At a Glance
- Tasks: Transform business needs into clear specifications and mentor junior analysts.
- Company: Join Verisk, a leader in innovative insurance software solutions.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with excellent career advancement opportunities.
- Why this job: Make an impact in the insurance industry while working with cutting-edge technology.
- Qualifications: 5+ years as a Business Analyst in insurance, strong analytical skills required.
The predicted salary is between 51750 - 63250 £ per year.
About Verisk Specialty Business Solutions: Verisk Specialty Business Solutions, part of the global Verisk family, is a leading provider of innovative insurance and reinsurance software solutions. We specialize in delivering successful transformation programs for underwriters, brokers, and MGAs within the Lloyd's, companies, and international insurance/reinsurance sectors. Our Sequel product range offers class-leading, end-to-end solutions that enhance client experiences and better inform risk decisions.
Position Overview: We are seeking a Senior Business Analyst to join our team. The ideal candidate brings 4+ years' Business Analysis experience within insurance (London Market exposure highly desirable, not essential). You will join the team at an exciting time and translate business needs into clear, testable specifications, providing examples and clarifications as required. You will work on various initiatives including client projects and product development activities working closely with UI/UX, Engineering, QA, Product Owners and other key stakeholders. You will also mentor junior BAs, providing day-to-day guidance, constructive feedback, and sharing best practice across the BA community.
Responsibilities- Product & domain expertise: Build a deep understanding of Broking solution functionality and develop specialist knowledge in designated product areas.
- Process & systems analysis: Analyse complex processes, functions and procedures to determine the most effective product approach to meet organisational needs.
- Workshops & discovery: Provide detailed rationale and user-case knowledge during design and requirements sessions; lead internal and client workshops to elicit and validate requirements.
- Requirements translation: Work with colleagues to convert business requirements into clear, testable functional requirements.
- Coaching & review: Support and review work from junior analysts within the project team to ensure quality and completeness of requirements.
- Estimating: Provide and deliver analysis estimates to Product Owner and track progress.
- Escalations & resolution: Liaise with Product Owner on risks, escalations and problem resolution within the team.
- Stakeholder engagement: Collaborate with users and stakeholders to gather, analyse and document business requirements.
- BA deliverables: Produce user stories, use cases and requirements documentation, demonstrating a clear understanding of business and functional needs.
- Build support: Work closely with development and product teams to ensure requirements are implemented as intended.
- Clarifications during build: Respond promptly to questions and remove ambiguity throughout the development phase.
- Planning & delivery: Participate in project planning and management activities, contributing to scope, milestones and risk management.
- Training: Deliver targeted training for clients and colleagues on complex areas of the platform/process.
- 5+ years as a Business Analyst within the insurance industry (London Market Broking experience strongly desirable).
- Strong analytical and problem-solving skills, with a track record of requirements elicitation, management and documentation, including use-case development.
- Experience delivering in Agile and/or Waterfall environments; solid understanding of the Product Life Cycle principles.
- Excellent communication and interpersonal skills; able to tailor content to business and technical audiences.
- Proven ability to work in cross-functional, team-oriented environments and to drive clarity in complex, multi-stakeholder settings.
- Technical fluency advantageous particularly with JSON (or proficiency in another coding/query language) to support API/integration conversations.
- Self-motivated, organised, and comfortable working independently while managing multiple concurrent workstreams.
- Experience providing peer reviews, feedback and mentoring to analysts is desired (line management experience beneficial but not essential).
Senior Business Analyst (Broking Solution - Lloyd's of London) employer: 慨正橡扯
At 慨正橡扯, we pride ourselves on being an exceptional employer that champions innovation and collaboration in the field of Behavioral Economics and Retirement Research. Our hybrid working model not only offers flexibility but also nurtures a vibrant work culture where employees are encouraged to grow and develop their skills through meaningful projects and leadership opportunities. Join us in Europe, where your expertise will directly contribute to enhancing investor outcomes and shaping impactful business strategies.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Analyst (Broking Solution - Lloyd's of London)
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We think you need these skills to ace Senior Business Analyst (Broking Solution - Lloyd's of London)
Some tips for your application 🫡
Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.
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Tailor Your Documents for Us:When applying for a full-time role at 慨正橡扯, tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!
Include Relevant Certifications:Certifications like Google Data Analytics or similar qualifications can really make you stand out in business intelligence. Include these in your application, as they demonstrate your commitment to the field and your willingness to stay current with industry standards.
How to prepare for a job interview at 慨正橡扯
✨Show off your analytical skills
In a business intelligence role, you're going to need to demonstrate your analytical prowess. Be prepared to discuss specific tools you've used, like SQL, Tableau, or Power BI. Have real-world examples ready where you’ve turned data into actionable insights – this is what makes us shine in interviews!
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✨Portfolio of Projects
Since it's a full-time role, having a strong portfolio is key! Compile case studies demonstrating your previous projects, preferably showing how your insights led to business improvements. This can help us display how you think through complex datasets and your problem-solving process, which is what employers are keen on seeing.
✨Know their business model
Get familiar with 慨正橡扯’s business model and recent data-driven decisions. Be prepared to discuss how your skills can specifically support their objectives or challenges. Understanding their landscape shows that you’re not just a data buff, but you’re also genuinely interested in how BI can impact their bottom line.
