Senior Reinsurance Business Systems Analyst

Senior Reinsurance Business Systems Analyst

Locations: Jersey City, NJ/Parsippany, NJ/New York, NY

Duration: 6 Months

Rate Range: $37 - $49/Hour on W2 (All inclusive)

Note: Applicants must be willing to work on W2

Must Have Technical/Functional Skills

• Strong expertise in Reinsurance domain – Treaty, Facultative, Proportional & Non Proportional reinsurance.
• Hands on experience with requirements gathering, BRD/FSD creation, process flows, and gap analysis.
• Proficiency in SQL, data analysis, and validating premium/claims/bordereaux data.
• Strong understanding of reinsurance accounting (ceded premium, loss recoverable, statements of accounts).
• Experience with UAT/SIT – test planning, test case creation, execution, and defect management.
• Familiarity with reinsurance systems (SAP FS RI, SAPIENS SRM Genius or similar) and upstream/downstream integrations.

Roles & Responsibilities

• Collaborate with business stakeholders to gather, refine, and translate requirements into functional/technical specifications.
• Lead analysis and solution design for reinsurance processes, system enhancements, and BAU items.
• Perform detailed data validation, mapping, and root-cause analysis for premium/claims movements.
• Prepare process documents, workflows, and functional artefacts; facilitate requirement walkthroughs.
• Coordinate SIT/UAT cycles, ensuring quality delivery and traceability from requirements to test results.
• Act as a liaison between business, IT, vendors, and cross-functional teams to ensure alignment and timely delivery.

Generic Managerial Skills, If Any

• Strong communication skills for stakeholder management across business, IT, and leadership groups.
• Ability to manage multiple workstreams, prioritize tasks, and deliver within timelines.
• Problem-solving mindset with attention to detail and ability to work independently.
• Ability to mentor junior team members and support knowledge transfer.
• Experience in Agile/Scrum ceremonies and backlog management.

Skills

• Business Analysis, Reinsurance, PL/SQL

Experience Required

• 10 Years & Above

Company Benefits & Culture

• Inclusive and diverse work environment
• Opportunities for professional growth and development
• Comprehensive health and wellness benefits