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- Tasks: Join us as a Business Analyst to enhance insurance processes and collaborate with stakeholders.
- Company: We are a leading insurance firm based in London, committed to innovation and excellence.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact by optimising operations and driving efficiency in the insurance sector.
- Qualifications: 5+ years of experience in business analysis within the insurance domain is essential.
- Other info: Flexible methodologies and a collaborative culture await you in this dynamic role.
The predicted salary is between 48000 - 72000 £ per year.
Location: London, Hybrid
Type: Permanent or Inside IR35 contract
Visa: ILR/British/Dependent/Settled
Domain: Insurance
Responsibilities:
- 5+ years of experience as an Insurance BA, preferably in London.
- Conduct interviews and workshops with stakeholders to understand business needs.
- Document detailed business requirements and use cases.
- Collaborate with IT teams to ensure technical feasibility.
- Analyze existing business processes to identify areas for enhancement.
- Develop process models and workflows to optimize operations.
- Recommend and implement solutions to increase efficiency and productivity.
- Build and maintain strong relationships with internal and external stakeholders.
- Facilitate regular meetings to communicate project updates and gather feedback.
- Act as a liaison between business units and IT to ensure effective collaboration.
- Gather and analyze data to support business decision-making.
- Create comprehensive reports and dashboards for stakeholders.
- Ensure data accuracy and integrity in reporting processes.
- Assist in defining project scope, objectives, and deliverables.
- Coordinate with project teams to ensure alignment and timely delivery.
- Monitor project progress and report on status to management.
Minimum Requirements:
- Proven experience in business analysis and insurance industry knowledge.
- Possess flexibility in methodologies: adapt seamlessly between agile and waterfall methodologies.
- Understanding of product management and Agile.
Business Analyst - Insurancew Domain employer: Upbeat Ideas UK Ltd
Contact Detail:
Upbeat Ideas UK Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - Insurancew Domain
✨Tip Number 1
Network with professionals in the insurance industry, especially those who work as Business Analysts. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the specific tools and software commonly used in business analysis within the insurance sector. Being knowledgeable about these can give you an edge during interviews and demonstrate your commitment to the role.
✨Tip Number 3
Prepare to discuss real-world examples of how you've successfully gathered requirements and implemented solutions in previous roles. This will showcase your experience and ability to handle the responsibilities outlined in the job description.
✨Tip Number 4
Stay updated on the latest regulations and trends affecting the insurance industry. Showing that you are informed about current events can help you stand out as a candidate who is proactive and engaged in the field.
We think you need these skills to ace Business Analyst - Insurancew Domain
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience as a Business Analyst in the insurance domain. Focus on specific projects you've worked on, particularly those that demonstrate your ability to conduct interviews, document requirements, and collaborate with IT teams.
Craft a Compelling Cover Letter: In your cover letter, explain why you're passionate about the insurance industry and how your skills align with the responsibilities listed in the job description. Mention your flexibility in methodologies and provide examples of how you've successfully adapted to different project environments.
Showcase Your Analytical Skills: When detailing your experience, emphasise your analytical skills. Include examples of how you've gathered and analysed data to support business decisions, and how you've created reports and dashboards for stakeholders.
Highlight Stakeholder Engagement: Demonstrate your ability to build and maintain relationships with stakeholders. Provide examples of how you've facilitated meetings, communicated project updates, and gathered feedback to ensure effective collaboration between business units and IT.
How to prepare for a job interview at Upbeat Ideas UK Ltd
✨Showcase Your Insurance Knowledge
Make sure to highlight your experience in the insurance domain during the interview. Be prepared to discuss specific projects you've worked on and how your insights have contributed to business outcomes.
✨Demonstrate Stakeholder Engagement Skills
Since the role involves conducting interviews and workshops, share examples of how you've successfully engaged with stakeholders in the past. Discuss your approach to understanding their needs and how you documented those requirements.
✨Be Ready to Discuss Methodologies
The company values flexibility in methodologies, so be prepared to talk about your experience with both agile and waterfall approaches. Provide examples of how you've adapted your methods to suit different project needs.
✨Prepare for Technical Collaboration Questions
As a Business Analyst, you'll need to work closely with IT teams. Be ready to discuss how you've ensured technical feasibility in past projects and how you facilitate communication between business units and IT.
