Reinsurance Business Analyst at AON – London, England, United Kingdom

Dataleum; London; Hybrid; GBP 45,000 - 75,000; Full time

Job summary

An innovative firm is seeking an experienced Reinsurance Business Analyst to join their dynamic team. This hybrid role offers the flexibility to work from anywhere in the UK while focusing on enhancing the SICS application to support critical business processes in reinsurance. The ideal candidate will have a strong grasp of reinsurance concepts, excellent analytical skills, and experience in the insurance industry. This position promises to be rewarding, with opportunities to implement process improvements and collaborate with cross-functional teams, making a significant impact in the reinsurance domain.

Qualifications

• Strong understanding of reinsurance processes and terminology.
• Experience in configuring SICS and managing business changes.

Responsibilities

• Maintain and enhance the SICS application for reinsurance processes.
• Collaborate with business users to ensure data integrity.

Skills

Reinsurance concepts

SICS software configuration

Insurance & Reinsurance industry experience

Analytical skills

Problem-solving skills

Communication skills

Organizational skills

Tools

SICS

Policy Admin System

Job description

Aon are looking to recruit an experienced Reinsurance Business Analyst to join our team in the UK. This is a Hybrid position and can be based anywhere in the UK

The DXC SICS Application Analyst is responsible for maintaining and enhancing the DXC SICS (Swiss Insurance Claims System) application to support business processes in reinsurance and insurance claims management. The role involves configuring the application, troubleshooting issues, and collaborating with business users to ensure seamless operation and data integrity within the reinsurance domain.

What the day will look like

• Excellent understanding of Reinsurance concepts, process and terminology
• Proficiency in SICS or similar reinsurance software configuration.
• Experience working in the Insurance & Reinsurance industry.
• Understanding of (Re)insurance across key areas of underwriting, claims and accounting
• Understanding of the different types of (Re)insurance agreements
• Knowledge of reinsurance treaties, contracts, and claims processes.
• Experience working with Policy Admin System implementations & GL Integrations
• SICS / Assure knowledge highly desirable.
• Captive Insurance management
• Experience managing Business Change
• Strong analytical and problem-solving skills.
• Excellent organizational skills and attention to detail.
• Strong communication skills for collaboration and stakeholder management.

Skills and experience that will lead to success

• Configuration of SICS reinsurance software.
• Training of users to use SICS reinsurance software system.
• Review, analyse and resolve SICS system related issues.
• Assist users with complex contact analysis and capture in the SICS application.
• Test new systems upgrades, log defects, manage these through to resolution.
• Provide recommendations for process improvements and system enhancements.
• Ensure compliance with regulatory requirements and company policies.
• Work closely with cross-functional teams, including underwriting, actuarial, and finance.
• Provide training and guidance on SICS processes to new team members.