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For Companies At a Glance
- Tasks: Lead transformative projects in the insurance sector using data-driven insights.
- Company: Capco, a forward-thinking consulting firm shaping the future of insurance.
- Benefits: Competitive salary, generous leave, mental health support, and continuous learning opportunities.
- Why this job: Join a dynamic team making a real impact in the insurance industry.
- Qualifications: Experience in business analysis within insurance and strong communication skills.
- Other info: Collaborative culture with excellent career growth and training opportunities.
The predicted salary is between 43200 - 72000 £ per year.
Location: London (Hybrid) | Practice Area: Business Consulting | Type: Permanent
Shape the future of insurance through data-driven transformation and regulatory insight.
The Role
Capco is seeking a Senior Business Analyst to join our Business Consulting practice with a focus on Insurance. You’ll partner with leading insurers and intermediaries to design, define, and deliver transformation programmes across underwriting, policy administration, claims, distribution, and regulatory change. Working in a consulting environment, you’ll engage closely with business and technology stakeholders to translate strategy into tangible outcomes, improve operating models, and enable future-ready insurance ecosystems.
What You’ll Do
- Lead business analysis workstreams across Insurance change programmes from initiation through delivery.
- Translate insurance domain knowledge into clear business and functional requirements.
- Support digital transformation, operating model evolution, and data-led innovation initiatives.
- Facilitate workshops, document business processes, and define target state designs.
- Collaborate with cross-functional teams to deliver structured, pragmatic solutions.
What We’re Looking For
- Strong business analysis experience within Insurance (Life, P&C, or London Market).
- Proven ability to bridge business and technology functions in complex environments.
- Experience delivering regulatory, operational, or technology-led change programmes.
- Strong communication, stakeholder engagement, and structured problem-solving skills.
- Working knowledge of SDLC and Agile/Waterfall methodologies, with experience using tools such as Jira.
Bonus Points For
- Experience with policy administration or claims transformation initiatives.
- Knowledge of digital distribution, data analytics, or automation in Insurance.
- Exposure to IFRS 17, Consumer Duty, or similar regulatory-driven programmes.
- Familiarity with cloud-based or platform-enabled insurance ecosystems.
- Confidence facilitating client workshops and presenting structured recommendations.
Why Join Capco
- Deliver high-impact business and technology solutions for Tier 1 insurers.
- Work in a collaborative, flat, and entrepreneurial consulting culture.
- Access continuous learning, training, and industry certifications.
- Be part of a team shaping the future of insurance and financial services.
- Help drive digital transformation across global Insurance and FS markets.
We offer a competitive, people-first benefits package designed to support every aspect of your life:
- Core Benefits: Discretionary bonus, competitive pension, health insurance, life insurance and critical illness cover.
- Mental Health: Easy access to CareFirst, Unmind, Aviva consultations, and in-house first aiders.
- Family-Friendly: Maternity, adoption, shared parental leave, plus paid leave for sickness, pregnancy loss, fertility treatment, menopause, and bereavement.
- Family Care: 8 complimentary backup care sessions for emergency childcare or elder care.
- Holiday Flexibility: 5 weeks of annual leave with the option to buy or sell holiday days based on your needs.
- Continuous Learning: Minimum 40 Hours of Training Annually with workshops, certifications, and e-learning; Business Coach assigned from Day One.
- Extra Perks: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance.
Inclusion at Capco
We’re committed to making our recruitment process accessible and straightforward for everyone. If you need any adjustments at any stage, just let us know – we’ll be happy to help. We value each person’s unique perspective and contribution. At Capco, we believe that being yourself is your greatest strength. Our #BeYourselfAtWork culture encourages individuality and collaboration – a mindset that shapes how we work with clients and each other every day.
Senior Business Analyst - Insurance employer: Capco
Contact Detail:
Capco Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Business Analyst - Insurance
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about openings that aren't even advertised yet.
✨Tip Number 2
Get your LinkedIn game on point! Make sure your profile is up-to-date and showcases your skills in business analysis and insurance. Engage with relevant content and connect with industry leaders to increase your visibility.
✨Tip Number 3
Practice your interview skills! Mock interviews with friends or mentors can help you articulate your experience and how it aligns with the role of a Senior Business Analyst. Be ready to discuss specific projects and outcomes you've achieved.
✨Tip Number 4
Don't forget to apply through our website! We love seeing candidates who take the initiative. Tailor your application to highlight your experience in regulatory change and digital transformation, and show us why you're the perfect fit for Capco.
We think you need these skills to ace Senior Business Analyst - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Senior Business Analyst role in Insurance. Highlight your relevant experience and skills that align with the job description, especially around business analysis and insurance transformation.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about the insurance sector and how your background makes you the perfect fit for our team. Be specific about your achievements and how they relate to the role.
Showcase Your Communication Skills: As a Senior Business Analyst, strong communication is key. In your application, demonstrate your ability to engage stakeholders and translate complex ideas into clear, actionable insights. This will set you apart from other candidates.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Capco
✨Know Your Insurance Stuff
Make sure you brush up on your insurance knowledge, especially around underwriting, policy administration, and claims. Being able to speak confidently about these areas will show that you understand the industry and can translate that into actionable insights.
✨Master the Art of Communication
Since this role involves engaging with various stakeholders, practice articulating your thoughts clearly and concisely. Prepare examples of how you've successfully communicated complex ideas in the past, as this will demonstrate your ability to bridge business and technology functions.
✨Get Familiar with Agile and SDLC
Understanding Agile and SDLC methodologies is crucial for this position. Brush up on your knowledge of these frameworks and be ready to discuss how you've applied them in previous projects. This will show that you're not just a theorist but someone who can implement these practices effectively.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving skills. Think of specific challenges you've encountered in past roles and how you overcame them. This will help you demonstrate your structured approach to tackling complex issues in a consulting environment.
