At a Glance
- Tasks: Lead analysis and improvement of business processes in a dynamic insurance environment.
- Company: Join AXIS Capital, a global leader in specialty lines insurance and reinsurance.
- Benefits: Enjoy competitive pay, health plans, tuition reimbursement, and wellness programmes.
- Why this job: Make a real impact by driving operational change and enhancing underwriting performance.
- Qualifications: 5+ years in transformation roles with strong analytical and stakeholder management skills.
- Other info: Collaborative culture that values diversity and offers excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
Overview
This role contributes to our collective success by grounding transformation outcomes in clear problem statements, well-evidenced analysis, and high-quality requirements. The role supports the broader team to land operational change, and deliver technology, data, and process improvements that strengthen underwriting performance, operational efficiency, and compliance across the London Market.
Acting as the research hub for the team, the Business Analyst explores business needs and assesses practical, implementable solutions. The BA provides structured analysis across processes, controls, and data flows, ensuring decisions are supported by evidence and that solutions align to the wider operating model.
What will you do in this role?
- Discovery & Analysis: Lead structured discovery across business processes, controls, and data flows to understand current-state challenges and improvement opportunities. Run workshops with stakeholders, including underwriting, operations, delegated authority, finance, data, and more. Consider and document clear problem statements, options, impact assessments, and recommendations.
- Process Mapping & Operating Model Design: Document current and future state processes using consistent standards and taxonomies. Identify process inefficiencies, control gaps, and handoff issues. Work with business and technical teams to design practical and scalable future-state workflows.
- Requirements & Backlog Quality: Write high-quality business requirements, epics, features, and user stories with acceptance criteria. Ensure requirements are testable, traceable, and aligned to outcomes and controls. Support backlog refinement with Product Owners and delivery teams.
- Data & MI Definition: Support data transformation journey through process analysis, documentation and improvement. Work with data teams to validate field definitions, lineage, and business rules. Ensure MI and data outputs support business decisions and compliance obligations.
- Change & Implementation Support: Support definition of readiness criteria, training content inputs, SOP updates, and control changes. Partner with stakeholders to ensure business impacts and dependencies are understood and managed. Participate in UAT planning, scenario validation, and defect triage where required.
You may also be required to take on additional duties, responsibilities, and activities appropriate to the nature of this role.
About You
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
- Minimum 5 years’ experience in transformation, change, or operational improvement roles.
- Experience within the London Market or Lloyd’s environment.
- Excellent stakeholder management skills, including workshop facilitation.
- Strong process mapping capability and experience with process optimisation.
- Strong analytical, problem solving, and numerical skills.
- Ability to simplify complex problems and communicate clearly to a range of audiences.
- Ability to work independently, manage multiple priorities, and operate with autonomy.
- Strong documentation discipline and attention to detail.
What we prefer you to have:
- Experience across underwriting, delegated authority, operations, or data functions.
- Exposure to agile delivery environments.
- Familiarity with data concepts, governance, lineage, and validation.
- Experience defining MI, operational metrics, and data quality controls.
- Relevant Business Analysis certifications (IIBA, BCS, CBAP).
- Experience applying process improvement techniques (e.g. process reengineering or Lean Six Sigma).
Role Factors
In this role, you will typically be required to be in the office 3 days per week.
What we offer: You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
Business Process Analyst employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Process Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at AXIS Capital. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to business process analysis. We recommend using the STAR method to structure your answers – it helps you showcase your skills effectively!
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of how you've tackled complex problems in the past, especially in transformation or operational improvement roles. This will help us see your potential impact at AXIS.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at AXIS Capital.
We think you need these skills to ace Business Process Analyst
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Business Process Analyst role. Highlight your experience in transformation and operational improvement, and show how your skills align with what AXIS Capital is looking for.
Showcase Your Analytical Skills: Since this role requires strong analytical and problem-solving abilities, include specific examples of how you've tackled complex issues in the past. Use clear metrics or outcomes to demonstrate your impact.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use bullet points where possible to make it easy for the hiring team to see your qualifications at a glance.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure your application gets seen by the right people and helps us keep track of all candidates efficiently.
How to prepare for a job interview at AXIS Capital
✨Know Your Business Processes
Before the interview, brush up on your understanding of business processes, especially in the context of the London Market. Be ready to discuss specific examples of how you've identified inefficiencies and implemented improvements in past roles.
✨Master Stakeholder Management
Since this role involves running workshops and engaging with various stakeholders, prepare to share your experiences in managing stakeholder relationships. Think of a time when you facilitated a workshop or navigated conflicting interests and be ready to explain how you achieved a successful outcome.
✨Showcase Your Analytical Skills
Be prepared to demonstrate your analytical prowess. Bring examples of how you've used data to support decision-making or process improvements. You might even want to practice explaining complex data concepts in simple terms, as this will show your ability to communicate effectively with diverse audiences.
✨Highlight Your Change Management Experience
This role is all about transformation and change. Prepare to discuss your experience with change management methodologies, such as Lean Six Sigma or agile practices. Share specific instances where you led a change initiative and the impact it had on the organisation.