Senior Business Analyst
Senior Business Analyst

Senior Business Analyst

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

  • Tasks: Lead complex projects, define business needs, and create impactful documentation.
  • Company: Join Sompo, a global leader in insurance with a focus on collaboration.
  • Benefits: Competitive pay, health benefits, retirement plans, and tuition reimbursement.
  • Other info: Diverse workplace culture that values respect, inclusion, and professional growth.
  • Why this job: Make a real impact by bridging business and tech in a dynamic environment.
  • Qualifications: 7+ years in IT Business Analysis, preferably in insurance, with strong Agile experience.

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 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. With a strong focus on employee growth, we provide competitive compensation, comprehensive benefits, and opportunities for professional development, all while fostering a culture of respect, inclusion, and empowerment. Join us to make a meaningful impact in the insurance industry while enjoying the unique advantages of working in a diverse and supportive global organisation.
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Contact Detail:

Sompo Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Business Analyst

✨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 practising common questions related to business analysis and the insurance sector. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience effectively.

✨Tip Number 3

Showcase your skills with a portfolio! Create a collection of your best work, including documentation, user stories, and any relevant projects. This will help you stand out and demonstrate your expertise during interviews.

✨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 your genuine interest in joining our team at Sompo.

We think you need these skills to ace Senior Business Analyst

Requirements Definition
Business Analysis
Policy Administration Systems
Guidewire PolicyCenter
Reporting Solutions
Agile SCRUM Methodology
User Stories
Documentation Standards
Negotiation Skills
Presentation Skills
Stakeholder Engagement
User Acceptance Testing (UAT)
Process Improvement
Collaboration

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 at Sompo. Mention your passion for bridging business needs with technical solutions and how you can contribute to our collaborative environment.

Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just responsibilities. Use metrics where possible to demonstrate how you've improved efficiency or effectiveness in previous roles. We love seeing tangible results!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows your enthusiasm for joining our team!

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 Guidewire PolicyCenter. Be ready to discuss how your experience aligns with the requirements of the role and how you've successfully gathered and defined business needs in the past.

✨Showcase Your Documentation Skills

Prepare examples of your previous work that demonstrate your ability to create clear and concise documentation. Bring along samples of business use cases, process flows, or data flows that you've developed, as this will show your understanding of the business analysis process.

✨Practice Your Presentation Skills

Since you'll be leading review sessions and facilitating requirements gathering, practice presenting your ideas clearly and confidently. Think about how you can engage your audience and gain consensus during discussions, as this is key to the role.

✨Build Rapport

During the interview, focus on building a connection with your interviewers. Show genuine interest in their team and the projects they’re working on. This will not only help you stand out but also demonstrate your collaborative spirit, which is essential for the position.

Senior Business Analyst
Sompo

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