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- Tasks: Analyse and translate business requirements into effective data solutions for insurance clients.
- Company: Join EXL, a global leader in data and AI with a collaborative culture.
- Benefits: Competitive salary, private healthcare, flexible working, and professional development opportunities.
- Why this job: Make an impact in the insurance industry while developing your skills in a dynamic environment.
- Qualifications: Experience in business analysis, SQL, and understanding of insurance processes.
- Other info: Diverse workplace with excellent career growth and learning initiatives.
The predicted salary is between 28800 - 48000 £ per year.
EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. Bringing together domain expertise with robust data, powerful analytics, cloud and AI to create agile, scalable solutions and execute complex operations for the world’s leading corporations. EXL was founded on the core values of innovation, collaboration, excellence, integrity and respect, creating value from data to ensure faster decision-making and transforming operating models.
Key industries include Insurance, Healthcare, Banking and Financial Services, Media, and Retail, among others. Headquartered in New York, our team is over 60,000 strong, with more than 50 offices spanning six continents.
Summary of the role: The Business Analyst (BA) plays a key role in delivering solutions for EXL’s insurance clients. The role involves working closely with business and technical stakeholders to gather, analyse and translate business requirements into effective data and process solutions. The ideal candidate will have strong insurance vertical expertise (P&C, Commercial or Personal Lines) including policies, claims, premiums, combined with experience in complex SQL queries and extracting analysing data. This is a business-facing role requiring the ability to work both independently and collaboratively within cross-functional teams to ensure successful project delivery.
As part of your duties, you will be responsible for:
- Requirements & Analysis: Design, build, and optimise SQL queries to extract, analyse, and validate insurance data from multiple source systems.
- Business Analysis & Requirements Gathering: Work with business users and product owners to gather, analyse, and document requirements. Conduct stakeholder interviews, requirement workshops and walkthroughs. Translate business needs into clear user stories, acceptance criteria, and functional specifications. Prepare and maintain BRDs, FSDs, User Stories & Acceptance Criteria, Process Flows/BPMN diagrams, and Use Case Documents. Maintain version control and structured documentation in Confluence.
- Project & Stakeholder Management: Work with cross-functional teams (Dev, QA, Architecture, Product). Participate in backlog grooming, sprint planning, UAT support, and defect triage. Ensure end-to-end requirement traceability in Jira. Communicate risks, dependencies, and impacts proactively.
Domain Knowledge (Good to Have): Understanding of insurance processes—policy issuance, endorsements, renewals, claims, underwriting. Familiarity with insurance platforms (Guidewire, Duck Creek) is a plus.
5-8 years of experience as a Business Analyst / Technical BA. Strong experience with Jira, Confluence, API understanding, and Postman. Ability to create detailed process flows, wireframes, and technical documentation. Strong analytical, problem-solving, and communication skills. Good understanding of SDLC & Agile methodologies. Good SQL knowledge. Good to have: Knowledge on Senator/ Subscribe/Acumen (any of them) would be an added advantage with Insurance domain knowledge.
As part of a leading global analytics and digital solutions company, you can look forward to a competitive salary with a generous bonus, private healthcare, critical illness life assurance at 4 x your annual salary, income protection insurance, and a rewarding pension. EXL provides everyday financial well-being solutions, such as cash back cards, in which you can earn cashback while enjoying discounts, promotions, and offers from top retailers. We also offer a Cycle Scheme where you can save money on bikes and cycling accessories.
At EXL, we are committed to providing our employees with the tools and resources they need to succeed and excel in their careers. We offer a wide range of professional and personal development opportunities. We also support a range of learning initiatives that allow our employees to build on their existing skills and knowledge. From online courses to seminars and workshops, our employees have the opportunity to enhance their skills and stay up to date with the latest trends and technologies.
As an Equal Opportunity Employer, EXL is committed to diversity. Our company does not discriminate based on race, religion, colour, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, age, or disability status. EXL employees are eligible to purchase stock as part of our Employee Stock Purchase Plan (ESPP). At EXL, we offer a flexible hybrid working model that allows employees to live a balanced, healthy lifestyle while strengthening our culture of collaboration.
To be considered for this role, you must already be eligible to work in the United Kingdom.
Technical Business Analyst - Insurance employer: exl
Contact Detail:
exl Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Technical Business Analyst - Insurance
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those who work at EXL. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the technical side! Brush up on your SQL skills and be ready to discuss how you've used data analysis in past projects. We want to see your problem-solving skills in action!
✨Tip Number 3
Show off your collaboration skills! Be ready to share examples of how you've worked with cross-functional teams. Highlighting your ability to communicate effectively with both technical and business stakeholders is key.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining our team at EXL. Don’t miss out!
We think you need these skills to ace Technical Business Analyst - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Technical Business Analyst role. Highlight your experience in insurance, SQL skills, and any relevant projects you've worked on. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the insurance industry and how your skills can help us at EXL. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Mention specific tools or methodologies you’ve used, like SQL or Agile practices, to demonstrate your expertise.
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 exl
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of insurance processes like policy issuance, claims, and underwriting. Being able to discuss these topics confidently will show that you understand the industry and can relate to the role.
✨SQL Skills Are Key
Since this role requires strong SQL skills, practice writing complex queries before your interview. Be ready to discuss how you've used SQL in past projects, as this will demonstrate your technical expertise and problem-solving abilities.
✨Master the Art of Requirements Gathering
Prepare to talk about your experience in gathering and documenting requirements. Think of specific examples where you successfully translated business needs into user stories or functional specifications, as this is crucial for the role.
✨Familiarise Yourself with Tools
Get comfortable with tools like Jira and Confluence, as well as Agile methodologies. If you can speak about how you've used these tools in previous roles, it will show that you're ready to hit the ground running.
