Business Analyst (SICS Life / Reinsurance)

Business Analyst (SICS Life / Reinsurance)

Hybrid or Remote – depending on location

Role Overview

We are seeking an experienced Business Analyst with strong Life Reinsurance experience to join a client-focused team delivering complex transformation initiatives. This role will play a key part in bridging business and technology, working closely with stakeholders to analyse requirements, improve processes, and support delivery across critical systems.

A strong preference is given to candidates with experience in system migrations and hands-on knowledge of SICS, particularly within Life insurance environments.

Key Responsibilities

• Work closely with business stakeholders to gather, analyse, and document detailed requirements
• Translate business needs into clear functional and non-functional specifications
• Facilitate workshops, stakeholder interviews, and process mapping sessions
• Support delivery across the full project lifecycle (discovery through to implementation)
• Collaborate with development, QA, and third-party vendors to ensure requirements are understood and delivered effectively
• Analyse current processes and identify opportunities for improvement and optimisation
• Support testing activities, including UAT planning, execution, and defect management
• Assist with data analysis, reconciliation, and validation during system changes or migrations
• Ensure documentation is maintained to a high standard (BRDs, FRDs, user stories, process flows)

Required Experience

• Proven experience as a Business Analyst within Life Reinsurance or Life Insurance
• Strong understanding of reinsurance concepts (e.g. treaties, facultative, policy lifecycle)
• Experience working in Agile, Waterfall, or hybrid delivery environments
• Strong stakeholder management and communication skills
• Experience with requirements gathering techniques and documentation standards
• Ability to work across multiple workstreams in a fast-paced environment

Preferred / Highly Desirable

• Experience working with SICS (SICS Life) as a Business Analyst
• Strong experience delivering system migration projects (e.g. legacy to new platform, data migration, transformation programmes)
• Experience working with or alongside policy administration systems
• Knowledge of data structures, data mapping, and reconciliation processes
• Experience within consulting or client-facing environments
• Familiarity with London Market or global reinsurance operations

Technical Skills

• Strong documentation skills (BRDs, user stories, process mapping tools such as Visio or similar)
• Experience working with Jira or similar tools
• Good understanding of data analysis (SQL or similar is advantageous but not essential)
• Experience with testing tools and defect tracking

Personal Attributes

• Proactive, detail-oriented, and solutions-focused
• Strong problem-solving and analytical thinking skills
• Confident communicator with the ability to engage senior stakeholders
• Able to work independently and as part of a cross-functional team
• Adaptable and comfortable working in evolving project environments

Why Join Us

• Flexible working model (remote or hybrid depending on location)
• Opportunity to work on high-impact transformation programmes within Life Reinsurance
• Collaborative and supportive team environment
• Exposure to global clients and complex delivery landscapes
• Strong focus on professional development and growth