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- Tasks: Analyse and improve business processes in the insurance industry.
- Company: Join Talbot, a leading insurance specialist with a global presence.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Why this job: Make a real impact by driving change and improving business practices.
- Qualifications: Experience in Business Analysis and Project Management within the insurance sector.
- Other info: Collaborative team culture with opportunities to learn and grow.
The predicted salary is between 36000 - 60000 £ per year.
Make your mark in Talbot. With offices in the U.S., London and Asia Pacific, Talbot is the managing agent of Syndicate 1183 at Lloyd’s. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap & ransom, contingency, property and treaty reinsurance. Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance and reinsurance specialist.
How you will create an impact:
- The role will require the Business Analyst to proactively seek out and define ‘as-is’ processes, document systems and reporting tools currently used by the business and make recommendations for improvements.
- The Business Analyst will be a key team member of any project and will be expected to define the scope of changes and support the project team through initial feasibility studies, requirements definition to testing and implementation as required.
Responsibilities:
- Support the full project lifecycle; eliciting and documenting ‘as-is’ and ‘to-be’ processes and requirements for change, supporting the business through testing and implementation as well as working on feasibility studies and business cases where required.
- Work with Group IT through the software development lifecycle, providing a key point of contact for query resolution and support.
- Develop work requests for small changes and business cases for larger change initiatives, evaluating the options available and making recommendations.
- Develop and maintain Benefits Realisation Plans in line with the Talbot Delivery Framework.
- Understand business decisions and the related reporting and analysis needs; to analyse and document available data sources and data flows to standards and in a consistent manner.
- Play a key role in driving and promoting Business Analysis best practice within Talbot, educating business users to the value that can be provided by analysis.
- Share knowledge with the Business Analysis team to reduce key-man dependency.
- Play a key role as part of the Business Change Team in continuously looking at tools and techniques to improve the service offering of the department.
What you’ll need to succeed:
- Solid experience of Business Analysis and Project Management in the Insurance industry.
- Lloyd’s Market Insurance and/or commercial insurance knowledge.
- Experience of delivering multiple projects to the expected quality standards, and on time and within budget.
- Strong requirements elicitation techniques, including workshop facilitation and user story definition.
- Proactive and organised with good attention to detail.
- Solid end-to-end Project Lifecycle experience, using both Agile and Non-Agile methodologies.
- Ability to facilitate relations between business groups and technology departments.
- Advanced interpersonal, written and oral communication skills.
Ready to take your career to the next level? We would love to hear from you.
Business Analyst - Insurance employer: Talbot Underwriting
Contact Detail:
Talbot Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - Insurance
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those at Talbot. Use LinkedIn to connect and engage with them; you never know who might help you land that interview.
✨Tip Number 2
Prepare for the interview by researching Talbot's projects and values. Show us that you understand their business and how your skills as a Business Analyst can make a real impact on their processes.
✨Tip Number 3
Practice your communication skills! As a Business Analyst, you'll need to articulate your ideas clearly. Try mock interviews with friends or use online platforms to refine your pitch.
✨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 us you’re genuinely interested in joining the Talbot team.
We think you need these skills to ace Business Analyst - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Analyst role in the insurance industry. Highlight your experience with project management and business analysis, especially in the Lloyd’s Market. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background makes you a perfect fit. Don’t forget to mention any specific projects or experiences that relate to the responsibilities listed in the job description.
Showcase Your Skills: When filling out your application, be sure to showcase your strong requirements elicitation techniques and your experience with both Agile and Non-Agile methodologies. We love seeing candidates who can demonstrate their proactive approach and attention to detail!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it shows you’re keen on joining our team at Talbot!
How to prepare for a job interview at Talbot Underwriting
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of the insurance industry, especially Lloyd's Market. Familiarise yourself with key terms and concepts related to business analysis in insurance, as this will show your genuine interest and expertise during the interview.
✨Master the Project Lifecycle
Be prepared to discuss your experience with both Agile and Non-Agile methodologies. Have specific examples ready that demonstrate how you've successfully managed projects from start to finish, highlighting your role in defining requirements and supporting implementation.
✨Showcase Your Communication Skills
Since strong interpersonal skills are crucial for this role, practice articulating your thoughts clearly. Be ready to explain complex ideas simply, and think about how you can demonstrate your ability to facilitate discussions between business and tech teams.
✨Bring Your Problem-Solving A-Game
Think of scenarios where you've identified process improvements or resolved issues in past projects. Be ready to share these stories, focusing on your analytical approach and the impact of your recommendations on the business.