Business Analyst

Business Analyst

Stirling Full-Time 28800 - 48000 £ / year (est.) No home office possible
M&G plc

At a Glance

  • Tasks: Lead analysis for projects, define approaches, and engage stakeholders to solve business problems.
  • Company: M&G plc is a historic financial services firm focused on savings and investments.
  • Benefits: Enjoy flexible working arrangements and a supportive, inclusive workplace culture.
  • Why this job: Join a dynamic team making impactful decisions in a collaborative environment.
  • Qualifications: Experience in fast-paced environments and strong analytical skills are essential.
  • Other info: We welcome diverse applicants and offer support for those with disabilities.

The predicted salary is between 28800 - 48000 £ per year.

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks.

The Role:

We are looking for an experienced Business Analyst to take a role in M&G Life to help achieve some of our key strategic objectives. You will lead the viability analysis for small to medium sized projects and support larger and more complex projects delivered by our strategic partners. You will work with the business and our strategic partners to analyse and understand business problems and opportunities based on an understanding of the desired business outcomes and strategic drivers. You will define your approach and plan for your business analysis work including stakeholder engagement and outcomes of analysis activity. This will also include working with the business to gather, analyse, challenge and prioritise business requirements in relation to the business problem. You will provide oversight and assurance of analysis and solution design activity delivered by our strategic partners.

Key responsibilities for this role:

  • Identify and compare the best processes or delivery methods to use, including measuring and evaluating outcomes.
  • Analyse current product/services and processes, and identify and implement opportunities to optimise these.
  • Help to evaluate and establish requirements using relevant techniques such as gap analysis.
  • Use quantitative and qualitative data to define outcomes and solutions.
  • Investigate problems and analyse options for new and existing products and services.
  • Provide recommendations to solutions; work with stakeholders to identify objectives, opportunities and potential benefits.

Key Skills, Competencies & Experience:

  • Collaborate and communicate with sponsors and stakeholders across the organisation using a range of tools and approaches to elicit the best outcomes and level of engagement.
  • Can interrogate and interpret data from a range of sources, for example user research and process performance metrics, and consequently help the team to make data driven decisions.
  • Can create user flows, wireframes and map business processes which represent the current structure and future design of a product or service.
  • Takes an innovative mindset to problem solving.
  • Can identify opportunities and generate ideas for continuous improvement of the delivery model, and generates insight to address unmet user needs.
  • Helps the team set and manage expectations.
  • Identify key stakeholders; manage their needs in harmony with user needs, using evidence to justify their decisions.
  • Should understand how to handle opposing views, and combine them to reach consensus.
  • Comfortable working in Agile, Waterfall and hybrid projects, and understands the advantages and disadvantages of the different methodologies.
  • Understands the importance of adhering to Change Governance standards.

Experience:

  • Experience working in fast paced environments using different methodologies.
  • Experience working in cross functional teams.
  • Experience contributing to, and achieving, good customer outcomes.
  • Experience in setting up and facilitating workshops to understand business needs, gather requirements and ensure the business and user needs continue to be met by the proposed solution.
  • Experience of Financial Services products and practices.
  • Experience of working with 3rd party partners and providers desirable but not essential.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they 'opt in' to the scheme when applying.

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: careers@mandg.com

Business Analyst employer: M&G plc

M&G plc is an exceptional employer located in Stirling, Scotland, offering a dynamic work environment that fosters inclusivity and collaboration. With a commitment to employee growth, flexible working arrangements, and a culture built on integrity and care, M&G empowers its Business Analysts to drive meaningful change while enjoying a supportive atmosphere. The company’s rich history in financial services combined with its innovative approach ensures that employees are not only valued but also have the opportunity to thrive in their careers.
M&G plc

Contact Detail:

M&G plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Analyst

✨Tip Number 1

Familiarise yourself with M&G plc's core values and strategic objectives. Understanding their mission to provide confidence in financial services will help you align your responses during interviews, showcasing how your skills can contribute to their goals.

✨Tip Number 2

Network with current or former employees of M&G plc on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations for the Business Analyst role.

✨Tip Number 3

Brush up on your knowledge of Agile and Waterfall methodologies, as well as any relevant financial services practices. Being able to discuss these methodologies confidently will demonstrate your readiness to adapt to M&G's working environment.

✨Tip Number 4

Prepare to discuss specific examples of how you've used data to drive decisions in past roles. M&G values data-driven decision-making, so showcasing your analytical skills with real-world examples will set you apart from other candidates.

We think you need these skills to ace Business Analyst

Business Analysis
Stakeholder Engagement
Data Interpretation
Process Mapping
User Flow Creation
Gap Analysis
Agile Methodologies
Waterfall Methodologies
Problem-Solving Skills
Continuous Improvement
Workshop Facilitation
Financial Services Knowledge
Cross-Functional Team Collaboration
Change Governance Adherence

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Business Analyst position at M&G plc. Tailor your application to highlight how your skills and experiences align with their needs.

Highlight Relevant Experience: In your CV and cover letter, focus on your experience in business analysis, particularly in financial services. Mention specific projects where you've successfully used methodologies like Agile or Waterfall, and how you contributed to achieving positive outcomes.

Showcase Your Skills: Emphasise your analytical skills and ability to interpret data. Provide examples of how you've used quantitative and qualitative data to drive decisions and improve processes. This will demonstrate your capability to meet the expectations outlined in the job description.

Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you're passionate about the role and M&G plc. Use this opportunity to convey your understanding of their values and how you embody them, especially in terms of collaboration and integrity.

How to prepare for a job interview at M&G plc

✨Understand the Role

Make sure you have a clear understanding of the Business Analyst role and its responsibilities at M&G plc. Familiarise yourself with their key objectives, especially around viability analysis and stakeholder engagement.

✨Showcase Your Analytical Skills

Prepare to discuss your experience with data analysis and how you've used both quantitative and qualitative data to drive decisions. Be ready to provide examples of how you've identified business problems and proposed solutions.

✨Demonstrate Collaboration

M&G values collaboration across teams. Be prepared to share examples of how you've worked with cross-functional teams and managed stakeholder expectations, especially in fast-paced environments.

✨Familiarise Yourself with Methodologies

Since the role involves working in Agile, Waterfall, and hybrid projects, brush up on these methodologies. Be ready to discuss your experience with them and how you've adapted your approach based on project needs.

Business Analyst
M&G plc
Location: Stirling

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>