At a Glance
- Tasks: Support analysis and manage change requirements in a dynamic market environment.
- Company: Join a forward-thinking organisation focused on innovative market services.
- Benefits: Competitive salary up to £55k, bonuses, and comprehensive benefits.
- Other info: Great opportunity for career growth in a collaborative, matrix-structured team.
- Why this job: Be a key player in driving impactful changes within the insurance market.
- Qualifications: Problem-solving mindset and ability to manage stakeholder relationships.
The predicted salary is between 50000 - 55000 £ per year.
This role has been established to support analysis across a range of LIMOSS market services. The change team manage and deliver market change for both LIMOSS owned market services and third-party services in which we have an interest. This role covers business process and support of technical requirements as part of the project lifecycle. The LIMOSS organisational structure is such that this individual is required to switch between an analysis and delivery role as dictated by demand (pan-services). This role would be suited to self-starting individuals who like to solve problems and drive outcomes alongside PMs – some experience of the insurance market and systems would be preferable but not essential – we are more interested in evidence of capability and skill set as opposed to direct experience.
Note this is more a mid-range role with salary range up to £55k p.a. plus bonus and benefits.
Staff - No Direct reports – we work in a matrix structure, but the role requires an ability to manage across change where support is required. PMs will manage BA.
External - Linkage to a number of vendor organisations as appropriate and will be expected to support analysis of various service backlogs and support vendor/internal design documentation.
Job Role Themes:
- Provide Support for Analysis of change requirements
Objective - Support review and assessment of change requirements, working with market participants to create new requirements. Ownership of functional backlog management alongside PM.
Outcome - Good quality user stories and documentation to support next steps on process and system changes.
- Ensure requirements are documented according to the LIMOSS change framework.
Outcome - Consistent and well documented approach with a fully managed requirements documents/user stories.
- Support resolution of priority conflicts with appropriate market service stakeholders.
Outcome - Clear view, consideration, and management of change prioritisation that highlights any conflicts.
- Design
Objective - Ensure that the solutions proposed and built will deliver the required business outcomes.
Outcome - Well documented solution design linked to the original business requirements.
Objective - Support co-ordination of resources with vendors and stakeholders to identify, analyse, and escalate any relevant design issues.
Outcome - Gap analysis, management, and resolution of design issues with clear outcomes presented.
Objective - Act as co-ordination point during design to ensure the impact of change is understood.
Outcome - Clearly documented change impact analysis.
- Test Support
Objective - Function as the single control point for planning with internal and external testers.
Outcome - Structured scoped test plans and agreed scenarios to support the releases.
- Service Engagement
Objective - Support PMs to ensure that service impacts are covered.
Outcome - Service impacts of changes are considered and analysed.
Adoption and market engagement analysis and readiness.
Objective - Prepare appropriate market materials to support adoption with key market firms and manage any vendor impacts.
Outcome - Market are sighted on the solution/ offering and market impact is understood and well managed alongside PM.
Objective - Work across LIMOSS to ensure change is accepted by Market users.
Outcome - Market users are ready for and confident in the change brought about.
Authority
No delegated approval authority.
Business Analyst in London employer: LIMOSS
At LIMOSS, we pride ourselves on being an excellent employer that fosters a collaborative and innovative work culture. As a Business Analyst, you will have the opportunity to engage with diverse market participants, driving meaningful change while benefiting from competitive salary packages, bonuses, and professional development opportunities. Our supportive environment encourages self-starters who are eager to solve problems and make a tangible impact in the insurance market.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to business analysis. Think about how your skills can solve problems and drive outcomes, just like we do at StudySmarter!
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of how you've tackled challenges in the past, especially if they relate to process improvements or stakeholder management.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team.
We think you need these skills to ace Business Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Analyst role. Highlight relevant skills and experiences that align with the job description, especially around analysis, documentation, and stakeholder management. We want to see how you can drive outcomes!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your problem-solving skills and any experience you have in the insurance market, even if it's not direct. We love a good story!
Showcase Your Analytical Skills:In your application, be sure to showcase your analytical skills. Provide examples of how you've managed requirements or resolved conflicts in the past. We’re looking for evidence of capability, so don’t hold back!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at LIMOSS
✨Know Your Business Analysis Basics
Brush up on the fundamentals of business analysis, especially in relation to change management and requirements documentation. Be ready to discuss how you would approach creating user stories and managing a functional backlog.
✨Showcase Problem-Solving Skills
Prepare examples from your past experiences where you've successfully solved problems or driven outcomes. Highlight your ability to switch between analysis and delivery roles, as this is key for the position.
✨Understand the Insurance Market
While direct experience isn't essential, having a basic understanding of the insurance market and its systems can set you apart. Research common challenges and trends in the industry to demonstrate your interest and initiative.
✨Communicate Clearly and Effectively
Practice articulating your thoughts clearly, especially when discussing complex ideas like change impact analysis or gap analysis. Good communication is crucial for coordinating with PMs and vendors, so be prepared to showcase this skill during the interview.
