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