Job Summary
We are seeking an experienced Techno-Functional Business Analyst with strong reinsurance domain expertise to support the implementation of a unified, cloud-based reinsurance platform. The role involves working across business and technology teams to define requirements, improve processes, support system integrations, and ensure successful delivery across the end-to-end reinsurance lifecycle. The ideal candidate will have 8+ years of experience as a Business Analyst, Systems Analyst, Product Owner, or Techno-Functional Consultant, along with expertise in reinsurance administration platforms, solution design, requirements analysis, and integration strategy. Strong knowledge of assumed and ceded reinsurance operations, treaty structures, financial processing, and technical accounting is essential.
Key Responsibilities
• Gather, analyze, document, and prioritize functional, data, reporting, integration, and non-functional requirements.
• Act as a bridge between underwriting, operations, claims, finance, technology, and platform or vendor teams.
• Support assumed reinsurance processes, including submission intake, underwriting, rating, treaty or contract issuance, and post-bind administration.
• Support ceded reinsurance processes, including treaty setup, cessions, recoverables, settlements, retrocession, panel allocations, and capacity-provider reporting.
• Define requirements for proportional and non-proportional treaty structures.
• Document and support premium and loss bordereaux ingestion, validation, processing, exception handling, and reporting.
• Support requirements for billing, financial processing, technical accounting, reserves, claims, and reconciliation.
• Define data mappings, business rules, validation controls, and integration requirements for policy administration, claims, finance, and other enterprise systems.
• Develop user stories, process maps, functional specifications, acceptance criteria, and test scenarios.
• Coordinate User Acceptance Testing (UAT), support defect triage, validate solutions, and assist with business readiness and rollout.
• Support operational dashboards, financial reporting, analytics, audit trails, and multi-currency and foreign exchange requirements.
• Identify opportunities to standardize processes, reduce spreadsheet dependency, improve data quality, and increase automation.
• Align reinsurance platform capabilities with business requirements and contribute to end-to-end solution design.
• Support integration strategy, stakeholder alignment, solution estimation, and implementation planning.
Required Qualifications
• 8+ years of experience as a Business Analyst, Systems Analyst, Product Owner, or Techno-Functional Consultant.
• Expertise in reinsurance commercial off-the-shelf (COTS) products such as SAP FS-RI, Sapiens Re, or similar platforms, including the ability to align product capabilities with business needs.
• Strong reinsurance domain knowledge, including the ability to define business vision, identify required capabilities, and map business requirements to target solutions.
• Experience leading or contributing to end-to-end solution design, integration strategy, stakeholder alignment, and estimation.
• Strong experience in insurance or reinsurance, preferably across both assumed and ceded reinsurance operations.
• Good understanding of treaty reinsurance, bordereaux, cessions, recoverables, settlements, retrocession, technical accounting, and claims.
• Experience with reinsurance platform implementation or modernization programs.
• Strong knowledge of requirements gathering, process mapping, user stories, UAT, data analysis, and system integrations.
• Experience collaborating with finance, underwriting, claims, operations, and technology stakeholders.
• Strong stakeholder management, analytical, communication, and problem-solving skills.
Preferred Qualifications
• Familiarity with cloud-based SaaS solutions and Microsoft Azure environments.
• Experience with INTX Re, ReinsureConnect, or comparable reinsurance administration platforms.
• Knowledge of APIs, file-based integrations, data migration, SQL, Excel, Power BI, or similar reporting tools.
• Exposure to multi-entity and multi-currency operations, international business, financial controls, and audit requirements.
• Experience working in Agile or hybrid project delivery environments.
