Business Analyst - London Market Insurance

Business Analyst - London Market Insurance in City of London

City of London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a leading insurance firm to drive project delivery and enhance policy systems.
  • Company: Respected insurance organisation with a strong presence in the London Market.
  • Benefits: Competitive salary, professional development, and opportunities for career advancement.
  • Why this job: Make a real impact in the insurance industry while working on exciting projects.
  • Qualifications: Degree in relevant field and 5+ years in business analysis or insurance systems.
  • Other info: Dynamic role with exposure to cutting-edge insurance technologies and workflows.

The predicted salary is between 43200 - 72000 £ per year.

A well-respected Insurance organisation is looking for a Business Analyst to be involved in the delivery of projects related to the policy systems, helping with the scoping, project proposition, requirements gathering, data analysis, writing up user stories, supporting implementation and business acceptance testing.

Key Requirements

  • Degree in Business, Information Systems, Insurance, Data/Technology, or comparable experience.
  • Have at least 5 years in business analysis, data analysis, IT system management or insurance systems product owner roles within Lloyd's or the London Market.
  • Knowledge of specialty lines, underwriting workflows, or delegated authority processes.
  • Experience with policy admin systems, bordereaux processing, and ACORD/eMessaging standards.
  • Familiarity with exposure and pricing tools such as RMS, AIR, or Exact.
  • Progress toward ACII or BECKS certifications is advantageous.

Business Analyst - London Market Insurance in City of London employer: HFG

Join a prestigious Insurance organisation in the heart of London, where you will thrive in a collaborative and innovative work culture that values your expertise as a Business Analyst. With a strong commitment to employee development, you will have access to continuous learning opportunities and the chance to work on impactful projects within the dynamic London Market. Enjoy competitive benefits and a supportive environment that encourages professional growth and meaningful contributions to the insurance industry.
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Contact Detail:

HFG Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who work in the London Market. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of policy systems and underwriting workflows. We recommend practising common interview questions related to business analysis and having examples ready that showcase your experience.

✨Tip Number 3

Don’t just apply anywhere; focus on companies that align with your career goals. Use our website to find roles that match your skills in data analysis and IT system management within the insurance sector.

✨Tip Number 4

Follow up after interviews! A quick thank-you email can keep you top of mind for hiring managers. It shows your enthusiasm for the role and reinforces your interest in joining their team.

We think you need these skills to ace Business Analyst - London Market Insurance in City of London

Business Analysis
Data Analysis
Requirements Gathering
User Story Writing
Implementation Support
Business Acceptance Testing
Knowledge of Specialty Lines
Underwriting Workflows
Delegated Authority Processes
Policy Administration Systems
Bordereaux Processing
ACORD Standards
eMessaging Standards
Exposure and Pricing Tools (RMS, AIR, Exact)
ACII or BECKS Certifications

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Business Analyst role. Highlight your experience in business analysis, especially within the London Market, and showcase any relevant projects you've worked on that align with the job description.

Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past roles to show how you’ve successfully gathered requirements, conducted data analysis, or supported implementation processes. This will help us see your practical experience.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you're passionate about the insurance industry and how your background makes you a perfect fit for this role. Be sure to mention your familiarity with policy admin systems and any relevant certifications.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at HFG

✨Know Your Stuff

Make sure you brush up on your knowledge of the London Market and specialty lines. Familiarise yourself with underwriting workflows and delegated authority processes, as these are crucial for the role. Being able to discuss these topics confidently will show that you're serious about the position.

✨Showcase Your Experience

Prepare specific examples from your past roles that highlight your experience in business analysis and data analysis. Think about projects where you gathered requirements or supported implementation. This will help demonstrate your hands-on experience and how it aligns with what the company is looking for.

✨Get Technical

Since the role involves policy admin systems and tools like RMS or AIR, be ready to discuss your technical skills. Brush up on ACORD/eMessaging standards and any relevant software you've used. Showing that you can navigate these systems will give you an edge over other candidates.

✨Ask Smart Questions

Prepare thoughtful questions about the company's projects and challenges. This not only shows your interest but also gives you insight into how you can contribute. Asking about their approach to business acceptance testing or how they handle data analysis can spark a great conversation.

Business Analyst - London Market Insurance in City of London
HFG
Location: City of London
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