Business Process Analyst

Ocean International Reinsurance; Bogotá; Hybrid; COP 153,356,592 - 230,034,888; Full time

Benefits offered by this job

Competitive salary with performance-based incentives

Private medical insurance

Group life insurance

Opportunities for career growth

Dynamic work environment

Job summary

A prominent reinsurance company in Bogotá is seeking a skilled Business Process Analyst to enhance processes across its value chain. The ideal candidate will have 5-6 years of experience in reinsurance/insurance operations and a strong analytical background. You will map and optimize workflows, ensuring efficiency and transparency while collaborating with various teams. This role offers competitive pay, professional development opportunities, and a hybrid work environment.

Qualifications

• 5-6 years’ experience in reinsurance or insurance operations.
• Strong understanding of insurance underwriting, accounting flows, and claims concepts.
• Proficiency in analytical tools and techniques.

Responsibilities

• Analyze and optimize reinsurance processes across the value chain.
• Map, document, and analyze processes in Underwriting, Claims, Finance.
• Facilitate workshops to define 'as-is' and 'to-be' workflows.

Skills

Analytical skills

Process modeling

Stakeholder management

Communication skills

Collaborative mindset

Education

Bachelor’s degree in Business, Engineering, or Finance

Tools

MS Office

Visio

Power BI

Job description

Business Process Analyst

We are a dynamic and growing reinsurance company committed to delivering tailored risk solutions across global markets. With 18+ years, A- ratings (AM Best & Fitch), and a global footprint, we’re a trusted, agile partner for complex risks.

What we’re looking for

As our Business Process Analyst you will analyze and optimize reinsurance processes across the entire value chain, ensuring alignment, transparency, and efficiency across functions. This role is ideal for someone who thrives in a collaborative, cross-functional environment and enjoys translating complex operational workflows into actionable improvements.

Main responsibilities

• Map, document, and analyze reinsurance processes across the full value chain (Underwriting, Claims, Finance, Reserving, etc.)
• Identify process gaps, control weaknesses, and opportunities for improvement
• Facilitate workshops with cross-functional teams to define “as-is” and “to-be” workflows
• Support system integration and automation initiatives
• Monitor process performance and efficiency
• Contribute to the design and implementation of governance and documentation frameworks
• Organize and deliver training sessions for process and changes

Essential qualifications, skills and experience

• Bachelor’s degree in Business, Engineering, Finance, or related discipline
• 5-6 years’ experience in reinsurance or insurance operations, with exposure to all functions across the value chain
• Strong analytical and process modeling skills (BPMN, Visio, or similar)
• Understanding of insurance underwriting, accounting flows, and claims concepts
• Excellent stakeholder management and communication skills
• English (spoken and written)
• Proficiency in MS Office

Desirable (Nice to have)

• Lean Six Sigma certification (Green/Black Belt) or equivalent
• Experience with VISIO tool and the SIPOC mapping
• Familiarity with regulatory standards
• Experience with data analysis and visualization tools (e.g., Power BI, Excel)

Personal Attributes

• Process-oriented, structured, and analytical
• Strong facilitator who builds collaboration and drives results
• Curious mindset, proactive in identifying and solving root causes

Our promise to you

• Competitive salary with performance-based incentives
• Opportunities for career growth and professional development
• Exposure to international markets and global clients
• A collaborative and dynamic work environment alongside industry experts
• Private medical insurance
• Group life insurance
• Hybrid working environment

Who We Are

Oceanre is a leading reinsurance provider, specializing in life, health, property & casualty, personal accident, cargo, surety, and motor insurance solutions. We partner with global insurers, brokers, and corporate clients to deliver innovative and optimal risk transfer programs. Our commitment to discipline, transparency, and consistency in underwriting and claims handling makes us a trusted name in the industry.

Our Culture

At Oceanre, we honour the promises we make to our regional clients by supporting the creation of new capabilities to address their evolving needs. We empower our team to take initiative, think strategically, and drive impactful solutions. Our diverse and inclusive work environment fosters continuous learning and relationship-building, while our financial strength and solvency allow us to expand and aim for more.

Join us and shape the future of reinsurance

Are you ready to shape the future of reinsurance? Be bold.