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- Tasks: Gather and document business requirements, coordinate testing, and communicate insights across teams.
- Company: Join Travelers, a leading property casualty insurer with over 160 years of innovation and collaboration.
- Benefits: Enjoy hybrid work flexibility, private medical insurance, generous holiday entitlement, and wellness programmes.
- Why this job: Be part of a dynamic team that values your input and fosters professional growth in the insurance sector.
- Qualifications: Experience in business analysis within insurance and familiarity with agile tools are essential.
- Other info: Eligible for a £1,500 new joiner referral bonus if referred by an employee.
The predicted salary is between 36000 - 60000 £ per year.
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Travelers Europe is seeking a Business Analyst, with experience working in an Insurance environment, to join our team in London! As part of the Strategic Planning and Execution team, you will help the team and work alongside other Business Analysts on our change portfolio. You will work closely with colleagues across the business along with Product Owners and Project Managers. You will report to the Senior Manager for Business Analysis.
Your main responsibilities will include:
- Gathering information from different parts of the organisation to help deliver the right solutions for the business.
- Confidently interviewing stakeholders and customers.
- Collecting, understanding, documenting, validating and communicating the business requirements for the product work.
- Building specifications in line with third-party requirements.
- Documenting business processes.
- Coordinating and performing user acceptance testing.
- Performing ad hoc analysis to investigate operational issues.
- Working with supervision from project managers or product owners.
- Communicating insights and plans effectively to cross-functional teams, third parties, and management.
- Ensuring solutions meet business needs and requirements.
- Identifying, documenting, and tracking benefits.
- Assisting in delivering key project deliverables.
- Liaising with project managers on project and task plans.
- Performing other duties as assigned.
What Will Our Ideal Candidate Have?
- Experience with agile tools (e.g., Rally, Jira).
- Good understanding of the software development lifecycle.
- Experience in commercial or syndicate insurance.
- Knowledge of third-party SaaS systems like Acturis.
- ISEB Diploma in Business Analysis or related modules.
What is a Must Have?
- Proven project experience in business analysis within Insurance.
What Is in It for You?
- Private Medical Insurance: Single cover initially, with options to add dependents at your expense.
- Retirement: Company contributions to your Pension Plan, with optional increased contributions.
- Holiday Entitlement: Starting at 25 days, with options to purchase additional days up to 35.
- Wellness Programme: Resources, discounts, and professional counseling services.
- Volunteer Encouragement: Matching Gift and Volunteer Rewards programmes.
Travelers is an equal opportunity employer. We value diversity and the unique talents each individual brings to our organization. If you have questions about the physical requirements of this role, please contact us for assistance. Travelers reserves the right to fill this position at a different level than posted.
Contact Detail:
SPE Travelers Management, LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - Insurance
✨Tip Number 1
Familiarise yourself with the insurance industry, especially commercial and syndicate insurance. Understanding the specific challenges and trends in this sector will help you engage more effectively during interviews and demonstrate your knowledge.
✨Tip Number 2
Brush up on agile methodologies and tools like Jira or Rally. Being able to discuss your experience with these tools will show that you can adapt to their working environment and contribute to their projects right away.
✨Tip Number 3
Prepare to discuss your experience in gathering and documenting business requirements. Think of specific examples where you successfully communicated insights to cross-functional teams, as this is a key part of the role.
✨Tip Number 4
Network with current or former employees of Travelers Europe, if possible. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach during the application process.
We think you need these skills to ace Business Analyst - Insurance
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Business Analyst position in the insurance sector. Tailor your application to highlight relevant experience and skills that align with the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in business analysis within the insurance industry. Mention specific projects or tools you've used, such as agile methodologies or software development lifecycle knowledge, to demonstrate your suitability for the role.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects your enthusiasm for the company’s culture and values. Mention how you can contribute to their commitment to customer care and innovation.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application shows attention to detail, which is crucial for a Business Analyst role.
How to prepare for a job interview at SPE Travelers Management, LTD
✨Understand the Insurance Landscape
Familiarise yourself with the insurance industry, particularly commercial and syndicate insurance. Being able to discuss current trends and challenges in the sector will demonstrate your knowledge and enthusiasm for the role.
✨Prepare for Stakeholder Interviews
Since the role involves interviewing stakeholders, practice your questioning techniques. Think about how to extract valuable insights and requirements from different departments, and be ready to showcase your communication skills.
✨Showcase Your Agile Experience
Be prepared to discuss your experience with agile tools like Rally or Jira. Highlight specific projects where you used these tools effectively, as this will show your familiarity with the software development lifecycle.
✨Demonstrate Problem-Solving Skills
Think of examples where you've successfully identified and solved operational issues. Be ready to explain your analytical process and how you ensured that solutions met business needs, as this is crucial for a Business Analyst.
