Junior Business Analyst | London, UK

Junior Business Analyst | London, UK

London Entry level 28800 - 43200 £ / year (est.) No working from home possible
Canada Life Limited

At a Glance

  • Tasks: Support various business initiatives and collaborate with teams to enhance processes and systems.
  • Company: Join Canada Life UK, a leading provider of retirement and investment solutions since 1903.
  • Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and flexible working options.
  • Other info: Flexible working arrangements available to accommodate your lifestyle.
  • Why this job: Be part of a culture that values curiosity, teamwork, and personal development while making a real impact.
  • Qualifications: A levels required; degree preferred, with strong analytical and communication skills.

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.

About Canada Life UKWe’re market leaders and proud of the work we do. We provide retirement, investment and protection solutions to 3.5 million cus...

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.

#J-18808-Ljbffr

Junior Business Analyst | London, UK employer: Canada Life Limited

Canada Life UK 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, the company fosters a supportive work culture where employees are encouraged to grow professionally through training and flexible working arrangements, making it an ideal place for those seeking meaningful and rewarding careers in London.

Canada Life Limited

Contact Details:

Canada Life Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Junior Business Analyst | London, UK

Get Involved with Campus Finance Societies

Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!

Attend Industry Workshops and Webinars

Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like Canada Life Limited.

Leverage LinkedIn for Informational Interviews

Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.

Apply Directly through Company Websites

Don't just rely on job boards. Head directly to Canada Life Limited's careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!

We think you need these skills to ace Junior Business Analyst | London, UK

Business Analysis
Requirements Gathering
Documentation Skills
Test Scenario Development
Stakeholder Management
Project Planning
Data Analysis

Some tips for your application 🫡

Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!

Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!

Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!

Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!

How to prepare for a job interview at Canada Life Limited

Brush Up on Your Financial Knowledge

Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.

Show Off Your Analytical Skills

Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.

Demonstrate Your Team Spirit

As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.

Prepare Thoughtful Questions

Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.