Business Analyst, P&C Apac

We are currently seeking a skilled and detail-oriented Business Analyst to join our team. The ideal candidate will have a background in actuarial and/or finance within the insurance industry, as well as a deep understanding of data analytics and reporting.

The Business Analyst, P&
C APAC will mainly support the Market Heads and Underwriting teams across China and Rest of Asia Markets in renewals monitoring and reporting, underwriting plan, business review and undertaking market studies to identify opportunities.

As a member of working groups within the global Analytics and Business Insights function, the Business Analyst will also directly contribute to maintaining and developing tools, data, and analytics, as well as reviewing and improving processes in P&
C.

In addition, the Business Analyst, P&
C APAC follows the guidance of the Head of Analytics and Business Insights, APAC to harmonize / improve across the regions the Plans and Renewals processes and Analytical tools and methodologies used to assess and control the P&
C Business Performance activity by way of dashboards and aggregation tools.

Key duties and responsibilities

1) Take care of the renewals, underwriting plan and business review processes for P&
C China and Rest of AsiaMarkets, including the collection of data, inputs in the tools, and production of reports, analysis and presentations. This includes:

Renewals monitoring and reporting

• Monitor renewals relative to underwriting plan
  
• Coordinate renewals monitoring and reporting, working with underwriting, pricing and modelling teams.
  
• Deliver weekly presentations on the status of the renewal
  

Underwriting Plan

• Support Underwriting Plan process
  
• Deliver business performance review of portfolios and cedent clustering exercise as a preparation for the Underwriting Plan meetings.
  
• Identify trends and movements in the portfolio and collaborate with other functions such as underwriting, pricing and modelling, reserving etc. in order to ensure appropriate messaging to top management.
  

Support to the Business Review needs

• Monitor business performance relative to initial pricing estimates. Regular communication between Underwriting, Pricing and Modelling, Financial Closing and Reserving who regularly reach out for underwriting data.
  
• Portfolio review deep dives to gain business insights on profitability. Requires coordination with the Finance and Planning teams to discuss any performance / data issues.
  
• Create and maintain actual vs. expected results from models to support the company's decision-making process.
  
• Develop and implement dashboards and reports to communicate key performance metrics to stakeholders.
  

Others

• Contribute to the Risk concentration and aggregation monitoring
  
• Perform market assessments (including peer analysis, new/evolving products/solutions etc.) and develop strategies to improve business:
  elected and prioritized by the Market Heads depending on market or internal topics
  

2) As a member of working groups within the global Analytics and Business Insights function, the Business Analyst will also directly contribute to maintaining and developing tools, data, and analytics, as well as reviewing and improving processes in P&
C. This includes:

• Improving data accuracy and process efficiency, automating wherever possible and investigating tech solutions.
  
• Providing an IT interface to business units and analyzing and defining business requirements
  

Required experience &
competencies

• At least 3 years of experience in insurance / reinsurance, ideally within P&
  C
  
• Abilityto work on several concomitant projects and tasks, hence the necessity to prioritize;
  
  
• Good communication skills in English and preferably in Mandarin as this role will be supporting the China market.
  
• Strong analytical skills and the ability to work with large and complex data sets;
  
  
• Curiosity and interest to work on topics outside of her/his core area of competencies;
  
  
• Proficiency in data visualization and reporting tools, such as Tableau, Power BI and/or Excel.
  
• Programming languages:
  R, SQL, and/or Python
  

Required Education

• College degree required. Master’s Degree or equivalent is a plus
  
• Associateship or Fellowship of an actuarial society is a plus.
  
• Advanced insurance or financial-related studies