At a Glance
- Tasks: Lead change initiatives in a dynamic insurance environment, enhancing processes and systems.
- Company: Join a leading organisation in Insurance Broking, known for its innovative approach.
- Benefits: Enjoy opportunities for remote work, professional development, and a collaborative culture.
- Why this job: Make a real impact on business processes while mentoring others in a supportive team.
- Qualifications: Experience in insurance broking with strong communication and leadership skills required.
- Other info: This role involves travel to various sites across the UK.
The predicted salary is between 48000 - 72000 £ per year.
Join one of the most prominent organisations within Insurance Broking as a Senior Business Analyst. In a role that focuses on a varied change portfolio within a large retail insurance division, you will support and introduce changes to business processes and systems delivering projects of different sizes and complexity including, but not limited to digital, regulatory, data transformation, system enhancements, migration and operational efficiency.
Duties will include:
- Build strong relationships with key stakeholders working with them to establish business and customer needs, producing requirements and design documents.
- Use a variety of techniques and methodologies to elicit and endorse requirements, coordinate walk-through and signoffs.
- Help to scope projects by recognising and understanding the business problem and primary objectives of new change initiatives.
- Support and management of User Acceptance Testing when required, providing insight into resolution of any fixes.
- Support and assist training team in rolling out new processes or functionality.
- Plan, design and deliver the handover of business processes to the functional owner in a way that allows for continuous improvement.
- Participate and support continuous improvements within the team and its processes.
- Coaching and mentoring other members of the team and wider business stakeholders.
Required skills and experience:
It is imperative that you have worked within the change function of an insurance broker, MGA or provider and have played a key role in the delivery of projects across both IT and operational change. This role is for a senior, so you will have experience taking the lead, mentoring others, and creating complex as-is to-be business process maps, as well as be able to translate complex processes and controls within an insurance business.
Communication skills are key, as is the ability to confidently present your findings, and deliver within a deadline driven environment. Your approach will need to have the customer and commercial goals in mind at all times, and you will be outcome driven in all you do.
Experience with insurance broking software such as Acturis, CDL Strata or similar will also be highly advantageous, as is a sound understanding of retail insurance and related products. Although Manchester based, this is working for a large, UK wide insurance business so as a Senior Business Analyst you will be expected to travel to other sites when required.
Requirements elicitation, fit/gap analysis and preparation of functional design documents wireframes. Formal Business Analysis qualification or membership of relevant professional body is desirable. Lead and motivate others through good people management skills, a creative problem-solver with an ambitious, can-do attitude. A proficient knowledge of Microsoft 365 (Office) including Visio. Experience of using project tools such as Jira. Experience of working in matrix teams across multiple offices, including third party suppliers.
Senior Business Analyst - Insurance employer: GerrardWhite
Contact Detail:
GerrardWhite Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Business Analyst - Insurance
✨Tip Number 1
Network with professionals in the insurance industry, especially those who work as Business Analysts. Attend industry events or webinars to connect with potential colleagues and learn about their experiences. This can give you insights into the role and may even lead to referrals.
✨Tip Number 2
Familiarise yourself with the specific software mentioned in the job description, such as Acturis or CDL Strata. Consider taking online courses or tutorials to enhance your skills in these tools, as this will make you a more attractive candidate.
✨Tip Number 3
Prepare to discuss your experience with change management in detail. Be ready to share specific examples of projects you've led or contributed to, focusing on your role in stakeholder engagement and process improvement.
✨Tip Number 4
Showcase your communication skills by practising how you present complex information clearly and concisely. You might want to create a mock presentation based on a past project to demonstrate your ability to convey findings effectively during the interview.
We think you need these skills to ace Senior Business Analyst - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the insurance sector, particularly in change management. Emphasise your role in delivering projects and any specific software you have used, such as Acturis or CDL Strata.
Craft a Compelling Cover Letter: In your cover letter, address how your skills align with the job description. Mention your experience in stakeholder management, requirements elicitation, and your ability to mentor others, showcasing your leadership qualities.
Showcase Relevant Projects: When detailing your experience, include specific examples of projects you've led or contributed to that involved digital transformation, operational efficiency, or system enhancements. Use metrics to demonstrate your impact where possible.
Prepare for Potential Questions: Anticipate questions related to your experience with business process mapping and user acceptance testing. Be ready to discuss how you approach problem-solving and continuous improvement in a deadline-driven environment.
How to prepare for a job interview at GerrardWhite
✨Know Your Insurance Basics
Make sure you brush up on your knowledge of insurance broking, especially the specific products and processes relevant to the role. Being able to discuss industry trends and challenges will show that you're not just familiar with the basics but also engaged with the sector.
✨Demonstrate Stakeholder Engagement Skills
Prepare examples of how you've built strong relationships with stakeholders in previous roles. Highlight your ability to elicit requirements and manage expectations, as this is crucial for a Senior Business Analyst in a change function.
✨Showcase Your Project Management Experience
Be ready to discuss your experience with managing projects, particularly in IT and operational change. Use specific examples to illustrate your role in scoping projects, conducting user acceptance testing, and delivering results within deadlines.
✨Highlight Your Mentoring Abilities
As a senior position, you'll be expected to coach and mentor others. Prepare to talk about your experiences in leading teams, sharing knowledge, and fostering a collaborative environment. This will demonstrate your leadership skills and commitment to continuous improvement.