At a Glance
- Tasks: Document and analyse current processes in the insurance sector while supporting design workshops.
- Company: Premium London Market Insurance client with a focus on innovation.
- Benefits: Competitive day rate, flexible remote work, and a dynamic team environment.
- Other info: Exciting long-term contract with opportunities for professional growth.
- Why this job: Join a hands-on role that makes a real impact in the insurance industry.
- Qualifications: Experience in business analysis and knowledge of Lloyd's insurance market required.
Day rate - Between £425-£436 per day outside IR35
Work location - London 3 days a week, 2 days remote
Duration: 6 months +
Location: London (EC3 / Lloyd's market area) - minimum 3 days in office per week
ROLE SUMMARY
I have an exciting long term opportunity for a Contract Business Analyst to work within a premium London Market Insurance client. You will be a core delivery team member for the project to document current-state processes, support process design workshops, manage the standardisation documentation workstream, and coordinate adoption activities across all (re)insurance classes. This is a hands-on, delivery-focused role requiring strong analytical rigour, Lloyds insurance market knowledge, and the ability to operate confidently with senior underwriters and class heads.
PURPOSE OF THE ROLE
- Document current-state underwriting processes across all classes from submission intake to bind.
- Support process co-design workshops and capture outputs accurately and comprehensively.
- Manage the standardisation documentation workstream: process maps, variation registers, data capture standards, and playbooks.
- Coordinate class-by-class rollout activities and track adoption metrics.
- Support the optimisation opportunities tracker by documenting use case requirements and business case data.
KEY RESPONSIBILITIES
- Current State Documentation & Analysis
- Review existing process documentation, SOPs, system documentation, and MI artefacts at engagement start.
- Conduct structured interviews and observations with Underwriting Assistants, Underwriters, and Class Heads across all in-scope classes.
- Produce as-is process maps (L1/L2/L3) for submission-to-triage across all (re)insurance classes, including controlled variation capture.
- Collect and validate baseline metrics data: submission volumes, triage cycle times, UA administrative effort percentages.
- Process Design Support
- Drive co-design workshops; capture design decisions, open items, and agreed variations in real time.
- Maintain the class-level variation register - documenting each variation.
Business Analyst outside IR35 (Insurance experience required) employer: Red King Resourcing Careers
Join a prestigious Higher Education institution in Central London, where you will be part of a dedicated team committed to providing a safe and high-quality environment for staff, students, and visitors. With a focus on employee growth and development, this organisation offers a stable, long-term career path within a unique estate, fostering a collaborative and supportive work culture that values your contributions and expertise.
Contact Details:
Red King Resourcing Careers Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst outside IR35 (Insurance experience required)
✨Tap into Local Agencies
For temporary roles like the one at Red King Resourcing Careers, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Red King Resourcing Careers knows you can adapt quickly to their needs!
We think you need these skills to ace Business Analyst outside IR35 (Insurance experience required)
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Red King Resourcing Careers's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at Red King Resourcing Careers
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Red King Resourcing Careers. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
