Senior Business Analyst in London
Senior Business Analyst

Senior Business Analyst in London

London Full-Time 60000 - 80000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead complex projects, gather requirements, and bridge business needs with tech solutions.
  • Company: Join Sompo, a global leader in insurance with a focus on collaboration and growth.
  • Benefits: Competitive pay, health benefits, tuition reimbursement, and a supportive work environment.
  • Other info: Diverse workplace culture that values accountability, agility, and collaboration.
  • Why this job: Make a real impact by improving business processes and driving efficiency.
  • Qualifications: 7+ years as an IT Business Analyst, preferably in the insurance industry.

The predicted salary is between 60000 - 80000 £ per year.

Are you looking for your next opportunity? Sompo has a unique opportunity for a Senior Business Analyst in our IT team. The Senior Business Analyst will play a pivotal role in bridging the gap between business needs and technical solutions, ensuring seamless collaboration and alignment across teams. This position involves gathering and defining business and functional requirements for policy administration systems, downstream integrations, and reporting tools.

Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

What you’ll be doing:

  • Lead requirements definition for complex projects and multi-year strategic initiatives.
  • Identify and translate business needs into clearly defined requirements, and create documentation inclusive of business use cases, process flows, data flows, traceability matrices and report mock-ups.
  • Lead review sessions for completed business/functional requirements with key business users focused on gaining consensus and final business approval.
  • Plan, facilitate, and conduct requirements gathering sessions, meetings, and presentations.
  • Build strong relationships within the business units and support functions to understand the business needs.
  • Collaborate with development and testing teams to provide subject matter expertise, ensure that out of the box functionality is leveraged and to assist in troubleshooting and resolving issues.
  • Ensure that proposed solutions are focused on improving efficiency and effectiveness of the business processes and are consistent across products where possible.
  • Participate in the development and planning of the User Acceptance Testing activities, including test plans and scripts, based on requirements.
  • Facilitate UAT execution phase and work with business lead and project manager to obtain user acceptance test signoff.
  • Provide direction and leadership to one or more IT Business Analysts.

What you’ll bring:

  • 7+ years as an IT Business Analyst in the Commercial Property & Casualty insurance industry.
  • Extensive experience with policy administration systems is required. Experience with Guidewire PolicyCenter is preferred.
  • Experience with reporting solutions is preferred.
  • Experienced with Agile SCRUM methodology and business analysis methodologies; working knowledge of business analysis documentation standards.
  • Hands-on experience writing user stories is required.
  • Proven track record of creating clear, concise deliverables that reflect a deep understanding of business needs and the out of the box software functionality.
  • Experience operating and interfacing with business management, including negotiation and presentation skills.

At Sompo, we recognise that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of some of the benefits we offer, which may vary depending on the country:

  • Health & Wellness Benefits
  • Retirement & Savings Plans
  • Global Parental Leave & Adoption Assistance
  • Employee Assistance Program
  • Tuition Reimbursement & Professional Qualification benefits

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.

Senior Business Analyst in London employer: Sompo

At Sompo, we pride ourselves on being an exceptional employer, offering a collaborative work environment in our London office where employees can thrive and build long-lasting careers. We provide competitive compensation and comprehensive benefits, including health and wellness programs, retirement plans, and professional development opportunities, all while fostering a culture of respect, inclusion, and empowerment. Join us to make a meaningful impact in the insurance industry while growing your skills and career in a supportive atmosphere.
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Contact Detail:

Sompo Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, especially those who work at Sompo or similar companies. A friendly chat can lead to insider info about job openings and even referrals.

✨Tip Number 2

Prepare for interviews by researching the company culture and values. At Sompo, they value collaboration and integrity, so think of examples from your past that showcase these traits. Be ready to discuss how you can contribute to their mission!

✨Tip Number 3

Practice your storytelling skills! When discussing your experience as a Senior Business Analyst, focus on specific projects where you made a significant impact. Use the STAR method (Situation, Task, Action, Result) to keep it structured and engaging.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Sompo team. Let’s get you that dream job!

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

Business Analysis
Requirements Gathering
Policy Administration Systems
Guidewire PolicyCenter
Reporting Solutions
Agile SCRUM Methodology
User Stories
Negotiation Skills
Presentation Skills
Documentation Standards
User Acceptance Testing (UAT)
Process Flows
Data Flows
Stakeholder Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Business Analyst role. Highlight your experience with policy administration systems and Agile methodologies, as these are key for us. Use specific examples that showcase your skills in gathering requirements and leading projects.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention your passion for bridging business needs with technical solutions and how your background aligns with our values at Sompo.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use metrics and outcomes to demonstrate how you’ve improved processes or led successful projects. This will help us see the impact you can bring to our team.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Sompo

✨Know Your Stuff

Make sure you brush up on your knowledge of policy administration systems, especially if you have experience with Guidewire PolicyCenter. Be ready to discuss how you've gathered and defined business requirements in the past.

✨Showcase Your Collaboration Skills

Since this role involves a lot of teamwork, think of examples where you've successfully collaborated with different teams. Prepare to share how you’ve built strong relationships and facilitated discussions to gain consensus on requirements.

✨Prepare for UAT Discussions

User Acceptance Testing (UAT) is crucial in this role. Familiarise yourself with how you’ve participated in UAT activities before, including creating test plans and scripts. Be ready to explain your approach to ensuring user acceptance.

✨Demonstrate Your Agile Experience

As the job mentions Agile SCRUM methodology, be prepared to discuss your experience working in Agile environments. Share specific instances where you’ve used Agile practices to improve project outcomes and how you’ve written user stories.

Senior Business Analyst in London
Sompo
Location: London

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