Business Analyst

Business Analyst

Slough Full-Time 60000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Gather requirements, analyse processes, and improve operations in the insurance sector.
  • Company: Join a leading firm in the heart of London, specialising in insurance solutions.
  • Benefits: Enjoy a competitive salary, excellent benefits, and opportunities for professional growth.
  • Why this job: Be part of a dynamic team that values innovation and collaboration in a thriving industry.
  • Qualifications: 5+ years as a business analyst, with 3+ years in insurance; strong analytical and people skills required.
  • Other info: Must be adaptable to both agile and waterfall methodologies, with a passion for problem-solving.

The predicted salary is between 60000 - 84000 £ per year.

MUST HAVE INSURANCE up to £84,000 EXCELLENT BENEFITS CITY OF LONDON

Ideally 5 years insurance BA experience. Good knowledge of underwriting is a must.

IN THIS ROLE YOU WILL:

  • Requirements Gathering and Analysis
  • Conduct interviews and workshops with stakeholders to understand business needs.
  • Document detailed business requirements and use cases.
  • Collaborate with IT teams to ensure technical feasibility.
  • Process Improvement
  • Analyse existing business processes to identify areas for enhancement.
  • Develop process models and workflows to optimise operations.
  • Recommend and implement solutions to increase efficiency and productivity.
  • Stakeholder Communication and Engagement
  • Build and maintain strong relationships with internal and external stakeholders.
  • Facilitate regular meetings to communicate project updates and gather feedback.
  • Act as a liaison between business units and IT to ensure effective collaboration.
  • Data Analysis and Reporting
  • Gather and analyse data to support business decision-making.
  • Create comprehensive reports and dashboards for stakeholders.
  • Ensure data accuracy and integrity in reporting processes.
  • Project Management Support
  • Assist in defining project scope, objectives, and deliverables.
  • Coordinate with project teams to ensure alignment and timely delivery.

MUST HAVES:

  • Proven experience in Business Analysis and Insurance Industry
  • 5+ years’ experience as a business analyst with 3+ years’ experience in the insurance industry.
  • Curiosity and Innovation
  • Confidence to Challenge the Status Quo
  • Adapt seamlessly between agile and waterfall
  • Exceptional People Skills
  • Analytical Mindset
  • Problem-Solving Expertise
  • Commitment to Excellence
  • Utilise AI technologies
  • Understanding of Product Management

Business Analyst employer: i3

As a leading employer in the heart of the City of London, we offer Business Analysts an exceptional opportunity to thrive in a dynamic and innovative environment. Our commitment to employee growth is reflected in our comprehensive benefits package, collaborative work culture, and emphasis on continuous learning, ensuring that you can develop your skills while making a meaningful impact in the insurance sector. Join us to be part of a forward-thinking team that values curiosity, creativity, and the drive to challenge the status quo.
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Contact Detail:

i3 Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Analyst

✨Tip Number 1

Network with professionals in the insurance industry, especially those who have experience as Business Analysts. Attend industry events or webinars to connect with potential colleagues and learn about their experiences.

✨Tip Number 2

Familiarise yourself with the latest trends and technologies in underwriting and insurance. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 3

Prepare to discuss specific examples of how you've improved business processes in previous roles. Highlight your analytical mindset and problem-solving skills by showcasing successful projects you've led or contributed to.

✨Tip Number 4

Practice your stakeholder communication skills. Be ready to explain how you've built relationships and facilitated meetings in the past, as this is crucial for the role. Role-playing scenarios can help you feel more confident.

We think you need these skills to ace Business Analyst

Business Analysis
Insurance Industry Knowledge
Underwriting Expertise
Requirements Gathering
Stakeholder Engagement
Process Improvement
Data Analysis
Reporting Skills
Project Management Support
Agile and Waterfall Methodologies
Communication Skills
Problem-Solving Skills
Analytical Mindset
Curiosity and Innovation
Relationship Building

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your relevant experience in business analysis and the insurance industry. Emphasise your underwriting project experience and any specific achievements that demonstrate your analytical mindset and problem-solving expertise.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance sector. Mention your curiosity and innovation, and how you can challenge the status quo. Be sure to relate your skills directly to the job description provided.

Highlight Stakeholder Engagement Skills: In your application, emphasise your ability to build and maintain relationships with stakeholders. Provide examples of how you've facilitated meetings or gathered feedback in previous roles, as this is crucial for the position.

Showcase Data Analysis Experience: Include specific examples of how you've gathered and analysed data to support business decisions. Mention any tools or methodologies you've used to create reports and dashboards, as this will demonstrate your technical feasibility and analytical skills.

How to prepare for a job interview at i3

✨Showcase Your Insurance Knowledge

Make sure to highlight your experience in the insurance industry during the interview. Be prepared to discuss specific underwriting projects you've worked on and how they relate to the role.

✨Demonstrate Analytical Skills

Prepare examples that showcase your analytical mindset. Discuss how you've gathered and analysed data in previous roles, and be ready to explain how your findings influenced business decisions.

✨Engage with Stakeholders

Emphasise your ability to build relationships with stakeholders. Share experiences where you facilitated meetings or workshops, and how you ensured effective communication between business units and IT.

✨Be Ready for Process Improvement Discussions

Expect questions about process improvement. Prepare to discuss how you've identified inefficiencies in past roles and the solutions you implemented to enhance productivity and efficiency.

Business Analyst
i3
I
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