Overview
Skills
Job Details
We are
At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,500+, and has 58 offices in 21 countries within key global markets.
Our challenge
We are seeking a Senior Data Analyst (Re)insurance) practices for data management (mapping, validation and transformations), integration, and analysis. This role offers an exciting opportunity to work on cutting-edge technologies, solve complex data challenges, and drive impactful insights that fuel our company's success.
Additional Information*
The base salary for this position will vary based on geography and other factors. In accordance with law, the base salary for this role if filled within NYC, NY is $120K-$130K /year & benefits (see below).
The Role
Responsibilities:
- Bachelor s or Master s degree in Computer Science, Information Systems, or a related field.
- 10+ years of experience in data analysis and data management.
- 5+ years of experience in the (Re)insurance industry, across US Property & Casualty, International Markets and Life, Accident & Health segments.
- Strong capabilities working with the latest business intelligence tools and query tools, specifically Power BI, SQL and Spark.
- Strong understanding of data modelling and data processing frameworks such as SSIS, Python and Databricks.
- Excellent data analysis and data management documentation skills.
- Excellent organizational, written, verbal and presentation skills.
- Excellent critical thinking and analytical abilities, particularly with regards to data management.
- Ability to work individually with limited oversight.
- Strong leadership skills fostering collaboration and driving solutions within a data team.
- Ability to prioritize, multi-task, and maintain flexibility in a fast-paced, changing environment.
- Demonstrated ability to influence and work effectively within a global organization with employees at all levels.
- Motivated, team-oriented, with strong problem-solving and project management skills.
Requirements:
- Become an internal SME taking charge of gaining a deeper understanding of the products and associated data, and making determinations on data interpretation for downstream onboarding, including validating data accuracy and quality.
- Work closely with Program Managers to negotiate and gather the required policy, premium, claims, and risk exposure data from Brokers, MGAs, Coverholders, or TPAs and escalate issues to internal teams where necessary.
- Manage the end-to-end data onboarding process for the Bordereaux Management System (BMS) including but not limited to:
- Analysing and mapping data to verify the accuracy and completeness of data that has been collected. This may involve checking for duplicate entries, missing information, or incorrect figures.
- Work with data engineering teams to integrate data into our Bordereaux Management System (BMS).
- Perform acceptance testing on data that has been loaded to ensure it reconciles to source files and aligns to the mapping and validation rules that have been defined.
- Monitor and address data quality issues to ensure compliance with agreed standards and timelines, either by resolving them internally or contacting partners for corrections.
- Collaborate with our internal Business Intelligence (BI) team and key business stakeholders to develop insights, analytics and reports to:
- Identify trends, potential risks, and areas for improvement with regards to the overall performance of a portfolio.
- Monitor whether Brokers, MGAs, Coverholders, or TPAs are meeting the terms and conditions of the Program Management Agreements (PMA) and Binding Authority Agreements.
- Meet the needs of regulators, reinsurers, market bodies and internal compliance teams, including ISO/ISS, Lloyds, premium tax etc
- Implement continuous improvement processes to increase efficiency, reduce errors and improve oversight & decision making.
- Develop and enforce best practices in areas of master and reference data management, data mapping, data modelling and data integration with regards to the Bordereaux Management System (BMS)
- Ensure process and training documentation in relation to Bordereaux Management Procedures are kept up to date.
- Stay aware of market standards (including ACORD and Lloyds), changes to bordereaux data and processing requirements.
We offer:
- A highly competitive compensation and benefits package.
- A multinational organization with 58 offices in 21 countries and the possibility to work abroad.
- 10 days of paid annual leave (plus sick leave and national holidays).
- Maternity & paternity leave plans.
- A comprehensive insurance plan including medical, dental, vision, life insurance, and long-/short-term disability (plans vary by region).
- Retirement savings plans.
- A higher education certification policy.
- Commuter benefits (varies by region).
- Extensive training opportunities, focused on skills, substantive knowledge, and personal development.
- On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses.
- Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups.
- Cutting edge projects at the world s leading tier-one banks, financial institutions and insurance firms.
- A flat and approachable organization.
- A truly diverse, fun-loving, and global work culture.
SYNECHRON S DIVERSITY & INCLUSION STATEMENT:
Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative Same Difference is committed to fostering an inclusive culture promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.
All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.