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- Tasks: Lead analysis and requirements gathering for innovative educational programmes.
- Company: Join the UK's leading professional body for actuaries, dedicated to education and development.
- Benefits: Flexible hybrid working, competitive salary, and a commitment to diversity and inclusion.
- Other info: Opportunities for career growth in a supportive and inclusive environment.
- Why this job: Make a real impact in education while working with a diverse team.
- Qualifications: Experience as a Business Analyst and strong communication skills required.
The predicted salary is between 54055 - 57760 £ per year.
The Institute and Faculty of Actuaries (IFoA) is the UK's chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally. The IFoA regulates and represents over 34,000 members worldwide, overseeing their actuarial education at all stages of qualification and development throughout their careers. We set examinations, continuing professional development, professional codes and disciplinary standards for our members.
We are currently recruiting a Business Analyst for a Permanent contract. This role is hybrid, both working from home and in any of our hubs. We encourage our colleagues to work flexibly between home and the hub to suit their needs and preferences, in line with our hybrid working policy. Colleagues are able to work their hours flexibly, in line with core business hours and requirements. We also offer formalised flexible working agreements. The starting salary is £54,055 or £57,760 if based in London.
The principal accountabilities for this position are:
- Lead requirements elicitation and analysis across the programme
- Translate curriculum and assessment design into clear business and functional requirements
- Groom and maintain requirements to align with overall strategic and design principles
- Manage the programme Design Authority, alongside senior users
- Support design and delivery of a new global assessment function
- Analyse and document as-is and to-be processes
- Ensure alignment of curriculum outcomes, learning materials, assessments, and systems
- Support solution design, backlog refinement, and delivery planning
- Define acceptance criteria and support testing activities
- Identify risks and support mitigation planning
- Ensure regulatory, accessibility and data protection compliance
- Maintain traceability between requirements and delivered outcomes
We are looking for candidates with the following knowledge and experience:
- Proven experience as a Business Analyst on complex change programmes
- Strong requirements elicitation and stakeholder management skills
- Experience working with technology delivery teams
- Excellent written and verbal communication skills
- Experience in education, learning or assessment environments
- Experience with digital learning or assessment platforms
- Business Analysis or related professional qualification
The IFoA encourages applicants from a variety of backgrounds and experience and welcomes diversity with regard not only to protected characteristics but also diversity of thought. Diversity, equity and inclusion are more than just words for us. That’s why we are committed to creating a culture where everyone feels included and respected, and where no one is unfairly discriminated against. Consequently, we promote diversity, equity and inclusion in all our policies, practices and procedures, and actively encourage applications from a diverse range of potential candidates. All applications for our roles are considered on merit alone, and if you don’t meet all the criteria but believe you have something to offer, we want to hear from you.
Business Analyst employer: Institute and Faculty of Actuaries
Contact Detail:
Institute and Faculty of Actuaries Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees at the IFoA on LinkedIn. A friendly chat can give us insider info about the role and the company culture, plus it shows our genuine interest.
✨Tip Number 2
Prepare for the interview by practising common Business Analyst scenarios. We should be ready to discuss how we've handled requirements elicitation and stakeholder management in past projects. Real-life examples will make us stand out!
✨Tip Number 3
Showcase our tech-savviness! If we have experience with digital learning or assessment platforms, let’s highlight that during interviews. It aligns perfectly with what the IFoA is looking for in a candidate.
✨Tip Number 4
Don’t forget to apply through the IFoA website! It’s the best way to ensure our application gets noticed. Plus, we can tailor our CV and cover letter to match their specific needs and values.
We think you need these skills to ace Business Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Analyst role. Highlight your experience with requirements elicitation and stakeholder management, as these are key for us. Use specific examples that showcase your skills in education or assessment environments.
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 mission at IFoA. Don’t forget to mention any relevant qualifications or experiences that make you a great fit for the team.
Showcase Communication Skills: Since excellent written and verbal communication skills are essential, ensure your application reflects this. Keep your language clear and concise, and double-check for any typos or grammatical errors before hitting send!
Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets to us directly and allows you to access all the information about the role and our values.
How to prepare for a job interview at Institute and Faculty of Actuaries
✨Know Your Requirements
Before the interview, make sure you thoroughly understand the job description and the key responsibilities of a Business Analyst. Familiarise yourself with terms like 'requirements elicitation' and 'stakeholder management', as these will likely come up during your conversation.
✨Showcase Your Experience
Prepare specific examples from your past work that demonstrate your experience in complex change programmes. Highlight how you've successfully managed requirements and collaborated with technology delivery teams, as this aligns perfectly with what they’re looking for.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the role, the team dynamics, and how the IFoA measures success in this position. This shows your genuine interest and helps you assess if the company is the right fit for you.
✨Emphasise Communication Skills
Since excellent written and verbal communication skills are crucial for this role, be ready to discuss how you've effectively communicated with stakeholders in the past. You might even want to share a brief example of a challenging situation where your communication made a difference.