At a Glance
- Tasks: Analyse business processes and mentor junior analysts while ensuring effective system functionality.
- Company: Join Verisk, a leader in specialty insurance with a collaborative team culture.
- Benefits: Competitive salary, professional development opportunities, and a supportive work environment.
- Other info: Dynamic role with opportunities for mentorship and career advancement.
- Why this job: Make a real impact in the insurance industry while growing your career.
- Qualifications: 4+ years as a Business Analyst in insurance, strong analytical skills, and team collaboration.
The predicted salary is between 45000 - 55000 £ per year.
We are seeking a highly skilled and motivated Business Analyst to join our team. The ideal candidate will have between 4+ years of experience as a Business Analyst within the insurance industry, preferably with exposure to the London Market, though this is not mandatory. They will write and communicate specifications based on business requirements, clarifying and giving further examples where necessary. Testing is also a significant part of the role, ensuring the system does what was intended and iterating and improving as and when required. They will also act as a mentor to the junior members of the BA team, offering support and sharing expertise.
Responsibilities
- Develop an understanding of the Platform functionality.
- Conducting the analysis of business processes, functions and procedures to determine the most effective business systems technology that meet the needs of the organisation.
- Providing detailed knowledge during design and requirements gathering meetings with the ability to lead workshops, with a low level of support from more experienced analysts.
- Work with colleagues to translate business requirements into functional requirements.
- Providing support and review to the junior analysts within their project team to deliver on requirements.
- Providing and delivering on estimates given to Lead Analyst / Project Managers.
- Liaising with their Lead Analyst/PM within their project team / pod around escalations and problem resolution.
- Collaborate with stakeholders to gather and analyze business requirements.
- Develop user stories and requirements documentation.
- Work closely with development and product teams to ensure accurate implementation of requirements.
- Respond to questions and eliminate vagaries during the development phase.
- Reviewing with the assistance of more experienced analysts the coverage of tests executed by the QA, taking part in the testing of the Platform and system integrations.
- Assisting during the execution of user acceptance testing and supporting client through to BAU.
Qualifications
- 4+ years of experience as a Business Analyst in the insurance industry.
- Insurance experience is a must with London Market strongly desirable.
- Strong technical skills, particularly in JSON or proficiency in other coding languages is desirable.
- Excellent analytical and problem-solving abilities.
- Very strong communication and interpersonal skills.
- Ability to work effectively in a team-oriented environment.
- Experience effectively gathering, managing and documenting requirements, and development of use cases.
- Understanding of the Project Life Cycle and Agile development and testing principles.
- Self-motivated and happy to work independently, with the ability to organise time/work effectively.
- Experience in providing reviews, feedback and mentoring analysts is desired but not essential.
Mid-level Business Analyst (Whitespace Software - Specialty Insurance) employer: hackajob
Verisk is an exceptional employer that fosters a collaborative and innovative work culture, particularly for professionals in the insurance sector. With a strong emphasis on employee growth, Verisk offers mentorship opportunities and encourages continuous learning, making it an ideal environment for mid-level Business Analysts looking to advance their careers. Located in the heart of London, employees benefit from a vibrant city atmosphere while working on cutting-edge technology solutions that drive the industry forward.
StudySmarter Expert Advice🤫
We think this is how you could land Mid-level Business Analyst (Whitespace Software - Specialty Insurance)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like hackajob. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Mid-level Business Analyst (Whitespace Software - Specialty Insurance)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to hackajob.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on hackajob's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at hackajob
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with hackajob.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at hackajob will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former hackajob employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
