Insurance Business Analyst
Insurance Business Analyst

Insurance Business Analyst

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Analyse business needs and translate them into actionable requirements for insurance projects.
  • Company: Join Luxoft DXC Technology, a leader in financial and insurance consulting.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Why this job: Be part of a dynamic team delivering impactful solutions in the insurance sector.
  • Qualifications: Experience as a Business Analyst, preferably in Life Insurance or Protection domains.
  • Other info: Collaborative environment with a focus on continuous improvement and career advancement.

The predicted salary is between 36000 - 60000 £ per year.

Luxoft DXC Technology Company is an established company focusing on consulting and implementation of complex projects in the financial and insurance industry. Together with the customer, we deliver top performance!

For one of our clients in the Insurance Segment, we are looking for a Business Analyst with an insurance background.

Responsibilities:

  • We are seeking a strong Business Analyst to join an NDA-protected project (Quartz) within our Product workstream.
  • The role involves working closely with product owners, technology teams, and business stakeholders to analyse requirements, support solution design, and enable successful delivery within a complex, large-scale programme environment.
  • The Business Analyst will play a critical role in translating business needs into clear, actionable requirements while navigating ambiguity and complex problem spaces.
  • Elicit, analyse, document, and validate business and functional requirements for product initiatives.
  • Work closely with Product Owners and delivery teams to ensure requirements align with product vision and roadmap.
  • Support end-to-end product delivery across analysis, design, development, testing, and implementation phases.
  • Translate complex business problems into structured requirements, user stories, and acceptance criteria.
  • Manage and trace requirements throughout the lifecycle, ensuring alignment with delivered solutions.
  • Collaborate with technology teams to support solution design and clarify functional impacts.
  • Identify risks, dependencies, and impacts within a large-scale programme environment.
  • Support change management activities and ensure stakeholder alignment.
  • Contribute to continuous improvement of BA practices and standards within the product workstream.

Must have Skills Required:

  • Strong experience as a Business Analyst within complex delivery environments.
  • Experience or knowledge of Life Insurance and Protection domains.
  • Proven ability to work through complex problems and ambiguous situations.
  • Experience working within large-scale programmes involving multiple teams and stakeholders.
  • Strong requirements management skills, including documentation and traceability.
  • Excellent communication, facilitation, and stakeholder engagement skills.
  • Ability to translate business needs into clear functional requirements.
  • Experience working in Agile and/or hybrid delivery models.
  • Strong analytical and problem-solving capabilities.

Nice to have:

  • Previous experience in London Markets group or Aviva would be a plus, but not obligatory.

Insurance Business Analyst employer: Luxoft

Luxoft DXC Technology Company is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation within the financial and insurance sectors. Employees benefit from comprehensive professional development opportunities, a supportive culture that values diverse perspectives, and the chance to work on high-impact projects in a complex, large-scale programme setting. Located in a vibrant city, our team enjoys a balance of challenging work and a fulfilling lifestyle, making it an ideal place for those seeking meaningful and rewarding careers.
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Contact Detail:

Luxoft Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insurance Business Analyst

✨Tip Number 1

Network like a pro! Reach out to folks in the insurance industry, especially those who work at companies like Luxoft. A friendly chat can open doors and give you insights that job descriptions just can't.

✨Tip Number 2

Prepare for interviews by diving deep into the company’s projects and values. Show them you’re not just another candidate; you’re genuinely interested in their work and how you can contribute to their success.

✨Tip Number 3

Practice your problem-solving skills! Since the role involves navigating complex issues, be ready to tackle hypothetical scenarios during interviews. This will showcase your analytical abilities and how you handle ambiguity.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.

We think you need these skills to ace Insurance Business Analyst

Business Analysis
Insurance Knowledge
Requirements Management
Documentation Skills
Stakeholder Engagement
Agile Methodologies
Analytical Skills
Problem-Solving Skills
Communication Skills
Facilitation Skills
Change Management
Complex Problem Navigation
User Story Creation
Acceptance Criteria Definition

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Insurance Business Analyst role. Highlight your experience in complex delivery environments and any relevant knowledge of Life Insurance. We want to see how your skills align with what we're looking for!

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 specific projects or experiences that demonstrate your ability to navigate ambiguity and solve complex problems, just like we do at StudySmarter.

Showcase Your Communication Skills: As a Business Analyst, communication is key! In your application, make sure to highlight your excellent communication and stakeholder engagement skills. We love seeing examples of how you've successfully collaborated with teams in the past.

Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you'll be one step closer to joining our awesome team at Luxoft DXC Technology Company!

How to prepare for a job interview at Luxoft

✨Know Your Insurance Stuff

Make sure you brush up on your knowledge of the Life Insurance and Protection domains. Being able to discuss industry trends, challenges, and specific products will show that you're not just a Business Analyst, but one who understands the nuances of the insurance sector.

✨Master the Art of Requirements

Since the role involves translating business needs into clear requirements, practice articulating complex problems in simple terms. Prepare examples from your past experiences where you successfully managed requirements and how you ensured alignment with stakeholders.

✨Showcase Your Agile Experience

Familiarise yourself with Agile methodologies if you haven't already. Be ready to discuss how you've worked in Agile or hybrid delivery models, and share specific instances where your contributions led to successful project outcomes.

✨Engage with Stakeholders

Demonstrate your excellent communication and facilitation skills by preparing to discuss how you've engaged with various stakeholders in previous roles. Think of examples where you navigated ambiguity and built consensus among diverse teams.

Insurance Business Analyst
Luxoft

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