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- Tasks: Join our team to analyse business needs and support product enhancements in the insurance sector.
- Company: Verisk, a leader in innovative insurance software solutions.
- Benefits: Gain hands-on experience, mentorship, and opportunities for career growth.
- Why this job: Make an impact in the dynamic world of insurance and reinsurance.
- Qualifications: 0-2 years as a Business Analyst or relevant insurance experience; strong analytical skills required.
- Other info: Collaborative environment with exposure to cutting-edge technology and industry practices.
The predicted salary is between 28800 - 48000 £ per year.
hackajob is collaborating with Verisk to connect them with exceptional tech professionals for this role.
About Verisk Specialty Business Solutions: Verisk Specialty Business Solutions, part of the global Verisk family, is a leading provider of innovative insurance and reinsurance software solutions. We specialize in delivering successful transformation programs for underwriters, brokers, and MGAs within the Lloyd’s, companies, and international insurance/reinsurance sectors. Our Sequel product range offers class‑leading, end‑to‑end solutions that enhance client experience and better inform risk decisions.
Position Overview: We’re looking for an ambitious and driven Business Analyst to join our Broking Solutions team. You will help translate business needs into clear, testable requirements and support the delivery of product enhancements and client implementations. This is a hands‑on, focused role: you’ll work closely with Senior BAs, Product Owners, UI/UX, Engineering, QA and client stakeholders to build your domain and product expertise while contributing day‑to‑day analysis tasks.
Responsibilities
- Build a working understanding of our Broking Solutions platform and the specialty (re)insurance lifecycle, with guidance from Senior BAs and Product Owners.
- Maintain up‑to‑date knowledge of key features and integrations relevant to broker workflows.
- Assist with requirements elicitation (interviews, workshops, shadowing, and document reviews) and capture clear notes and actions.
- Draft and refine user stories, acceptance criteria, and use cases whilst also capturing assumptions, dependencies, and non‑functional needs under the supervision of a Senior BA/Lead.
- Work with UI/UX to ensure user stories align to user journeys and wireframes.
- Partner with Developers and QA to clarify edge cases, remove ambiguity, and keep requirements testable and traceable.
- Support defect triage and query resolution during build and test phases; respond to questions to eliminate vagaries.
- Contribute to UAT preparation (test scenarios, data, environment checks), support client users during UAT, and help track outcomes through to BAU.
- Maintain high‑quality document artefacts (process maps, story maps, Confluence pages, release notes) that are easy for teammates and clients to follow.
- Prepare and deliver short demos or walkthroughs of new features internally; help create training materials for clients and colleagues.
- Actively seek feedback and mentoring from Senior BAs; take part in sprint ceremonies and project planning.
- Flag risks, dependencies, and scope changes promptly to the Senior BA/PM.
Qualifications
- 0–2+ years in a Business Analyst role or experience in a relevant insurance/broking operations role with strong analytical exposure (placements, endorsements, billing, bordereaux, or similar).
- Clear written and verbal communication; able to structure information and ask thoughtful, follow‑up questions.
- Basic familiarity with Agile delivery (scrum/kanban), user stories, and acceptance criteria.
- Strong organisational skills: can manage notes, actions, and artefacts across multiple small workstreams.
- Data literacy (comfortable with Excel; ability to validate data scenarios and spot inconsistencies).
- Growth mindset demonstrate curious, coachable mindset and proactive in closing knowledge gaps.
- Exposure to London Market processes (slips, endorsements, premiums/claims, accounting & settlement) or specialty lines is an advantage but not essential.
- Experience with Jira/Azure DevOps, Confluence, Miro/Visio (for user story/backlog and process mapping).
- Awareness of API/JSON concepts, basic SQL, or integration testing (you won’t be coding, but technical fluency will help).
- Understanding of the software delivery and product development lifecycle.
Junior Business Analyst (Broking Solutions - Lloyd\'s of London) employer: hackajob
Contact Detail:
hackajob Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Business Analyst (Broking Solutions - Lloyd\'s of London)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Verisk or in similar roles. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for your interviews by understanding the Broking Solutions platform inside out. Familiarise yourself with the insurance lifecycle and be ready to discuss how your skills can enhance client experiences.
✨Tip Number 3
Show off your analytical skills during interviews! Be ready to share examples of how you've tackled complex problems or improved processes in past roles. This will demonstrate your fit for the Business Analyst position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Junior Business Analyst (Broking Solutions - Lloyd\'s of London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Junior Business Analyst role. Highlight any relevant experience in insurance or broking operations, and don’t forget to showcase your analytical skills. We want to see how you can contribute to our Broking Solutions team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Be sure to mention your familiarity with Agile delivery and any experience with user stories.
Showcase Your Communication Skills: As a Business Analyst, clear communication is key. In your application, demonstrate your ability to structure information and ask thoughtful questions. This will show us that you’re ready to collaborate with our Senior BAs and other stakeholders.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re serious about joining our team at Verisk!
How to prepare for a job interview at hackajob
✨Know Your Stuff
Before the interview, make sure you have a solid understanding of Verisk's Broking Solutions platform and the specialty (re)insurance lifecycle. Brush up on key features and integrations relevant to broker workflows so you can speak confidently about how your skills align with their needs.
✨Master the Art of Communication
As a Junior Business Analyst, clear communication is key. Practice articulating your thoughts and structuring information logically. Be prepared to ask thoughtful follow-up questions during the interview to demonstrate your analytical mindset and engagement.
✨Showcase Your Organisational Skills
Highlight your ability to manage notes, actions, and artefacts across multiple workstreams. Bring examples of how you've kept things organised in past roles or projects, as this will resonate well with the responsibilities of the position.
✨Embrace a Growth Mindset
Demonstrate your curiosity and willingness to learn. Share instances where you've proactively closed knowledge gaps or sought feedback from more experienced colleagues. This will show that you're coachable and ready to grow within the role.