Hiring Technical Business Systems Analyst (P&C Insurance and Reinsurance experience is a must-have) role on a W2 / 1099 Independent Contractor / Corp-to-Corp basis. Professionals suitable for the opportunity below may send their up-to-date resumes to Sriram.Parasa@brainhunter.com
Requirement Summary
Job Role/Title: Technical Business Systems Analyst
Job Duration: Initial contract of 4 months, with good possibilities of further extension and potential to convert to direct hire (permanent position).
Job Location: Morris Plains, New Jersey, United States.
Remote-Work Options: Can work remotely (EST business hours).
Role/Job Summary: Seeking an experienced Business Analyst with deep knowledge of the Property and Casualty Insurance and Reinsurance industry. The ideal candidate will work closely with cross-functional teams to analyze business processes, gather requirements, and provide recommendations that drive operational efficiency and improve business outcomes in Reinsurance.
The Technical BSA will be performing the major functions listed below. The position may require additional duties/responsibilities that may not be outlined below, and specific functions are subject to change:
Requirement Gathering & Analysis:
Work with stakeholders to gather and document business requirements related to reinsurance policies, claims, and underwriting processes.
Conduct workshops, interviews, and focus groups to understand client needs and translate them into functional specifications.
Process Improvement:
Analyze existing reinsurance business processes and identify areas for improvement in operational efficiency.
Recommend solutions to streamline reinsurance workflows, including policy administration, claims handling, risk management, and reporting.
System Implementation & Testing:
Collaborate with IT teams and third-party vendors to implement reinsurance software solutions.
Define user stories, functional requirements, and technical specifications.
Assist in system configuration and integration with other insurance platforms.
Participate in user acceptance testing (UAT) and ensure that the system meets business needs.
Data Analysis & Reporting:
Analyze reinsurance data, including premium, loss ratios, and risk exposure.
Create and maintain dashboards and reports to provide insights to management for decision-making.
Ensure data integrity and compliance with industry standards and regulations.
Stakeholder Management:
Serve as a liaison between business users, IT teams, and external reinsurance partners.
Communicate complex business and technical concepts to stakeholders at various levels.
Compliance & Regulatory Requirements:
Ensure that all reinsurance processes and systems comply with regulatory requirements and industry standards.
Keep up-to-date with changes in regulations impacting reinsurance and update internal processes as necessary.
Documentation & Training:
Create comprehensive documentation, including business requirements, process flows, and user guides.
Provide training to end-users on new systems and processes.
Qualifications and Key Skillset for this Role
Educational Background: Bachelor's degree in Business, Finance, Insurance, or a related field.
An advanced degree or Professional Certifications (e.g., CBAP / PMP / Agile Certifications / Project Risk Management / similar) is a plus.
Industrial Certifications like Reinsurance certifications (e.g., Associate in Reinsurance (ARe), or property and Casualty Insurance Certifications, or AINS-24 (General Insurance for IT and Support Professionals), or similar are a big plus
Must-Have Relevant Experience:
Minimum 10+ years of experience as a Business Analyst/Business Systems Analyst, especially within the Property and Casualty Insurance or Reinsurance domain.
Minimum 5+ years of end-to-end Project Management and Project Delivery experience.
Strong understanding of reinsurance concepts, including treaty and facultative reinsurance, pricing models, risk management, and claims handling.
Technical Skills:
Experience with P&C Insurance / Reinsurance administration systems (e.g., SAP FS-RI, SICS, Guidewire/Duck Creek Implementation, etc.).
Strong proficiency in data analysis tools (e.g., Excel, SQL, Power BI, or similar).
Familiarity with software development life cycle (SDLC) methodologies such as Agile or Waterfall.
Soft Skills:
Excellent problem-solving and analytical thinking.
Strong communication and interpersonal skills.
Ability to work independently and manage multiple priorities.
Professional/Industrial Certifications:
Certified Business Analysis Professional (CBAP) / Professional Risk Manager (PRM) / Agile Certified Professional / Certified Scrum Master (CSM) / Project Management Professional (PMP)
Industrial Certifications are a big plus: Reinsurance certifications (e.g., Associate in Reinsurance (ARe), or property and Casualty Insurance Certifications, or AINS-24 (General Insurance for IT and Support Professionals), or similar
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How to Apply: Please email me your up-to-date Resume/CV at Sriram.Parasa@brainhunter.com
We appreciate all the applicants' interest in working with us, however, only those candidates shortlisted for the next steps in the hiring process will be contacted.
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