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- Tasks: Analyse client needs and optimise reinsurance processes for efficiency.
- Company: DXC Consulting & Engineering Services provides innovative solutions to the global insurance market.
- Benefits: Enjoy competitive pay, comprehensive benefits, and continuous learning opportunities.
- Why this job: Join a collaborative team focused on impactful solutions in a dynamic industry.
- Qualifications: Experience in reinsurance analysis and proficiency in SQL Server required.
- Other info: Flexible work model promoting wellbeing and inclusivity.
The predicted salary is between 36000 - 60000 £ per year.
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Job Description
DXC’s
Job Description
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
- 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.
- 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.
At DXC Technology, we believe strong connections and community are key to our success. Our work model prioritizes in-person collaboration while offering flexibility to support wellbeing, productivity, individual work styles, and life circumstances. We’re committed to fostering an inclusive environment where everyone can thrive.
Recruitment fraud is a scheme in which fictitious job opportunities are offered to job seekers typically through online services, such as false websites, or through unsolicited emails claiming to be from the company. These emails may request recipients to provide personal information or to make payments as part of their illegitimate recruiting process. DXC does not make offers of employment via social media networks and DXC never asks for any money or payments from applicants at any point in the recruitment process, nor ask a job seeker to purchase IT or other equipment on our behalf. More information on employment scams is available here.
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Research, Analyst, and Information Technology
-
Industries
IT Services and IT Consulting
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ISB Reinsurance Business Analyst employer: DXC Consulting & Engineering Services
Contact Detail:
DXC Consulting & Engineering Services 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 during interviews.
✨Tip Number 2
Brush up on your SQL Server skills, as technical proficiency is crucial for this role. Consider working on sample projects or exercises that involve data manipulation and reporting to showcase your abilities.
✨Tip Number 3
Network with professionals in the reinsurance industry, especially those familiar with Global XLPro, ELGAR, or DXC SICScede. Building connections can provide insights and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss your experience in process optimisation and stakeholder engagement. Be ready to share specific examples of how you've improved workflows or collaborated with teams to achieve business goals.
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 the UK ceded reinsurance 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've optimised processes or improved operational efficiency, especially using SQL Server or relevant systems like Global XLPro or ELGAR.
Showcase Technical Skills: Clearly outline your technical skills in your application. Include your proficiency with SQL Server, data analytics, and any experience with ceded reinsurance systems. This will demonstrate your capability to handle the technical aspects of the role.
Craft a Strong Cover Letter: Write a compelling cover letter that connects your background to the job description. Discuss your analytical and problem-solving abilities, and how they align with the needs of DXC Consulting & Engineering Services. Make it personal and engaging to stand out.
How to prepare for a job interview at DXC Consulting & Engineering Services
✨Understand the Ceded Reinsurance Market
Make sure you have a solid grasp of the UK ceded reinsurance market. Familiarise yourself with key concepts, trends, and challenges in this area, as well as how they relate to DXC's offerings.
✨Showcase Your Technical Skills
Be prepared to discuss your experience with SQL Server and any relevant systems like Global XLPro or ELGAR. Highlight specific examples of how you've used these tools to solve problems or improve processes.
✨Prepare for Stakeholder Engagement Questions
Expect questions about how you gather and validate business requirements. Think of examples where you've successfully collaborated with stakeholders to translate their needs into actionable solutions.
✨Demonstrate Problem-Solving Abilities
Be ready to discuss past experiences where you've identified inefficiencies and proposed improvements. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.
