About This Role
This Business Analyst role involves joining the Risk & Capital Management IT team to support leading European insurance and financial services clients. You will act as a bridge between risk modelers, actuarial teams, ALM/finance stakeholders, and software engineering squads, translating complex economic capital methodology, Solvency II/internal model requirements, and risk calculations into clear functional specifications and technical user stories.
Responsibilities
- Elicit, analyze, and document functional requirements for economic capital modeling, risk aggregation (market, credit, operational, and insurance risks), and stress-testing workflows
- Partner closely with Actuarial, Risk Modeling, and Finance teams to understand mathematical and cash flow modeling methodologies, bridging business logic with IT implementation
- Author detailed User Stories, Acceptance Criteria, process flow diagrams, and data mapping specifications in Jira/Confluence
- Define input/output data dictionaries, data validation rules, and integration pipelines between upstream policy/portfolio systems and downstream reporting platforms
- Design functional test cases, conduct User Acceptance Testing (UAT) alongside business users, and perform model validation testing
- Analyze impact assessments for regulatory updates or internal methodology changes, supporting incident analysis for core batch calculation runs
Requirements
- 5+ years of Business Analysis experience in Financial Services, specifically within Insurance, Investment Banking, or Risk Management IT
- Strong functional grasp of Economic Capital, Solvency II, Asset & Liability Management, or Financial Risk
- Advanced data manipulation skills (SQL, intermediate Excel/Python for data validation)
- Proven track record working in Scrum/SAFe environments managing backlogs and sprint ceremonies
- Exceptional stakeholder management skills with the ability to articulate complex financial/actuarial concepts to technical engineering teams
- Experience working directly with European clients will be an added advantage
