Modelling Business Analyst

Our clients Underwriting Modelling team provide a core service to the business and affiliated insurance businesses within the group.

The team are responsible for management of Catastrophe Risk;

• Including pricing contracts
• Maintaining the quarterly portfolio
• Measuring the portfolio against capital tolerances
• Providing data and metrics for outward reinsurance purchase
• Analysing risk exposure and accumulations including submitting RDS returns to clients
• Analysing Business Planning client portfolio, and providing event response and other ad hoc services

Delivering changes to the modelling function within the business, across process, operating model and applications; designing and implementing new or updated applications across Portfolio Management, Exposure Management, CAT Pricing and CAT modelling.

Our client is looking for a senior Business Analyst or Business Architect to work alongside the technical architects to ensure that the overall solution and processes across the different systems and workstreams come together as a coherent whole.

Key responsibilities;

• Liaise extensively with internal and external stakeholders ensuring requirements captured elsewhere are correct and complete
• Maintain an overall to-be process flow and business capability mapping (mappings of business services to functions to applications)
• Ensure that the requirements and design artifacts coming from the differing workstreams are aligned to the process flows and capability mapping
• Challenge requirements on a cost/benefit basis
• Review all "as-is" processes and partner with business teams to update processes to reflect the replacement of existing systems (and associated workarounds)
• Ensure project documentation is kept up to date ensuring regular and timely review and approvals from respective teams is obtained
• Work with business users and testing teams to support the overall testing effort

Critical success factors;:

• Proven ability to build and maintain strong, cohesive working relationships with internal and external stakeholders and user communities
• Strong sense of prioritization and execution against critical deliverables, coupled with a sense of personal ownership for key projects deliverables and dependent systems, to ensure key business outcomes are achieved
• Experience/knowledge of implementing systems in the Exposure management, CAT modelling, technical pricing and portfolio management domains to be able to communicate effectively with the business teams and to challenge where appropriate