Details:
- Salary: £525 - 575 - Day
- Location: London
- Date: 1 month ago
Description:
Business Analyst (Reinsurance Integration)
Location: London (Hybrid) or Fully Remote
Engagement Type: 3 month initial contract
Rates: Inside IR35
Junior BA: £525/day
Senior BA: £575/day
Overview
We are seeking experienced Business Analysts to join a major reinsurance integration programme, supporting the design and implementation of critical processes across reinsurance systems. This role will focus on functional analysis, system integration, and end-to-end process optimisation across underwriting, accounting, and reporting.
Key Responsibilities
Internal Reinsurer Rating & Contract Documentation
Design and enhance internal reinsurer rating frameworks
Develop, maintain, and quality assure reinsurance contract documentation (treaty & facultative)
Define and map:
Contract parameters
Clauses and structures
Support system implementation (e.g., SAP FS-RI or similar platforms)
Integration: Primary Insurance ↔ Reinsurance Systems
Analyse and deliver integration solutions between:
Policy administration systems
Premium systems
Claims systems
Reinsurance platforms
Define and document:
Data models
Interfaces & mappings
Reconciliation processes
Ensure data quality, consistency, and auditability across systems
Functional Experience (Desirable)
Hands-on experience in at least one of the following:
Underwriting (risk analysis, underwriting workflows)
Ceded Reinsurance / Retrocession
Technical Accounting (booking, settlement, reconciliation within reinsurance)
Target Profile - Senior Business Analyst
Strong track record as a BA within insurance/reinsurance programmes
Experience with SAP FS-RI or similar reinsurance systems
Deep expertise in:
Requirements gathering & analysis
Functional design
End-to-end (E2E) process design across underwriting, accounting, and reporting
Proven delivery experience in:
Data & integration projects
Interfaces, mappings, and data reconciliation
Strong stakeholder management across business, IT, and finance teams
Experience facilitating workshops and driving outcomes
Familiarity with Agile frameworks (Scrum / SAFe)
Structured documentation and strong delivery focus
German language skills highly advantageous
Candidate Submission Expectations
Candidate profiles should clearly demonstrate:
Practical, hands-on experience (day-to-day functional responsibilities)
Project contributions (role, scope, and deliverables)
Exposure to:
Reinsurance platforms (e.g., FS-RI)
Interfaces, data mapping, and integrations
Clear indication of seniority level, including:
Ownership of workstreams
Decision-making involvement
Leadership or coordination responsibilities