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.
- Other info: Flexible working arrangements available to support your work-life balance.
- Why this job: Be part of a culture that values curiosity, teamwork, and personal growth while making a real impact.
- Qualifications: A levels required; a degree is a plus. Strong communication and analytical skills are essential.
The predicted salary is between 21600 - 36000 £ per year.
Job Description
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.
Junior Business Analyst - Canada Life Limited in London employer: Canada Life Limited
Canada Life Limited is an exceptional employer that prioritises the well-being and development of its employees, offering a competitive salary and comprehensive benefits package, including a generous pension scheme and private medical insurance. With a strong commitment to diversity and inclusion, Canada Life fosters a supportive work culture where employees are encouraged to grow professionally and personally, making it an ideal place for those seeking meaningful and rewarding careers in a dynamic environment.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Business Analyst - Canada Life Limited in London
✨Tip Number 1
Familiarise yourself with the financial services industry, particularly in areas related to investment and asset management. Understanding the key players and current trends will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals already working at Canada Life or in similar roles. Use platforms like LinkedIn to connect and ask for informational interviews, which can provide insights into the company culture and expectations for the Junior Business Analyst position.
✨Tip Number 3
Brush up on your analytical and problem-solving skills. Consider taking online courses or workshops that focus on business analysis techniques, as this will not only enhance your skills but also demonstrate your commitment to the role.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully managed projects or collaborated with teams in the past. Being able to articulate your experience in a structured manner will show your potential value to the team at Canada Life.
We think you need these skills to ace Junior Business Analyst - Canada Life Limited in London
Some tips for your application 🫡
Understand the Role:Before applying, make sure to thoroughly read the job description for the Junior Business Analyst position. Understand the key responsibilities and required skills, as this will help you tailor your application effectively.
Tailor Your CV:Customise your CV to highlight relevant experience and skills that align with the job requirements. Focus on your analytical abilities, communication skills, and any experience with business processes or project management.
Craft a Compelling Cover Letter:Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific examples of how your background and skills make you a great fit for the Junior Business Analyst position at Canada Life Limited.
Proofread Your Application:Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a business analyst role.
How to prepare for a job interview at Canada Life Limited
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Junior Business Analyst. Familiarise yourself with the key tasks mentioned in the job description, such as analysing business requirements and translating them into test scenarios.
✨Showcase Your Analytical Skills
Prepare examples from your past experiences where you've successfully identified business requirements or solved problems. Be ready to discuss how you approached these situations and the outcomes.
✨Communicate Clearly
Since excellent verbal and written communication skills are essential for this role, practice articulating your thoughts clearly. You might be asked to explain complex concepts, so ensure you can do this in a straightforward manner.
✨Demonstrate Initiative
Canada Life values self-motivated individuals. Be prepared to discuss instances where you've taken the initiative in previous roles, especially in liaising with stakeholders or managing projects.
