Business Analyst (Product Manager), Underwriting Business Analyst / Product Manager London Insura...

Business Analyst (Product Manager), Underwriting Business Analyst / Product Manager London Insurance/Markets. Circa £90k neg. Very exciting role. MUST have London Insurance/Markets knowledge/background in order to have credibility when talking to Underwriters about their projects, issues, deliverables.

You will have a background in Business analysis and ideally product management where you will be able to discuss SLIP’s, MGA’s and Binder as your day to day job. We are after curious candidates who can challenge the underwriters and not be a “yes” person. You have credibility and as a BA / PO you want to make sure you deliver products that make commercial and business sense - not just execute/do. MUST have strong Business process background. (And some IT systems but more Business process, the underwriters, why they need X, challenge, question, spar with them and deliver to them BUT deliver outcomes and not just a project/solution. MUST see what outcome we deliver and why this makes sense to the business.

You will be encouraged to sit with the business and question the status quo and add ideas, be vocal. You will work on Swim lanes; Process mapping. Data Flows. You will want to know intimately each business process in order for the project to be successful. Understanding what the underwriter wants and needs, the better you can translate this to the IT team, coordinate, steer, lead and deliver. Sit, observe, make full use of systems, work on use cases, user stories. This is Cyber, Property, marine, event contingency Insurance, NOT Car, house, Life.

The Business Analyst will be a pivotal part of our exciting growth journey. You will work on strategic priorities focused on leveraging data and transforming our operating model, this role offers a unique opportunity to contribute to innovative projects that drive our success. As a Business Analyst, you will work closely with cross-functional teams to analyse business processes, gather requirements, and support the implementation of solutions that enhance efficiency and effectiveness. Be a part of a growing team where your contributions have a significant impact on Xxxx's future. Apply now to take the next step in your career with us!

What you’ll be doing:

• Requirements Gathering and Analysis
  • Conduct interviews and workshops with stakeholders to understand business needs.
  • Document detailed business requirements and use cases.
  • Collaborate with IT teams to ensure technical feasibility.
• Process Improvement
  • Analyse existing business processes to identify areas for enhancement.
  • Develop process models and workflows to optimise operations.
  • Recommend and implement solutions to increase efficiency and productivity.
• Stakeholder Communication and Engagement
  • Build and maintain strong relationships with internal and external stakeholders.
  • Facilitate regular meetings to communicate project updates and gather feedback.
  • Act as a liaison between business units and IT to ensure effective collaboration.
• Data Analysis and Reporting
  • Gather and analyse data to support business decision-making.
  • Create comprehensive reports and dashboards for stakeholders.
  • Ensure data accuracy and integrity in reporting processes.
• Project Management Support
  • Assist in defining project scope, objectives, and deliverables.
  • Coordinate with project teams to ensure alignment and timely delivery.
  • Monitor project progress and report on status to management.

What you’ll bring:

• Proven experience in Business Analysis and Insurance Industry Knowledge: 5+ years’ experience as a business analyst with 3+ years’ experience in the insurance industry. Leverage extensive experience and understanding of the insurance sector to offer insights and drive informed decision-making.
• Curiosity and Innovation: Possess a natural curiosity and eagerness to explore new ideas, fostering a culture of innovation and continuous improvement.
• Confidence to Challenge the Status Quo: Boldly question existing practices and propose creative solutions to enhance business processes and outcomes.
• Flexibility in Methodologies: Adapt seamlessly between agile and waterfall methodologies, ensuring the appropriate approach is utilised for each project.
• Exceptional People Skills: Build strong relationships with stakeholders at all levels, facilitating effective communication and collaboration.
• Analytical Mindset: Apply strong analytical skills to interpret data and trends, supporting strategic initiatives and business objectives.
• Problem-Solving Expertise: Demonstrate proficiency in identifying challenges and developing practical solutions to drive business success.
• Commitment to Excellence: Maintain a high standard of work quality and strive for excellence in all aspects of the role.
• Leveraging AI for Efficiency and Opportunities: Utilise AI technologies to enhance personal efficiency and identify innovative opportunities to improve processes and outcomes at Xxxx.
• Understanding of Product Management and Agile: Bring a good understanding of product management and agile principles, contributing to the development and enhancement of insurance products and services.