Business Analyst(Lloyd)

Our Purpose

Xceedance (www.xceedance.com) is a global provider of strategic consulting and managed services, technology, data sciences and blockchain solutions to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Germany, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology, deploy advanced analytic capabilities, and achieve business process optimization. The experienced insurance professionals at Xceedance enable insurers, reinsurers, brokers, and program administrators worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability. Xceedance has achieved phenomenal growth in the past six years — a tribute to the knowledge, scope and impact of our people around the world. Everyone is laser focused on delivering value to our customers. We are committed to the communities in which we live and work. We are driven by a culture of innovation and integrity. As a member of the Xceedance team, you can shape a fulfilling career, participate in exciting projects and impact the organization in meaningful ways. Count on strong support to develop skills, grow quickly and meet your professional aspirations. Relish working in a highly collaborative setting that features state-of- the-art resources, modern technology, and a comfortable, gratifying environment. Create solutions and fulfill your role alongside highly talented and dynamic colleagues who will motivate you to be agile and extremely productive. And enjoy the advantages of a superior benefits package.

Our Vision & Strategic Focus:

To help catalyze insurance ecosystems for the benefit of the society.

• Global Insurance expertise and a customer centric approach
• Vertical focused and technology enabled
• Learning Organization
• People – First Culture

Job Role: IT Business Partner – Insurance Systems

Reports to: IT & Data Manager

Location: Noida/Gurgaon/Pune/Bangalore

About the Role

This role focuses on analysing, enhancing, and supporting insurance technology and data solutions across the Lloyd's and London Market value chain. The IT Business Partner will work across underwriting, exposure management, pricing, policy administration, and post-bind operations to ensure systems, data flows, and processes support business objectives effectively.

You will act as a bridge between underwriting, operations, data, and technology teams—translating business needs into technical requirements, driving system improvements, and contributing to solution design across core insurance platforms.

What Will You Do

Business & Systems Analysis

• Analyze end-to-end underwriting and policy lifecycle workflows.
• Document business requirements, functional specifications, and technical data mappings.
• Lead or contribute to solution design for system enhancements and integrations.
• Translate business problems into scalable system and data solutions.
• Conduct impact analysis for system or process changes.

Systems Ownership, Administration & Hands-On Support

• Own and administer core insurance systems.
• Perform system configuration, user admin, troubleshooting.
• Monitor system health, data flows, integrations.
• Manage upgrades, releases, and vendor interactions.

Insurance Platform & Workflow Support

• Support core policy administration, underwriting, and delegated authority systems.
• Ensure system configuration aligns with underwriting guidelines and regulatory standards.
• Help streamline data capture and processing across open market and binder business.
• Partner with underwriters and operational teams to resolve system issues.

Data Transformation & Data Quality

• Support and design data transformation logic including bordereaux validation and cleansing.
• Analyse and map data across risk, exposure, pricing, and operational datasets.
• Work with ETL pipelines, data warehouses, and reporting tools.
• Champion data quality, lineage, and governance.

London Market Messaging & Integration

• Support London Market eMessaging workflows (e.g., PPL, ACORD, APIs).
• Collaborate with brokers and vendors to resolve messaging or submission issues.
• Ensure compliance with market modernization initiatives including Blueprint Two and CDR.

Stakeholder Engagement

• Liaise between underwriting, exposure management, actuarial, finance, and IT.
• Participate in workshops and vendor sessions to shape system requirements.
• Support change adoption through training and documentation.

Reporting & MI

• Contribute to creation of dashboards, MI, and analytical insights.
• Define reporting requirements for underwriting and operations.
• Assist in developing end-to-end data reporting pipelines.

Qualifications & Experience

• Degree in Business, Information Systems, Insurance, Data/Technology, or comparable experience.
• 6-10 years of experience in business analysis, data Analysis , IT system management or insurance systems product owner roles within Lloyd's or the London Market.
• Knowledge of specialty lines, underwriting workflows, or delegated authority processes.
• Experience with policy admin systems, bordereaux processing, and ACORD/eMessaging standards.
• Familiarity with exposure and pricing tools such as RMS, AIR, or Exact.
• Progress toward ACII or BCS certifications is advantageous.

Technical & Functional Skills

• Business requirements gathering and process modelling.
• Data mapping, transformation, and validation expertise.
• Understanding of ETL processes, SQL, or analytical tools.
• Insurance value chain data flow understanding.
• Solution design balancing business needs and system constraints.
• Proficiency with Microsoft Office and insurance systems.

Personal Attributes

• Solution‑oriented mindset with strong analytical thinking.
• High attention to detail with ability to manage complexity.
• Strong communicator across business and technical teams.
• Collaborative and adaptable team player.
• Commercial awareness with strong problem‑solving capability.
• Results-driven and supportive of continuous improvement.

What We Offer You

At Xceedance, you will discover the possibility to exceed yourself and grow persistently with us. We offer career development opportunities to our members for a well-rounded development throughout their journey with us.