Business Analyst

A leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. One of the largest Managing General Underwriters globally, its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions.

The role involves working with highly motivated niche insurance teams that deal in complicated and innovative transactions. As a Business Analyst, you will be instrumental in driving business growth and operational efficiency. Your role will sit within the Systems and Data team, working closely with various teams and MGA clients across the platform to deliver new processes and system developments. You will be key to ensuring that solutions are well designed and maintainable, and the development process is well governed throughout.

The successful candidate will not only bring core Business Analysis skills but is expected to possess a good level of technical knowledge and ideally an understanding of the insurance industry, allowing them to proactively contribute to the analysis of opportunities and the design and implementation of solutions when delivering changes or projects across the business.

Key accountabilities

• Requirements Gathering and Analysis: Collaborate with stakeholders to comprehensively understand and document business objectives, processes, and requirements. Conduct thorough analysis to pinpoint gaps, opportunities, and areas for improvement.
• Data Analysis and Reporting: Leverage advanced analytical tools and techniques to extract, analyse, and interpret complex data sets. Generate comprehensive reports and intuitive dashboards to support informed decision-making processes.
• Process Analysis & Documentation: Conduct "AS-IS" analysis and design of the "TO-BE" processes, data flows and operating models. Responsible for facilitating workshops with external and internal stakeholders from across the organisation. Production of high quality deliverables e.g. process maps, user journeys and wireframes.
• Opportunity Analysis - triage: Work with business SMEs to analyse the feasibility, potential costs and benefits of opportunities identified. Conduct technical and feasibility analysis of existing systems and potential technology solutions as they relate to new change and project requests.
• Communication and Stakeholder Management: Analyse roles and responsibilities for project delivery and prepare appropriate RACI analysis. Ensure issues are identified, analysed and resolution options are clearly communicated to the project manager and stakeholders. Ensure progress is clearly communicated to project managers across the wider group where relevant.

Skills & experience

• 3-4 years demonstrable Business Analysis experience in the insurance industry.
• A curious and analytical mindset, with a willingness to learn and take advantage of opportunities.
• Strong influencing and decision-making skills, showing clear leadership when it comes to driving out the definition of a problem and its solution.
• Excellent communication, negotiation, and interpersonal skills with an ability to challenge stakeholders in a constructive manner.
• Demonstrated ability to adapt to changing priorities and manage multiple projects simultaneously.
• University degree in Business Administration, Finance, Information Technology, or related disciplines.
• Industry Standard Business Analysis credentials and CII qualifications.