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- Tasks: Join our team as an Insurance Business Analyst, transforming business needs into technical solutions.
- Company: We're a leading insurance firm based in London, dedicated to innovation and excellence.
- Benefits: Enjoy a competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Be part of a dynamic team, making impactful decisions in the insurance industry with cutting-edge technology.
- Qualifications: 10-15 years IT experience, with strong skills in Business Intelligence and data analysis tools like Power BI.
- Other info: Work 2-3 days onsite in London, collaborating with diverse teams and stakeholders.
The predicted salary is between 60000 - 84000 £ per year.
Location: London (2-3 days onsite)
Job type: Permanent
Salary: GBP70K/Annum
Job Spec:
- Overall IT experience of 10-15 years with about 10 years in Business Intelligence and Data Warehouse technologies
- Strong experience as Business Analyst with a strong technical background, working closely with IT teams to implement solutions
- Uses data analysis and reporting tools to provide insights into business performance
- Excellent domain experience in Insurance
- Excellent written and oral communications
- Proficient in development and documenting solution requirements, including specifications, business cases, creating wireframes and report templates
- Experience in interviewing stakeholders, analysing business needs, and documenting requirements for new systems or improvements
- Excellent experience in consulting assignments and eliciting business requirements
- Hands-on experience with Power BI and good knowledge of the AWS ecosystem
- Exposure to specialty lines (e.g., financial institutions, cyber, political risk, M&A insurance) is highly preferred
- Understanding of the reinsurance value chain (facultative, treaty, binder, slip creation, bordereaux)
- Some experience in the ETL area is preferred
Role Details:
- Work with business users to understand the requirements
- Convert the business requirements to technical requirements
- Conduct whiteboarding/consulting assignments with customers
- Conduct brainstorming sessions to drive consensus
- Elicit BI needs and wireframes
- Document business requirements
- Document UAT test cases and drive UAT part of the project, documenting test metrics
- Good listening skills
- Team player
- Innovative in nature
Insurance Business Analyst employer: Infinity Quest
Contact Detail:
Infinity Quest Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Business Analyst
✨Tip Number 1
Familiarise yourself with the insurance industry, especially the specific areas mentioned in the job description like specialty lines and the reinsurance value chain. This knowledge will help you speak confidently about your understanding of the domain during interviews.
✨Tip Number 2
Brush up on your technical skills, particularly in Business Intelligence tools like Power BI and the AWS ecosystem. Being able to demonstrate your hands-on experience with these technologies can set you apart from other candidates.
✨Tip Number 3
Prepare for stakeholder interviews by practising how to effectively elicit business requirements. Think of examples from your past experiences where you successfully gathered and documented requirements, as this will showcase your consulting skills.
✨Tip Number 4
Showcase your communication skills by being clear and concise in your discussions. Whether it's during networking or interviews, being able to articulate your thoughts and ideas effectively will demonstrate your fit for a role that requires excellent written and oral communication.
We think you need these skills to ace Insurance Business Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Business Intelligence and Data Warehouse technologies. Emphasise your technical background and any relevant projects that showcase your ability to work closely with IT teams.
Craft a Compelling Cover Letter: In your cover letter, address your understanding of the insurance domain and your experience with data analysis tools like Power BI. Mention specific examples of how you've documented requirements and conducted stakeholder interviews.
Showcase Relevant Skills: Clearly outline your skills in documenting solution requirements, creating wireframes, and your familiarity with the AWS ecosystem. Highlight any experience you have with ETL processes and the reinsurance value chain.
Prepare for Interviews: Be ready to discuss your approach to eliciting business requirements and conducting brainstorming sessions. Prepare examples of past consulting assignments where you successfully drove consensus among stakeholders.
How to prepare for a job interview at Infinity Quest
✨Showcase Your Technical Expertise
As an Insurance Business Analyst, it's crucial to demonstrate your strong technical background. Be prepared to discuss your experience with Business Intelligence and Data Warehouse technologies, as well as your hands-on skills with Power BI and the AWS ecosystem.
✨Understand the Insurance Domain
Make sure you have a solid grasp of the insurance industry, especially in areas like specialty lines and the reinsurance value chain. This knowledge will help you articulate how your experience aligns with the company's needs.
✨Prepare for Stakeholder Engagement
Since the role involves interviewing stakeholders and documenting requirements, practice articulating your approach to gathering business needs. Highlight any past experiences where you've successfully elicited requirements and driven consensus.
✨Demonstrate Your Communication Skills
Excellent written and oral communication is key for this position. Prepare to showcase your ability to document solution requirements clearly and effectively. Consider bringing examples of your previous documentation or reports to illustrate your skills.
