At a Glance
- Tasks: Bridge the gap between business needs and tech solutions in a dynamic insurance environment.
- Company: Join a forward-thinking insurance company committed to making a difference.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Other info: Collaborative culture with a focus on innovation and continuous improvement.
- Why this job: Be part of a digital transformation that shapes the future of insurance.
- Qualifications: 5+ years as a Business Analyst, preferably in insurance, with strong analytical skills.
The predicted salary is between 56700 - 69300 £ per year.
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
This role will be based in London, UK and you are required to have the necessary right to work details prior to application.
Role Purpose
The Hartford seeks an experienced and results-driven Business Analyst to join its London based IT team. The successful candidate will play a key role in the delivery of the Hartford’s strategic digital transformation programme. The programme will transform core underwriting processes by leveraging automation to streamline processes, reduce operational inefficiencies, and enable straight-through process where possible. At the heart of the initiative is the creation of a new underwriting workbench, which will equip underwriters with a single platform to manage workflows effectively.
The role will act as a bridge between business stakeholders and technology teams, with the successful candidate being responsible for end-to-end analysis activities and for delivering high quality technical requirements.
Key Responsibilities
- Serve as the liaison between business stakeholders and IT.
- Document and translate business requirements into technical documentation including use cases, wireframes, workflow diagrams, functional and non-functional system requirements.
- Analyse requirement feasibility to determine whether the requirement is viable both technically and operationally.
- Collaborate with developers to determine functionality options and associated level of effort and to communicate any trade-offs between usability and cost to the business units.
- Collaborate with solution architects, developers, data engineers, and third-party vendors to design and deliver integration solutions.
- Presentation of solutions to all levels within the organization.
- Support testing, business readiness, and change adoption activities.
Other Duties
The job description is intended to describe the main duties only. Job holders are expected to maintain flexibility and perform all other reasonable duties that relate to the job as assigned by Hartford Global Specialty.
Procedures
- Ensures that all policies and procedures are adhered to.
- Adhere to any common standards set across the company and ensures that policies and procedures are adequately documented.
- Undertake continued Professional Development and comply with The Hartford, Global Specialty, procedures.
Skills
Technical Skills
- Strong analytical and problem-solving skills.
- Excellent communication and presentation abilities.
- Strong attention to detail.
- Ability to influence and manage stakeholders at all levels.
- Ability to work in fast-paced and complex environments.
- Understanding of data modelling techniques and data structures.
Behavioural Skills
- Solid Presentation Skills.
- Ability to learn and understand new products quickly.
- Ability to prioritise and organise workload, handling varying priorities by setting expectations appropriately.
- Ability to develop and sustain relationships with internal and external customers.
- Proactive with suggestions for improvements; thinks laterally; receptive to new ideas.
- Demonstrates ownership and responsibility.
Experience & Qualification
- Minimum of 5 years’ experience in a Business Analyst role.
- Minimum of 3 years’ experience working within the insurance sector.
- Demonstrated experience working on underwriting platforms, underwriting workbenches, policy administration systems, or related insurance applications.
- Strong understanding of insurance business processes and policy lifecycle management.
- Experience delivering complex business, technology and digital transformation projects.
- Ability to map complex business processes and identify opportunities for optimisation and automation.
- Familiarity with data analysis, reporting requirements, and system integration concepts.
- Experience with Agile, Scrum, and Waterfall methodologies.
- BCS International Diploma in Business Analysis (preferred but not essential).
About Us | Our Culture | What It’s Like to Work Here
IT Business Analyst in London employer: The Hartford
The Hartford is an exceptional employer that values innovation and collaboration, making it an ideal place for a Senior Actuary to thrive. With a strong commitment to employee growth, we offer extensive professional development opportunities and a supportive work culture that encourages creativity and teamwork. Located in a vibrant area, our team enjoys a dynamic environment that fosters both personal and professional fulfilment.
StudySmarter Expert Advice🤫
We think this is how you could land IT Business Analyst in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like The Hartford). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like The Hartford. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace IT Business Analyst in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at The Hartford.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at The Hartford. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at The Hartford
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at The Hartford to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at The Hartford, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding The Hartford's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
