Senior Business Development Analyst

Reposted 16 Days Ago
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London, Greater London, England, GBR
In-Office
Mid level
Insurance
The Role
The Senior Business Development Analyst conducts quantitative analysis to provide insights on client behavior and improve client engagement. They produce reports, collaborate with stakeholders, and support client management strategies.
Summary Generated by Built In
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. We’re 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 world's most complicated challenges.    To learn more, please visit us at Careers - RenaissanceRe (renre.com).

Position Summary

The Senior Business Development Analyst supports the development of client analytics, research, and data‑driven insights that inform RenRe’s 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 decision‑making 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 RenRe’s 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.

Skills Required

  • Two to four years of experience in an analytical role, preferably in the financial services or insurance industry
  • Experience at intermediate to advanced level with S&P Market Intelligence / Capital IQ
  • Intermediate to advanced Microsoft Excel skills
  • Intermediate to advanced Microsoft PowerPoint skills
  • Comfortable navigating PowerBI dashboards
  • Excellent verbal and written communication skills
  • Ability to conduct primary research and manipulate large data sets
  • Experience working collaboratively across different levels of seniority
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The Company
916 Employees
Year Founded: 1993

What We Do

RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving. Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval. We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild. Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives. RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business

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