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- Tasks: Lead solution implementations in the P&C insurance sector, ensuring high-quality analysis and communication.
- Company: ValueMomentum, a top solutions provider for the global property & casualty insurance industry.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Join a trusted leader in insurance solutions and make a real impact on industry practices.
- Qualifications: 15+ years of experience in business analysis within the P&C insurance domain.
- Other info: Collaborative environment with a focus on innovation and continuous learning.
The predicted salary is between 72000 - 108000 £ per year.
ValueMomentum is a leading solutions provider for the global property & casualty insurance industry, supported by deep domain and technology capabilities. We offer a comprehensive suite of advisory, development, implementation, and maintenance services across the entire P&C insurance value chain. This includes Underwriting, Claims, Distribution, and more, empowering insurers to stay ahead with sustained growth, high performance, and enhanced stakeholder value. Trusted by over 75 insurers, ValueMomentum is one of the largest standalone insurance-focused solutions providers to the insurance industry.
A Business Analyst is a client-facing role that will orchestrate solution implementations leveraging core Business Analysis skills, domain, and functional understanding in coordination with the entire team. The analyst will first understand the solution, tools, technology landscape, and architecture of the solution to comprehend the data flows, user roles, and business features/needs in scope.
The responsibilities include:
- Planning activities, reviewing the plan, task breakdown, scheduling, and detailing the outcomes from each.
- Ensuring relevant and latest updates in the insurance industry for the geography relevant to the allocated project/client are known and utilized during implementation.
- Experience and knowledge of Ceded Reinsurance in the P&C Insurance Domain with Underwriting workbench.
- Analysis, documentation, presentation, and communication should be detailed where required and of high quality.
- Experience in implementing software solutions using established Insurance software products or customized software solutions.
- Implementing various business features and transactions: Policy Administration, Rating, Underwriting, Claims, Reinsurance of various insurance products.
- Engaging with Insurance IT, Business teams, and all internal and external stakeholders involved in implementations and rollout to determine business requirements and ensure development aligns with the requirements and scope.
- Configuring/providing configuration of rating logic and business rules along with patterns of business logic.
- Performing functional testing of the solution to troubleshoot and identify issues quickly, reporting to respective stakeholders, and tracking to closure during development and before deployment.
- Demonstrating the solution, discussing scope changes to determine impact analysis; engaging with UAT users to assist in completing the UAT.
- Providing detailed walkthroughs of the system requirements, closely working with technical associates on project development activities, reviewing test cases, assisting in closing the QA cycle, and providing knowledge transfer to other team members.
- Informing about the criticality, impact, risks, and priority as part of change management.
Senior Business Analyst - Insurance in London employer: ValueMomentum
Contact Detail:
ValueMomentum Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Business Analyst - Insurance in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at local meetups. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Business Analyst role.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of the P&C insurance domain. We recommend researching common challenges in the industry and thinking about how your experience aligns with them. Show them you’re not just another candidate, but the perfect fit!
✨Tip Number 3
Don’t forget to showcase your problem-solving skills during interviews. We want to see how you approach complex scenarios, especially when it comes to implementing software solutions. Bring examples from your past experiences to the table!
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets noticed. We’re always on the lookout for talented individuals who can bring their expertise in business analysis and insurance to our team.
We think you need these skills to ace Senior Business Analyst - Insurance in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Business Analyst role in the P&C Insurance sector. Highlight your 15+ years of experience and any specific projects that relate to underwriting, claims, or reinsurance. We want to see how your skills align with what we do!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the insurance industry and how your background makes you a perfect fit for our team. Don’t forget to mention any relevant software solutions you've implemented.
Showcase Your Communication Skills: As a Business Analyst, communication is key. In your application, demonstrate your ability to convey complex ideas clearly and concisely. Whether it's through your CV, cover letter, or any additional documents, let us see your strong presentation skills!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at ValueMomentum
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of the P&C insurance domain, especially around Ceded Reinsurance and Underwriting workbenches. Being able to discuss industry trends and how they impact business analysis will show that you're not just familiar with the role but also passionate about the field.
✨Master the Art of Communication
As a Senior Business Analyst, you'll need to engage with various stakeholders. Practice articulating complex ideas clearly and concisely. Prepare examples of how you've successfully communicated requirements or resolved issues in past projects to demonstrate your skills.
✨Showcase Your Problem-Solving Skills
Be ready to discuss specific instances where you've identified problems and implemented solutions. Use the STAR method (Situation, Task, Action, Result) to structure your answers, focusing on how your analytical skills led to successful outcomes in previous roles.
✨Prepare for Technical Questions
Since this role involves working closely with IT and technical teams, expect questions about software solutions and configuration. Brush up on relevant tools and technologies, and be prepared to discuss how you've used them in past implementations.
