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For Companies At a Glance
- Tasks: Analyse business needs and optimise reinsurance processes for efficiency.
- Company: Join DXC Technology, a leader in insurance software and services globally.
- Benefits: Enjoy competitive pay, comprehensive benefits, and continuous learning opportunities.
- Why this job: Be part of a dynamic team transforming the insurance industry with innovative solutions.
- Qualifications: Experience in ceded reinsurance and strong analytical skills are essential.
- Other info: Remote work options available; perfect for tech-savvy problem solvers.
The predicted salary is between 36000 - 60000 £ per year.
DXC’s Insurance Software and BPS business provides a range of software and services to the global insurance market including life, wealth, health, commercial and speciality, property and casualty, and reinsurance. DXC is also a key partner of the London Market, providing digital transformation and outsourcing services. DXC’s insurance business has 13,000 domain experts serving 2,000 insurance customers operating in over 100 countries worldwide.
Job Summary – Reinsurance Business Analyst (Ceded Reinsurance / UK market)
We are seeking an experienced Business Analyst with in-depth knowledge of the UK ceded reinsurance market. This role involves analysing client’s business needs, optimizing reinsurance processes, and delivering solutions that enhance operational efficiency through the DXC industry-leading applications.
Key Responsibilities:
- Business Analysis and Stakeholder Engagement: Gather, document, and validate business requirements from stakeholders. Translate business needs into detailed functional and technical specifications. Collaborate with IT and reinsurance departments, and internal teams to ensure alignment on objectives.
- Process Optimization: Analyse existing ceded reinsurance workflows and propose improvements. Design and implement changes to enhance efficiency, reduce costs, and improve data accuracy.
- Ceded reinsurance systems expertise: Knowledge and use of ceded reinsurance systems. Knowledge of Global XLPro, ELGAR or DXC SICScede are a PLUS. Provide technical support and recommendations to enhance the use of these systems.
- Technical Proficiency: Employ SQL Server queries for data manipulation, reporting, and process automation. Work with IT teams to implement system updates and integrations.
- Testing and Validation: Develop and execute test cases to validate system functionality and ensure data integrity. Support user acceptance testing (UAT) and ensure seamless implementation of changes.
- Documentation and Reporting: Prepare comprehensive documentation, including workflows, user guides, and technical specifications. Generate regular reports on system performance, operational metrics, and project milestones.
Qualifications:
- Experience: In depth experience as a Business Analyst in the reinsurance, preferably ceded reinsurance domain, with strong exposure to the UK market. Experience with LORS would be a plus. Experience in leading teams during projects on clients and in project management are advantages.
- Technical Skills: Experience using SQL Server. Familiarity with Global XLPro, ELGAR or DXC SICScede is an advantage. Experience with data migration and data analytics is a plus.
- Soft Skills: Excellent analytical and problem-solving abilities. Strong communication and interpersonal skills for stakeholder engagement. Detail-oriented and adept at managing multiple priorities in fast-paced environments.
What We Offer You:
- Competitive Compensation & Pension Scheme – Rewarding your expertise while securing your future.
- Comprehensive Benefits Package – Including DXC Select, Perks at Work, and incentive programs for exclusive savings and rewards.
- Continuous Learning & Development – Access to upskilling opportunities, career growth resources, and industry-leading training.
- Lifestyle Perks – Enjoy options like the Salary Sacrifice Car Scheme and more.
ISB Reinsurance Business Analyst employer: DXC Technology Inc.
Contact Detail:
DXC Technology Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ISB Reinsurance Business Analyst
✨Tip Number 1
Familiarise yourself with the UK ceded reinsurance market. Understanding the specific challenges and trends in this area will help you engage more effectively with stakeholders and demonstrate your expertise during interviews.
✨Tip Number 2
Brush up on your SQL Server skills. Since the role involves data manipulation and reporting, being able to showcase your technical proficiency with SQL during discussions can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the reinsurance industry. Attend relevant events or join online forums to connect with others in the field. This can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 4
Prepare to discuss process optimisation strategies. Think of examples from your past experience where you've successfully improved workflows or reduced costs, as this aligns closely with the responsibilities of the role.
We think you need these skills to ace ISB Reinsurance Business Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the ISB Reinsurance Business Analyst position. Tailor your application to highlight relevant experience in ceded reinsurance and your familiarity with the UK market.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience as a Business Analyst in the reinsurance domain. Mention specific projects where you optimised processes or improved operational efficiency, especially using tools like SQL Server or ceded reinsurance systems.
Showcase Technical Skills: Clearly outline your technical skills related to the role. If you have experience with Global XLPro, ELGAR, or DXC SICScede, make sure to mention these. Provide examples of how you've used SQL for data manipulation and reporting in past roles.
Craft a Strong Cover Letter: Write a compelling cover letter that connects your background to the job description. Discuss your analytical abilities, problem-solving skills, and how you can contribute to the team at DXC. Make it personal and engaging to stand out from other applicants.
How to prepare for a job interview at DXC Technology Inc.
✨Understand the Ceded Reinsurance Market
Make sure you have a solid grasp of the UK ceded reinsurance market. Be prepared to discuss recent trends, challenges, and opportunities in this area, as it will demonstrate your expertise and relevance for the role.
✨Showcase Your Analytical Skills
Prepare examples of how you've successfully analysed business needs and optimised processes in previous roles. Highlight specific instances where your analytical skills led to improved operational efficiency or cost reductions.
✨Familiarise Yourself with Relevant Systems
If you have experience with Global XLPro, ELGAR, or DXC SICScede, be ready to discuss how you've used these systems in your past work. If not, do some research on them to show your willingness to learn and adapt.
✨Communicate Effectively
Strong communication skills are crucial for this role. Practice articulating your thoughts clearly and concisely, especially when discussing technical concepts. Be prepared to engage with stakeholders and demonstrate your interpersonal skills during the interview.
