Business Analyst - Reinsurance in London

Business Analyst - Reinsurance in London

London Full-Time 60000 - 75000 £ / year (est.) Home office (partial)
QBE Insurance Group Limited

At a Glance

  • Tasks: Bridge the gap between business needs and tech solutions in reinsurance.
  • Company: Join QBE, a leader in insurance with a focus on innovation.
  • Benefits: 30 days holiday, flexible working, private medical insurance, and a strong pension contribution.
  • Other info: Dynamic hybrid work environment with opportunities for professional growth.
  • Why this job: Make a real impact by enhancing business capabilities and driving measurable outcomes.
  • Qualifications: Background in insurance, strong communication skills, and experience in business analysis.

The predicted salary is between 60000 - 75000 £ per year.

We have several exciting opportunities to join QBE as a Business Analyst, partnering closely with business and technology teams with a strong focus on reinsurance.

Your new role:

As a Business Analyst, you will act as the critical link between business stakeholders and technology teams, translating requirements into practical, value-driven solutions. You will partner with the business to elicit and define requirements, provide expert insight, and support the delivery of initiatives that enhance capability and drive measurable outcomes. Working closely with technology teams, you will support the delivery of system enhancements, manage incidents, and contribute to solution design.

Key responsibilities include:

  • Serve as a Subject Matter Expert (SME) for key internal stakeholders, ensuring high levels of customer satisfaction are achieved.
  • Investigate and respond to production support items within SLAs, escalating when necessary and establishing workarounds.
  • Identify and recommend continuous improvement initiatives to enhance performance and efficiency.
  • Identify and assess risks within your subject matter area, lead risk-related dialogue as the SME for that domain, and support stakeholders in making informed, risk-based decisions.
  • Mitigate risks in delivery while keeping to agreed plan and timeframes.
  • Assist in the development of project documentation and best practices.
  • Analyse workflow and create process maps to identify areas for improvement.
  • Support end-users by ensuring thorough understanding of user requirements and providing relevant process documentation.
  • Collaborate with developers and subject matter experts to achieve departmental service-level agreements, turning business requirements into functional specifications.
  • Participate in implementation planning and support successful outcomes.
  • Complete system and procedure performance testing, providing recommendations for improvement.

About you:

  • Background in insurance is essential.
  • Reinsurance experience is advantageous.
  • Ability to translate business needs into technical requirements and user stories.
  • Strong stakeholder management and communication skills.
  • A mindset that challenges the status quo and proposes new ideas.
  • Experience working closely with technology/delivery teams.
  • Workable understanding of process integrated with technology systems in an 'agile' framework.
  • Business analysis, technical analysis, and improvement experience.
  • Solid experience in IT, with exposure to business process re-engineering, commercial analysis, development and monitoring of SLAs, and business transformation.
  • Data analysis experience.
  • Process mapping experience.
  • Having the right to work in the UK is required for this role. Sponsorship may be considered at QBE's discretion.

Benefits:

  • 30 days holiday with the option to buy more.
  • Flexible working - including hybrid, part-time and job share options.
  • 10% employer pension contribution.
  • Private medical insurance for you and your family.
  • 26 weeks paid parental leave.
  • Up to 20 days remote working abroad.
  • Cycle-to-work scheme.
  • A strong commitment to sustainability and responsible investing.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Business Analyst - Reinsurance in London employer: QBE Insurance Group Limited

QBE is an exceptional employer that prioritises employee well-being and professional growth, offering a flexible hybrid working model across vibrant locations like London, Leeds, and Manchester. With a strong commitment to sustainability, generous benefits including 30 days of holiday, private medical insurance, and a robust pension scheme, QBE fosters a collaborative work culture where innovation and continuous improvement are encouraged, making it an ideal place for Business Analysts looking to make a meaningful impact in the reinsurance sector.

QBE Insurance Group Limited

Contact Details:

QBE Insurance Group Limited Recruitment Team

StudySmarter Expert Advice🤫

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

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

Business Analysis
Stakeholder Management
Communication Skills
Technical Requirements Translation
Process Mapping
Data Analysis
Risk Assessment

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 QBE Insurance Group Limited, 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 QBE Insurance Group Limited

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 QBE Insurance Group Limited’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.