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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 in the heart of London.
- Benefits: Enjoy hybrid working with £700/day pay and potential contract extensions.
- Why this job: Be part of a dynamic team driving operational improvements and regulatory compliance.
- Qualifications: Deep insurance experience, strong stakeholder management, and expertise in regulatory compliance required.
- Other info: Initial 6-month contract with opportunities for growth and development.
The predicted salary is between 50400 - 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 will 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
Contact Detail:
ARC IT Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst, Insurance (City of London)
✨Tip Number 1
Make sure to brush up on your knowledge of the London Market and Lloyd's insurance. Familiarity with these areas will not only help you in interviews but also demonstrate your commitment to understanding the industry.
✨Tip Number 2
Network with professionals in the insurance sector, especially those who have experience in claims and reinsurance. Attend industry events or webinars to connect with potential colleagues and learn about current trends and challenges.
✨Tip Number 3
Prepare to discuss your experience with regulatory compliance, particularly Solvency II and GDPR. Being able to articulate how you've navigated these regulations in past roles will set you apart from other candidates.
✨Tip Number 4
Familiarise yourself with both Agile and Waterfall methodologies. Be ready to share examples of how you've successfully worked in both environments, as this flexibility is crucial for the role.
We think you need these skills to ace Business Analyst, Insurance (City of London)
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 skills in requirements gathering and UAT. Highlight any experience you have with software development cycles and data analysis to align with the job's technical demands.
Craft a Compelling Cover Letter: Write a tailored cover letter that connects your background to the specific needs of the role. Discuss how your skills can contribute to the transformation programme and operational improvements within the organisation.
How to prepare for a job interview at ARC IT Recruitment
✨Showcase Your Insurance Knowledge
Make sure to highlight your deep understanding of the insurance sector, especially if you have experience with the London Market or Lloyd's. Be prepared to discuss specific examples from your past roles that demonstrate your expertise in Claims and Reinsurance.
✨Demonstrate Stakeholder Management Skills
Since this role involves strong stakeholder management, come ready with examples of how you've successfully facilitated workshops or managed relationships with various stakeholders. This will show your ability to bridge business and IT effectively.
✨Familiarise Yourself with Regulatory Compliance
Brush up on key regulatory frameworks like Solvency II and GDPR. Be prepared to discuss how you've navigated these regulations in previous roles, as this knowledge is crucial for the position.
✨Discuss Your Experience with Agile and Waterfall
The role requires experience in both Agile and Waterfall environments. Be ready to explain how you've adapted your approach based on the project methodology and share any relevant experiences that showcase your flexibility and understanding of software development cycles.
