Reinsurance Business Analyst
$84.4k - $156.8kDXC Technology
Job Description: DXC Technology is a leading global technology services provider helping enterprises accelerate business transformation through technology, data, and AI. We deliver innovative solutions across Managed Services, Application Modernization, Cloud, Security, and Industry Software. Our mission is to help clients modernize systems, optimize operations, and drive business outcomes at scale. DXC's Insurance Software and Business Process Services (ISB) organization empowers insurers worldwide to transform and manage their core operations through specialized software platforms, deep insurance expertise, and AI-enabled solutions. Supporting Life & Annuity, Property & Casualty, and Specialty insurance markets, DXC is a recognized leader in policy administration, claims, billing, analytics, and digital insurance transformation. As a Senior Reinsurance Business Analyst, you will play a critical role in helping global insurers optimize complex reinsurance operations, modernize business processes, and maximize the value of DXC's market-leading reinsurance solutions. Position Summary The Reinsurance Business Analyst serves as a trusted advisor to insurance and reinsurance clients, providing expertise in business process design, operational transformation, and technology enablement. This individual partners with business stakeholders, product specialists, and technical teams to analyze requirements, improve operational efficiency, and support the implementation and enhancement of reinsurance systems. The ideal candidate combines deep reinsurance industry knowledge with strong business analysis and consulting skills and possesses hands-on experience with DXC SICS or comparable reinsurance administration platforms. Key Responsibilities
- Serve as a subject matter expert (SME) for reinsurance operations, treaty administration, accounting, reporting, and business process optimization.
- Analyze, document, and improve end-to-end reinsurance processes to enhance operational efficiency, compliance, data quality, and customer outcomes.
- Collaborate with business stakeholders, including reinsurance administrators, underwriters, actuaries, finance teams, and IT organizations, to gather and define business requirements.
- Translate business needs into functional specifications, user stories, process models, and solution recommendations.
- Partner with product, development, and implementation teams to ensure requirements are accurately designed, developed, tested, and deployed.
- Support configuration, enhancement, implementation, and migration activities involving DXC SICS or equivalent reinsurance platforms.
- Perform impact assessments, gap analyses, and solution evaluations for business and system changes.
- Conduct data validation, reconciliation, and reporting analysis to ensure the integrity of reinsurance transactions and financial reporting.
- Lead or support User Acceptance Testing (UAT), including test strategy development, test case creation, execution, defect tracking, and business sign-off.
- Develop business process documentation, operating procedures, training materials, and implementation guides.
- Deliver training, knowledge transfer sessions, and ongoing support to clients and internal teams.
- Monitor industry trends, regulatory developments, and market practices to recommend process and technology improvements.
- Act as a trusted consultant to clients, providing guidance on best practices and operational transformation initiatives.
- Bachelor's degree in Business Administration, Finance, Insurance, Risk Management, Information Systems, or a related discipline. Equivalent experience will be considered.
- 10+ years of experience within the reinsurance industry, including operational, business analysis, consulting, or transformation-related roles.
- Strong understanding of facultative and treaty reinsurance concepts, administration, accounting, reporting, and operational workflows.
- Hands-on experience with reinsurance administration systems; DXC SICS experience strongly preferred.
- Demonstrated experience gathering requirements and translating business needs into functional solutions.
- Strong analytical and problem-solving capabilities with exceptional attention to detail.
- Experience supporting software implementation, enhancement, migration, or transformation initiatives.
- Excellent written and verbal communication skills with the ability to engage executive and operational stakeholders.
- Proven ability to manage multiple priorities and deliver results in a fast-paced, client-focused environment.
- Experience working within Agile, Waterfall, or hybrid project delivery methodologies.
- Previous consulting experience supporting insurance or reinsurance clients.
- Experience with reinsurance accounting, financial reporting, and data reconciliation processes.
- Understanding of regulatory and compliance requirements impacting the insurance and reinsurance industry.
- Experience working with global delivery teams and cross-functional stakeholders.
- Knowledge of data analysis and reporting tools.
- Professional designations such as ARe, CPCU, ARM, or equivalent insurance industry certifications.
- Master's degree in Business, Finance, Insurance, or related field.
- Trusted advisor to clients and internal stakeholders.
- Successful delivery of reinsurance transformation and system enhancement initiatives.
- Improved operational efficiency, data quality, and business outcomes for insurance clients.
- Strong partnership between business and technology teams to drive solution adoption and long-term value.
Vacancy posted 1 day ago
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