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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 driving operational improvements and regulatory compliance.
- Benefits: Enjoy hybrid working with competitive pay of £700/day and potential contract extensions.
- Why this job: Be part of a dynamic team shaping solutions that impact the insurance industry positively.
- Qualifications: Deep insurance experience, strong stakeholder management, and expertise in regulatory compliance required.
- Other info: Initial 6-month contract with opportunities for extension; work in both Agile and Waterfall environments.
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'll 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
Business Analyst, Insurance employer: ARC IT Recruitment
Contact Detail:
ARC IT Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst, Insurance
✨Tip Number 1
Network with professionals in the insurance sector, especially those who have experience in the London Market or Lloyd's. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with key regulatory frameworks like Solvency II and GDPR. Being able to discuss these regulations confidently during interviews will demonstrate your expertise and understanding of the compliance landscape in the insurance industry.
✨Tip Number 3
Prepare to showcase your stakeholder management skills by thinking of specific examples where you've successfully facilitated workshops or gathered requirements. This will help you illustrate your ability to bridge the gap between business needs and IT solutions.
✨Tip Number 4
Brush up on your knowledge of both Agile and Waterfall methodologies. Be ready to discuss how you've applied these approaches in previous roles, as this will highlight your versatility and adaptability in different project environments.
We think you need these skills to ace Business Analyst, Insurance
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of a Business Analyst 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 like 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 operational improvements and compliance within the organisation, making sure to address the hybrid working model.
How to prepare for a job interview at ARC IT Recruitment
✨Showcase Your Insurance Knowledge
Make sure to highlight your experience in the insurance sector, particularly with London Market and Lloyd's. Be prepared to discuss specific examples of how you've navigated claims, reinsurance, and regulatory compliance in your previous roles.
✨Demonstrate Stakeholder Management Skills
Prepare to share instances where you've successfully managed stakeholders or facilitated workshops. This role requires strong communication skills, so think of examples that showcase your ability to bridge gaps between business needs and IT solutions.
✨Familiarise Yourself with Agile and Waterfall Methodologies
Since the position involves working across both Agile and Waterfall environments, be ready to discuss your experiences with each. Highlight any projects where you adapted your approach based on the methodology used and how it impacted the project's success.
✨Prepare for Technical Discussions
Given the focus on system integrations and data analysis, brush up on relevant technical concepts. Be ready to discuss your familiarity with software development cycles and how you've contributed to UAT and business case development in past projects.
