Senior Business Analyst - London Market
Senior Business Analyst - London Market

Senior Business Analyst - London Market

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Be the insurance expert shaping the future of London Market insurance systems.
  • Company: Join Guidewire, a leading platform for P&C insurers worldwide.
  • Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
  • Why this job: Make a real impact in the insurance industry while working with cutting-edge technology.
  • Qualifications: 5+ years in London Market insurance and strong analytical skills required.
  • Other info: Dynamic team environment with a commitment to innovation and diversity.

The predicted salary is between 36000 - 60000 £ per year.

SummaryAre you a London Market insurance industry professional? Are you passionate about insurance systems and want to influence the future insurance business written through London? Are you passionate about working in an international company? 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. Maybe you\’ve been on the underwriting team, a broker, a senior business analyst, or a product manager. 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 GuidewireGuidewire 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.

For more information, please visit www.guidewire.com and follow us on Twitter: @Guidewire_PandC.

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.

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Senior Business Analyst - London Market employer: Guidewire Software

Guidewire is an exceptional employer for Senior Business Analysts in the London Market, offering a dynamic work culture that fosters innovation and collaboration. With a strong commitment to employee growth, you will have access to ongoing training and development opportunities while working alongside industry experts in a diverse and inclusive environment. Located in the heart of London, you will be part of a global team that is shaping the future of insurance technology, making your contributions impactful and rewarding.
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Contact Detail:

Guidewire Software Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Business Analyst - London Market

Tip Number 1

Network like a pro! Get out there and connect with industry folks at conferences or seminars. It’s a great way to learn about the latest trends and make valuable contacts that could lead to job opportunities.

Tip Number 2

Show off your expertise! When you’re chatting with potential employers, don’t hold back on sharing your knowledge of the London Market. Your insights can set you apart from other candidates and show you’re the right fit for the role.

Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the job requirements. Tailor your stories to highlight your analytical skills and tech-savviness, especially in relation to insurance systems.

Tip Number 4

Apply through our website! We love seeing applications come directly from passionate candidates. It shows initiative and gives you a better chance to stand out in the hiring process.

We think you need these skills to ace Senior Business Analyst - London Market

London Market Insurance Expertise
Analytical Skills
Communication Skills
Project Management
Technical Understanding
Requirements Gathering
Product Design Collaboration
Reinsurance Knowledge
Delegated Authority Systems Experience
Agile Software Development
Problem-Solving Skills
Stakeholder Engagement
Documentation Skills
Decision-Making Skills

Some tips for your application 🫡

Show Your Passion for Insurance: When writing your application, let your enthusiasm for the London Market insurance industry shine through. We want to see how your experience and passion align with our mission at Guidewire.

Tailor Your CV and Cover Letter: Make sure to customise your CV and cover letter to highlight relevant experiences that match the job description. We love seeing how your background in underwriting, brokering, or business analysis fits into our team.

Be Clear and Concise: In your written application, clarity is key! Use straightforward language and structure your thoughts logically. We appreciate well-organised applications that make it easy for us to see your skills and experiences.

Apply Through Our Website: Don’t forget 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. We can’t wait to hear from you!

How to prepare for a job interview at Guidewire Software

Know Your London Market Inside Out

Make sure you brush up on your knowledge of the London Market insurance industry. Be prepared to discuss recent trends, regulatory changes, and how they impact product development. This will show that you're not just familiar with the basics but are genuinely passionate about the field.

Showcase Your Analytical Skills

As a Senior Business Analyst, your analytical skills are crucial. Prepare examples from your past experiences where you've successfully gathered requirements or solved complex problems. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.

Engage with Technology

Since the role requires comfort with technology, be ready to discuss any relevant software or tools you've used in previous roles. Highlight your experience with market placing platforms or any modern, rules-based applications, and how they can enhance efficiency in the insurance sector.

Prepare for Collaborative Discussions

Collaboration is key in this role, so think about how you've worked with cross-functional teams in the past. Be ready to share specific instances where you’ve facilitated discussions between stakeholders, developers, and customers to ensure everyone is aligned on project goals.

Senior Business Analyst - London Market
Guidewire Software
Location: London
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