Senior Business Analyst (Reinsurance)

Job Title: Senior Business Analyst (Reinsurance)
Contract Type: Contract
Location: New York, USA
Salary: US$60 - US$65 per hour
Job list.duration: 12 months
REF: RM 2801_1507675179
Contact Name: Rashid Morad
Contact Email:
Job Published: 12 months ago

Job Description


This position is within the Change Management Team which is responsible for reinsurance system management and supporting the operational processing groups on the business side. The team's primary focus is on supporting the Finance and Reinsurance processes within the firm and currently there is a significant amount of change being undertaken within these areas which require teams to support the design and execution of the changes required to migrate the firm from its current operating model to a new target operating model.

This position is a Senior Business Analyst role spanning the reinsurance functions of the firm.

Position Description

  • Develop business requirements for enhancements, projects and process improvement initiatives
  • Review requirement and design documents with IT team and ensure requirements are met
  • Develop test scenarios supporting the business requirement document and test scripts supporting UAT
  • Execute test scripts with off shore resources and review test results
  • Develop user process and procedure documentation
  • Ensure SOX testing compliance for projects and enhancements
  • Manage the project issues, risks, dependencies and change control processes including compilation, analysis, and formulating recommendations
  • Facilitate project / enhancement stakeholder meetings
  • Design, develop, and publish training materials and training support to business users
  • Perform gap, impact and risk analysis to address issues identified and meet requirements presented by the users
  • Perform analysis to identify root cause of problems and propose solutions to the issues identified
  • Work with partners (IT, Operations, Underwriting, Claims and Finance) to develop and implement solutions

Position Requirements

  • Insurance and reinsurance experience required
  • Experience in business analysis of large, complex, and evolving processes.
  • Proven ability to work both independently and within a team environment
  • 5 - 7 years of experience
  • Ability to navigate in a very complex and dynamic team environment
  • Previous experience with software development projects, system implementations and knowledge of reinsurance systems.
  • Knowledge of the Project Management Life Cycle (PMLC) and Software Development Life Cycle (SDLC).
  • Excellent organizational and problem solving skills.
  • Ability to recognize issues requiring escalation.
  • Strong analytical, technical, communication, writing, and presentation skills with expertise using PC for documentation, e.g., MS Project, Excel, Visio, and PowerPoint
  • Functional knowledge of and experience with ERP (SAP) and/or mainframe systems
  • At least basic knowledge of General Ledger systems and accounting concepts