At a Glance
- Tasks: Be the insurance expert influencing the future of London Market insurance.
- Company: Join Guidewire, a leading platform for P&C insurers worldwide.
- Benefits: Inclusive workplace, diverse culture, and opportunities for professional growth.
- Why this job: Shape innovative insurance solutions while collaborating with global teams.
- Qualifications: 5+ years in London Market insurance and strong analytical skills required.
- Other info: Exciting projects with cutting-edge technology and a commitment to quality.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Are you a London Market insurance industry professional? Are you passionate about insurance systems and want to influence the future insurance business written through London? If so, then being a Guidewire Senior Business Analyst might be the right role for you. Our Business Analysts are our insurance experts within the Product Management team.
Your primary responsibilities would be to explain and represent the London Market insurance industry to the product development organization, to work alongside colleagues interacting with customers on project implementations. Your background should be in London Market insurance/reinsurance, with roles at syndicates, brokers, managing agents, software vendors, or others within the complex commercial/specialty space of Lloyd's and the company market.
You should have a high degree of comfort with technology, and exceptional analytical and communications skills. You should also be comfortable engaging in product design discussions with developers, gathering requirements from customer workshops and presenting to prospective customers. Because of our strong commitment to quality across the development team, you will also support the creation, execution and validation of robust functional and integration test cases that truly reflect how our customers would exercise our solutions.
Job Description
- Acting as a subject matter expert on London Market insurance, open market, delegated authority and reinsurance.
- Collaborating with a team of local Senior Business Analysts, taking ownership of the Underwriting and Policy management workstream within the London Market Insurance space.
- Providing context and perspective to the Product Owners and the Product Managers designing and prioritizing enhancements to our products.
- Attending conferences/seminars to stay current with market modernisation initiatives, understanding their relevance and influence on company strategy.
- Research of insurance industry questions, including interpretation and summarization of insurance manuals, regulatory filings, and publications from professional organizations or regulatory bodies.
- Helping implementation teams and Partners to understand and interpret the requirements being given to them by insurance carriers.
- Being the insurance expert who can help customers, prospective customers, engineering, support, sales, and other groups with questions.
- Showing an interest in leveraging new technologies, tools and methods to boost efficiency, accuracy, and decision‑making when defining business requirements.
- Eliciting, analysing, specifying, and validating the business needs of stakeholders, be they customers or end users.
- Collaborating with project sponsors to determine project scope and vision.
- Creating sample policies and validating test results to support application feature design.
- Diagnosing and reporting issues, following issues to resolution, and working with the development and services teams on workarounds.
- Documenting known issues and workaround for release notes.
- Participating in Guidewire events as SME.
Desired Skills/Experience
- 5+ years of experience on the London Market insurance, Lloyd's or Company markets.
- 3+ years of experience on the IT side of the P&C insurance industry.
- Experience working with London Market delegated authority systems for coverholder reporting or data standardization.
- Reinsurance experience, including ceded reinsurance solution capabilities and assumed reinsurance requirements.
- Technical capacity - you should feel comfortable understanding specifications and be able to communicate with the engineering team on technical decisions.
- Experience with market placing platforms.
- Familiarity with modern, rules‑based, configurable software applications.
- Ability to translate high‑level requirements into actionable product features via user stories.
- Ability to manage complex initiatives with limited supervision.
- Exceptional written and oral communication skills.
- Good decision‑making and analytical skills.
- Ability to excel in a team‑oriented environment.
- Experience with agile software development is a plus.
- A real passion for insurance, software systems and problem solving.
About Guidewire
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 540+ insurers in 40 countries, from new ventures to the largest and most complex in the world, run on Guidewire. As a partner to our customers, we continually evolve to enable their success.
We are proud of our unparalleled implementation track record with 1600+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our Marketplace provides hundreds of applications that accelerate integration, localisation, and innovation.
Guidewire Software, Inc. is proud to be an equal opportunity and affirmative action employer. We are committed to an inclusive workplace, and believe that a diversity of perspectives, abilities, and cultures is a key to our success. Qualified applicants will receive consideration without regard to race, color, ancestry, religion, sex, national origin, citizenship, marital status, age, sexual orientation, gender identity, gender expression, veteran status, or disability. All offers are contingent upon passing a criminal history and other background checks where it's applicable to the position.
Senior Business Analyst - London Market in City of London employer: Guidewire Software
Contact Detail:
Guidewire Software Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Business Analyst - London Market in City of London
✨Network Like a Pro
Get out there and connect with people in the London Market insurance scene! Attend industry events, seminars, and conferences to meet potential employers and showcase your expertise. Remember, it’s all about who you know!
✨Show Off Your Skills
When you get the chance to chat with hiring managers or during interviews, don’t hold back! Share specific examples of how you've tackled challenges in the past, especially those related to underwriting and policy management. We want to see your analytical skills in action!
✨Be the Tech Guru
Make sure you’re up to speed with the latest tech trends in the insurance industry. Being comfortable with software applications and understanding technical specifications will set you apart. Show us how you can bridge the gap between business needs and tech solutions!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and genuinely interested in joining our team at Guidewire.
We think you need these skills to ace Senior Business Analyst - London Market in City of London
Some tips for your application 🫡
Show Your Passion for Insurance: Make sure to highlight your enthusiasm for the London Market insurance industry in your application. We want to see that you’re not just looking for a job, but that you genuinely care about influencing the future of insurance.
Tailor Your Experience: When detailing your experience, focus on roles that align with the responsibilities mentioned in the job description. We love seeing how your background in underwriting, brokering, or as a business analyst can contribute to our team.
Communicate Clearly: Your written application should reflect your exceptional communication skills. Use clear and concise language to convey your ideas, and don’t forget to proofread for any errors. We appreciate attention to detail!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Guidewire Software
✨Know Your Stuff
Make sure you brush up on your knowledge of the London Market insurance industry. Be prepared to discuss your experience with syndicates, brokers, and managing agents, as well as any relevant software systems you've worked with. This will show that you’re not just familiar with the industry but are genuinely passionate about it.
✨Communicate Clearly
Since exceptional communication skills are a must for this role, practice articulating your thoughts clearly and concisely. Think about how you can explain complex insurance concepts in simple terms, especially when discussing product design or requirements with technical teams.
✨Show Your Analytical Skills
Be ready to demonstrate your analytical abilities during the interview. Prepare examples of how you've gathered and validated business requirements in the past, and be ready to discuss how you approach problem-solving in a team environment.
✨Engage with Technology
Highlight your comfort with technology and any experience you have with modern, rules-based software applications. Discuss how you've leveraged new tools to improve efficiency and decision-making in previous roles, as this aligns perfectly with what the company is looking for.