Business Analyst - General Insurance

Business Analyst - General Insurance

Full-Time 60000 - 80000 £ / year (est.) No home office possible
Cognizant Technology Solutions

At a Glance

  • Tasks: Provide consulting and business analysis services to insurance clients in a dynamic environment.
  • Company: Join Cognizant, a leading global professional services company with a collaborative culture.
  • Benefits: Enjoy competitive salary, health benefits, and opportunities for professional growth.
  • Why this job: Make a real impact in the insurance industry while developing your skills.
  • Qualifications: 8+ years in general insurance and strong business analysis skills required.
  • Other info: Work in a supportive team and thrive in an innovative workplace.

The predicted salary is between 60000 - 80000 £ per year.

The Company Cognizant is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant has over 350,000 employees as of January 2025.

Purpose of the Role:

Work within a high energy and entrepreneurial Business & Technology Consulting Practice providing end to end Consulting and Business Analysis services to UK & Ireland based Insurance clients. The role will focus on providing Insurance clients with Consulting and Business Analysis services, while at the same time contribute to the growth and vitality of both the local and global Insurance practices. It will also entail developing strong customer relationships and be a 'Go-To' person that clients want to bring back for future engagements.

Essential Consulting Skills & Experience:

  • Building trusted advisor relationships, influencing senior stakeholders, and negotiating mutually beneficial outcomes.
  • Translating complex strategies into clear, compelling narratives for diverse audiences.
  • Ability to create phased transformation roadmaps connecting people, process, and technology.
  • Deep understanding of business models, industry trends, and market dynamics to anticipate disruptions and craft long-term strategies.
  • Support practice management activities such as Proposition or Solution Development, Community & Communications, Sales & Operations Management.
  • Contribute to Insurance practice by thought provoking 'points of view' or 'white papers'.

Essential BA Skills & Experience:

  • Perform Business Analysis roles on complex Business & Technology Transformation Programmes, within Insurance clients; assisting them achieve their business, technology, strategic and operational goals.
  • Able to gather, prioritize, analyze, specify and validate requirements including the facilitation & co-ordination of user workshops.
  • Experience in using AI tools across life cycle to improve productivity and efficiency.
  • Experience in effectively defining problem/scope, gathering/analyzing data, and structuring recommendations, creating presentations, and making compelling recommendations to clients.
  • An appreciation for both business and technical requirements and the ability to bridge the gap between the two.
  • Full project life-cycle experience Business Analysis experience - with demonstrable knowledge of different project life cycles: waterfall, agile; with hands on experience in agile (Scrum).
  • Experience of working in matrix environment and able to provide examples of proactively building and winning trust of relevant business/IT stakeholders.
  • Previous experience of working in a similar capacity in other Consultancy or Insurance Industry.
  • Excellent knowledge in General Insurance, with at least 8+ years of experience.

Personal Attributes:

  • A 'best practice practitioner' Business Analyst (BA), with outstanding full project lifecycle Business Analysis skills.
  • Able to work on simultaneous projects.
  • Comfortable working in a team, building strong relationships with clients and colleagues as well as on your own.
  • Comfortable facilitating workshops, e.g. to develop business requirements.
  • Organized and able to prioritize competing responsibilities.
  • Excellent engagement, communication skills (both written and verbal) and numeracy skills, able to deliver a concise message.
  • Proficient in use of MS Visio and MS office suite, specifically excel.
  • Self-motivated, actively seeks responsibility and driven to achieve results.
  • Ability to challenge the status quo and disrupt thinking, suggesting viable alternatives.
  • Creative thinker, able to quickly analyze complex problems and identify appropriate solutions underpinned by logic and analytic approach.
  • Open-minded and pragmatic, willing to work with the tools available on assignment, or build them from scratch if required.
  • Demonstrable accuracy and attention to detail.
  • Ability to work independently and ensure successful delivery of assigned tasks.
  • Ability to work effectively under pressure and to tight deadlines.
  • Degree educated or have a recognized business professional qualification.
  • Willing to Travel to client sites across UK & I Mon-Friday.

The Cognizant community:

We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive. Cognizant is a global community with more than 300,000 associates around the world.

Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.

Business Analyst - General Insurance employer: Cognizant Technology Solutions

Cognizant is an exceptional employer, offering a dynamic and inclusive work culture that fosters collaboration and innovation. With a strong commitment to employee growth, you will have access to numerous opportunities for professional development while working alongside a talented team dedicated to transforming the insurance industry. Located in the UK & Ireland, this role not only allows you to engage with leading clients but also positions you within a globally recognised company that values its people and their contributions.
Cognizant Technology Solutions

Contact Detail:

Cognizant Technology Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Analyst - General Insurance

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance and consulting sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have a lead on that perfect Business Analyst role!

✨Tip Number 2

Prepare for those interviews! Research Cognizant’s recent projects and think about how your skills can contribute to their goals. Practice answering common interview questions, especially around business analysis and stakeholder management.

✨Tip Number 3

Show off your problem-solving skills! Be ready to discuss specific examples where you’ve tackled complex issues in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them memorable.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Cognizant team and ready to make an impact in the insurance sector.

We think you need these skills to ace Business Analyst - General Insurance

Business Analysis
Stakeholder Management
Requirements Gathering
Data Analysis
Project Management
Agile Methodologies
Communication Skills
Problem-Solving Skills
Technical Aptitude
Relationship Building
Presentation Skills
Industry Knowledge in General Insurance
Workshop Facilitation
Attention to Detail
Self-Motivation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Business Analyst role in General Insurance. Highlight relevant experience and skills that match the job description, like your ability to build relationships and translate complex strategies.

Craft a Compelling Cover Letter: Your cover letter should tell a story about why you're the perfect fit for this role. Use it to showcase your understanding of the insurance industry and how your background aligns with Cognizant's goals.

Showcase Your Analytical Skills: In your application, emphasise your analytical skills and experience with AI tools. Provide examples of how you've used these skills to drive results in previous roles, especially in business and technology transformation.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!

How to prepare for a job interview at Cognizant Technology Solutions

✨Know Your Insurance Stuff

Make sure you brush up on your knowledge of general insurance. Understand the latest trends, market dynamics, and how they impact business models. Being able to discuss these topics confidently will show that you're not just a candidate, but a potential trusted advisor.

✨Master the Art of Storytelling

As a Business Analyst, you'll need to translate complex strategies into clear narratives. Prepare examples of how you've done this in the past. Practise telling your story in a way that resonates with diverse audiences, making it compelling and easy to understand.

✨Showcase Your Analytical Skills

Be ready to demonstrate your ability to gather, analyse, and validate requirements. Bring examples of past projects where you successfully defined problems and structured recommendations. This will highlight your analytical prowess and problem-solving skills.

✨Engage and Build Relationships

Cognizant values strong relationships, so be prepared to discuss how you've built trust with stakeholders in previous roles. Share specific instances where your engagement led to successful outcomes. This will show that you can be the 'Go-To' person for clients.

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