Senior Broking Business Analyst

Senior Broking Business Analyst

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
DXC Technology

At a Glance

  • Tasks: Support stakeholders and facilitate meetings to gather requirements for innovative insurance solutions.
  • Company: Join DXC Technology, a leader in digital transformation for the global insurance market.
  • Benefits: Enjoy competitive pay, comprehensive benefits, and continuous learning opportunities.
  • Other info: Flexible working options available, including part-time hours.
  • Why this job: Make a real impact in the insurance industry while collaborating with top professionals.
  • Qualifications: Deep knowledge of London Insurance processes and strong presentation skills required.

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 world-wide.

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 onsite 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.

At DXC Technology, we believe strong connections and community are key to our success. Our work model prioritises in-person collaboration while offering flexibility to support wellbeing, productivity, individual work styles, and life circumstances. We’re committed to fostering an inclusive environment where everyone can thrive.

Senior Broking Business Analyst employer: DXC Technology

At DXC Technology, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. Our comprehensive benefits package, competitive compensation, and commitment to continuous learning ensure that our employees have the resources they need for personal and professional growth. With a flexible work model that supports individual lifestyles and a strong emphasis on community, we create a workplace where everyone can thrive, especially in the vibrant London insurance market.

DXC Technology

Contact Details:

DXC Technology Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Broking Business Analyst

Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who know about the London Market. A friendly chat can lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of the latest initiatives like the Future of Lloyd’s and Blueprint II. Being able to discuss these topics confidently will show you’re not just knowledgeable but also genuinely interested in the field.

Tip Number 3

Practice your presentation skills! You’ll need to deliver compelling demos, so grab a friend or family member and run through your pitch. The more comfortable you are, the better you’ll come across to potential employers.

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, we love seeing candidates who take the initiative to connect directly with us.

We think you need these skills to ace Senior Broking Business Analyst

London Insurance Wholesale Broking processes
Pre-bind, Policy, Premium, Claims, Treaty Technical IBA
Lloyd’s Future of Lloyd’s / Blueprint II awareness
Insurance Broking system knowledge
Presentation and demonstration skills
Customer expectation management
Problem-solving skills

Some tips for your application 🫡

Know Your Stuff:Make sure you really understand the London Insurance Wholesale Broking processes. We want to see that you can talk the talk and walk the walk when it comes to Pre-bind, Policy, Claims, and Treaty IBA.

Tailor Your Application:Don’t just send a generic CV and cover letter. Show us how your experience aligns with our needs, especially around the Lloyd’s Future of Lloyd’s / Blueprint II initiatives. Personal touches go a long way!

Show Off Your Skills:We love a good presentation! If you’ve got experience delivering compelling demos or presentations, make sure to highlight that in your application. It’s all about showcasing what you can bring to the table.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!

How to prepare for a job interview at DXC Technology

Know Your Stuff

Make sure you have a solid understanding of the London Insurance Wholesale Broking processes. Brush up on key areas like Pre-bind, Policy, and Claims, as well as any recent initiatives like the Future of Lloyd’s. This knowledge will help you answer questions confidently and show that you're genuinely interested in the role.

Showcase Your Presentation Skills

Since the role requires strong presentation abilities, practice delivering a mock presentation on a relevant topic. Use clear language and visuals to convey your points effectively. This will not only demonstrate your skills but also help you feel more comfortable during the actual interview.

Prepare for Client Scenarios

Think about potential client scenarios you might face in this role. Prepare examples of how you've managed customer expectations or resolved challenging issues in the past. This will showcase your problem-solving skills and ability to handle pressure, which are crucial for this position.

Ask Insightful Questions

Prepare thoughtful questions to ask your interviewers about the company’s approach to digital transformation and how they see the future of broking evolving. This shows your enthusiasm for the industry and helps you gauge if the company aligns with your career goals.