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- Tasks: Join us as an Insurance Business Analyst, driving transformation in a leading Specialty Insurance firm.
- Company: Be part of a dynamic team in the heart of London's insurance market.
- Benefits: Enjoy a hybrid work model, competitive salary, bonuses, and excellent perks.
- Why this job: Make a real impact by shaping solutions and driving business change in a collaborative environment.
- Qualifications: Strong insurance knowledge and business analysis experience are essential; familiarity with Pega is a plus.
- Other info: This role offers a chance to work closely with tech teams and third-party vendors.
The predicted salary is between 75000 - 80000 £ per year.
This is an exciting opportunity for an experienced Insurance Business Analyst with an established background in Insurance, to play a pivotal role in the transformation of Insurance services of a leading Specialty Insurance firm in the City. The successful candidate will have a compelling background working as the interface between business users and technical development teams and be passionate about driving business change.
Responsibilities
- Build close and lasting relationships with business users, business change team and IT teams to achieve company technology goals.
- Work hand in hand with end users to build comprehensive and concise documentation for change proposals and new initiatives, ensuring full traceability back to the businesses processes.
- Lead the gathering of requirements, run workshops/meetings with key stakeholders and third-party vendors to ensure outcomes are well defined and understood.
- Document As Is / To Be of business processes to identify future possibility for business change.
- Working alongside business stakeholders to shape solutions to complicated business problems and liaising closely with Business Systems Analysts and Architects to assess solution options to ensure the needs of the business are met.
- Maintaining solution integrity throughout the project lifecycle.
- Working with integration partners to deliver solutions including offshore teams and multiple 3rd parties.
- Be a Product Owner for digital applications/services – be accountable for the current running, backlog, optimisation and future state of the solution.
- Be confident in challenging end users and stakeholders on ideas/proposals to achieve utmost clarity.
- Ensure best practice and delivery of E2E business analysis services, as well as propose new ideas to Head of Business Change to enhance best practice.
Required Skills and Experience
- Strong Insurance domain knowledge, ideally with experience in London Insurance Market.
- Strong Business Analysis experience, capable of delivering independent E2E BA services to drive digital transformation.
- Strong experience working closely with business users, understanding their needs and exploring opportunities for business change through workshops, then seeing them through to delivery.
- Strong written and spoken communication skills and fantastic relationship building skills; the successful candidate will be personable, dynamic and will be able to work effectively as part of a close-knit team, as well as independently.
- Good appreciation for the technology landscape and working with development teams to achieve future state IT goals.
- Experience with working with third party vendors and offshore teams.
- Appreciation or previous experience of being a Product Owner.
- Strong desire to work in and transform the Insurance market.
Desirable: Familiarity with Pega
Additional Information
- Location: Hybrid - 3 days on site in the City of London
- Salary: £75,000 - £80,000 + bonus + excellent benefits package
- All applicants must have the right to reside and work in the United Kingdom
Insurance Business Analyst - London Markets employer: Shareforce
Contact Detail:
Shareforce Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Business Analyst - London Markets
✨Tip Number 1
Network with professionals in the London Insurance Market. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn about the latest trends and challenges in the sector.
✨Tip Number 2
Familiarise yourself with the tools and methodologies commonly used in business analysis within the insurance industry. This could include Agile practices, requirements gathering techniques, and documentation standards that are specific to insurance.
✨Tip Number 3
Prepare to discuss your experience in leading workshops and gathering requirements. Be ready to share specific examples of how you've successfully navigated complex stakeholder relationships and driven business change in previous roles.
✨Tip Number 4
Showcase your understanding of digital transformation in the insurance sector. Be prepared to discuss how technology can enhance business processes and improve customer experiences, as this will be crucial for the role.
We think you need these skills to ace Insurance Business Analyst - London Markets
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the Insurance sector, particularly within the London Insurance Market. Emphasise your business analysis skills and any relevant projects that showcase your ability to drive digital transformation.
Craft a Compelling Cover Letter: In your cover letter, express your passion for transforming the Insurance market. Discuss your experience working with business users and technical teams, and how you can build relationships to achieve technology goals.
Showcase Relevant Skills: Clearly outline your strong written and spoken communication skills in your application. Provide examples of how you've successfully led workshops or meetings with stakeholders to gather requirements and drive business change.
Highlight Your Product Ownership Experience: If you have experience as a Product Owner, make sure to mention it. Discuss how you've managed backlogs, optimised solutions, and ensured delivery of end-to-end business analysis services in your previous roles.
How to prepare for a job interview at Shareforce
✨Showcase Your Insurance Knowledge
Make sure to highlight your understanding of the London Insurance Market during the interview. Be prepared to discuss specific trends, challenges, and opportunities within the industry, as this will demonstrate your expertise and passion for the role.
✨Prepare for Stakeholder Engagement Scenarios
Since the role involves working closely with business users and stakeholders, think of examples where you've successfully gathered requirements or led workshops. Be ready to explain how you navigated challenges and ensured clarity in communication.
✨Demonstrate Your Documentation Skills
The ability to create comprehensive documentation is crucial for this position. Bring examples of your previous work that showcase your skills in documenting 'As Is' and 'To Be' processes, and be prepared to discuss your approach to ensuring traceability.
✨Emphasise Your Relationship-Building Abilities
This role requires strong interpersonal skills. Share experiences where you've built lasting relationships with teams or stakeholders, and explain how these relationships contributed to successful project outcomes.
