Business Analyst in London

Business Analyst in London

London Full-Time 40500 - 49500 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Analyse business challenges and drive strategic initiatives in a collaborative team.
  • Company: Join Markel International, a global leader in insurance and reinsurance.
  • Benefits: Competitive salary, annual bonus, 25 days holiday, and strong benefits package.
  • Other info: Flexible working options and commitment to diversity and inclusion.
  • Why this job: Make a meaningful impact while developing your career in a supportive environment.
  • Qualifications: Strong communication skills, data analysis experience, and a passion for problem-solving.

The predicted salary is between 40500 - 49500 £ per year.

Looking for a role where you can work with stakeholders across the business, analyse complex challenges, and contribute to strategic initiatives that deliver meaningful change in a collaborative and growing organisation? As a Business Analyst within Markel International's Change Delivery team, you'll help define business needs, gather and translate requirements, evaluate solutions, and support the delivery of key strategic initiatives, gaining broad exposure across the business while continuing to develop your Business Analysis career.

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special!

The opportunity: An opportunity has arisen for a Business Analyst to join the Change Delivery team. This global function collaborates with the Board and executive management to provide a full research and delivery function to advise and deliver strategic business initiatives. For the team’s credibility and long-term success, it is essential that it has the ability to manage and implement initiatives and projects. Demand for the team’s services has grown and continues to grow. Working as part of a team, the individual will be responsible for evaluating critical initiatives and implementation of business solutions within agreed timescales and budget. The portfolio comprises International strategic business initiatives, ranging from setting up new functions/teams, to acquisitions/due diligence and operational improvement programmes.

What you’ll be doing:

  • Business analysis of strategic business initiatives and guiding business partners towards accepting change
  • Recommending and supporting the implementation of business and technical solutions aligned with the project goals and business outcomes
  • Own professional development in understanding the market within which International operates, along with the commercial and competitive pressures, and potential opportunities available
  • Investigate, analyse, challenge, and define business solutions to support the business initiatives
  • Collaborate with the business and IT partners to define requirement specifications to support business process, system, and report changes (functional and non-functional)
  • Work with the business units to define business cases and requirements for new business and system solutions
  • Support delivery of business and technical solutions by coordinating deliverables and actions
  • Identify project/business risks and issues and propose mitigating actions
  • Provide input to the definition and production of test and training plans
  • Ensure the relevant stakeholders are engaged for sign off at appropriate milestones throughout the project and solution acceptance
  • Ensure Change Delivery standards are adhered to

Our must-haves:

  • Excellent interpersonal skills, both written and verbal and able to communicate with senior stakeholders across various domains (Underwriting, Finance, Actuarial, Compliance)
  • Data skills (SQL, Power BI) and understanding data flows between business domains
  • Strong requirements gathering skills e.g. workshops, interviewing, or questionnaire
  • Commercial experience of utilising a variety of Business Analysis structured methods
  • Experience of integrating different systems and understanding of the underlying data
  • Proven capability in process engineering Lean/six sigma (preferred but not essential)
  • Experience within Insurance, particularly the London Market, would be useful but not essential
  • Use of AI tools in the workplace such as Co-pilot or Claude to supplement BA toolkit

What’s in it for you?

  • A great starting salary plus annual bonus & strong benefits package
  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave
  • Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
  • There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!

Are you ready to play your part? Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you. Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns. We are an equal opportunity employer and value diversity at our company.

Business Analyst in London employer: Markel

Markel is an exceptional employer that prioritises employee well-being and professional growth, offering a competitive starting salary of £28,000 along with monthly bonuses and comprehensive benefits. Located in the vibrant city centre of Manchester, our supportive team environment fosters collaboration and success, making it an ideal place for those seeking a rewarding career in insurance sales without the hassle of late shifts.

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Contact Details:

Markel Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Analyst in London

✨Get to Grips with Data Visualisation Tools

If you're aiming for a full-time role in business intelligence, brush up on your skills with popular data visualisation tools like Tableau or Power BI. Showcasing projects where you've transformed raw data into clear visual insights can give you a real edge.

✨Join Local Business Intelligence Meetups

Look for local business intelligence meetups or analytics conferences in your area. These events are not just great for learning but also for networking with industry professionals who could lead you to opportunities at companies like Markel!

✨Engage with Online BI Communities

Join online forums or communities focused on business intelligence—think LinkedIn groups, Reddit threads, or even dedicated Slack channels. Engage actively by sharing your insights and asking questions; this can help you build visibility and connect with potential employers.

✨Leverage Your University’s Career Support

If you're a recent graduate, definitely tap into your university's career services. Many have connections with companies in need of full-time BI specialists, and they can guide you on how to pitch yourself effectively—don't miss out on that!

We think you need these skills to ace Business Analyst in London

Business Analysis
Stakeholder Engagement
Requirements Gathering
Data Analysis (SQL, Power BI)
Process Engineering
Project Management
Risk Identification and Mitigation

Some tips for your application 🫡

Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.

Showcase Your Business Acumen:Don't just focus on data; show us how you can apply your insights to real-world business problems. Highlight projects where you made a tangible impact on company performance, and be prepared to explain your thought process in your cover letter.

Tailor Your Documents for Us:When applying for a full-time role at Markel, tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!

Include Relevant Certifications:Certifications like Google Data Analytics or similar qualifications can really make you stand out in business intelligence. Include these in your application, as they demonstrate your commitment to the field and your willingness to stay current with industry standards.

How to prepare for a job interview at Markel

✨Show off your analytical skills

In a business intelligence role, you're going to need to demonstrate your analytical prowess. Be prepared to discuss specific tools you've used, like SQL, Tableau, or Power BI. Have real-world examples ready where you’ve turned data into actionable insights – this is what makes us shine in interviews!

✨Practice your technical know-how

Expect some technical questions during the interview that dive deep into your understanding of data modelling and analytics frameworks. Brush up on your knowledge of data warehousing concepts and be ready to tackle any real case scenarios they might present. They’ll want to see how you approach problems using your BI toolkit.

✨Portfolio of Projects

Since it's a full-time role, having a strong portfolio is key! Compile case studies demonstrating your previous projects, preferably showing how your insights led to business improvements. This can help us display how you think through complex datasets and your problem-solving process, which is what employers are keen on seeing.

✨Know their business model

Get familiar with Markel’s business model and recent data-driven decisions. Be prepared to discuss how your skills can specifically support their objectives or challenges. Understanding their landscape shows that you’re not just a data buff, but you’re also genuinely interested in how BI can impact their bottom line.