Business Analyst - Insurance

Business Analyst - Insurance

Full-Time 63000 - 77000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Collaborate on insurance product design and support a major tech transformation.
  • Company: Join Orvia, a fast-growing pan-European MGA backed by The Ardonagh Group.
  • Benefits: Opportunities for growth, influence in product design, and a diverse work environment.
  • Other info: Work closely with senior stakeholders and enjoy a dynamic, inclusive culture.
  • Why this job: Be at the forefront of insurance technology and shape the future of underwriting.
  • Qualifications: Experience as a Business Analyst in insurance with strong documentation skills.

The predicted salary is between 63000 - 77000 £ per year.

Help Shape the Future of Insurance Technology

Orvia Underwriting is Ardonagh’s pan-European MGA, currently operating across the UK, Netherlands and Germany, with ambitious plans for further growth.

As part of our continued expansion, we are embarking on the implementation of a new Policy Administration System (PAS) that will support the next phase of our underwriting and operational capabilities.

We're looking for an experienced

Business Analyst to play a pivotal role in the successful delivery of this programme.

Working as part of a dedicated project team and reporting directly to our CTO, you will help deliver the initial UK implementation, covering eight insurance products across a phased 9-12 month programme.

This is an opportunity to work at the heart of a transformational technology project, partnering with underwriting, pricing, operations, finance, data, IT and external technology vendors to shape how insurance products are built, traded and managed.

What You'll Be Doing

Requirements & Product Design

  • Collaborate with underwriting, pricing and data teams to define detailed, build-ready requirements for insurance products.
  • Design and document risk capture question sets, data structures, validation rules and product workflows.
  • Ensure all rating models and required data inputs are accurately captured and aligned with pricing requirements.
  • Define underwriting rules including eligibility criteria, referral triggers, authority limits and declinature logic.
  • Gather and document policy document generation requirements, including schedules, invoices, policy wordings and lifecycle communications.
  • Work with finance teams to define premium bordereaux and accounting output requirements.
  • Delivery & Build Support
  • Act as the key liaison between Orvia stakeholders and the PAS vendor's delivery team.
  • Clarify requirements, resolve ambiguities and ensure solutions are delivered in line with agreed scope and business needs.
  • Maintain full requirements traceability throughout the project lifecycle.
  • Support project planning, sequencing, dependency management and release readiness activities.
  • Testing & Product Launch
  • Lead User Acceptance Testing (UAT) efforts across multiple product releases.
  • Create test plans, coordinate testing activities and ensure comprehensive test coverage.
  • Support business users throughout the testing process to drive high-quality outcomes.
  • Record, manage and track defects through to resolution and retesting.
  • Assist with product go-live activities and transition into business-as-usual operations.
  • Documentation & Governance
  • Own and maintain project documentation, including requirements, specifications, analysis, decision logs and change history.
  • Ensure Jira (or equivalent tooling) is used effectively as the single source of truth throughout delivery.

Essential Experience

What We're Looking For

  • Proven experience as a Business Analyst delivering insurance product build or configuration projects within a Policy Administration System environment.
  • Strong experience producing structured requirements documentation covering:
  • Rating structures
  • Risk capture question sets
  • Underwriting rules
  • Policy and document templates
  • Ability to work confidently with underwriters, actuaries and pricing teams, challenging assumptions and driving clarity where required.
  • Experience working alongside third-party software vendors where requirements ownership sits with the business and delivery ownership sits with the vendor.
  • Hands‑on UAT experience, including test planning, defect management and test execution support.
  • Strong Jira (or similar) administration and documentation skills.

Desirable Experience

  • Experience with insurance PAS platforms such as Insly, Acturis, Novidea, Instanda, Genasys, Open GI, Duck Creek or Guidewire.
  • MGA, delegated authority or London Market experience.
  • Exposure to insurance accounting processes, bordereaux production, management information and reporting.

Why Join Orvia?

  • Be part of a fast-growing pan-European MGA backed by The Ardonagh Group.
  • Play a key role in a business-critical technology transformation programme.
  • Work closely with senior stakeholders and influence how insurance products are designed and delivered.
  • Join an ambitious, entrepreneurial business with significant growth plans across Europe.

A destination for exceptional talent.

Attracting and developing top underwriting professionals is central to our ambition.

We invest in our people, creating opportunities to grow, lead and shape the future of underwriting at Orvia.

Orvia Underwriting is an equal opportunities employer, with a growing and thriving diversity, equity and inclusion strategy; we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.

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Business Analyst - Insurance employer: The Ardonagh Group

The Ardonagh Group is an exceptional employer located in the vibrant heart of Berkeley Square, London, offering a collaborative and inclusive work culture that prioritises employee growth and wellbeing. As a Receptionist, you'll not only be the welcoming face of our office but also gain exposure to diverse business activities while enjoying benefits such as flexible working, competitive salaries, and a strong commitment to diversity and inclusion. Join us to thrive in a dynamic environment where your contributions are valued and recognised.

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Contact Details:

The Ardonagh Group Recruitment Team

We think you need these skills to ace Business Analyst - Insurance

Business Analysis
Requirements Documentation
Policy Administration System (PAS)
User Acceptance Testing (UAT)
Test Planning
Defect Management
Jira Administration