At a Glance
- Tasks: Join a leading insurance firm to drive projects in policy systems and data analysis.
- 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 fields and 5+ years in business analysis or insurance systems.
- Other info: Dynamic role with opportunities to work on specialty lines and cutting-edge tools.
The predicted salary is between 36000 - 60000 £ 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 employer: High Finance (UK) Limited T/A HFG
Contact Detail:
High Finance (UK) Limited T/A HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - London Market Insurance
✨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 creating a list of common interview questions and practising your answers to show off your expertise.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and match your skills in business analysis and insurance.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for their team.
We think you need these skills to ace Business Analyst - London Market Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Analyst role in the London Market Insurance sector. Highlight your relevant experience, especially in business analysis and insurance systems, so we can see how you fit right into our team.
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past roles that showcase your expertise in data analysis, project delivery, and working with policy systems. We love seeing how you’ve made an impact!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you’re passionate about the role and how your background aligns with our needs. Make it personal and engaging, so we can get a sense of who you are beyond your CV.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at High Finance (UK) Limited T/A HFG
✨Know Your Stuff
Make sure you brush up on your knowledge of the London Market and insurance systems. Familiarise yourself with policy admin systems, bordereaux processing, and ACORD/eMessaging standards. This will show that you're not just a candidate, but someone who understands the industry inside out.
✨Showcase Your Experience
Prepare to discuss your past roles in business analysis and data analysis. Highlight specific projects where you’ve gathered requirements or supported implementation. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Ask Smart Questions
Interviews are a two-way street! Prepare insightful questions about the company’s current projects, challenges they face in the London Market, or their approach to underwriting workflows. This shows your genuine interest and helps you assess if the role is right for you.
✨Get Technical
Since this role involves working with various tools like RMS, AIR, or Exact, be ready to discuss your technical skills. If you have experience with these tools, share examples of how you've used them effectively in your previous roles. If not, express your willingness to learn and adapt.