At a Glance
- Tasks: Join a major reinsurance integration programme and optimise critical processes.
- Company: Dynamic insurance firm with a focus on innovation and collaboration.
- Benefits: Competitive daily rates, hybrid or remote work options, and contract flexibility.
- Other info: Opportunity to work in a fast-paced environment with strong career growth potential.
- Why this job: Make a real impact in the reinsurance sector while enhancing your analytical skills.
- Qualifications: Proven experience as a Business Analyst in insurance/reinsurance and familiarity with SAP FS-RI.
Location: London (Hybrid) or Fully Remote
Engagement Type: 3 month initial contract
Rates: Inside IR35
- Junior BA: £525/day
- Senior BA: £575/day
Overview
We are seeking experienced Business Analysts to join a major reinsurance integration programme, supporting the design and implementation of critical processes across reinsurance systems. This role will focus on functional analysis, system integration, and end-to-end process optimisation across underwriting, accounting, and reporting.
Key Responsibilities
- Internal Reinsurer Rating & Contract Documentation
- Design and enhance internal reinsurer rating frameworks
- Develop, maintain, and quality assure reinsurance contract documentation (treaty & facultative)
- Define and map:
- Contract parameters
- Clauses and structures
- Support system implementation (e.g., SAP FS-RI or similar platforms)
- Integration: Primary Insurance ↔ Reinsurance Systems
- Analyse and deliver integration solutions between:
- Policy administration systems
- Premium systems
- Claims systems
- Reinsurance platforms
- Define and document:
- Data models
- Interfaces & mappings
- Reconciliation processes
- Ensure data quality, consistency, and auditability across systems
Functional Experience (Desirable)
- Hands-on experience in at least one of the following:
- Underwriting (risk analysis, underwriting workflows)
- Ceded Reinsurance / Retrocession
- Technical Accounting (booking, settlement, reconciliation within reinsurance)
Target Profile - Senior Business Analyst
- Strong track record as a BA within insurance/reinsurance programmes
- Experience with SAP FS-RI or similar reinsurance systems
- Deep expertise in:
- Requirements gathering & analysis
- Functional design
- End-to-end (E2E) process design across underwriting, accounting, and reporting
- Proven delivery experience in:
- Data & integration projects
- Interfaces, mappings, and data reconciliation
- Strong stakeholder management across business, IT, and finance teams
- Experience facilitating workshops and driving outcomes
- Familiarity with Agile frameworks (Scrum / SAFe)
- Structured documentation and strong delivery focus
- German language skills highly advantageous
Candidate Submission Expectations
Candidate profiles should clearly demonstrate:
- Practical, hands-on experience (day-to-day functional responsibilities)
- Project contributions (role, scope, and deliverables)
- Exposure to:
- Reinsurance platforms (e.g., FS-RI)
- Interfaces, data mapping, and integrations
- Clear indication of seniority level, including:
- Ownership of workstreams
- Decision-making involvement
- Leadership or coordination responsibilities
Senior Business Analyst in Re-Insurance Integration in London employer: TXP
Join a dynamic team in London as a Senior Business Analyst, where you will play a pivotal role in a major reinsurance integration programme. Our company fosters a collaborative work culture that values innovation and professional growth, offering competitive rates and the flexibility of hybrid or fully remote work options. With a strong focus on employee development and a commitment to excellence, we provide a unique opportunity to contribute to critical processes while advancing your career in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Analyst in Re-Insurance Integration in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your functional analysis and integration skills. Be ready to discuss your hands-on experience with systems like SAP FS-RI. We want to see you shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t forget to tailor your approach! When you apply through our website, make sure to highlight your specific experience in underwriting, accounting, and reporting. Show us how your background aligns perfectly with the role of Senior Business Analyst.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in the interviewer's mind. Plus, it’s a great chance to reiterate why you’re the perfect fit for the team!
We think you need these skills to ace Senior Business Analyst in Re-Insurance Integration in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Business Analyst role. Highlight your experience with reinsurance systems and any relevant projects you've worked on. We want to see how your skills match what we're looking for!
Showcase Your Experience:In your application, clearly outline your hands-on experience in functional analysis and system integration. Use specific examples to demonstrate your expertise in data mapping and reconciliation processes. This helps us see your practical knowledge!
Be Clear and Concise:When writing your application, keep it clear and to the point. Avoid jargon unless it's relevant to the role. We appreciate straightforward communication that gets right to the heart of your qualifications.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at TXP
✨Know Your Reinsurance Stuff
Make sure you brush up on your knowledge of reinsurance systems, especially SAP FS-RI or similar platforms. Be ready to discuss your hands-on experience with underwriting, technical accounting, and integration solutions. This will show that you’re not just familiar with the concepts but have actually worked with them.
✨Showcase Your Analytical Skills
Prepare to demonstrate your functional analysis skills by discussing specific projects where you gathered requirements and designed processes. Use examples that highlight your ability to optimise end-to-end processes across underwriting, accounting, and reporting. This will help the interviewers see your analytical prowess in action.
✨Engage with Stakeholders
Since stakeholder management is key for this role, think of instances where you successfully facilitated workshops or drove outcomes. Be ready to explain how you navigated different perspectives and ensured everyone was on the same page. This will illustrate your communication and leadership abilities.
✨Be Agile and Adaptable
Familiarity with Agile frameworks like Scrum or SAFe is a plus, so be prepared to discuss how you've applied these methodologies in your previous roles. Share examples of how you adapted to changes during projects and how it benefited the overall outcome. This shows you can thrive in dynamic environments.
