Senior Business Development Analyst

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk source efficient capital and rapidly pay claims.

Our global team shares a passion for solving our customers biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

About RenaissanceRe

For over three decades RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. Were experts in Property Casualty Specialty and Credit reinsurance consistently recognized for the innovative way we combine data experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the worlds most complicated challenges. To learn more please visit us at Careers - RenaissanceRe ().

Position Summary

The Senior Business Development Analyst supports the development of client analytics research and datadriven insights that inform RenRes Client Management strategy. This role conducts detailed quantitative analysis of internal and external data to understand client behaviour reinsurance programs market positioning and peer comparisons. As part of the Global Business Development team the role collaborates with Underwriting and senior stakeholders to deliver reporting models insights and client-facing materials that enhance decisionmaking and improve client engagement. The position requires strong analytical and communication skills along with the ability to manage multiple priorities in a fast-paced environment.

Principal Accountabilities:

Client Data & Insights:

• Support and develop Client Data & Analytics insights to evolve and enhance our Client Management approach (e.g. Stakeholder mapping Share of Wallet insights)
• Support and evolve our Client Segmentation approach by sourcing data and insights that enable Underwriting leadership to make decisions and execute strategies. Contribute to the deployment of Client Management strategies and delivery of our Value Proposition through effective segmentation
• Support Horizon 0 option building by enhancing client level data and insights that enable client planning and the optimal deployment of client management strategies (e.g. revisiting Platform Client lists focus segments Risk Class considerations)
• Conduct detailed quantitative analyses of internal and external data sources to develop insights into clients their behaviours and their reinsurance programs including market and peer-based perspectives
• Complete ad hoc requests for research analysis and reporting by pulling from diverse internal and external data sources applying appropriate analytical methods and delivering meaningful insights

Reporting & Modelling:

• Produce and enhance core MI / Client Intelligence reports including but not limited to:
  • Client comparative analysis based on external data sources
  • Actual vs Expected results review of specific clients and groups of clients
  • Customer Relationship Management data (contacts accounts relationship activity)
  • Other reports that arise as our data and tools capabilities expand
• Recommend enhancements for core reporting and opportunities to streamline reporting processes
• Contribute to the design creation and testing of new client and broker specific reporting and outreach

Strategic Projects & Client Management Support:

• Contribute to the creation of bespoke or ad hoc reporting and presentations in support of client and broker engagement often in partnership with senior underwriting team members
• Participate in Client and Broker Intelligence processes including but not limited to:
  • Platform Client Engagement
  • Strategic Broker Engagement
• Contribute to broader Corporate and Underwriting Strategy processes and communication as needed

Stakeholder Collaboration:

• Work with underwriting Client Leads and Client Analysts to understand their Client and Broker Management data and reporting needs enhancing how insights are pushed to front-line decision makers
• Work and communicate effectively with Underwriting Client Leads underwriting teams and senior management to address client insights requirements

Skills/Knowledge/Experience Necessary:

• Two to four years of experience in an analytical role preferably in the financial services or insurance industry
• Consulting or underwriting experience would be an asset
• Use in-house systems and external data tools to extract required data (e.g. data cubes web-based data portals)
  • Experience at intermediate to advanced level with S&P Market Intelligence / Capital IQ would be an asset
• Use Microsoft Office products to assist with the analysis and presentation of information
  • Excel intermediate to advanced; ability to use wide range of functions/calculations and create pivot tables
  • PowerPoint intermediate to advanced; ability to create detailed charts from various data sources
  • PowerBI comfortable navigating developed PowerBI dashboards; potential opportunity to work on reporting enhancements in PowerBI Desktop
  • SharePoint intermediate to advanced; ability to manage content
• Excellent verbal and written communication and interpersonal skills
• Excellent self-directed research skills including the ability to conduct primary research manipulate large data sets reconcile data from different perspectives (e.g. underwriting and accounting data) present data clearly and thrive in the ambiguity inherent in strategic thinking
• Ability to perform independently with minimal supervision
• Adept at communicating with peers inside and outside of the organisation as well as managers and other senior members of staff
• Experience working in a setting where the scope of work may involve multiple people at different levels of seniority
• Actively seeks feedback whilst taking the responsibility to improve skills
• Open to new ideas and ways of thinking
• Can prioritise workload and work flexibly in a time efficient manner
• Works toward team goals and contribute in ways that benefit the entire team
  

We believe that meeting these requirements will position you for success in the role. However if you fulfill most but not all of the expectations we still encourage you to apply as we are eager to explore your potential and believe in the ability to grow and learn.

At RenaissanceRe we believe in creating a workplace culture that fosters diversity equity and inclusion throughout our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRes policy to ensure equal employment opportunity without discrimination or harassment based on race color religion sex (including pregnancy childbirth or related medical conditions) sexual orientation gender identity or expression age disability national origin marital or domestic/ civil partnership status genetic information citizenship status uniformed service member or veteran status or any other characteristic protected by law.

Our people are our most valuable resource and core to our success. This is a fast-paced business environment demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits a comprehensive talent development program and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program global and local community grants and employee volunteerism.

We seek diversity create equity and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race color religion national origin sex sexual orientation gender identity marital status pregnancy disability military status or other legally protected categories.