At a Glance
- Tasks: Join our team to analyse business needs and support product enhancements in the insurance sector.
- Company: Verisk, a leading provider of innovative insurance software solutions.
- Benefits: Competitive salary, health coverage, flexible work environment, and professional development opportunities.
- Other info: Diverse global team with excellent career growth and a commitment to inclusivity.
- Why this job: Make a real impact in the insurance industry while growing your skills in a supportive culture.
- Qualifications: 0-2 years experience in business analysis or relevant insurance roles; strong analytical skills required.
The predicted salary is between 30400 - 37800 € per year.
About Verisk Specialty Business Solutions: Verisk Specialty Business Solutions, part of the global Verisk family, is a leading provider of innovative insurance and reinsurance software solutions. We specialize in delivering successful transformation programs for underwriters, brokers, and MGAs within the Lloyd’s, companies, and international insurance/reinsurance sectors. Our Sequel product range offers class‑leading, end‑to‑end solutions that enhance client experience and better inform risk decisions.
Position Overview: We’re looking for an ambitious and driven Business Analyst to join our Broking Solutions team. You will help translate business needs into clear, testable requirements and support the delivery of product enhancements and client implementations. This is a hands‑on, focused role: you’ll work closely with Senior BAs, Product Owners, UI/UX, Engineering, QA and client stakeholders to build your domain and product expertise while contributing day‑to‑day analysis tasks.
Responsibilities
- Build a working understanding of our Broking Solutions platform and the specialty (re)insurance lifecycle, with guidance from Senior BAs and Product Owners.
- Maintain up‑to‑date knowledge of key features and integrations relevant to broker workflows.
- Assist with requirements elicitation (interviews, workshops, shadowing, and document reviews) and capture clear notes and actions.
- Draft and refine user stories, acceptance criteria, and use cases whilst also capturing assumptions, dependencies, and non‑functional needs under the supervision of a Senior BA/Lead.
- Work with UI/UX to ensure user stories align to user journeys and wireframes.
- Partner with Developers and QA to clarify edge cases, remove ambiguity, and keep requirements testable and traceable.
- Support defect triage and query resolution during build and test phases; respond to questions to eliminate vagaries.
- Contribute to UAT preparation (test scenarios, data, environment checks), support client users during UAT, and help track outcomes through to BAU.
- Maintain high‑quality document artefacts (process maps, story maps, Confluence pages, release notes) that are easy for teammates and clients to follow.
- Prepare and deliver short demos or walkthroughs of new features internally; help create training materials for clients and colleagues.
- Actively seek feedback and mentoring from Senior BAs; take part in sprint ceremonies and project planning.
- Flag risks, dependencies, and scope changes promptly to the Senior BA/PM.
Qualifications
- 0–2+ years in a Business Analyst role or experience in a relevant insurance/broking operations role with strong analytical exposure (placements, endorsements, billing, bordereaux, or similar).
- Clear written and verbal communication; able to structure information and ask thoughtful, follow‑up questions.
- Basic familiarity with Agile delivery (scrum/kanban), user stories, and acceptance criteria.
- Strong organisational skills: can manage notes, actions, and artefacts across multiple small workstreams.
- Data literacy (comfortable with Excel; ability to validate data scenarios and spot inconsistencies).
- Growth mindset: demonstrate curious, coachable mindset and proactive in closing knowledge gaps.
- Exposure to London Market processes (slips, endorsements, premiums/claims, accounting & settlement) or specialty lines is an advantage but not essential.
- Experience with Jira/Azure DevOps, Confluence, Miro/Visio (for user story/backlog and process mapping).
- Awareness of API/JSON concepts, basic SQL, or integration testing (you won’t be coding, but technical fluency will help).
- Understanding of the software delivery and product development lifecycle.
About Us
For more than 50 years, Verisk has helped property and casualty insurers make smarter decisions about risk through AI‑powered risk modeling, advanced analytics, and technology solutions spanning the entire policy lifecycle. We are a leading strategic data, analytics, and technology partner to the global insurance industry, guided by core values of learning, caring, and results while maintaining the highest ethical standards as stewards of the industry’s most comprehensive datasets.
Our People, Our Culture
When you join Verisk, you become part of a diverse global team with over 7,500 professionals in 30 plus countries, making work that matters. We are certified by Great Place to Work, reflecting our commitment to inclusivity, employee engagement, and wellbeing. At Verisk, your growth is a priority—from professional development and tuition benefits to a supportive, flexible workplace culture, we support your continued growth.
Our Culture
Explore our inclusive, people‑first culture that fosters innovation, collaboration, and belonging.
Awards & Recognition
See why Verisk is consistently recognized as a Great Place to Work™ around the world.
Our Businesses
Learn about the diverse industries we serve — from insurance and energy to financial services and beyond.
Life at Verisk
Discover what it’s like to work at Verisk through employee stories, team highlights, and culture moments.
Careers at Verisk
Join a global team of problem‑solvers and innovators doing meaningful work that’s shaping the future of industries. Whether you’re just starting out or looking to take your career to the next level, Verisk offers growth, purpose, and a people‑first culture. Let’s build something meaningful together!
Verisk Analytics is an equal opportunity employer. All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.
At Verisk, we provide a competitive compensation package aligned with market benchmarks and individual experience, disclosed transparently in accordance with applicable pay transparency regulations. In addition to base salary, eligible roles may include a range of incentive opportunities designed based on market research and our internal grading structure. Our benefits portfolio varies by location; however, a typical package includes medical coverage, life insurance, pension plans, and paid time off in line with local labor laws. We also foster a work environment focused on well‑being and career development. Additional perks may include wellness initiatives, fitness programs, and team‑building activities.
Junior Business Analyst (Broking Solutions - Lloyd\'s of London) employer: Verisk
Verisk Specialty Business Solutions is an exceptional employer, offering a dynamic work environment in the heart of London’s insurance sector. With a strong commitment to employee growth and well-being, we provide comprehensive benefits, including professional development opportunities and a flexible workplace culture. Join our diverse team and contribute to meaningful projects while enjoying a supportive atmosphere that values innovation and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Business Analyst (Broking Solutions - Lloyd\'s of London)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Verisk. A friendly chat can open doors and give you insider info on what it’s really like to work there.
✨Tip Number 2
Prepare for interviews by diving deep into the Broking Solutions platform. Understand the key features and how they impact broker workflows. This will show your genuine interest and help you stand out!
✨Tip Number 3
Practice your communication skills! Being able to articulate your thoughts clearly is crucial, especially when discussing user stories or requirements. Try explaining complex concepts to friends or family.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll be one step closer to joining our amazing team at Verisk!
We think you need these skills to ace Junior Business Analyst (Broking Solutions - Lloyd\'s of London)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Junior Business Analyst role. Highlight relevant experiences and skills that align with the job description, especially your analytical skills and familiarity with Agile methodologies.
Showcase Your Communication Skills:Since clear communication is key in this role, ensure your written application reflects your ability to structure information well. Use concise language and avoid jargon unless it's relevant to the insurance or broking sectors.
Demonstrate Your Growth Mindset:We love candidates who are eager to learn! In your application, mention any instances where you've proactively sought feedback or taken steps to close knowledge gaps, especially in areas related to business analysis or the insurance industry.
Apply Through Our Website:To make sure your application gets the attention it deserves, apply directly through our website. This way, we can easily track your application and you’ll be one step closer to joining our awesome team!
How to prepare for a job interview at Verisk
✨Know Your Stuff
Before the interview, make sure you have a solid understanding of Verisk's Broking Solutions platform and the specialty (re)insurance lifecycle. Familiarise yourself with key features and integrations relevant to broker workflows, as this will show your genuine interest and preparedness.
✨Master the Art of Communication
Clear communication is key for a Business Analyst role. Practice articulating your thoughts on user stories, acceptance criteria, and how you would approach requirements elicitation. Be ready to ask thoughtful follow-up questions during the interview to demonstrate your analytical skills.
✨Show Off Your Organisational Skills
Bring examples of how you've managed notes, actions, and artefacts in previous roles or projects. Discuss your experience with tools like Jira or Confluence, and be prepared to explain how you keep track of multiple workstreams effectively.
✨Embrace a Growth Mindset
During the interview, express your eagerness to learn and grow within the role. Share instances where you've sought feedback or mentorship, and highlight your proactive approach to closing knowledge gaps. This attitude aligns well with Verisk's culture of continuous development.
