Vacancy description
Xceedance Consulting India Pvt. Ltd.
Bangalore, भारत
About the Role : We are seeking an experienced Insurance Data Modeller with strong expertise in Property & Casualty (P&C) Insurance and the London Insurance Market, particularly Lloyd'https://jobeax.com/link/pm7VBP5DuCFr0xog ideal candidate will have hands-on experience designing conceptual, logical, and physical data models for complex insurance business domains, including Policy, Claims, Billing, Underwriting, Reinsurance, Finance, and Regulatory https://jobeax.com/link/eQK4uag79A3cPnLy Responsibilities : - Design, develop, and maintain conceptual, logical, and physical data models for enterprise insurance applications.- Develop and maintain canonical data models covering Policy Administration, Claims Management, Billing, Underwriting, Reinsurance, Finance, and Reporting.- Define entities, attributes, primary and foreign keys, relationships, constraints, and data dependencies.- Create ER diagrams and document business rules, data definitions, and relationships across insurance systems.- Ensure data models support scalability, consistency, interoperability, and business requirements.- Translate complex P&C insurance business requirements into robust data models.- Model core insurance entities such as policies, policyholders, insured risks, coverages, premiums, claims, reserves, settlements, commissions, and payments.- Understand London Market insurance and reinsurance processes, including Lloyd's market structures, syndicates, managing agents, brokers, and delegated authority arrangements.- Support data modelling for MGAs, broker operations, underwriting workflows, and insurance distribution channels.- Model bordereaux data and support the integration of policy, premium, exposure, and claims information from delegated underwriting arrangements.- Support reinsurance structures, including treaties, facultative placements, recoveries, and associated financial transactions.- Design dimensional models, including star and snowflake schemas, for business intelligence, analytics, and regulatory reporting.- Define fact tables, dimension tables, conformed dimensions, surrogate keys, and measures.- Support historical data tracking, slowly changing dimensions, and cross-functional reporting requirements.- Collaborate with data engineering teams to translate conceptual and logical models into physical database structures.- Ensure data models are optimised for query performance, data quality, and analytical workloads.- Define source-to-target mappings across insurance applications, operational systems, and enterprise data platforms.- Map data elements across policy administration, claims, billing, underwriting, finance, and reporting systems.- Identify data gaps, inconsistencies, redundancies, and transformation requirements.- Collaborate with application, integration, ETL/ELT, and data engineering teams to ensure accurate data movement and transformation.- Support data reconciliation and validation during system integration and migration initiatives.- Work closely with insurance business SMEs, underwriters, claims specialists, finance teams, architects, and data engineers to gather requirements.- Maintain business glossaries, data dictionaries, metadata, model documentation, and business definitions.- Support data governance initiatives, including data ownership, lineage, quality standards, and standardisation.- Ensure alignment between business terminology, canonical data structures, and enterprise data architecture.- Participate in data model reviews, solution design discussions, and architecture governance forums.- Use SQL to analyse datasets, validate data relationships, investigate discrepancies, and support data quality checks.- Work with data warehouse and modern cloud data platforms to implement and validate enterprise data models.- Collaborate with teams using platforms such as Snowflake and Databricks, where applicable.- Ensure data models align with enterprise architecture, performance requirements, and data security https://jobeax.com/link/MlsWq7JHOJXWHf5r Skills : - Strong experience in Property & Casualty (P&C) Insurance.- Working knowledge of the London Insurance Market, particularly Lloyd's.- Hands-on expertise in conceptual, logical, and physical data modelling.- Strong understanding of Entity-Relationship (ER) modelling and relational database design.- Experience modelling insurance business domains such as Policy, Claims, Billing, and Underwriting.- Strong SQL skills and understanding of relational databases.- Experience with data warehousing and dimensional modelling.- Knowledge of enterprise canonical data models, data mapping, and data relationships.- Ability to work closely with business stakeholders and translate business requirements into data models.- Experience with Reinsurance and insurance accounting.- Knowledge of London Market processes, including bordereaux and delegated authority arrangements.- Experience working with MGAs, insurance brokers, managing agents, or Lloyd's syndicates.- Familiarity with premium accounting, commissions, claims settlements, and reinsurance recoveries.- Experience with Snowflake and/or Databricks.- Exposure to cloud-based data platforms, ETL/ELT pipelines, and data integration.- Knowledge of data governance, metadata management, data lineage, and business glossaries.- Experience with insurance data transformation, migration, and reporting initiatives. (ref:hirist.tech)