At a Glance
- Tasks: Analyse business needs and translate them into actionable requirements for innovative 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.
- Other info: Collaborative environment with a focus on continuous improvement and career advancement.
- 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 and Protection domains.
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 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 in Norwich employer: Luxoft
Luxoft is an excellent employer that fosters a dynamic and collaborative work culture, particularly for those passionate about market risk analytics. With a strong emphasis on employee growth, you will have access to continuous learning opportunities and the chance to work with cutting-edge technologies in a supportive agile environment. Located in the United Kingdom, Luxoft offers a unique blend of professional development and a vibrant team atmosphere, making it an ideal place for skilled developers looking to make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Business Analyst in Norwich
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Luxoft). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Luxoft. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Insurance Business Analyst in Norwich
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Luxoft.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Luxoft. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Luxoft
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Luxoft to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Luxoft, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Luxoft's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
