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Integrations Business Analyst

Sompo International Holdings Ltd.
New York, NY Full Time
POSTED ON 1/23/2025
AVAILABLE BEFORE 4/23/2025

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 Reinsurance Solutions Team is the Change Management Department within the Ceded Reinsurance Division of Sompo. Our role within the team is to support the growth and business objecives of not only the Ceded Reinsurance Team but the entirety of the Sompo. Given that responsibility the Solutions Team is growing along with the rest of the company as such we have an exciting opportunity to join this dynamic group as a Business Analyst. This role will be integral to the innovation and future transformation of the of the team as the group seeks to develop and implement strategic initiatives to improve the efficiency and productivity of the Ceded Reinsurance Department.

We are searching for an experienced Business Analyst to help guide our organization to the future. From researching systems solutions to evaluating their impacts, making recommendations on system implementations and designing and developing solutions to improve the teams productivity.

The ideal candidate will be detailed oriented, with strong organization and communication skills, and adept at creating documentation.

Responsibilities include :

  • Reinsurance Applications; Operational and change management support fo reinsurance tools and applications such as the document repository, underwriting applciation, etc.
  • Corporate Projects; support corporate projects through test planning and execution.
  • Business Analysis; design process enhancements, research & document business issues, develop business requirements, create test case documentation, and training / procedural materials.
  • User Requirements; Determine and develop user requirements for systems in production, to ensure maximum usability
  • Data analysis; data analysis, reconcilaitions, and validation to support system enhancements and process improvements for the team's insurance / reinsurance processes
  • UAT; create test cases, perform and document testing activities and test results, defect tracking and resolution.
  • Task plans; Create and maintain plans for every project, with attention to transparent communication at all levels
  • Partnership and Communication; Partner with stakeholders across business units (ex : finance, accounting, operations, etc.) to develop analyses and documentation in a collaborative way, communicating effectively and efficiently with operational and managerial teams
  • Design and implement process controls which meet IAD and SOX control standards.

Desired Skills & Experience :

  • Minimum 5 years of experience with business analysis and controls & compliance in Financial services, accounting, treasury, insurance, or reinsurance industry
  • Data analysis and reconciliation skills
  • Strong working knowledge of Microsoft applications, Outlook, Word, Excel, Powerpoint, Project, Visio
  • Proven ability to performed detailed hand-on analysis and user testing
  • Experience in gathering and documenting requirements and test cases
  • Experience in generating process documentation and reports
  • Excellent communication skills
  • Experience working with IT in a large corporate setting
  • Experience supporting and implementing changes across enterprise wide systems
  • Flexible; able to manage in an environment with shifting priorities
  • Able to multi-task across different efforts simultaneously
  • 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

    Salary : $90,000 - $130,000

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