex information and provide actionable recommendations.
- Exceptional communication, leadership, presentation, and conflict resolution abilities.
- Proven experience facilitating cross-functional teams, driving change, and delivering results in a fast-paced environment.
- Fluency in vendor management and experience collaborating with third-party technology providers.
- Candidate must be authorized to work in the US without company sponsorship.
- The company will not support the STEM OPT I-983 Training Plan endorsement for this position.
Nice-to-haves
- Experience with the DXC-SICS application (configuration, data migration during implementation) preferred.
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