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Beacon Insurance Company Limited

Senior Business Analyst

Beacon Insurance Company Limited

  • Port-of-Spain
  • Not disclosed
  • Permanent full-time
  • Updated 14/04/2025
  • Human Resources
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This role involves business analysis, financial tracking, reporting, project management, and administrative support to drive operational efficiency and informed decision-making within the division.

KEY POSITION RESPONSIBILITIES:

  • Ensure timely processing of all bills, invoices, and payment vouchers related to the division.
  • Assist in budget-related matters, including salary changes, employee relations, and expenditure tracking.
  • Manage and monitor all division-related expenses, working closely with Finance Officers to identify budget deviations and recommend corrective actions.
  • Collate, extract, and analyze key business reports to support the VP’s strategic and operational decision-making.
  • Work with stakeholders to prepare reports on market performance, competitor research, and industry trends.
  • Work with the VP to develop and maintain Key Performance Indicators (KPIs) to assess efficiency and operational effectiveness.
  • Serve as a key liaison between the VP’s office and internal/external stakeholders, ensuring clear communication and follow-through.
  • Work with stakeholders to Implement business intelligence mechanisms to support both Division and enterprise-wide Risk Management and decision-making.
  • Analyze industry data to identify business opportunities and market trends.
  • Conduct trend analyses to identify areas of synergy, operational strengths, and areas for improvement.
  • Plan, execute, and monitor projects for both internal and external stakeholders, ensuring alignment with strategic objectives.
  • Oversee special project leadership and support as required.
  • Handle executive-level correspondence and communications on behalf of the VP where required.
KEY TECHNICAL COMPETENCIES:
  • Basic knowledge and understanding of the core principles of insurance and how this is applied on a day to day basis.
  • Basic knowledge and understanding of the range of insurance products and services available in the market and how that knowledge can be used to meet client needs.
  • Basic knowledge and understanding of regulatory requirements and how to meet these on a day to day basis. 
  • Basic knowledge of how claims should be handled and managed.
  • Basic knowledge of the underwriting process.
  • Basic knowledge of Beacon and the wider insurance market place and how this is applied on day-to-day basis.
QUALIFICATIONS AND EXPERIENCE:
  • BSc in any business-related field.
  • Post Graduate Certification in any business-related fieldwill be an asset. 
  • Certificate in Business Analytics will be an asset.
  • Power BI Certification will be an asset
  • Advanced Skills &/or Certification in Excel and other Office Suite tools will be an asset
  • TTII State License
  • Professional certificate in Office Administation certification or any related certification
  • Minimum of five (5) or more years professional work history.
  • Three (3) or more years of experience in providing high level support to executives. 

Ref: BICL 126
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Beacon Insurance Company Limited

Beacon Insurance Company Limited

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