At a Glance
- Tasks: Analyse business processes and collaborate with teams to enhance insurance technology solutions.
- Company: Join Verisk Analytics, a leader in the insurance industry with a commitment to diversity.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic team environment with opportunities for mentorship and career advancement.
- Why this job: Make a real impact in the insurance sector 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) 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 opportunities for professional development and mentorship, ensuring that our team members thrive in their careers. Located in the heart of the London Market, we provide a unique environment where innovation meets tradition, allowing you to make a meaningful impact while enjoying competitive benefits and a supportive atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Mid-level Business Analyst (Whitespace Software - Specialty Insurance)
✨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, especially in JSON and other coding languages. We recommend practising common business analysis scenarios and being ready to discuss how you’ve tackled challenges in past roles.
✨Tip Number 3
Showcase your analytical prowess! During interviews, be ready to share specific examples of how you've improved business processes or collaborated with teams to deliver successful projects. Numbers and results speak volumes!
✨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)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Analyst role. Highlight your experience in the insurance industry, especially if you've worked with the London Market. We want to see how your skills match what we're looking for!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past roles where you’ve successfully gathered and documented requirements or led workshops. This helps us see your practical experience in action.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Share your passion for the role and the insurance industry. Let us know why you’re excited about joining our team and how you can contribute to our success.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss any important updates from our team!
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 have experience in the London Market. Brush up on key concepts and terminology that are relevant to the role, as this will help you speak confidently about your background and how it relates to the position.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples of how you've analysed business processes in the past. Think about times when you identified inefficiencies or proposed solutions that improved systems. Be ready to explain your thought process and the impact of your work.
✨Communicate Clearly
Strong communication skills are crucial for a Business Analyst. Practice articulating your thoughts clearly and concisely. During the interview, make sure to listen actively and respond thoughtfully to questions, demonstrating your ability to collaborate with stakeholders.
✨Be Ready to Lead
Since the role involves leading workshops and guiding junior analysts, prepare to discuss your leadership style and any relevant experiences. Think of examples where you've taken charge of a project or mentored others, and be ready to share how you can bring that experience to the team.
