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- Tasks: Collaborate with teams to drive business change and improve processes.
- Company: Join Canada Life UK, a leader in financial services with a focus on community.
- Benefits: Competitive salary, generous pension, private medical insurance, and flexible working options.
- Why this job: Make a real impact by translating business needs into actionable solutions.
- Qualifications: Strong problem-solving skills and experience in financial services or project delivery.
- Other info: Embrace a diverse culture that values curiosity and continuous improvement.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Location: London, Potters Bar, Bristol or Isle of Man (Hybrid working options available)
Responsibilities
- The Business Analyst is responsible for enabling business change and transformation through:
- Collaborating with stakeholders and crossâfunctional teams to gather, document, and support validation of business needs and problem statements.
- Translating business objectives and project scope into wellâdefined requirements, including features, user stories, functional specifications, and acceptance criteria.
- Supporting prioritisation of requirements and deliverables based on business value, customer outcomes and project constraints, typically in a product backlog.
- Coordinating with project managers, product owners, and other stakeholders for requirements refinement, planning, and delivery activities.
- Liaising between various business departments and groups during initiatives to define and agree scope, requirements, and solution design.
- Assessing options for process improvement, including business process modelling and analysis across both agile and waterfall projects.
- Maintaining required analysis artefacts to support traceability, decision making and feature iteration.
Key Accountabilities
- Collaborate with project and product teams to successfully deliver change that meets business needs.
- Manage stakeholders to identify business need and translating into change items for delivery.
- Ensure that target solutions meet legal, regulatory, compliance and contractual obligations and deliver aligned business benefits.
- Ensure business analysis products are produced to a level of quality that meets audit requirements and traceability from Outcomes to Solution designs through to testing outputs.
- Utilise analytical tools and techniques to undertake business and data analysis, with a forensic level of attention to detail.
- Support continuous improvement through effective feedback loops and identifying opportunities to optimise processes and features.
Desired Knowledge / Experience / Skills
- Strong problemâsolving abilities and critical thinking.
- Financial services experience, knowledge of the Life & Wealth industry including the governing regulatory framework.
- Experience of Project Delivery methodologies, including Agile Framework, Scrum, Waterfall and Lean Engineering.
- Ability to effectively communicate and influence key stakeholders to support proposed strategies, process improvements and operational decisions.
- Experience of sharing technical and nonâtechnical details in a manner that is easily understood by stakeholder groups.
- Resourcefulness and ability to devise creative solutions to problems.
- Experience of testing and mapping various business processes and protocols and the role/utilisation of data across those processes.
- Familiarity with industry technology systems to gather data and problem solve.
Benefits of Working at Canada Life
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package thatâs regularly reviewed. As a Canada Life UK colleague, youâll 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.
Flexibility
We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. Thatâs 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 weâre making in DEI, and we continue for it to be a significant focus.
Quote
âAt 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.â Nick Harding, Chief People Officer, Canada Life UK
WorkâLife Balance
We appreciate that everyone has different work and life responsibilities. Weâre happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.
Seniority level: MidâSenior level
Employment type: Fullâtime
Job function: Project Management
Business Analyst in London employer: Canada Life UK
Contact Detail:
Canada Life UK Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Business Analyst in London
â¨Tip Number 1
Network like a pro! Reach out to current or former employees at Canada Life through LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
â¨Tip Number 2
Prepare for the interview by practising common Business Analyst scenarios. Think about how youâd handle stakeholder management or process improvements, and be ready to share your experiences.
â¨Tip Number 3
Show off your analytical skills during interviews! Use real-life examples to demonstrate how you've tackled complex problems and delivered value in previous roles.
â¨Tip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets seen by the right people. Plus, it shows youâre genuinely interested in joining the team.
We think you need these skills to ace Business Analyst in London
Some tips for your application đŤĄ
Tailor Your Application: Make sure to customise your CV and cover letter for the Business Analyst role. Highlight your experience in collaborating with stakeholders and your problem-solving skills, as these are key for us at Canada Life.
Showcase Your Analytical Skills: We love a good analytical mind! Include examples of how you've used data analysis or business process modelling in your previous roles. This will show us you can handle the responsibilities of the position.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language to describe your experiences and achievements. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: Donât forget to submit your application through our website! Itâs the best way for us to receive your details and ensures youâre considered for the role. Plus, itâs super easy to do!
How to prepare for a job interview at Canada Life UK
â¨Know Your Business Analysis Basics
Make sure you brush up on the fundamentals of business analysis. Understand key concepts like user stories, functional specifications, and acceptance criteria. Being able to discuss these confidently will show that youâre well-prepared and knowledgeable about the role.
â¨Showcase Your Problem-Solving Skills
Prepare examples from your past experiences where you've successfully solved complex problems. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help demonstrate your critical thinking abilities and how you can add value to their team.
â¨Familiarise Yourself with Agile and Waterfall Methodologies
Since the role involves working with various project delivery methodologies, be ready to discuss your experience with Agile, Scrum, and Waterfall. Highlight specific projects where youâve applied these methodologies and how they contributed to successful outcomes.
â¨Engage with Stakeholders
Think about how you would manage stakeholder relationships in this role. Prepare to discuss how youâve effectively communicated and influenced stakeholders in the past. This will show that you understand the importance of collaboration and can navigate complex organisational dynamics.
