Business Change Analyst: Insurance/Big 4 in London

Business Change Analyst: Insurance/Big 4 in London

London Full-Time 50000 - 60000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Analyse and improve business processes in a leading insurance company.
  • Company: Join a top Lloyd's Insurance firm with a focus on transformation.
  • Benefits: Competitive salary, career development, and a dynamic work environment.
  • Other info: Collaborative culture with opportunities for professional growth.
  • Why this job: Make a real impact by optimising processes and driving change.
  • Qualifications: 3+ years as a Business Analyst, preferably in insurance or Big 4.

The predicted salary is between 50000 - 60000 £ per year.

We are currently partnering with a market-leading Lloyd's Insurance company to recruit a Business Transformation Analyst. The successful candidate will proactively seek out and define 'as-is' processes, document systems and reporting tools currently used by the business and make recommendations for improvements.

Responsibilities include but are not limited to:

  • Elicit requirements through workshops, interviews, observation, and document analysis
  • Produce clear documentation such as BRDs, user stories, and use case
  • Manage requirements change control and versioning effectively
  • Differentiating between business, functional, non-functional, and technical requirements
  • Conduct As-Is process discovery and accurately document the current state
  • Design To-Be processes with a clear rationale for improvements
  • Identify inefficiencies, bottlenecks, risks, and edge cases (beyond happy paths)
  • Apply BPMN notation and swim lane diagrams for process modelling
  • Perform stakeholder analysis, including RACI matrices and influence mapping
  • Manage conflicting stakeholder needs and priorities
  • Assess operating models (people, process, technology, data, governance) and identify gaps
  • Develop business cases with structured problem statements and quantified costs, benefits, and risks

The ideal candidate:

  • Experience working within the Insurance market. Ideally Big 4.
  • 3+ years' experience working as a Business Analyst.
  • Experience with requirements management, process analysis, operating model, or business case development.

Business Change Analyst: Insurance/Big 4 in London employer: Edenbrook

As a leading Lloyd's Insurance company, we pride ourselves on fostering a dynamic work environment that encourages innovation and professional growth. Our collaborative culture empowers Business Change Analysts to make impactful contributions while enjoying comprehensive benefits and opportunities for career advancement in the heart of the insurance sector. Join us to be part of a team that values your insights and supports your journey towards excellence.

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Contact Details:

Edenbrook Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Change Analyst: Insurance/Big 4 in London

Tip Number 1

Network like a pro! Reach out to folks in the insurance sector or those who've worked at Big 4 firms. LinkedIn is your best mate here – connect, engage, and don’t be shy to ask for informational chats.

Tip Number 2

Prepare for interviews by diving deep into process mapping and BPMN notation. Brush up on your ability to articulate how you've identified inefficiencies in past roles. We want you to showcase your analytical skills!

Tip Number 3

Practice makes perfect! Mock interviews with friends or mentors can help you nail down your responses. Focus on how you’ve managed conflicting stakeholder needs and developed business cases in previous positions.

Tip Number 4

Don’t forget to apply through our website! It’s a great way to get noticed. Tailor your application to highlight your experience in requirements management and process analysis – we’re all about that relevant experience!

We think you need these skills to ace Business Change Analyst: Insurance/Big 4 in London

Business Process Modelling
Requirements Elicitation
Documentation Skills
Business Requirements Documents (BRDs)
User Stories
Use Case Development
Change Control Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV speaks directly to the role of Business Change Analyst. Highlight your experience in the insurance sector and any relevant Big 4 background. We want to see how your skills align with the responsibilities listed in the job description.

Showcase Your Documentation Skills:Since clear documentation is key for this role, include examples of BRDs, user stories, or any process models you've created. We love seeing how you can communicate complex information simply and effectively!

Be Specific About Your Experience:When detailing your past roles, focus on specific projects where you identified inefficiencies or improved processes. We’re looking for concrete examples that demonstrate your analytical skills and ability to manage stakeholder needs.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any updates. Plus, it shows us you’re keen to join the StudySmarter team!

How to prepare for a job interview at Edenbrook

Know Your Processes Inside Out

Make sure you understand the 'as-is' processes in the insurance sector. Brush up on how to document systems and reporting tools, as well as the BPMN notation. Being able to discuss these confidently will show that you're ready to hit the ground running.

Prepare for Stakeholder Scenarios

Think about potential stakeholder conflicts and how you would manage them. Prepare examples from your past experience where you've successfully navigated conflicting needs. This will demonstrate your ability to handle real-world challenges.

Showcase Your Documentation Skills

Be ready to talk about your experience with producing clear documentation like BRDs and user stories. Bring examples if possible! This will highlight your attention to detail and your understanding of what makes effective documentation.

Quantify Your Impact

When discussing your previous roles, focus on quantifiable outcomes. Talk about how your recommendations led to improvements or efficiencies. This will help the interviewers see the tangible benefits you can bring to their organisation.