Senior Business Analyst in Re-Insurance Integration

Business Analyst (Reinsurance Integration)

Location: London (Hybrid) or Fully Remote
Engagement Type: 3 month initial contract
Rates: Inside IR35

• Junior BA: £525/day
• Senior BA: £575/day

Overview

We are seeking experienced Business Analysts to join a major reinsurance integration programme, supporting the design and implementation of critical processes across reinsurance systems. This role will focus on functional analysis, system integration, and end-to-end process optimisation across underwriting, accounting, and reporting.

Key Responsibilities

Internal Reinsurer Rating & Contract Documentation

• Design and enhance internal reinsurer rating frameworks
• Develop, maintain, and quality assure reinsurance contract documentation (treaty & facultative)
• Define and map:
• Contract parameters
• Clauses and structures
• Support system implementation (e.g., SAP FS-RI or similar platforms)

Integration: Primary Insurance ↔ Reinsurance Systems

• Analyse and deliver integration solutions between:
• Policy administration systems
• Premium systems
• Claims systems
• Reinsurance platforms
• Define and document:
• Data models
• Interfaces & mappings
• Reconciliation processes
• Ensure data quality, consistency, and auditability across systems

Functional Experience (Desirable)

Hands-on experience in at least one of the following:

• Underwriting (risk analysis, underwriting workflows)
• Ceded Reinsurance / Retrocession
• Technical Accounting (booking, settlement, reconciliation within reinsurance)

Target Profile - Senior Business Analyst

• Strong track record as a BA within insurance/reinsurance programmes
• Experience with SAP FS-RI or similar reinsurance systems
• Deep expertise in:
• Requirements gathering & analysis
• Functional design
• End-to-end (E2E) process design across underwriting, accounting, and reporting
• Proven delivery experience in:
• Data & integration projects
• Interfaces, mappings, and data reconciliation
• Strong stakeholder management across business, IT, and finance teams
• Experience facilitating workshops and driving outcomes
• Familiarity with Agile frameworks (Scrum / SAFe)
• Structured documentation and strong delivery focus
• German language skills highly advantageous

Candidate Submission Expectations

Candidate profiles should clearly demonstrate:

• Practical, hands-on experience (day-to-day functional responsibilities)
• Project contributions (role, scope, and deliverables)
• Exposure to:
• Reinsurance platforms (e.g., FS-RI)
• Interfaces, data mapping, and integrations
• Clear indication of seniority level, including:
• Ownership of workstreams
• Decision-making involvement
• Leadership or coordination responsibilities