At a Glance
- Tasks: Join our team as a Business Analyst, analysing and improving insurance software solutions.
- Company: Verisk is a leading provider of innovative insurance software, transforming the industry for over 50 years.
- Benefits: Enjoy flexible work options, coaching, and a supportive culture in a Great Place to Work.
- Other info: Join a diverse team committed to innovation and inclusivity, with opportunities for personal growth.
- Why this job: Be part of a dynamic team, mentor juniors, and make a real impact in the insurance sector.
- Qualifications: 3+ years in business analysis, preferably in insurance; strong analytical skills and teamwork required.
The predicted salary is between 42000 - 84000 £ per year.
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 experiences and better inform risk decisions.
Position Overview: We are seeking a highly skilled and motivated Business Analyst to join our team. The ideal candidate will have between 3+ 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. Work on multiple requests which would need detailed evaluating (MoSCoW) followed by preparing and presenting recommendations on how to productise, working collaboratively with UI/UX, developers, QA and key stakeholders. 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, with specialist knowledge on certain areas of the product.
- 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, rationale of user cases, during design and requirements gathering meetings with the ability to lead both internal and client attended 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 users and stakeholders to gather, analyse and document business requirements.
- Produce user stories and requirements documentation, with clear understanding of business requirements and functional requirements.
- Work closely with development and product teams to ensure adequate 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 team. Provide guidance regarding criticality of any defects raised associated with requirements during build and test process.
- Assisting during the execution of user acceptance testing and supporting client through to BAU.
- Testing is also a significant part of the role, ensuring the system does what was intended and iterating and improving as and when required.
- Execute training for clients and other team members in complex areas.
Qualifications
- 3+ 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.
- Experience in Agile and/or Waterfall methodologies.
- 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.
For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster. At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.
Verisk Analytics is an equal opportunity employer. All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.
Mid-level Business Analyst - Whitespace Software - Specialty Insurance in London employer: Hackajob
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StudySmarter Expert Advice🤫
We think this is how you could land Mid-level Business Analyst - Whitespace Software - Specialty Insurance in London
✨Tip Number 1
Familiarise yourself with the specific software solutions offered by Verisk, especially their Sequel product range. Understanding how these tools enhance client experiences will help you articulate your insights during interviews.
✨Tip Number 2
Network with professionals in the insurance industry, particularly those with experience in the London Market. Engaging in conversations can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on Agile and Waterfall methodologies, as well as your technical skills in JSON or other coding languages. Being able to discuss these topics confidently can set you apart from other candidates.
✨Tip Number 4
Prepare to demonstrate your analytical and problem-solving abilities through real-world examples. Think of scenarios where you've successfully gathered and documented requirements, as this will showcase your fit for the role.
We think you need these skills to ace Mid-level Business Analyst - Whitespace Software - Specialty Insurance in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience as a Business Analyst, especially in the insurance industry. Emphasise any exposure to the London Market and detail your technical skills, particularly in JSON or other coding languages.
Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of Verisk's business and how your skills align with their needs. Mention specific experiences where you've successfully gathered and documented business requirements or led workshops.
Showcase Analytical Skills:In your application, provide examples of how you've used analytical and problem-solving abilities in past roles. Highlight any experience with Agile or Waterfall methodologies, as well as your ability to mentor junior analysts.
Proofread and Edit:Before submitting your application, thoroughly proofread your documents for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a Business Analyst role.
How to prepare for a job interview at Hackajob
✨Understand the Insurance Landscape
Familiarise yourself with the insurance industry, particularly the London Market. Being able to discuss current trends and challenges in the sector will demonstrate your knowledge and commitment to the role.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples of how you've analysed business processes in the past. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your problem-solving abilities.
✨Communicate Clearly and Effectively
As a Business Analyst, communication is key. Practice articulating complex ideas simply and clearly. Be ready to explain how you gather and document requirements, and how you ensure all stakeholders are on the same page.
✨Demonstrate Team Collaboration
Be prepared to discuss your experience working in teams, especially in Agile environments. Highlight instances where you've collaborated with developers, UI/UX designers, and other stakeholders to deliver successful projects.