At a Glance
- Tasks: Lead requirements gathering and analysis for insurance technology programmes.
- Company: Join Vanquish Tech, a growing player in technology services.
- Benefits: Enjoy a hybrid working model, competitive salary, and career growth opportunities.
- Other info: Work primarily remote with occasional visits to London offices.
- Why this job: Make an impact in the insurance sector while collaborating with diverse teams.
- Qualifications: Strong insurance knowledge and proven Business Analysis experience required.
The predicted salary is between 51750 - 63250 £ per year.
Location: London / Hybrid
Employment Type: Full-Time, Permanent
Working Model: Hybrid – primarily remote with approximately 1 day per week in London/client offices
Sector: Insurance / Financial Services
Company: Vanquish Tech
Role Overview
Vanquish Tech is looking for an experienced Insurance Business Analyst / Insurance SME to join our growing delivery team. This is a key client-facing role requiring strong insurance-domain knowledge combined with proven Business Analysis experience. You will work closely with insurance stakeholders, technical teams, architects and delivery teams to define, challenge and translate business requirements into clear, actionable requirements that can be used to design and deliver technology solutions. We are looking for someone who can do more than simply document requirements. You will bring sufficient insurance expertise to lead requirements discussions, ask the right questions, challenge assumptions and help guide stakeholders towards clear and workable outcomes.
Key Responsibilities
- Lead requirements gathering and analysis across insurance-related technology programmes.
- Work directly with business stakeholders, SMEs and senior stakeholders to understand business needs, processes and priorities.
- Apply strong insurance industry knowledge to understand the context behind requirements and identify gaps.
- Challenge unclear, incomplete, conflicting or technically impractical requirements.
- Facilitate workshops, interviews and requirements sessions with stakeholders from different business areas.
- Bring together requirements from multiple departments and reconcile competing stakeholder views.
- Translate business requirements into clear, structured requirements that technical architects and engineering teams can design against.
- Help ensure that the right questions are being asked before technical solutions are developed.
- Provide insurance-domain context to technical teams to support informed architecture and design decisions.
- Work closely with project managers, architects, engineers, developers and other members of the delivery team.
- Maintain requirements documentation, process flows, user stories, acceptance criteria and supporting artefacts throughout the project lifecycle.
- Build strong relationships with client stakeholders and become a trusted point of contact for business and insurance-related requirements.
- Support delivery through testing, implementation and change where required.
Requirements
Essential Experience & Skills
- Strong professional experience as a Business Analyst within the insurance industry.
- Excellent understanding of insurance business processes, terminology and operating models.
- Proven experience gathering and documenting complex business and technical requirements.
- Ability to confidently challenge stakeholders and identify gaps or inconsistencies in requirements.
- Experience facilitating requirements workshops involving multiple stakeholders and business areas.
- Strong ability to translate business needs into requirements suitable for technical design and implementation.
- Experience working closely with technical architects, engineering and delivery teams.
- Excellent stakeholder management and communication skills.
- Ability to operate effectively between business and technology teams.
- Comfortable working independently and taking ownership of requirements rather than waiting for detailed direction.
- Strong analytical and problem-solving skills.
- Excellent written and verbal communication skills.
Desirable Experience
- Experience in one or more of the following would be advantageous:
- London Market insurance
- Commercial or specialty insurance
- Reinsurance
- Underwriting, claims, policy administration or broking processes
- Insurance technology transformation programmes
- Financial services environments
- Legal or professional services organisations
- Business process transformation
- Agile and hybrid delivery methodologies
- Producing BRDs, user stories, process maps and other structured requirements documentation
The Person We're Looking For
You will be a confident and experienced BA who combines strong insurance knowledge with the ability to work effectively with technical teams. You should be comfortable walking into a discussion where requirements may be fragmented or stakeholders have different views, understanding the underlying business problem, and helping the group reach a clear and structured outcome. This role requires someone who can lead the conversation rather than simply take notes. You will need to be credible with senior client stakeholders while also being able to work closely with architects and engineers to ensure they have the business context needed to make the right technical decisions.
Working Model
This is a full-time hybrid role. The position will be primarily remote, with periodic attendance at our London office and client locations. We anticipate approximately one day per week onsite, although this may vary depending on programme and client requirements. Candidates should therefore be able to travel into Central London when required.
Benefits
Why Join Vanquish Tech? This is an opportunity to join a growing technology services business and play an important role in delivering complex technology programmes for clients across insurance, financial services and professional services. The successful candidate will initially have a strong focus on a major insurance engagement, while their wider Business Analysis and industry expertise may also be utilised across other Vanquish Tech clients and programmes.
Insurance Business Analyst / Insurance SME in London employer: Vanquish Tech
As a leading employer in the heart of London, we pride ourselves on fostering a dynamic work culture that values innovation and collaboration. Our commitment to employee growth is evident through continuous training opportunities and mentorship programmes, ensuring that our team members thrive both personally and professionally. With competitive benefits and a focus on work-life balance, we offer a rewarding environment for those looking to make a meaningful impact in the field of Privileged Access Management.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Business Analyst / Insurance SME 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 Vanquish Tech). 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 Vanquish Tech. 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 Insurance Business Analyst / Insurance SME 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 Vanquish Tech.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Vanquish Tech. 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 Vanquish Tech
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Vanquish Tech 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 Vanquish Tech, 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 Vanquish Tech'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.
