Business Analyst (Reinsurance) - Insurance Consulting

Cognizant; London; On-site; GBP 55,000 - 85,000; Full time

Job summary

An established industry player is seeking a dynamic Business Analyst with expertise in Reinsurance and General Insurance. This role offers a unique opportunity to work within a high-energy consulting team, delivering impactful business and technology solutions to leading clients in the UK and Europe. You will engage with clients to understand their needs, facilitate workshops, and drive complex transformation programs. If you thrive in a collaborative environment and are passionate about making a difference, this position is perfect for you.

Qualifications

• Experience in Reinsurance and General Insurance sectors.
• Strong analytical skills with the ability to bridge business and technology.

Responsibilities

• Provide end-to-end Business Analysis services to Insurance clients.
• Lead workshops for gathering and validating business requirements.

Skills

Reinsurance knowledge

Business Analysis

Agile methodologies

Data analysis

Client relationship management

Project lifecycle management

Communication skills

Education

Degree in Business or related field

Business Analysis certification (ISEB)

Tools

MS Visio

MS Office Suite

SQL

Job description

Business Analyst (Reinsurance) - Insurance Consulting

Join to apply for the Business Analyst (Reinsurance) - Insurance Consulting role at Cognizant

Business Analyst (Reinsurance) - Insurance Consulting

Join to apply for the Business Analyst (Reinsurance) - Insurance Consulting role at Cognizant

Get AI-powered advice on this job and more exclusive features.

The Company

Cognizant (NASDAQ:CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant has over 340,000 employees as of January 2024. Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 1000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world.

The Company

Cognizant (NASDAQ:CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant has over 340,000 employees as of January 2024. Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 1000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world.

Cognizant Insurance Consulting

Cognizant’s Insurance Consulting unit is seeking talented consultants with extensive business analysis and consultative experience of executing large scale business change and IT solutions for General Insurance UK & European Insurance clients. This role provides an opportunity to join a rapidly growing, high energy and entrepreneurial team working with leading UK & Europe based Insurance clients.

Work within a high energy and entrepreneurial Business & Technology Consulting Practice providing end to end Business Analysis services to UK & Ireland based Insurance clients.

The role will focus on providing Re-Insurance clients with excellent business & technology Business Analysis services while at the same time contribute to delivering a major Global Reinsurance program. It will also entail developing strong customer relationship and be a ‘Go-To’ person that client wants to bring back for future engagements.

Essential Skills & Experience

• Strong experience in Reinsurance / General Insurance
• Extensive or expert level Reinsurance knowledge is must
• Knowledge / work experience across reinsurance value chain
• Performed Business Analysis roles on complex Business & Technology Transformation Programmes, within Insurance clients; assisting them achieve their business, technology, strategic and operational goals
• Lead program discovery and analysis workshops.
• Able to gather, prioritize, analyze, specify and validate requirements including the facilitation & co-ordination of user workshops
• Previous experience in effectively defining problem/scope, gathering/analyzing data, and structuring recommendations, creating presentations, and making compelling recommendations to clients
• An appreciation for both business and technical requirements and the ability to bridge the gap between the two
• Full project life-cycle experience Business Analysis experience - with demonstrable knowledge of different project life cycles: waterfall, agile; with hands on experience in agile (Scrum)
• Experience of working in matrix environment and able to provide examples of proactively building and winning trust of relevant business/IT stakeholders
• Previous experience of working in a similar capacity in other Consultancy or Insurance Industry
  
  

Personal Attributes

• A ‘best practice practitioner’ Business Analyst (BA), with outstanding full project lifecycle Business Analysis skills
• Able to work on simultaneous projects
• Comfortable working in a team, building strong relationships with clients and colleagues as well as on your own
• Stay aligned with Reinsurance business strategy, provide suggestions to improve solution, and assist with direction of roadmap.
• Comfortable facilitating workshops, e.g. to develop business requirements
• Organized and able to prioritize competing responsibilities
• Excellent engagement, communication skills (both written and verbal) and numeracy skills, able to deliver a concise message
• Proficient in use of MS Visio and MS office suite, specifically excel
• Self-motivated, actively seeks responsibility and driven to achieve results
• Ability to challenge the status quo and disrupt thinking, suggesting viable alternatives
• Creative thinker, able to quickly analyze complex problems and identify appropriate solutions underpinned by logic and analytic approach
• Open-minded and pragmatic, willing to work with the tools available on assignment, or build them from scratch if required
• Demonstrable accuracy and attention to detail
• Ability to work independently and ensure successful delivery of assigned tasks
• Ability to work effectively under pressure and to tight deadlines
• Degree educated or have a recognized business professional qualification
• Willing to Travel to client sites across UK &I Mon-Friday
• Contribution to Development of Practice:
• Support practice management activities such as Proposition or Solution Development, Community & Communications, Sales & Operations Management
• Contribute to Insurance / Reinsurance Industry thought provoking ‘points of view’ or ‘white papers’
  
  

Desirable Skills & Experience

• Experience of working in Reinsurance COTS product like Sapiens or SAP
• Experience of working within Agile delivery environments
• Experience of working in global delivery environment and with distributed teams
• Experience in configuring off the shelf system and integration with the existing applications
• Formal Business Analysis (ISEB), Insurance domain accreditation
• Experience of working with SQL scripting and data analysis is desirable
  
  

Industry Experience

Re insurance / General Insurance and corresponding functional domains.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Research, Analyst, and Information Technology

• Industries

  IT Services and IT Consulting and Business Consulting and Services

Referrals increase your chances of interviewing at Cognizant by 2x

Sign in to set job alerts for “Business Analyst” roles.

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.