Senior Reinsurance Business Systems Analyst

About Prevail

Since its founding in 2000, Prevail has been a leading provider of innovative technology solutions for the insurance industry. In 2010, Prevail launched the Prevail Reinsurance System (PRS) – a comprehensive, automated reinsurance management platform that provides robust functionality, ease of implementation, and adaptability to evolving business needs. PRS represents the industry’s most advanced cession calculation engine and automated processes. PRS empowers insurers to streamline operations, enhance accuracy, and drive profitability.

At Prevail, we believe that the key to success in our engagements is our ability to understand the goals of our customers, set expectations, and then reliably meet or exceed those expectations.

What You'll Do

As a Senior Reinsurance Business Systems Analyst, you will communicate with multiple stakeholders to elicit, define, analyze and document requirements for our cutting-edge application development, enhancements and maintenance. You will be responsible for managing, authoring and updating various BA/BSA artifacts along with the various tasks listed below.

Your mission is to help us spread creative thinking beyond existing industry practices for our exciting

new projects and play a key role in seeing them through to completion.

Responsibilities

Immersion in the role of a high-visibility, key team member in the reinsurance software product engineering team.
Interact with subject matter experts (SME), management and end-users to elicit, define, analyze and document requirements for new projects and their enhancements.
Participate and/or facilitate Design Thinking, brainstorming sessions with client users and various stakeholders and with other BSAs and our technical team.
Conduct walkthroughs of requirements, business logic and workflows of items in varying complexities, with different business and technology stakeholders in various levels to ensure comprehension and feasibility of requirements.
Participate in daily customer and project team meetings.

Produce or assist with of a variety of business/systems analysis artifacts including:

Facilitate gathering inputs for detailing requirements from stakeholders through various techniques
Create requirements documents
Acceptance Criteria
QA Team Test Scenarios/QA Test Execution/Results Review
Presentations for requirement/solution walkthroughs
Data analysis
System design
Data migration
Customer training
Customer demonstrations
Support other BSAs and Engineers as needed
Conduct and support UAT testing
Support our team’s innovation agenda
Liaise with other teams – customer, marketing, executives, etc.

Periodic travel may be required.

Skills & Requirements

Thorough Reinsurance knowledge and working experience, including:

Strong experience in reinsurance accounting
Experience with terms and conditions for Quota Share, Excess of Loss, Surplus, Combined QS, Stop Loss, Catastrophe, etc. types of treaties. Including Fac and Treaties
Experience with a major Reinsurance Software solution
Experience with Payable/Receivables cash application
Experience performing data analysis using Microsoft SQL-Data Analysis Tool is necessary requirement
Work experience in a software company or as a software company customer holding key positions in software implementations
Experience in Property and Casualty insurance/reinsurance
Exceptional skills in facilitating meetings, documentation, conducting interviews to elicit and write complete and detailed requirements
Strong interpersonal, communication, documentation, conflict resolution and expectation/relationship management skills
Commitment to requirements management practices with ability to control project scope creep and mitigate project risks and constraints
Knowledge of writing/understanding/interpreting API documentation