Junior Business Analyst (Broking Solutions - Lloyd\'s of London)
Junior Business Analyst (Broking Solutions - Lloyd\'s of London)

Junior Business Analyst (Broking Solutions - Lloyd\'s of London)

London Entry level 30000 - 42000 ÂŁ / year (est.) No home office possible
Go Premium
hackajob

At a Glance

  • Tasks: Join our team to translate business needs into clear requirements and support product enhancements.
  • Company: Be part of Verisk, a leader in innovative insurance software solutions.
  • Benefits: Gain valuable experience, mentorship, and opportunities for career growth.
  • Why this job: Make an impact in the insurance industry while developing your analytical skills.
  • Qualifications: 0-2 years as a Business Analyst or relevant insurance experience; strong communication skills.
  • Other info: Dynamic work environment with exposure to cutting-edge technology and processes.

The predicted salary is between 30000 - 42000 ÂŁ per year.

Description

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

Verisk Specialty Business Solutions is an exceptional employer that fosters a collaborative and innovative work culture, particularly within the dynamic Lloyd's of London environment. Employees benefit from comprehensive growth opportunities, mentorship from experienced professionals, and the chance to work on cutting-edge insurance technology solutions that make a real impact in the industry. With a focus on professional development and a supportive team atmosphere, Verisk is dedicated to empowering its employees to thrive in their careers.
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 the interview by understanding the Broking Solutions platform inside out. Familiarise yourself with the key features and how they relate to the insurance lifecycle. This will show your genuine interest and help you stand out.

✨Tip Number 3

Practice your communication skills! As a Business Analyst, you'll need to convey complex ideas clearly. Try explaining concepts to friends or family to refine your ability to structure information effectively.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining the team at Verisk.

We think you need these skills to ace Junior Business Analyst (Broking Solutions - Lloyd\'s of London)

Business Analysis
Requirements Elicitation
User Story Development
Acceptance Criteria Definition
Agile Methodologies
Data Literacy
Organisational Skills
Communication Skills
Technical Fluency
Familiarity with Jira/Azure DevOps
Confluence Proficiency
Miro/Visio for Process Mapping
Understanding of the Software Delivery Lifecycle
Knowledge of London Market Processes

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 this role and how your background aligns with our needs. Be sure to mention your familiarity with Agile delivery and any experience with tools like Jira or Confluence.

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 various stakeholders effectively.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do 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

Clear communication is key for a Business Analyst role. Practice structuring your thoughts and responses. Be ready to ask thoughtful follow-up questions during the interview to demonstrate your analytical mindset and engagement with the topic.

✨Showcase Your Organisational Skills

Be prepared to discuss how you manage notes, actions, and artefacts across multiple workstreams. Share examples from your past experiences where you successfully kept track of complex information, as this will highlight your organisational prowess.

✨Embrace a Growth Mindset

During the interview, convey your curiosity and willingness to learn. Talk about how you've proactively closed knowledge gaps in the past and express your eagerness to seek feedback and mentorship from senior colleagues. This attitude will resonate well with the team at Verisk.

Junior Business Analyst (Broking Solutions - Lloyd\'s of London)
hackajob
Location: London
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>