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Ceded Re Operations Integration Business Analyst

Sompo International Holdings Ltd.
New York, NY
$90K-$130K a year
Full-time

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most : our people .

At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry.

As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world.

Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

The Ceded Re Operations Integration Business Analyst will report to the Ceded Re Operations Solutions Director and will be part of a team that will oversee the creation and provide ongoing oversight of the team's processes, drive data analytics to support the business, and design / provide support to operational areas for system enhancement development, testing, training, and production implementation.

Responsibilities include :

  • Policy and Claims system migration program oversight and planning, requirements support, test planning & execution, and implementation change management
  • SAP (FSRI, FSCD, GL and BOBj) solution designer and implementation management, including requirements creation, design support, test planning & execution, and implementation change management
  • Ceded Re PMO; provide PMO support across the entire Ceded Re Team, including preparing for executive meetings, status, and governance reporting, etc.

and support the engagement with Corporate PMO which includes project planning, prioritization, and scheduling for the Ceded Re Team.

Support / partner with functional teams (i.e., Finance, IT, Operations, Underwriting, etc.) to develop and implement new processes and applications to support changing business requirements;

this includes process redesign, process flows, procedures, training, etc.

  • Support the IT governance and oversight protocols for the systems / applications owned by the Ceded Reinsurance organization. This includes,
  • Overseeing the application / system change management process
  • Development and enhancement prioritization process
  • System testing for enhancements and defects
  • IT ticket management and ticket management process support
  • Project coordination; ensure projects are delivered on time and with the right quality and level of detail. This includes creating all related project artifacts, such as project charters, test plans, etc.
  • Business Analysis; design process enhancements, research & document business issues, develop business requirements, create test case documentation, and training / procedural materials.
  • Data analysis and validation to support system enhancements and process improvements for the team's insurance / reinsurance processes
  • Design and develop data analysis tools and reporting solutions to support the business processes in partnership with IT
  • Design and implement process controls which meet IAD and SOX control standards.
  • Design, implement and own operational business processes which support the Ceded Reinsurance Team, for example, MS Access reporting solutions, operational controls, etc.

Desired Skills & Experience :

  • Minimum 7 years of experience with business analysis and controls & compliance in Financial services, accounting, treasury, insurance, or reinsurance industry
  • MS Access and SQL expertise
  • Data analysis and reconciliation skills
  • Experience working with IT in a large corporate setting
  • Experience supporting and implementing changes across enterprise wide systems
  • Well versed in the MS Office Suite of applications (Word, Excel, PowerPoint, Visio)
  • Flexible; able to manage in an environment with shifting priorities
  • Excellent communication skills; able to communicate effectively with all levels of the company
  • Able to work in fast paced, dynamic environment

Salary Range : $90,000- $130,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms.

The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.

Below is a summary of our current comprehensive U.S. benefit programs :

  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution.
  • Pharmacy benefits with mail order options.
  • Dental benefits including orthodontia benefits for adults and children.
  • Vision benefits.
  • Health Care & Dependent Care Flexible Spending Accounts.
  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children.
  • Company-paid Disability benefits with very competitive salary continuation payments.
  • 401(k) Retirement Savings Plan with competitive employer contributions.
  • Competitive paid-time-off programs, including company-paid holidays.
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Employee Assistance Program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits.

Sompo is an equal opportunity employer committed to a diverse workforce. M / F / D / V

12 hours ago
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