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- Tasks: Support a major transformation programme in insurance, focusing on Claims and Reinsurance.
- Company: Join a leading financial services organisation driving innovation in the insurance sector.
- Benefits: Enjoy hybrid working with £700/day pay and potential contract extensions.
- Why this job: Be part of a dynamic team shaping solutions that improve operations and meet regulatory standards.
- Qualifications: Deep insurance experience, strong stakeholder management, and expertise in regulatory compliance required.
- Other info: Initial 6-month contract with opportunities for growth and development.
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
Make sure to 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 in claims and reinsurance.
✨Tip Number 2
Familiarise yourself with the specific regulatory requirements mentioned in the job description, such as Solvency II and GDPR. Being able to discuss these regulations confidently during interviews will demonstrate your expertise and understanding of the industry.
✨Tip Number 3
Prepare examples of your previous work that showcase your skills in stakeholder management and workshop facilitation. Be ready to discuss how you’ve successfully gathered requirements and developed business cases in past roles.
✨Tip Number 4
Brush up on your knowledge of both Agile and Waterfall methodologies, as well as software development cycles. Being able to articulate your experience in these areas will help you stand out as a candidate who can bridge the gap between business and IT effectively.
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 the Business Analyst position in the insurance sector. Familiarise yourself with key terms like Claims, Reinsurance, and regulatory compliance to tailor your application.
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 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 show you can bridge the gap between business and IT.
Craft a Compelling Cover Letter: Write a tailored cover letter that connects your background to the job description. Discuss how your skills align with the needs of the transformation programme and express your enthusiasm for contributing to operational improvements in the insurance sector.
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 the 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
Since this role involves working closely with various stakeholders, be ready to share instances where you've successfully managed relationships and facilitated workshops. This will show your ability to bridge the gap between business needs and IT solutions.
✨Familiarise Yourself with Agile and Waterfall Methodologies
Given the dual nature of project management methodologies in this role, brush up on both Agile and Waterfall practices. Be prepared to discuss how you've applied these methodologies in past projects, especially in relation to requirements gathering and user acceptance testing (UAT).
✨Prepare for Technical Discussions
As you'll be working closely with tech teams, it's essential to have a good grasp of software development cycles and system integrations. Be ready to discuss any relevant technical skills or experiences that demonstrate your ability to collaborate effectively with IT professionals.
