IT Business Analyst

Munich Re; Singapore; Hybrid; SGD 70,000 - 90,000; Full time

Job summary

A leading global reinsurer is seeking an experienced IT Business Analyst in Singapore. You will collaborate with business units to align strategies with IT systems, ensuring effective communication and optimal functionality. The ideal candidate has over 5 years in business analysis focused on financial services and strong proficiency in SQL. This role offers a flexible and hybrid working arrangement while providing comprehensive insurance coverage and generous leave.

Benefits

Flexible and hybrid working arrangement

Generous annual leave allowance

Comprehensive dental, life and health insurance coverage

Qualifications

• At least 5 years of experience in business analysis in financial services or insurance.
• Experience supporting Asian markets and proficiency in relevant languages is an advantage.
• Business analyst certification (CBAP, CCBA) is a plus.

Responsibilities

• Align business strategies with IT capabilities to drive outcomes.
• Configure business systems for optimal functionality.
• Conduct data analysis and impact assessments for business decisions.

Skills

Business analysis

SQL proficiency

Interpersonal communication

Problem-solving

Project management methodologies

Education

Tertiary qualifications in IT, (Re-) Insurance, Finance

Tools

Microsoft Office Suite

Job description

We're seeking an experienced IT Business Analyst to join our team in Singapore. As a key player in our business solutions team, you will apply your technical expertise and business acumen to align our IT systems with business strategies, facilitating effective communication between stakeholders and ensuring seamless execution of business processes.

Your Job:

• Collaborate with business units to align their strategies with IT capabilities, driving business outcomes through technology-enabled solutions.
• Configure business systems to meet business and system requirements, ensuring optimal functionality and user experience.
• Conduct impact assessments, data analysis, and data modelling to prepare business decisions and drive process improvements.
• Develop detailed specifications for migrations, interfaces, and reports, and ensure quality assurance of IT business solutions.
• Work closely with the test team to achieve comprehensive test coverage and provide level 3 support for complex system issues.
• Create release notes, user guidelines, and training materials for business applications, and provide training to IT staff as part of knowledge transfer initiatives.

Your Profile:

• Tertiary qualifications in IT, (Re-) Insurance, Finance, or a related field.
• At least 5 years of experience in business analysis, with a focus on financial services or insurance (experience in reinsurance, actuarial, and administration projects is highly valued).
• Experience working in or supporting Asian markets (Japan, China, Hong Kong) and proficiency in the relevant languages will be an advantage.
• Business analyst certification (e.g., CBAP, CCBA) and familiarity with project management methodologies (e.g., PMBOK, Agile, ESSUP) is a plus.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint, Project) and SQL, with the ability to quickly adapt to new systems and tools.
• Strong interpersonal and communication skills, with the ability to engage and influence multiple stakeholders.
• Excellent problem-solving and analytical skills, with a proactive and solution-driven approach.
• Familiarity with global reinsurance administration systems (e.g., FS-RI, GDW), data management, life systems, and accounting systems.
• Knowledge of IT service management frameworks (e.g., ITI)
• Flexible and hybrid working arrangement
• Generous annual leave allowance
• Comprehensive dental, life and health insurance coverage

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.