Business Analyst – Reinsurance

Role: Techno-Functional Business Analyst – Reinsurance

Location: New Jersey, NJ

Duration: Contract (Remote)

Job description:

We are seeking a Techno-Functional Business Analyst with reinsurance domain experience to support the implementation of a unified, cloud-based reinsurance platform. The role will work across business and technology teams to define requirements, improve processes, support integrations, and ensure successful delivery across the end-to-end reinsurance lifecycle.

Key Responsibilities:

•            Gather, analyze, document, and prioritize functional, data, reporting, integration, and non-functional requirements.

•            Act as the bridge between underwriting, operations, claims, finance, technology, and platform/vendor teams.

•            Support assumed reinsurance processes including submission intake, underwriting, rating, treaty/contract issuance, and post-bind administration.

•            Support ceded reinsurance processes including treaty setup, cessions, recoverables, settlements, retrocession, panel allocations, and capacity-provider reporting.

•            Define requirements for proportional and non-proportional treaty structures.

•            Document and support premium and loss bordereaux ingestion, validation, processing, exception handling, and reporting.

•            Support requirements for billing, financial processing, technical accounting, reserves, claims, and reconciliation.

•            Define data mappings, business rules, validation controls, and integration requirements with policy administration, claims, finance, and enterprise systems.

•            Develop user stories, process maps, functional specifications, acceptance criteria, and test scenarios.

•            Coordinate UAT, support defect triage, validate solutions, and assist with business readiness and rollout.

•            Support operational dashboards, financial reporting, analytics, audit trails, and multi-currency/foreign exchange requirements.

•            Identify opportunities to standardize processes, reduce spreadsheet dependency, and improve data quality and automation.

Required Experience & Skills:

•            8+ years of experience as a Business Analyst, Systems Analyst, Product Owner, or Techno-Functional Consultant.

•            Strong experience in insurance or reinsurance, preferably in both assumed and ceded reinsurance operations.

•            Good understanding of treaty reinsurance, bordereaux, cessions, recoverables, settlements, retrocession, technical accounting, and claims.

•            Experience in reinsurance platform implementation or modernization programs.

•            Strong knowledge of requirements gathering, process mapping, user stories, UAT, data analysis, and system integrations.

•            Experience working with finance, underwriting, claims, operations, and technology stakeholders.

•            Familiarity with cloud-based SaaS solutions and Microsoft Azure environments is preferred.

•            Exposure to multi-entity, multi-currency, international business, financial controls, and audit requirements is desirable.

•            Strong stakeholder management, analytical, communication, and problem-solving skills.

Preferred:

• Experience with INTX Re, ReinsureConnect, or comparable reinsurance administration platforms.
• Knowledge of APIs, file-based integrations, data migration, SQL, Excel, Power BI, or similar reporting tools.
• Experience working in Agile or hybrid project delivery environments.