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For Companies At a Glance
- Tasks: Analyse client needs and optimise reinsurance processes for efficiency.
- Company: Join DXC, a leader in insurance software and services with a global reach.
- Benefits: Enjoy competitive pay, comprehensive benefits, and lifestyle perks like a car scheme.
- Why this job: Be part of a dynamic team driving digital transformation in the insurance industry.
- Qualifications: Experience in ceded reinsurance and strong SQL skills are essential.
- Other info: Opportunities for continuous learning and career growth await you!
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
Contact Detail:
DXC Technology 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, as data manipulation and reporting are key components of the role. Being able to showcase your technical proficiency in SQL during discussions can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the reinsurance industry, especially those familiar with systems like Global XLPro or ELGAR. Building connections can provide insights into the company culture and may even lead to referrals.
✨Tip Number 4
Prepare to discuss your experience with process optimisation and stakeholder engagement. Be ready to share specific examples of how you've improved workflows or collaborated with teams to achieve project 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 your relevant experience in the ceded reinsurance market.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience as a Business Analyst, particularly in the reinsurance sector. Mention any specific projects or achievements that demonstrate your expertise in process optimisation and stakeholder engagement.
Showcase Technical Skills: Make sure to include your technical skills, especially your proficiency with SQL Server and any experience with ceded reinsurance systems like Global XLPro or ELGAR. This will help you stand out as a candidate who can contribute immediately.
Craft a Compelling Cover Letter: Write a cover letter that not only summarises your qualifications but also conveys your enthusiasm for the role and the company. Use specific examples to illustrate how your skills align with the job description and how you can add value to DXC.
How to prepare for a job interview at DXC Technology
✨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 well as how they might impact the role you're applying for.
✨Showcase Your Analytical Skills
As a Business Analyst, your analytical abilities are crucial. Prepare examples from your past experience where you've successfully analysed business needs and implemented solutions that improved processes or efficiency.
✨Familiarise Yourself with Relevant Systems
If you have experience with Global XLPro, ELGAR, or DXC SICScede, be ready to discuss it. If not, do some research on these systems and be prepared to explain how you would approach learning them quickly.
✨Prepare for Stakeholder Engagement Scenarios
Expect questions about how you engage with stakeholders. Think of specific instances where you've gathered requirements or collaborated with teams, and be ready to share how you navigated any challenges.
