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For Companies At a Glance
- Tasks: Support various business initiatives and collaborate with teams to enhance processes and systems.
- Company: Join Canada Life UK, a trusted name in financial services since 1903, dedicated to building better futures.
- Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and flexible working options.
- Why this job: Be part of a culture that values curiosity, teamwork, and personal growth while making a real impact.
- Qualifications: A-level education required; degree level preferred, with strong communication and analytical skills.
- Other info: Flexible working arrangements available to support your work-life balance.
The predicted salary is between 28800 - 43200 £ per year.
Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.
Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.
Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
Job Summary
The Junior Business Analyst will be responsible for supporting the successful completion of a wide range of divisional initiatives. The Junior Business Analyst will work closely with Investment teams, Operations teams and I.S as well as business partners and 3rd parties to help support the delivery of initiatives including business processes, controls, product innovations and new product launches involving various systems used pre-dominantly within and around the Investments division.
What You\’ll Do
To support analyse, validate and confirm business requirements and ensure that these are built into changes made to processes and system during delivery. This includes:
- Identifying impacted stakeholders and systems
- Documenting business requirements in a formal manner including the facilitation of formal approvals.
- Translate business and system requirements into test scenarios/cases and manage these through to completion.
- Prioritisation of all requirements into a formal project plan for execution
Support completion of any administration tasks related to new client/portfolio on boarding for the business including taking instruction on any the operational aspects of new business with internal stakeholders, business partners and 3rd parties.
To provide support as directed to help co-ordinate and deliver activities in support of project implementation to include maintaining a budget, training preparation, data analysis and supporting cutover and post go-live activities.
To support preparation of regular reporting on progress, highlighting any issues at the earliest opportunity. To recommend solutions to these issues such that they are resolved in the most cost effective manner
Who You Are
- Ability to identify simple business requirements and analyse and translate these into requirements documents
- Ability to translate simple business requirements into test scenarios and cases and support management through to completion
- Ability to prioritise, respond and follow-up issues in a timely and appropriate manner
- Analysis and problem-solving skills
- Excellent verbal and written communication skills
- Hands on manual testing experience desirable
- Self-motivated with the initiative to liaise with business and I.S. resources, stakeholders and management
- Ability to demonstrate awareness of the regulatory framework around asset management products
Qualifications
- Education to A level standard – minimum
- Degree level qualification desirable
Benefits Of Working At Canada Life
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.
How We Work At Canada Life
Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.
We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That’s why we offer a range of training, flexible working and opportunities to grow and develop.
Diversity and inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we’re making in DEI, and we continue for it to be a significant focus.
“At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.” Nick Harding, Chief People Officer, Canada Life UK
We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you. #J-18808-Ljbffr
Junior Business Analyst employer: Canada Life Assurance Europe plc
Contact Detail:
Canada Life Assurance Europe plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Business Analyst
✨Tip Number 1
Familiarise yourself with the financial services industry, particularly in areas like investment and asset management. Understanding the key concepts and terminology will help you engage more effectively during interviews and discussions.
✨Tip Number 2
Network with professionals already working in business analysis or related fields. Attend industry events or join online forums to connect with others who can provide insights into the role and potentially refer you to opportunities at Canada Life UK.
✨Tip Number 3
Brush up on your analytical skills by practising with real-world case studies or scenarios. Being able to demonstrate your problem-solving abilities and how you approach business requirements will set you apart from other candidates.
✨Tip Number 4
Showcase your communication skills by preparing to discuss how you would liaise with various stakeholders. Be ready to provide examples of how you've successfully communicated complex information in the past, as this is crucial for a Junior Business Analyst role.
We think you need these skills to ace Junior Business Analyst
Some tips for your application 🫡
Understand the Role: Before applying, take the time to thoroughly understand the responsibilities and requirements of the Junior Business Analyst position. This will help you tailor your application to highlight relevant skills and experiences.
Tailor Your CV: Make sure your CV reflects the specific skills mentioned in the job description, such as analysis, problem-solving, and communication skills. Use keywords from the job posting to ensure your CV stands out.
Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are a great fit for the role. Mention specific experiences that demonstrate your ability to analyse business requirements and work collaboratively with teams.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a Junior Business Analyst.
How to prepare for a job interview at Canada Life Assurance Europe plc
✨Understand the Role
Make sure you have a solid grasp of what a Junior Business Analyst does, especially in the context of Canada Life UK. Familiarise yourself with their focus on customer needs and how your role will support various teams and initiatives.
✨Prepare for Scenario-Based Questions
Expect questions that assess your analytical and problem-solving skills. Be ready to discuss how you would identify business requirements and translate them into actionable plans or test scenarios.
✨Showcase Your Communication Skills
Since excellent verbal and written communication is crucial for this role, practice articulating your thoughts clearly. You might be asked to explain complex concepts simply, so think about how you can demonstrate this during the interview.
✨Demonstrate Initiative and Curiosity
Canada Life values a culture of curiosity and ownership. Be prepared to share examples from your past experiences where you took the initiative to solve problems or improve processes, showing that you align with their company values.
