Business Analyst

Business Analyst

London Full-Time 28800 - 48000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our IT team as a Business Analyst, driving innovative projects and enhancing business processes.
  • Company: Sompo International is a global leader in insurance and reinsurance, committed to innovation and excellence.
  • Benefits: Enjoy flexible working options, generous health benefits, and inclusive parental leave policies.
  • Why this job: Be part of a dynamic team where your contributions significantly impact our growth and success.
  • Qualifications: Experience in business analysis and the insurance industry, with strong analytical and people skills required.
  • Other info: We value diversity and foster an inclusive environment for all employees.

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

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people . At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for your next opportunity?

\”Attention all insurance business analysts! If you are outcome focused, have a keen curiosity, exceptional people skills, and the confidence to challenge the norm, we want to hear from you”

Sompo has a unique opportunity for a Business Analyst in our IT Department.

Join our dynamic IT team at Sompo UK as a Business Analyst and be a pivotal part of our exciting growth journey! With Sompo\’s strategic priorities focused on leveraging data and transforming our operating model, this role offers a unique opportunity to contribute to innovative projects that drive our success. As a Business Analyst, you will work closely with cross-functional teams to analyse business processes, gather requirements, and support the implementation of solutions that enhance efficiency and effectiveness. Be a part of a growing team where your contributions have a significant impact on Sompo\’s future. Apply now to take the next step in your career with us!

What you’ll be doing:

  1. Requirements Gathering and Analysis
    • Conduct interviews and workshops with stakeholders to understand business needs.
    • Document detailed business requirements and use cases.
    • Collaborate with IT teams to ensure technical feasibility.
  2. Process Improvement
    • Analyse existing business processes to identify areas for enhancement.
    • Develop process models and workflows to optimise operations.
    • Recommend and implement solutions to increase efficiency and productivity.
  3. Stakeholder Communication and Engagement
    • Build and maintain strong relationships with internal and external stakeholders.
    • Facilitate regular meetings to communicate project updates and gather feedback.
    • Act as a liaison between business units and IT to ensure effective collaboration.
  4. Data Analysis and Reporting
    • Gather and analyse data to support business decision-making.
    • Create comprehensive reports and dashboards for stakeholders.
    • Ensure data accuracy and integrity in reporting processes.
  5. Project Management Support
    • Assist in defining project scope, objectives, and deliverables.
    • Coordinate with project teams to ensure alignment and timely delivery.
    • Monitor project progress and report on status to management.

What you’ll bring:

  • Proven experience in Business Analysis and Insurance Industry Knowledge: Leverage extensive experience and understanding of the insurance sector to offer insights and drive informed decision-making.
  • Curiosity and Innovation: Possess a natural curiosity and eagerness to explore new ideas, fostering a culture of innovation and continuous improvement.
  • Confidence to Challenge the Status Quo: Boldly question existing practices and propose creative solutions to enhance business processes and outcomes.
  • Flexibility in Methodologies: Adapt seamlessly between agile and waterfall methodologies, ensuring the appropriate approach is utilised for each project.
  • Exceptional People Skills: Build strong relationships with stakeholders at all levels, facilitating effective communication and collaboration.
  • Analytical Mindset: Apply strong analytical skills to interpret data and trends, supporting strategic initiatives and business objectives.
  • Problem-Solving Expertise: Demonstrate proficiency in identifying challenges and developing practical solutions to drive business success.
  • Commitment to Excellence: Maintain a high standard of work quality and strive for excellence in all aspects of the role.
  • Leveraging AI for Efficiency and Opportunities: Utilise AI technologies to enhance personal efficiency and identify innovative opportunities to improve processes and outcomes at Sompo.
  • Understanding of Product Management and Agile: Bring a good understanding of product management and agile principles, contributing to the development and enhancement of insurance products and services.

Join us at Sompo and be part of a global leader in the insurance industry, committed to innovation, growth, and excellence.

Our Benefits

(See Addendum to update for specific Countries/States as necessary)

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

  • Expansive Health & Wellness Benefits
  • Generous Retirement & Savings Plans
  • Global Parental Leave & Adoption Assistance

In today’s world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.
Clarity in complexity.
Unwavering commitment.

We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.

Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.

We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.

Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.

Because when you choose Sompo, you choose the ease of expertise.

To learn more about visit our website at

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Business Analyst employer: Sompo International

At Sompo International, we pride ourselves on being an exceptional employer that values integrity, collaboration, and innovation. Our dynamic work culture fosters employee growth through diverse career opportunities and a commitment to inclusivity, while our competitive benefits, including expansive health and wellness programs and flexible working arrangements, ensure a supportive environment for all. Join us in the UK as a Business Analyst and be part of a global leader dedicated to excellence and meaningful contributions in the insurance industry.
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Contact Detail:

Sompo International Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Analyst

✨Tip Number 1

Familiarise yourself with the insurance industry, especially the latest trends and technologies. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the role and the company.

✨Tip Number 2

Network with current or former employees of Sompo International on platforms like LinkedIn. Engaging with them can provide valuable insights into the company culture and expectations, which can be beneficial during your application process.

✨Tip Number 3

Prepare to discuss specific examples of how you've used data analysis to drive business decisions in your previous roles. Being able to articulate your experience clearly will set you apart from other candidates.

✨Tip Number 4

Showcase your problem-solving skills by preparing a case study or example where you successfully improved a business process. This practical demonstration of your abilities can leave a lasting impression on the hiring team.

We think you need these skills to ace Business Analyst

Business Analysis
Insurance Industry Knowledge
Requirements Gathering
Process Improvement
Stakeholder Communication
Data Analysis
Reporting Skills
Project Management
Agile Methodologies
Waterfall Methodologies
Analytical Mindset
Problem-Solving Skills
Curiosity and Innovation
Flexibility in Methodologies
Relationship Building

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in business analysis and the insurance industry. Use keywords from the job description to demonstrate that you understand the role and its requirements.

Craft a Compelling Cover Letter: Write a cover letter that showcases your curiosity, problem-solving skills, and ability to challenge the status quo. Mention specific examples of how you've improved processes or contributed to projects in previous roles.

Showcase Your Analytical Skills: In your application, provide examples of how you've used data analysis to support decision-making. Highlight any experience with creating reports or dashboards that have influenced business outcomes.

Demonstrate Stakeholder Engagement: Include instances where you've built strong relationships with stakeholders. Discuss how you facilitated communication between teams and ensured alignment on project goals, as this is crucial for the role.

How to prepare for a job interview at Sompo International

✨Understand the Insurance Industry

Familiarise yourself with the key trends and challenges in the insurance sector. Being able to discuss industry-specific issues will demonstrate your knowledge and show that you are genuinely interested in the role.

✨Showcase Your Analytical Skills

Prepare examples of how you've used data analysis to drive business decisions in the past. Be ready to explain your thought process and the impact of your findings on previous projects.

✨Emphasise Stakeholder Engagement

Highlight your experience in building relationships with stakeholders. Discuss specific instances where you facilitated communication between teams or resolved conflicts, showcasing your exceptional people skills.

✨Demonstrate Flexibility in Methodologies

Be prepared to discuss your experience with both agile and waterfall methodologies. Share examples of how you've adapted your approach based on project needs, illustrating your versatility as a Business Analyst.

Business Analyst
Sompo International
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