At a Glance
- Tasks: Analyse business processes and translate requirements into functional specifications.
- Company: Join a leading insurance tech company with a focus on innovation.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative team environment with mentorship opportunities.
- Why this job: Make a real impact in the insurance industry while developing your analytical skills.
- Qualifications: 4+ years as a Business Analyst in insurance; strong communication and technical skills required.
The predicted salary is between 48000 - 60000 £ per year.
We are seeking a highly skilled and motivated Business Analyst to join our team. The ideal candidate will have between 4+ years of experience as a Business Analyst within the insurance industry, preferably with exposure to the London Market, though this is not mandatory.
Responsibilities:
- Develop an understanding of the Platform functionality.
- Conduct the analysis of business processes, functions and procedures to determine the most effective business systems technology that meets the needs of the organisation.
- Provide detailed knowledge during design and requirements gathering meetings with the ability to lead workshops, with a low level of support from more experienced analysts.
- Work with colleagues to translate business requirements into functional requirements.
- Provide support and review to the junior analysts within their project team to deliver on requirements.
- Provide and deliver on estimates given to Lead Analyst / Project Managers.
- Liaise with your Lead Analyst/PM within your project team / pod around escalations and problem resolution.
- Collaborate with stakeholders to gather and analyse business requirements.
- Develop user stories and requirements documentation.
- Work closely with development and product teams to ensure accurate implementation of requirements.
- Respond to questions and eliminate vagaries during the development phase.
- Review coverage of tests executed by the QA, taking part in the testing of the Platform and system integrations.
- Assist during the execution of user acceptance testing and support the client through to BAU.
Qualifications:
- 4+ 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 in JSON or proficiency in other coding languages is desirable.
- Excellent analytical and problem‑solving abilities.
- Very strong communication and interpersonal skills.
- Ability to work effectively in a team‑oriented environment.
- Experience effectively gathering, managing and documenting requirements, and developing 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.
Mid-level Business Analyst (Whitespace Software - Specialty Insurance) in London employer: Verisk
Verisk Analytics is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for a Mid-level Business Analyst in the dynamic insurance sector. With a strong emphasis on employee growth, we offer comprehensive training and mentorship opportunities, ensuring that our team members can thrive and advance their careers. Located in the heart of the London Market, our company provides unique exposure to industry-leading practices and technologies, empowering you to make a meaningful impact in your role.
StudySmarter Expert Advice🤫
We think this is how you could land Mid-level Business Analyst (Whitespace Software - Specialty Insurance) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those familiar with the London Market. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of business processes. Be ready to discuss how you've tackled challenges in previous roles, especially in relation to requirements gathering and stakeholder collaboration.
✨Tip Number 3
Showcase your analytical prowess! During interviews, share specific examples of how you've used data to drive decisions or improve processes. This will highlight your problem-solving abilities and make you stand out.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our platform.
We think you need these skills to ace Mid-level Business Analyst (Whitespace Software - Specialty Insurance) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience as a Business Analyst in the insurance industry. We want to see how your skills align with the responsibilities mentioned in the job description, so don’t hold back on showcasing relevant projects!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. We love seeing enthusiasm and a clear understanding of the Platform functionality and how you can contribute to our team.
Showcase Your Technical Skills:Since strong technical skills are a must, make sure to highlight your proficiency in JSON or any other coding languages you know. We appreciate candidates who can bridge the gap between business requirements and technical implementation!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values.
How to prepare for a job interview at Verisk
✨Know Your Stuff
Make sure you have a solid understanding of the insurance industry, especially if you can relate it to the London Market. Brush up on key concepts and terminology that are relevant to the role of a Business Analyst. This will not only help you answer questions confidently but also show your genuine interest in the field.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've successfully analysed business processes or requirements. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will demonstrate your problem-solving abilities and how you can contribute to the team.
✨Communicate Clearly
As a Business Analyst, strong communication skills are crucial. Practice articulating your thoughts clearly and concisely. During the interview, make sure to listen actively and respond thoughtfully to questions. This will highlight your interpersonal skills and ability to collaborate with stakeholders.
✨Be Ready for Technical Questions
Since technical skills are important for this role, be prepared to discuss your experience with JSON or any other coding languages you know. You might be asked to solve a problem or explain a technical concept, so brush up on your technical knowledge and be ready to demonstrate your expertise.
