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- Tasks: Join us as a Business Analyst to shape capital projections for the insurance sector.
- Company: Be part of a dynamic team focused on innovative financial solutions.
- Benefits: Enjoy flexible work arrangements and opportunities for professional growth.
- Why this job: Make an impact by collaborating on complex projects that drive business success.
- Qualifications: Experience in finance or actuarial roles is preferred; transferable skills are welcome.
- Other info: Familiarity with Python and Databricks is a plus, but not required.
The predicted salary is between 48000 - 72000 £ per year.
We are seeking an experienced Business Analyst to provide support for a critical deliverable within the Capital Projections workstream:
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Develop the capability to project and track the balance sheet on an SII (Solvency II) basis for a 10-year horizon., * Work with stakeholders to define and agree on detailed business and technical requirements.
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Create clear and comprehensive technical specifications to guide the project.
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Collaborate with the IT architecture team to design the overall solution and ensure alignment with technical requirements.
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Define data requirements, ensuring clarity on data lineage and management.
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Design and document new processes to support the capital projection capability.
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Develop and execute testing strategies and plans to ensure successful implementation.
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Ensure all requirements are traceable to the testing plan, and manage the testing process.
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Oversee the business acceptance process for the new tool, ensuring it meets the business requirements and expectations.
Current and Future Tools:
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The current solution integrates manually-run Prophet actuarial models, MatLab risk models, consolidation, and manual adjustments in Excel.
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The future solution will be based on Python, automated via Databricks on an Enterprise Data Platform, with automation of Prophet actuarial models.
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Experience: Proven experience working on complex solutions with phased and end-to-end delivery. Experience in the insurance industry working with finance and actuarial teams is ideal, but candidates with transferable skills from areas such as Asset Management are also welcome.
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Capital Projections: Familiarity with capital projection concepts, including capital utilization modelling/management, understanding of capital-heavy businesses (eg, bulk operations, capital projections, capital deployment), is required. However, you do not need to be an expert in the technical aspects of modelling.
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Solution Design: Strong ability to collaborate with architecture teams to progress and shape the solution design, ensuring it aligns with business needs and technical requirements.
Desired Skills:
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Strong background in defining requirements and translating business needs into technical solutions.
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Experience working with cross-functional teams to design and implement complex systems.
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Ability to manage testing plans, ensuring comprehensive coverage and traceability.
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Strong communication and stakeholder management skills, ensuring smooth business acceptance processes.
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Familiarity with Python, Databricks, and enterprise-level data platforms is advantageous but not essential.
Business Analyst - Capital Projections - Insurance/Asset Management Sector - Contract employer: Nexere Consulting Ltd
Contact Detail:
Nexere Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - Capital Projections - Insurance/Asset Management Sector - Contract
✨Tip Number 1
Familiarize yourself with Solvency II regulations and capital projection concepts. Understanding these frameworks will help you engage more effectively with stakeholders and demonstrate your knowledge during discussions.
✨Tip Number 2
Network with professionals in the insurance and asset management sectors. Attend industry events or join relevant online forums to connect with potential colleagues and learn about their experiences, which can provide valuable insights for your application.
✨Tip Number 3
Brush up on your technical skills, especially in Python and Databricks. Even if you're not an expert, having a basic understanding of these tools will show your willingness to adapt and learn, making you a more attractive candidate.
✨Tip Number 4
Prepare to discuss your experience with cross-functional teams and complex systems. Be ready to share specific examples of how you've successfully collaborated with different departments to achieve project goals, as this is crucial for the role.
We think you need these skills to ace Business Analyst - Capital Projections - Insurance/Asset Management Sector - Contract
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and requirements. Highlight your relevant experience in capital projections, stakeholder management, and solution design.
Tailor Your CV: Customize your CV to reflect your experience in the insurance or asset management sectors. Emphasize your skills in defining business requirements, collaborating with IT teams, and managing testing processes.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the specific needs of the role. Discuss your familiarity with capital projection concepts and your ability to work with cross-functional teams.
Highlight Technical Skills: Even if you are not an expert, mention any experience you have with Python, Databricks, or enterprise data platforms. This will show your willingness to adapt and learn new technologies relevant to the position.
How to prepare for a job interview at Nexere Consulting Ltd
✨Understand Capital Projections
Make sure you have a solid grasp of capital projection concepts and how they apply to the insurance and asset management sectors. Be prepared to discuss your understanding of capital utilization modeling and how it relates to business needs.
✨Showcase Your Technical Skills
Even if you're not an expert in Python or Databricks, highlight any experience you have with these tools. Discuss how you've used technology to solve complex problems in previous roles, especially in relation to data management and process automation.
✨Prepare for Stakeholder Collaboration
Since the role involves working closely with stakeholders, be ready to share examples of how you've successfully defined requirements and translated business needs into technical solutions. Emphasize your communication skills and ability to manage expectations.
✨Discuss Testing Strategies
Be prepared to talk about your experience with developing and executing testing strategies. Highlight how you've ensured traceability and comprehensive coverage in past projects, and how you managed the testing process to meet business requirements.
