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- Tasks: Gather requirements, analyse processes, and enhance business operations in the insurance sector.
- Company: Join a leading firm in the heart of London, specialising in innovative 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 while making a real impact.
- Qualifications: 5+ years as a Business Analyst, with 3+ years in the insurance industry required.
- Other info: Must have strong analytical skills and a passion for problem-solving.
The predicted salary is between 50400 - 67200 £ per year.
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
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 business analysis and insurance. This will not only enhance your knowledge but also demonstrate your commitment to staying updated during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved processes or solved problems in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Tip Number 4
Showcase your ability to adapt between agile and waterfall methodologies by discussing relevant projects. Highlight your flexibility and how it has contributed to successful project outcomes.
We think you need these skills to ace Business Analyst
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 skills in requirements gathering, process improvement, and stakeholder communication, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance sector and your understanding of underwriting processes. Use specific examples from your past experience to demonstrate how you meet the job requirements.
Highlight Relevant Skills: In your application, clearly outline your analytical mindset, problem-solving expertise, and ability to adapt between agile and waterfall methodologies. These skills are essential for the role and should be prominently featured.
Showcase Your Communication Abilities: Since stakeholder engagement is key, provide examples of how you've successfully built relationships and facilitated meetings in previous roles. This will demonstrate your exceptional people skills and ability to collaborate effectively.
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 this has 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 gathered feedback to improve processes.
✨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.
