Job title: Techno-Functional Business Analyst Reinsurance Domain Expert
Location: Remote (CST or EST consultant )
Duration: 12+ months
Job Summary
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.
- Reinsurance COTS Product Expert – Expertise in FS-RI(SAP), Sapiens Re, or similar platforms, with the ability to align product capabilities to business needs.
- Reinsurance Domain Expert – Strong reinsurance domain knowledge to define business vision, capture capabilities, and map requirements to the target solution.
- Solution Architect – Lead end-to-end solution design, integration strategy, stakeholder alignment, and estimation support.
- 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.
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.