Reinsurance Business Analyst at AON – London, England, United Kingdom
Reinsurance Business Analyst at AON – London, England, United Kingdom

Reinsurance Business Analyst at AON – London, England, United Kingdom

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our team as a Reinsurance Business Analyst, enhancing and maintaining the SICS application.
  • Company: Aon is a leading global professional services firm, dedicated to risk management and insurance solutions.
  • Benefits: Enjoy hybrid working, flexible hours, and opportunities for professional development.
  • Why this job: Be part of a dynamic team, making an impact in the reinsurance industry with innovative technology.
  • Qualifications: Experience in reinsurance, strong analytical skills, and proficiency in SICS or similar software required.
  • Other info: This role offers a chance to collaborate with cross-functional teams and drive process improvements.

The predicted salary is between 36000 - 60000 £ per year.

Aon are looking to recruit an experienced Reinsurance Business Analyst to join our team in the UK. This is a Hybrid position and can be based anywhere in the UK.

The DXC SICS Application Analyst is responsible for maintaining and enhancing the DXC SICS (Swiss Insurance Claims System) application to support business processes in reinsurance and insurance claims management. The role involves configuring the application, troubleshooting issues, and collaborating with business users to ensure seamless operation and data integrity within the reinsurance domain.

What the day will look like:

  • Excellent understanding of Reinsurance concepts, process and terminology
  • Proficiency in SICS or similar reinsurance software configuration
  • Experience working in the Insurance & Reinsurance industry
  • Understanding of (Re)insurance across key areas of underwriting, claims and accounting
  • Understanding of the different types of (Re)insurance agreements
  • Knowledge of reinsurance treaties, contracts, and claims processes
  • Experience working with Policy Admin System implementations & GL Integrations
  • SICS / Assure knowledge highly desirable
  • Captive Insurance management
  • Experience managing Business Change
  • Strong analytical and problem-solving skills
  • Excellent organizational skills and attention to detail
  • Strong communication skills for collaboration and stakeholder management

Skills and experience that will lead to success:

  • Configuration of SICS reinsurance software
  • Training of users to use SICS reinsurance software system
  • Review, analyse and resolve SICS system related issues
  • Assist users with complex contact analysis and capture in the SICS application
  • Test new systems upgrades, log defects, manage these through to resolution
  • Provide recommendations for process improvements and system enhancements
  • Ensure compliance with regulatory requirements and company policies
  • Work closely with cross-functional teams, including underwriting, actuarial, and finance
  • Provide training and guidance on SICS processes to new team members

Reinsurance Business Analyst at AON – London, England, United Kingdom employer: Dataleum

Aon is an exceptional employer that fosters a collaborative and innovative work culture, offering employees the flexibility of a hybrid working model from anywhere in the UK. With a strong focus on professional development, Aon provides ample opportunities for growth within the insurance and reinsurance sectors, alongside competitive benefits that support work-life balance and employee well-being.
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Contact Detail:

Dataleum Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reinsurance Business Analyst at AON – London, England, United Kingdom

Tip Number 1

Familiarise yourself with the DXC SICS application and its functionalities. Understanding how to configure and troubleshoot this software will give you a significant edge during interviews, as it shows your proactive approach and readiness to contribute from day one.

Tip Number 2

Network with professionals in the reinsurance industry, especially those who have experience with SICS or similar systems. Engaging in conversations can provide insights into the role and may even lead to referrals, which can be incredibly beneficial for landing the job.

Tip Number 3

Brush up on your knowledge of reinsurance agreements and claims processes. Being able to discuss these topics confidently will demonstrate your expertise and understanding of the industry, making you a more attractive candidate.

Tip Number 4

Prepare to showcase your analytical and problem-solving skills through real-world examples. During interviews, be ready to discuss specific challenges you've faced in previous roles and how you resolved them, particularly in relation to software configuration and user training.

We think you need these skills to ace Reinsurance Business Analyst at AON – London, England, United Kingdom

Reinsurance Concepts
SICS Software Configuration
Insurance & Reinsurance Industry Experience
Underwriting Knowledge
Claims Management
Accounting Principles in (Re)insurance
Reinsurance Treaties and Contracts
Policy Administration Systems Implementation
General Ledger Integrations
Captive Insurance Management
Business Change Management
Analytical Skills
Problem-Solving Skills
Organisational Skills
Attention to Detail
Communication Skills
Stakeholder Management
User Training and Support
System Testing and Defect Management
Process Improvement Recommendations
Regulatory Compliance

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Reinsurance Business Analyst position. Familiarise yourself with the DXC SICS application and its relevance in reinsurance.

Tailor Your CV: Highlight your experience in the insurance and reinsurance industry, particularly any work with SICS or similar software. Emphasise your analytical skills and any relevant projects that showcase your problem-solving abilities.

Craft a Compelling Cover Letter: In your cover letter, explain why you're a great fit for Aon. Mention specific experiences that relate to the job description, such as your understanding of reinsurance concepts and your ability to manage business change.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your documents are clear, concise, and free from typos, as attention to detail is crucial for this role.

How to prepare for a job interview at Dataleum

Showcase Your Reinsurance Knowledge

Make sure to brush up on your understanding of reinsurance concepts, processes, and terminology. Be prepared to discuss specific types of reinsurance agreements and how they impact claims management.

Demonstrate Technical Proficiency

Highlight your experience with SICS or similar reinsurance software. Be ready to explain how you've configured applications in the past and any troubleshooting you've done to resolve issues.

Emphasise Analytical Skills

Prepare examples that showcase your strong analytical and problem-solving skills. Discuss how you've approached complex issues in previous roles and the outcomes of your solutions.

Communicate Effectively

Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, especially when discussing collaboration with cross-functional teams and stakeholder management.

Reinsurance Business Analyst at AON – London, England, United Kingdom
Dataleum
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  • Reinsurance Business Analyst at AON – London, England, United Kingdom

    London
    Full-Time
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-05-25

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    Dataleum

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