Business Analyst ( Reinsurance / Property & Casuality )

We are seeking an experienced Business Analyst with strong domain expertise in Reinsurance and/or Property & Casualty (P&C) Insurance to join our client team in Singapore. The ideal candidate will bridge business and technology teams, drive requirement analysis, and support transformation initiatives across underwriting, claims, policy administration, and reinsurance operations.

This role requires strong stakeholder management skills and hands-on experience working on insurance core systems, regulatory reporting, or digital transformation programs.

Key Responsibilities

• Engage business stakeholders (Underwriting, Claims, Finance, Actuarial, Reinsurance teams) to gather, analyze, and document detailed business and functional requirements.

• Conduct gap analysis between current and target state processes.

• Translate business requirements into Functional Specification Documents (FSD), BRD, and user stories.
• Support system implementation, enhancement, or migration initiatives (policy admin systems, claims systems, reinsurance platforms).
• Facilitate workshops, stakeholder meetings, and walkthrough sessions.

• Collaborate closely with IT, vendors, and system integrators to ensure 

  solution alignment.
• Support UAT planning, test case preparation, defect triage, and business sign-offs.
• Ensure compliance with regulatory and reporting requirements in Singapore.
• Drive process improvements and automation initiatives across insurance operations.

Required Skills & Experience

• 5–10 years of experience as a Business Analyst within Reinsurance or P&C Insurance.

• Strong understanding of:

  • Underwriting processes

  • Claims lifecycle

  • Policy administration

  • Reinsurance treaty & facultative structures

  • Bordereaux reporting

• Experience working with core insurance platforms 

• Knowledge of regulatory frameworks in Singapore (e.g., MAS reporting).

• Experience in data analysis, SQL, or working with data warehouses is advantageous.

• Familiarity with Agile / Scrum methodologies.

• Strong documentation and stakeholder management skills.

Preferred Qualifications

• Bachelors degree in Business, Finance, Insurance, IT, or related field.

• Professional certifications such as CBAP, PMI-PBA, or insurance-related certifications (e.g., ACII).

• Experience in regional insurance projects (APAC exposure preferred).

Key Competencies

• Strong analytical and problem-solving skills

• Excellent communication and stakeholder management

• Ability to work in fast-paced transformation programs

• Detail-oriented with strong documentation skills