Senior Business Analyst, Reinsurance
Senior Business Analyst, Reinsurance

Senior Business Analyst, Reinsurance

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Drive innovation and efficiency in reinsurance systems through analysis and collaboration.
  • Company: SiriusPoint is a leading global insurance and reinsurance company focused on intelligent growth and technology innovation.
  • Benefits: Enjoy a supportive culture, opportunities for continuous learning, and a chance to make a real impact.
  • Why this job: Join a dynamic team committed to excellence and transforming the insurance industry with innovative solutions.
  • Qualifications: Bachelor’s degree and 5-8 years of experience in business analysis, preferably in reinsurance.
  • Other info: Diversity, equity, and inclusion are at the core of our values, fostering a collaborative environment.

The predicted salary is between 43200 - 72000 £ per year.

Senior Business Analyst , Reinsurance

Bermuda/ New York / London

Who We Are

SiriusPoint is a global insurance and reinsurance company created from the merger of Third Point Re and Sirius International Insurance Group. We are a top global (re)insurer writing a worldwide portfolio of businesses including Accident & Health, Liability, Property and Specialty.

Bermuda-headquartered and listed on the New York Stock Exchange (NYSE: SPNT), we are looking at ways to grow intelligently, underwrite profitably, and drive technology innovation in the insurance industry.

We challenge convention, disrupt the traditional way of doing things, and devise new and better solutions. We strive to be excellent in everything we do , and we always strive to continuously build knowledge and learn beyond our current skillsets.
Join Our Team

You will be our Senior Business Analyst , Reinsurance responsible for driving innovation, standardization and efficiency within our Re insurance systems .

The successful candidate will have demonstrated excellent analytical and problem-solving skills , be solution driven , and possesses the ability to collaborate effectively with cross-functional teams. This individual will be a n integral part of the Rei nsurance Portfolio team , who is committed to excellence and who will support and contribute to an environment of continuous improvement. The role reports to the VP, Reinsurance Product Leader .

Your responsibilities will include:

  • Analyze and document business processes and workflows and identify areas for system improvement.
  • Elicit and define requirements for new features, enhancements and system integrations.
  • Act as the subject matter expert for SICS (DXC Reinsurance system) , providing guidance and recommended best practices.
  • Develop and maintain detailed business process models, use cases, functional specifications and any other required deliverables as part of the Project Management and SDLC process.
  • Manag e user story development documenting requirements and success criteria clearly .
  • Facilitate workshops , interviews and user sessions to gather detailed requirements and feedback.
  • Conduct gap analys es and propose solutions to bridge business needs with IT capabilities.
  • Work with QA teams to develop test cases and validate system performance.
  • Provide expert-level training and support for Re insurance applications and tools , ensuring their optimal performance and availability.
  • Develop and maintain comprehensive documentation for application support processes and procedures.
  • Work with the Product Leader to execute product strategies that align with the company’s vision and goals.
  • Assist the Product Leader with overseeing the entire product lifecycle from ideation to launch, ensuring products meet business needs and regulatory requirements.
  • Collaborate with Enterprise Architecture and on the design of solutions.
  • Stay current with industry trends and best practices, applying them to enhance our IT solutions.

United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint . We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Values are at the heart of our business, and which guide every day actions and decision making.

  • Integrity: Integrity, respect and trust are our core principles
  • Customer Focused: Our customers are the reason we exist
  • Solution Driven: Creating solutions is our mindset
  • Diversity: Diversity, inclusion and allyship make us stronger
  • Collaboration: Collaboration drives our performance

Your skills and abilities should include:

  • Bachelor’s degree in Business , IT or related a related field.
  • Minimum 5 -8 years of experience in business analysis, systems development, and business process management ideally within the Reinsurance industry.
  • Minimum 5 y ears of experience in SICS.
  • Demonstrated track record with driving process improvements and facilitating transformation initiatives .
  • Strong written, verbal, and graphic communication skills, including the ability to effectively communicate technical information to varying audiences
  • Motivated, innovative, team-oriented, with strong problem-solving and project management skills.
  • Excellent critical thinking and analytical abilities, particularly with regards to business process management.
  • Ability to be a self-starter , prioritize, multi-task, and maintain flexibility in a fast-paced, changing environment.
  • Having a service-oriented mindset when working with individuals across the organization

We Achieve More Together

We value and support the unique voices, backgrounds, lifestyles, and contributions of a diverse global employee base that contributes to our culture every day. Diversity, Equity, Inclusion, and Belonging (DEI&B) is imperative to our success.

We are building an environment that e mbeds DEI&B into everything we do and enables us to unlock critical drivers of equality, innovation, and success. We want everyone to be included, valued, respected, and supported to unleash their full potential.

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Senior Business Analyst, Reinsurance employer: SiriusPoint Ltd.

SiriusPoint is an exceptional employer that fosters a culture of collaboration, innovation, and continuous improvement, making it an ideal place for a Senior Business Analyst in Reinsurance. With a commitment to employee growth and a supportive environment, we empower our team members to excel while driving meaningful change in the insurance industry. Located in Bermuda, New York, and London, we offer unique opportunities to work in dynamic markets, alongside diverse talent, all while contributing to our mission of providing security and resilience in an uncertain world.
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Contact Detail:

SiriusPoint Ltd. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Business Analyst, Reinsurance

✨Tip Number 1

Familiarise yourself with the SICS (DXC Reinsurance system) as it's a key requirement for this role. Understanding its functionalities and best practices will not only help you in interviews but also demonstrate your commitment to the position.

✨Tip Number 2

Network with professionals in the reinsurance industry, especially those who have experience in business analysis. Engaging in conversations can provide insights into the company culture at SiriusPoint and may even lead to referrals.

✨Tip Number 3

Stay updated on the latest trends and innovations in the insurance and reinsurance sectors. Being knowledgeable about current industry challenges and solutions will allow you to speak confidently about how you can contribute to SiriusPoint's goals.

✨Tip Number 4

Prepare to discuss specific examples of how you've driven process improvements in your previous roles. Highlighting your problem-solving skills and ability to collaborate with cross-functional teams will resonate well with the hiring managers.

We think you need these skills to ace Senior Business Analyst, Reinsurance

Business Process Analysis
Requirements Elicitation
SICS (DXC Reinsurance System) Expertise
Project Management
Gap Analysis
User Story Development
Stakeholder Engagement
Documentation Skills
Training and Support
Analytical Skills
Problem-Solving Skills
Communication Skills
Collaboration Skills
Adaptability
Critical Thinking

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in business analysis and the reinsurance industry. Emphasise your skills in process improvement and any specific experience with SICS, as these are crucial for the role.

Craft a Compelling Cover Letter: In your cover letter, express your passion for innovation and collaboration. Mention how your background aligns with SiriusPoint's values, particularly in integrity and customer focus, and provide examples of how you've driven solutions in previous roles.

Showcase Analytical Skills: Use specific examples to demonstrate your analytical and problem-solving skills. Discuss past projects where you successfully identified areas for improvement and implemented effective solutions, especially in a fast-paced environment.

Highlight Communication Abilities: Since strong communication skills are essential for this role, include instances where you've effectively communicated technical information to diverse audiences. This will show your ability to collaborate with cross-functional teams.

How to prepare for a job interview at SiriusPoint Ltd.

✨Understand the Reinsurance Landscape

Before your interview, make sure you have a solid grasp of the reinsurance industry. Familiarise yourself with current trends, challenges, and innovations in the sector. This will not only show your enthusiasm but also demonstrate your commitment to staying informed.

✨Showcase Your Analytical Skills

As a Senior Business Analyst, your analytical skills are crucial. Prepare examples from your past experiences where you've successfully analysed business processes or identified areas for improvement. Be ready to discuss how you approached these situations and the outcomes.

✨Prepare for Technical Questions

Given the emphasis on SICS and other technical systems, expect questions that assess your technical knowledge. Brush up on your understanding of SICS and be prepared to discuss best practices and how you've used this system in previous roles.

✨Emphasise Collaboration and Communication

SiriusPoint values collaboration across teams. Be prepared to share examples of how you've worked effectively with cross-functional teams. Highlight your communication skills, especially in translating technical information for non-technical stakeholders.

Senior Business Analyst, Reinsurance
SiriusPoint Ltd.
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