Senior Business Analyst - Insurance

Senior Business Analyst - Insurance

London Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our team as a Senior Business Analyst, focusing on insurance market projects and requirements analysis.
  • Company: Travelers is a leading property casualty insurer with over 160 years of commitment to customers and communities.
  • Benefits: Enjoy hybrid work options, private medical insurance, generous holiday entitlement, and wellness programmes.
  • Why this job: Be part of an innovative culture that values collaboration and offers opportunities for personal and professional growth.
  • Qualifications: Experience in business analysis within insurance and familiarity with Agile methodologies are essential.
  • Other info: We encourage community involvement through volunteer programmes and offer a supportive, diverse workplace.

The predicted salary is between 43200 - 72000 £ per year.

Who Are We?
Taking care of our customers, our communities and each other. That\’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category
Project Management
Target Openings
1
What Is the Opportunity?
Are you a Business Analyst with experience of working within the Insurance Market? If so, Travelers Europe is looking for a Senior Business Analyst to join our team.
As part of the Strategic Planning and Execution team you will help the business with the change portfolio. You will work alongside other business analysts and report to the senior manager for business analysis. Your main responsibilities will include performing detailed requirements analysis, documenting processes and supporting business functions in communicating their requirements to a wider group.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company\’s discretion.What Will You Do?

  • Collect, understand, document, validate and communicate the business requirements for a project or programme
  • Work with minimal supervision and be responsible for ensuring that all business requirements are fully understood
  • Effectively communicate your insights and plans to cross-functional team members and management
  • Ensure solutions meet business needs and requirements
  • Perform user acceptance testing
  • Conduct insightful, ad hoc analyses to investigate ongoing or one-time operational issues
  • Identify, document and track benefits
  • Assist the project manager in delivering key project deliverables
  • Liaise with the project manager in formulating project and task plans
  • Perform other duties as assigned.

What Will Our Ideal Candidate Have?

  • Use of agile tools (e.g. Jira, Confluence)
  • Good understanding and practice of the software development lifecycle.
  • Comfort with working at all levels of the organisation with excellent negotiation, communication and interpersonal skills.
  • Expert written and verbal communication skills, including presentation skills and report writing.
  • Able to accurately document business processes
  • Able to troubleshoot and solve problems without supervision, whilst working well in a team environment.
  • Information Systems Examination Board (ISEB) Diploma in Business Analysis or equivalent

What is a Must Have?

  • Demonstrable project experience of working in business analysis within Insurance.
  • Experience in delivering projects in Agile, Iterative and Waterfall methodologies

What Is in It for You?

  • Private Medical Insuran ce: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
  • Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
  • Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit

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Senior Business Analyst - Insurance employer: The Travelers Indemnity Company

Travelers Europe is an exceptional employer that prioritises the well-being of its employees through a supportive work culture and comprehensive benefits. With a commitment to innovation and collaboration, employees enjoy flexible hybrid working arrangements, generous holiday entitlement, and opportunities for personal and professional growth. The company also fosters community engagement through volunteer programmes, making it a rewarding place to build a meaningful career in the insurance sector.
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Contact Detail:

The Travelers Indemnity Company Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Business Analyst - Insurance

✨Tip Number 1

Familiarise yourself with the latest trends and challenges in the insurance industry. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.

✨Tip Number 2

Network with current or former employees of Travelers Europe on platforms like LinkedIn. Engaging with them can provide valuable insights into the company culture and expectations, which can be beneficial during your application process.

✨Tip Number 3

Brush up on your skills with agile tools such as Jira and Confluence. Being able to discuss your experience with these tools confidently can set you apart from other candidates.

✨Tip Number 4

Prepare for potential case studies or scenario-based questions that may arise during the interview. Practising how you would approach real-world business analysis problems in the insurance sector can showcase your analytical skills effectively.

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

Business Analysis
Insurance Market Knowledge
Agile Methodologies
Project Management
Requirements Gathering
Process Documentation
User Acceptance Testing (UAT)
Data Analysis
Communication Skills
Interpersonal Skills
Problem-Solving Skills
Negotiation Skills
Software Development Lifecycle (SDLC)
Jira
Confluence
Presentation Skills
Report Writing

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in business analysis specifically within the insurance sector. Use keywords from the job description to demonstrate that you meet the requirements.

Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the role and how your skills align with the responsibilities outlined. Mention your experience with agile methodologies and any relevant tools like Jira or Confluence.

Showcase Communication Skills: Since expert communication is crucial for this role, provide examples in your application of how you've effectively communicated insights and plans in previous positions. Highlight any experience with report writing and presentations.

Highlight Problem-Solving Abilities: Include specific instances where you've successfully identified and solved problems in a business analysis context. This will demonstrate your ability to troubleshoot and work independently, which is essential for the position.

How to prepare for a job interview at The Travelers Indemnity Company

✨Understand the Insurance Market

Make sure you have a solid grasp of the insurance industry, particularly the specific challenges and trends that affect it. This knowledge will help you demonstrate your expertise and show how you can add value to the team.

✨Showcase Your Analytical Skills

Prepare to discuss your experience with detailed requirements analysis and how you've successfully documented processes in previous roles. Be ready to provide examples of how your insights have led to effective solutions.

✨Familiarise Yourself with Agile Methodologies

Since the role involves working with Agile tools like Jira and Confluence, brush up on your understanding of Agile methodologies. Be prepared to discuss how you've applied these in past projects and how they can benefit the team.

✨Communicate Effectively

Practice articulating your thoughts clearly and concisely. Strong communication skills are essential for this role, so be ready to demonstrate your ability to convey complex information in an understandable way during the interview.

Senior Business Analyst - Insurance
The Travelers Indemnity Company
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