At a Glance
- Tasks: Join our team as a Senior Broking Business Analyst and drive innovative solutions in the insurance sector.
- Company: DXC Technology, a leader in digital transformation for the global insurance market.
- Benefits: Competitive pay, comprehensive benefits, and continuous learning opportunities.
- Other info: Flexible working hours and opportunities for career growth.
- Why this job: Make an impact in the insurance industry while working with cutting-edge technology.
- Qualifications: Deep knowledge of London Insurance Wholesale Broking processes and strong presentation skills.
The predicted salary is between 60000 - 80000 £ per year.
Primarily home-based, with occasional travelling to London for customer meetings and/or peer gatherings.
DXC’s Insurance Software and BPS business provides a range of software and services to the global insurance market including life, wealth, health, commercial and speciality, property and casualty, and reinsurance. DXC is also a key partner of the London Market, providing digital transformation and outsourcing services. DXC’s insurance business has 13,000 domain experts serving 2,000 insurance customers operating in over 100 countries worldwide.
About The Role
We are seeking a dynamic and knowledgeable Senior Broking Business Analyst to join our team. The ideal candidate will possess a deep understanding of the London Insurance Wholesale Broking processes and working practices, inclusive of Pre-bind, Policy, Premium, Claims, Treaty Technical IBA and message flows. They will need a keen awareness of initiatives such as the Lloyd’s Future of Lloyd’s / Blueprint II and be at ease discussing the implications of such initiatives with customers.
The role will involve collaborating closely with General Insurance software vendors, Insurance Brokers, and Underwriters to provide functional direction and definition for new functions, Change Requests or features during both product implementations and into BAU phases. The candidate should have practical working knowledge of at least one computer-based Insurance Broking system and be capable of delivering compelling presentations and demonstrations.
Part-time working hours will be considered for this role.
Essential Skills/Qualifications
- Significant Insurance domain knowledge of the London Insurance Wholesale Broking processes covering Pre-Bind, Policy, Claims and Treaty and Technical IBA.
- An awareness of London Market Initiatives, Future of Lloyd’s / Blueprint II, e-invoicing, FCP and impact on broking systems.
- Experience of working within or with a General Insurance software vendor or Insurance Broker/Underwriter to provide functional direction and definition for new products, modules or features as part of an insurance product implementation.
- Practical working knowledge of at least one computer-based Insurance Broking system.
- Accomplished presentation/demonstration skills.
- Confidence to manage customer expectations and steer specification/review process through tight timelines; being comfortable in the ‘frontline’ of challenging client issues, preferably with extensive on-site experience.
- Self‑motivated and displays high energy levels to solve problems & find innovative solutions.
Desirable Skills/Qualifications
- Experience of one of DXC’s existing Broking products (GLOBAL XB, Brokasure Enterprise, or Brokasure Desktop).
- Excellent interpersonal and communication skills.
- Ability to comprehend complex requirements, playback to the business in plain English, and translate forward towards technical specifications.
- Ability to plan, design and recommend business processes to improve and support business activities.
- An understanding of messaging flows to and from broking systems within the London market.
- Flexible approach and able to adapt to changing priorities e.g. travel at short notice, attend and host meetings at unsociable hours.
- Insurance Industry qualification e.g. A.C.I.I.
- Good knowledge and experience of implementing insurance/reinsurance software packages and an appreciation of the strengths and weaknesses of each.
- Knowledge and experience of analysis techniques, ideally of using a formal analysis methodology in the building of solutions. (Some knowledge of analysing relational data would be beneficial.)
- A high level of attention to detail with strong documentation skills.
- Ability to work independently and as part of a team.
- Willingness to travel.
Key Accountabilities And Responsibilities
- Supports and advises stakeholders on limitations and opportunities for customer solutions based on knowledge of the product set.
- Facilitates meetings with clients to gather and document requirements and explore potential solutions.
- Works collaboratively in a team environment for the building and updating of business and functional documents according to customer specifications.
- Intermediary between customer and internal development, testing and support teams.
- Leads and participates in internal quality reviews of solution design.
- Assists in the design, development, review and execution of system test scripts.
- Supports the process of transitioning projects into support.
- Assists Support Teams as/when required.
What We Can Offer You
- Competitive Compensation & Pension Scheme – Rewarding your expertise while securing your future.
- Comprehensive Benefits Package – Including DXC Select, Perks at Work, and incentive programs for exclusive savings and rewards.
- Continuous Learning & Development – Access to upskilling opportunities, career growth resources, and industry-leading training.
- Lifestyle Perks – Enjoy options like the Salary Sacrifice Car Scheme and more.
Senior Broking Business Analyst in London employer: DXC Technology
At DXC, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. With a strong focus on employee growth, we provide continuous learning opportunities and a comprehensive benefits package, ensuring our team members are well-supported both professionally and personally. Our flexible working arrangements, including part-time options and the ability to work from home, make it easier for you to balance your career with your lifestyle, all while being part of a leading player in the global insurance market.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Broking Business Analyst in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like DXC Technology). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like DXC Technology. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Broking Business Analyst in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at DXC Technology.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at DXC Technology. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at DXC Technology
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at DXC Technology to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at DXC Technology, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding DXC Technology's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.