Business Analyst - Reinsurance

Business Analyst - Reinsurance

Full-Time 50000 - 65000 £ / year (est.) Home office (partial)
QBE

At a Glance

  • Tasks: Support business partners by gathering requirements and enhancing capabilities for impactful results.
  • Company: Join QBE, a leading insurance company with a focus on innovation and collaboration.
  • Benefits: Enjoy 30 days holiday, flexible working options, and private medical insurance.
  • Other info: Hybrid work model with excellent career growth opportunities and a commitment to sustainability.
  • Why this job: Be the vital link between business and tech, driving positive change in the reinsurance sector.
  • Qualifications: Experience in insurance and strong stakeholder management skills are essential.

The predicted salary is between 50000 - 65000 £ per year.

The purpose of this role is to support business partners in gathering requirements, providing expertise, and executing plans to enhance business capability and achieve results. This role involves collaborating with technology teams to deliver system incidents, enhancements, and solutions, as well as conducting analysis of business needs and managing stakeholders to support organisational growth and promote positive changes in the analysis process. Additionally, this role acts as a liaison between the business and IT teams, providing technical knowledge, executing production support tasks, and maintaining relationships to drive system and process improvements.

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.

Having the right to work in the UK is required for this role. Sponsorship may be considered at QBE’s discretion.

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.

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.

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

Business Analyst - Reinsurance employer: QBE

QBE is an exceptional employer that prioritises employee well-being and professional growth, offering a flexible hybrid working model and a generous benefits package including 30 days of holiday and a 10% employer pension contribution. With a strong commitment to sustainability and a collaborative work culture, employees are empowered to drive meaningful change while enjoying opportunities for continuous improvement and development in the dynamic field of reinsurance.

QBE

Contact Details:

QBE Recruitment Team

StudySmarter Expert Advice🤫

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

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

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, 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

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!

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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’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.