Reinsurance Business Analyst
DXC Technology · United States · 25d ago
Job Description:
DXC Technology is a leading global technology services provider helping enterprises accelerate business transformation through technology, data, and AI. We deliver innovative solutions across Managed Services, Application Modernization, Cloud, Security, and Industry Software. Our mission is to help clients modernize systems, optimize operations, and drive business outcomes at scale.
DXC's Insurance Software and Business Process Services (ISB) organization empowers insurers worldwide to transform and manage their core operations through specialized software platforms, deep insurance expertise, and AI-enabled solutions. Supporting Life & Annuity, Property & Casualty, and Specialty insurance markets, DXC is a recognized leader in policy administration, claims, billing, analytics, and digital insurance transformation.
As a Senior Reinsurance Business Analyst, you will play a critical role in helping global insurers optimize complex reinsurance operations, modernize business processes, and maximize the value of DXC's market-leading reinsurance solutions.
Position Summary:
The Reinsurance Business Analyst serves as a trusted advisor to insurance and reinsurance clients, providing expertise in business process design, operational transformation, and technology enablement. This individual partners with business stakeholders, product specialists, and technical teams to analyze requirements, improve operational efficiency, and support the implementation and enhancement of reinsurance systems.
The ideal candidate combines deep reinsurance industry knowledge with strong business analysis and consulting skills and possesses hands-on experience with DXC SICS or comparable reinsurance administration platforms.
Reinsurance Business Analyst Job Description
Essential Job Functions:
• Support the functional implementation of an out-of-the-box reinsurance administration application, aligning business needs with standard product capabilities.
• Act as a liaison between business stakeholders, project leadership, and the implementation team for all functional design and delivery matters.
• Support requirements elicitation, process analysis, and fit-gap assessments across core reinsurance functions, including treaty and facultative administration, claims, technical accounting, cash/accounting, reporting, and close processes.
• Define target business processes, operating procedures, and functional requirements with a strong focus on adopting standard application functionality and minimizing customization.
• Translate business requirements into clear functional specifications, configuration guidance, user stories, process flows, and acceptance criteria for product, development, and QA teams.
• Support functional workshops, solution walkthroughs, and decision-making sessions with client stakeholders and subject matter experts.
• Partner with technical teams on integration, data conversion, and reporting requirements to ensure end-to-end solution alignment.
• Support application configuration, reference data setup, and validation of business rules in collaboration with product and technical teams.
• Support functional testing activities, including test scenario design, system integration testing support, user acceptance testing, defect triage, and business sign-off.
• Support client readiness through training, documentation, cutover planning, and post-go-live stabilization activities.
• Stay current on reinsurance market practices, regulatory considerations, and packaged solution capabilities to guide implementation decisions.
Basic Qualifications:
• Bachelor’s degree
• Typically 3+ years of relevant experience as a business analyst or functional lead, including significant experience in insurance or reinsurance system implementations
• Strong domain knowledge of reinsurance administration processes, including treaty and facultative business, claims, technical accounting, cash management, and financial/reporting workflows
• Demonstrated experience supporting functional implementation workstreams for packaged or out-of-the-box enterprise applications
• Experience in requirements gathering, fit-gap analysis, process design, functional specifications, and business stakeholder facilitation
• Experience supporting data migration, integration design, and end-to-end testing in complex enterprise implementations
• Strong analytical, problem-solving, and decision-making skills with the ability to evaluate impacts across business processes and system functions
• Excellent verbal and written communication skills, including the ability to present to senior stakeholders and facilitate cross-functional workshops
• Familiarity with Agile, iterative, or hybrid delivery approaches and with tools used for requirements and test management
Other Qualifications:
• Experience with commercial reinsurance administration platforms or policy administration systems is required. Experience with DXC’s SICS Reinsurance Administration application is a strong plus.
• Knowledge of ceded, assumed, and retrocession processes, including proportional and non-proportional contracts, is a plus
• Familiarity with regulatory, statutory, and management reporting requirements related to reinsurance operations is preferred
• Professional certifications in business analysis, insurance, or project delivery are a plus
• Advanced degree in a relevant field is a plus
Full-time hires are eligible to participate in the DXC benefit program. DXC offers a comprehensive, flexible, and competitive benefits program which includes, but is not limited to, health, dental, and vision insurance coverage; employee wellness; life and disability insurance; a retirement savings plan, paid holidays, paid time off.
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