What are the responsibilities and job description for the Senior Business Analyst – Reinsurance only P&C experience position at Arkhya Tech. Inc.?
Position Title
Business Analyst – Reinsurance only P&C experience
Domain EXP
(Finance/Insurance Domain)
Location
100 corporate center dr, Warren, NJ 07059, Hybrid
Employment Type
C2C
Role Summar
yWe are seeking a Reinsurance Business Analyst to support transformation initiatives across underwriting, claims, and portfolio management functions. The role will work closely with business stakeholders, actuarial teams, and technology partners to define requirements, drive solution design, and enable data-driven decision-making within a global reinsurance environment
.
Key Responsibiliti
es1. Business & Functional Analys
- isElicit and document requirements acros
- s:Treaty reinsurance (property & casualty, specialty line
- s)Facultative placement process
- esClaims and loss reserving workflo
- wsTranslate business needs int
- o:Functional specificatio
- nsUser stories and acceptance criter
- iaProcess models (L2/L
3)
2. Reinsurance Domain Cover
- ageSupport core reinsurance process
- es:Underwriting & risk assessm
- entPricing & actuarial inp
- utsBordereaux management and exposure track
- ingClaims lifecycle and recover
- iesWork with business teams
- to:Optimize combined ratios and profitability metr
- icsEnable improved catastrophe risk modeling and portfolio visibil
ity
3. Data & Analytics Enable
- mentDefine requirements
- for:Exposure data ingestion (cedents, brok
- ers)Claims and catastrophe data mo
- delsPortfolio analytics dashbo
- ardsCollaborate with Data & AI teams
- to:Enable predictive analytics (loss forecasting, reserv
- ing)Support underwriting decision augmenta
- tionEnsure alignment with enterprise data architecture and govern
ance
4. Technology & Platform Integr
- ationWork on implementation or enhancemen
- t of:Reinsurance administration platforms (e.g., SICS, Guidewire RI, custom sys
- tems)Data platforms (cloud, data lake, analytics too
- ling)Sup
- port:API/interface definitions (brokers, cedents, actuarial sys
- tems)Integration across underwriting, claims, and finance sy
stems
5. Transformation & Change Mana
- gementSupport enterprise transformation programs incl
- uding:Operating model re
- designProcess automation and digiti
- zationAI/GenAI use cases across underwriting and
- claims
- Drive:Impact asse
- ssmentStakeholder ali
- gnmentUAT coordination and rollout s
upport
6. Regulatory & Compliance Al
- ignmentEnsure adhere
- nce to:Solvency / regulatory reporting requi
- rementsData governance and audit c
- ontrolsSupport documentation for audit and compliance re
adiness
Required Qualif
- ications20 years of experience in insurance / reinsurance business
- analysisStrong exper
- tise in:Treaty and facultative reinsurance p
- rocessesP&C and special
- ty linesProven experi
- ence in:Requirements gathering and BRD/FRD
- creationAgile deliver
- y modelsStrong stakeholder management
- across:Unde
- rwritingA
- ctuari
- alClaimsData/
IT teams
Preferred Quali
- ficationsExperie
- nce with:Reinsurance platforms (Guidewire RI, SICS, Duck Creek, proprietary
- systems)Data/analytics initiatives (cloud, AI/ML u
- se cases)Familiar
- ity with:Catastrophe model
- ing toolsExposure and portfolio analytics f
rameworks
- Key SkillsReinsurance domain depth (Treaty, Facultativ
- e, Claims)Data analysis an
- d modelingProcess mapping & op
- timizationStakeholder communication (busine
- ss tech)Agile/Scru
m delivery