At a Glance
- Tasks: Join our team to design AI-driven workflows and validate automation processes.
- Company: Dynamic insurance company focused on innovation and collaboration.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Mentorship opportunities and a supportive team environment await you.
- Why this job: Make a real impact in the insurance industry with cutting-edge AI technology.
- Qualifications: 3+ years as a Business Analyst in insurance, strong data analysis skills required.
The predicted salary is between 45000 - 55000 £ per year.
We are seeking a highly skilled and motivated Business Analyst to join our team. The ideal candidate will have between 3+ years of experience as a Business Analyst within the insurance industry and experience of designing, specifying and validating agentic workflows, prompts and decision logic for AI-driven automation and Gen AI use cases. Exposure to the London Market is preferred but not mandatory.
They will write and communicate specifications based on business requirements, clarifying and giving further examples where necessary. Work on multiple requests which would need detailed evaluating (MoSCoW) followed by preparing and presenting recommendations on how to productise, working collaboratively with UI/UX, developers, QA and key stakeholders. They will also act as a mentor to the junior members of the BA team, offering support and sharing expertise.
Responsibilities- Develop an understanding of the Platform functionality, with specialist knowledge on certain areas of the product.
- Design and specify agentic workflows, prompts, and decision logic for AI-driven automation and Gen AI use cases.
- Demonstrate strong data literacy, including the ability to analyse, interpret, and leverage data to inform requirements and validate AI outputs.
- Apply prompt engineering techniques to optimise Gen AI model performance and ensure business relevance.
- Validate and iterate on AI solutions, using data-driven feedback to continuously improve outcomes.
- Conduct the analysis of business processes, functions and procedures to determine the most effective business systems technology that meet the needs of the organisation.
- Provide detailed knowledge, rationale of user cases, during design and requirements gathering meetings with the ability to lead both internal and client attended workshops, with a low level of support from more experienced analysts.
- Work with colleagues to translate business requirements into functional requirements, focusing on scalable and reusable use cases that support users of the platform.
- Provide support and review to the junior analysts within their project team to deliver on requirements.
- Provide and delivering on estimates given to Lead Analyst / Project Managers.
- Liaise with their Lead Analyst/PM within their project team / pod around escalations and problem resolution.
- Collaborate with users and stakeholders to gather, analyse and document business requirements.
- Produce user stories and requirements documentation, with clear understanding of business requirements and functional requirements.
- Work closely with development and product teams to ensure adequate implementation of requirements.
- Respond to questions and eliminate vagaries during the development phase.
- Reviewing with the assistance of more experienced analysts the coverage of tests executed by the QA team. Provide guidance regarding criticality of any defects raised associated with requirements during build and test process.
- Assisting during the execution of user acceptance testing and supporting client through to BAU.
- Taking ownership of requirements, ensuring the system does what was intended and iterating and improving as and when required.
- Execute training for clients and other team members in complex areas.
- 3+ years of experience as a Business Analyst in the insurance industry.
- Insurance experience is a must with London Market strongly desirable.
- Strong technical skills, particularly with data analysis, JSON and working with APIs.
- Excellent analytical and problem-solving abilities.
- Experience in Agile and/or Waterfall methodologies.
- Very strong communication and interpersonal skills.
- Ability to work effectively in a team-oriented environment.
- Experience effectively gathering, managing and documenting requirements, and development of use cases.
- Understanding of the Project Life Cycle and Agile development and testing principles.
- Self-motivated and happy to work independently, with the ability to organise time/work effectively.
- Experience in providing reviews, feedback and mentoring analysts is desired but not essential.
Whitespace Business Analyst - AI and agents in London employer: Verisk Analytics
Join a forward-thinking company that values innovation and collaboration, where your expertise as a Business Analyst will directly contribute to shaping AI-driven solutions in the insurance industry. With a strong focus on employee growth, we offer mentorship opportunities, a supportive work culture, and the chance to work alongside talented professionals in the heart of London. Enjoy competitive benefits and the unique advantage of being part of a dynamic team that is at the forefront of technological advancements in the London Market.
StudySmarter Expert Advice🤫
We think this is how you could land Whitespace Business Analyst - AI and agents 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 Verisk Analytics). 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 Verisk Analytics. 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 Whitespace Business Analyst - AI and agents 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 Verisk Analytics.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Verisk Analytics. 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 Verisk Analytics
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Verisk Analytics 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 Verisk Analytics, 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 Verisk Analytics'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.
