Business Analyst - London Insurance Market

Business Analyst - London Insurance Market

London Full-Time 60000 - 84000 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Join a dynamic team to deliver innovative insurance platforms and enhancements.
  • Company: Be part of a leading specialty insurer in the London Insurance Market.
  • Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
  • Other info: Ideal for those passionate about digital transformation and agile methodologies.
  • Why this job: Shape the future of insurance while collaborating with industry experts in a vibrant environment.
  • Qualifications: Experience in the London Insurance Market and strong analytical skills are essential.

The predicted salary is between 60000 - 84000 £ per year.

Overview

Business Analyst with London Insurance Market expertise to join a high-performing change team for a large specialty insurer. You will play a key role in the end-to-end delivery of new platforms, products, and enhancements – shaping requirements, managing backlogs, and ensuring business value is delivered throughout the lifecycle.

Key Responsibilities

  • Engage with underwriters and senior business stakeholders to understand pain points, gather requirements, and translate these into clear user stories and acceptance criteria
  • Act as a Product Owner in agile squads where appropriate, managing and prioritising the product backlog to ensure delivery aligns with strategic objectives
  • Facilitate workshops, interviews, and journey mapping sessions to elicit requirements and identify business value
  • Work with technical teams and solution architects to ensure feasibility and alignment with broader system architecture
  • Support UAT, including test case definition, coordination, and defect resolution
  • Collaborate with Change, Operations, and IT teams to ensure smooth delivery and stakeholder communication
  • Maintain a strong understanding of Lloyd’s, company market, and delegated authority processes

Required Experience

  • Extensive experience working in the London Insurance Market, ideally within a syndicate or carrier environment
  • Proven background as a Business Analyst, with a strong grasp of policy lifecycle, underwriting, and risk data
  • Demonstrable experience acting as a Product Owner, ideally in agile/iterative delivery models
  • Strong stakeholder engagement skills – especially working with underwriters and underwriting operations
  • Skilled in writing Epics, User Stories, and Acceptance Criteria
  • Familiar with digital transformation, data-driven solutions, and system migration or integration projects

If you feel you have the relevant skills and experience, please make an application.

Seniority level

  • Mid-Senior level

Employment type

  • Full-time

Job function

  • Analyst and Product Management

Industries

  • Insurance

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Business Analyst - London Insurance Market employer: Hanson Lee

Hanson Lee offers a dynamic and supportive work environment in the heart of London, making it an excellent employer for those looking to grow in the customer success field. With a strong emphasis on employee development, you will have access to mentorship from experienced leaders and opportunities to influence product direction while working with a diverse portfolio of clients. The hybrid work model promotes a healthy work-life balance, ensuring that you can thrive both personally and professionally.

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Contact Details:

Hanson Lee Recruitment Team

StudySmarter Expert Advice🤫

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

✨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 Hanson Lee. 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 Business Analyst - London Insurance Market

Business Analysis
Stakeholder Engagement
Agile Methodologies
Product Ownership
User Story Writing
Acceptance Criteria Definition
Jira and Confluence Proficiency

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 Hanson Lee.

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 Hanson Lee'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 Hanson Lee

✨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 Hanson Lee.

✨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 Hanson Lee 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 Hanson Lee 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.