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- Tasks: Support a major transformation programme in the insurance sector, focusing on Claims and Reinsurance.
- Company: Join a leading financial services organisation driving innovation in the insurance industry.
- Benefits: Enjoy hybrid working with competitive pay of £700/day and potential contract extensions.
- Why this job: Be part of a dynamic team shaping solutions that enhance operational efficiency and compliance.
- Qualifications: Deep insurance experience, strong stakeholder management, and familiarity with Agile and Waterfall methodologies required.
- Other info: This role offers a unique opportunity to bridge business and IT in a fast-paced environment.
The predicted salary is between 50000 - 84000 £ per year.
We're looking for a Business Analyst with deep insurance experience to support a major transformation programme at a leading financial services organisation. This role focuses on Claims and Reinsurance, but also spans Underwriting, Finance, and Actuarial functions.
You'll bridge business and IT, working closely with tech teams to shape solutions that deliver operational improvements and meet complex regulatory requirements.
Key experience:- Insurance sector knowledge – London Market, Lloyd’s, or general insurance
- Expertise in Claims, Outwards Reinsurance, and regulatory compliance (e.g. Solvency II, GDPR)
- Strong stakeholder management and workshop facilitation
- Skilled in requirements gathering, UAT, and business case development
- Experience working across both Agile and Waterfall environments
- Familiar with software development cycles, data analysis, and system integrations
Hybrid working (3+ days onsite) £700/day | Inside IR35 6 month Initial contract – extensions likely
Sound like you? Apply now
Business Analyst, Insurance employer: ARC IT Recruitment
Contact Detail:
ARC IT Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst, Insurance
✨Tip Number 1
Network with professionals in the insurance sector, especially those who have experience in the London Market or Lloyd's. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the specific regulatory requirements relevant to the role, such as Solvency II and GDPR. Being able to discuss these regulations confidently during conversations can set you apart from other candidates.
✨Tip Number 3
Prepare to demonstrate your stakeholder management skills by thinking of examples where you've successfully facilitated workshops or gathered requirements. Be ready to share how you navigated complex situations and achieved positive outcomes.
✨Tip Number 4
Brush up on your knowledge of both Agile and Waterfall methodologies. Understanding how to adapt your approach based on the project needs will show that you're versatile and can work effectively in different environments.
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. Familiarise yourself with key terms like Claims, Reinsurance, and regulatory compliance to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in the insurance industry, particularly in areas such as Claims and Outwards Reinsurance. Use specific examples to demonstrate your expertise in stakeholder management and workshop facilitation.
Showcase Technical Skills: Mention your familiarity with both Agile and Waterfall methodologies, as well as your experience with software development cycles and data analysis. This will show that you can bridge the gap between business and IT effectively.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your enthusiasm for the role. Discuss how your skills align with the company's goals and how you can contribute to their transformation programme.
How to prepare for a job interview at ARC IT Recruitment
✨Showcase Your Insurance Knowledge
Make sure to highlight your experience in the insurance sector, particularly with London Market and Lloyd's. Be prepared to discuss specific examples of how you've navigated claims, reinsurance, and regulatory compliance in your previous roles.
✨Demonstrate Stakeholder Management Skills
Prepare to share instances where you've successfully managed stakeholders or facilitated workshops. This role requires strong communication skills, so think of examples that showcase your ability to bridge gaps between business needs and IT solutions.
✨Familiarise Yourself with Agile and Waterfall Methodologies
Since the position involves working across both Agile and Waterfall environments, be ready to discuss your experiences with each. Highlight any projects where you adapted your approach based on the methodology used and how it impacted the outcome.
✨Prepare for Technical Questions
Given the focus on system integrations and data analysis, brush up on relevant technical concepts. Be ready to explain how you've contributed to software development cycles and any tools or techniques you've used in your analysis.
