At a Glance
- Tasks: Analyse commercial insurance needs and collaborate with teams to deliver effective solutions.
- Company: Join ValueMomentum, a top player in global property solutions.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Dynamic role with opportunities for innovation and career advancement.
- Why this job: Make a real impact in the insurance sector while working with diverse teams.
- Qualifications: 10+ years in business analysis with a focus on commercial insurance.
The predicted salary is between 48000 - 72000 £ per year.
Location: London, UK (Hybrid – 3 days onsite)
Employment Type: Permanent
Experience: 10+ Years
Job Description:
- Strong understanding of the mid-market commercial business segment business drivers and capabilities.
- Knowledge in requirements capture for agent and UW user journeys for pre-packaged and dynamic package policies across workflow, risk intake, pricing etc.
- Solid experience in working across business and IT stakeholders and ability to work with minimal oversight.
- Excellent oral and written communication skills to engage technical and non-technical users and drive clarity and consensus through fact-based analysis.
Critical Traits:
- Experience and knowledge of Commercial lines insurance.
- Ability to understand what is currently available, supported and not supported and present the same.
- Perform functional testing of the solution to troubleshoot and identify issues quickly, report to respective stakeholders and track to closure during development and before deployment.
- Demonstrate the solution, discuss scope changes to determine the impact analysis; engage with UAT users to assist in completing the UAT.
- Provide detailed walkthroughs of the system requirement, closely work with technical associates on project development activities, review test cases and assist in closing QA cycle, and provide knowledge transfer to other team members.
- Provide estimates for the activities; as part of change management inform the criticality, impact, risks, and priority.
- Provide timely walkthroughs of the work items – documentation, configured products, solution; regularly update the complex and challenging scenarios.
Business Analyst – Commercial Insurance experience employer: ValueMomentum
ValueMomentum is an exceptional employer that fosters a collaborative work culture, where innovation and teamwork are at the forefront of our mission. Located in a vibrant area, we offer competitive benefits, continuous professional development opportunities, and a commitment to employee well-being, making it an ideal place for those looking to grow their careers in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst – Commercial Insurance experience
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like ValueMomentum. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Business Analyst – Commercial Insurance experience
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to ValueMomentum.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on ValueMomentum's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at ValueMomentum
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with ValueMomentum.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at ValueMomentum will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former ValueMomentum employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
