At a Glance
- Tasks: Analyse and enhance insurance technology and data solutions across the Lloyd’s and London Market.
- Company: Join a leading insurance tech firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic role with excellent career advancement opportunities in a supportive environment.
- Why this job: Be the bridge between business needs and tech solutions, making a real impact in the industry.
- Qualifications: Degree in Business or related field; experience in business analysis or insurance systems preferred.
The predicted salary is between 60000 - 80000 € per year.
This role focuses on analyzing, enhancing, and supporting insurance technology and data solutions across the Lloyd’s and London Market value chain. The IT Business Partner will work across underwriting, exposure management, pricing, policy administration, and post-bind operations to ensure systems, data flows, and processes support business objectives effectively.
You will act as a bridge between underwriting, operations, data, and technology teams—translating business needs into technical requirements, driving system improvements, and contributing to solution design across core insurance platforms.
What Will You Do?
- Business & Systems Analysis
- Analyze end-to-end underwriting and policy lifecycle workflows.
- Document business requirements, functional specifications, and technical data mappings.
- Lead or contribute to solution design for system enhancements and integrations.
- Translate business problems into scalable system and data solutions.
- Conduct impact analysis for system or process changes.
- Systems Ownership, Administration & Hands-On Support
- Own and administer core insurance systems.
- Perform system configuration, user admin, troubleshooting.
- Monitor system health, data flows, integrations.
- Manage upgrades, releases, and vendor interactions.
- Insurance Platform & Workflow Support
- Support core policy administration, underwriting, and delegated authority systems.
- Ensure system configuration aligns with underwriting guidelines and regulatory standards.
- Help streamline data capture and processing across open market and binder business.
- Partner with underwriters and operational teams to resolve system issues.
- Data Transformation & Data Quality
- Support and design data transformation logic including bordereaux validation and cleansing.
- Analyse and map data across risk, exposure, pricing, and operational datasets.
- Work with ETL pipelines, data warehouses, and reporting tools.
- Champion data quality, lineage, and governance.
- London Market Messaging & Integration
- Support London Market eMessaging workflows (e.g., PPL, ACORD, APIs).
- Collaborate with brokers and vendors to resolve messaging or submission issues.
- Ensure compliance with market modernization initiatives including Blueprint Two and CDR.
- Stakeholder Engagement
- Liaise between underwriting, exposure management, actuarial, finance, and IT.
- Participate in workshops and vendor sessions to shape system requirements.
- Support change adoption through training and documentation.
- Reporting & MI
- Contribute to creation of dashboards, MI, and analytical insights.
- Define reporting requirements for underwriting and operations.
- Assist in developing end-to-end data reporting pipelines.
Qualifications & Experience
- Degree in Business, Information Systems, Insurance, Data/Technology, or comparable experience.
- 6-10 years of experience in business analysis, data analysis, IT system management or insurance systems product owner roles within Lloyd’s or the London Market.
- Knowledge of specialty lines, underwriting workflows, or delegated authority processes.
- Experience with policy admin systems, bordereaux processing, and ACORD/eMessaging standards.
- Familiarity with exposure and pricing tools such as RMS, AIR, or Exact.
- Progress toward ACII or BCS certifications is advantageous.
Technical & Functional Skills
- Business requirements gathering and process modelling.
- Data mapping, transformation, and validation expertise.
- Understanding of ETL processes, SQL, or analytical tools.
- Insurance value chain data flow understanding.
- Solution design balancing business needs and system constraints.
- Proficiency with Microsoft Office and insurance systems.
Personal Attributes
- Solution‑oriented mindset with strong analytical thinking.
- High attention to detail with ability to manage complexity.
- Strong communicator across business and technical teams.
- Collaborative and adaptable team player.
- Commercial awareness with strong problem‑solving capability.
- Results-driven and supportive of continuous improvement.
Business Analyst employer: XCEEDANCE LIMITED
As a leading player in the insurance technology sector, we pride ourselves on fostering a dynamic work environment that encourages innovation and collaboration. Our London-based team benefits from a culture of continuous learning and professional development, with ample opportunities for career advancement and skill enhancement. Join us to be part of a forward-thinking organisation that values your contributions and supports your growth in the ever-evolving insurance landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, or even hit up LinkedIn. The more people you know, the better your chances of landing that Business Analyst role.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies that highlight your experience with business analysis and data solutions. When you get the chance to chat with potential employers, share specific examples of how you've tackled challenges in the past.
✨Tip Number 3
Practice makes perfect! Get ready for interviews by doing mock sessions with friends or mentors. Focus on articulating how your background aligns with the job description, especially around system enhancements and stakeholder engagement.
✨Tip Number 4
Don't forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, it’s a great way to ensure your application gets seen by the right people who are looking for someone just like you.
We think you need these skills to ace Business Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Analyst role. Highlight relevant experience in business analysis, data management, and insurance systems. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit. We love seeing enthusiasm and a personal touch.
Showcase Your Analytical Skills:In your application, don’t forget to showcase your analytical thinking and problem-solving skills. Give examples of how you've tackled complex issues in the past—this is key for us at StudySmarter!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Good luck!
How to prepare for a job interview at XCEEDANCE LIMITED
✨Know Your Business Analysis Basics
Make sure you brush up on your business analysis fundamentals. Understand the end-to-end underwriting and policy lifecycle workflows, as well as how to document business requirements and functional specifications. Being able to discuss these topics confidently will show that you're ready to hit the ground running.
✨Familiarise Yourself with Insurance Technology
Get a good grasp of the core insurance systems and data solutions mentioned in the job description. Knowing about policy administration systems, bordereaux processing, and ACORD/eMessaging standards will help you stand out. Be prepared to discuss how you've used these technologies in past roles.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving skills. Think of examples where you've translated business needs into technical requirements or contributed to system enhancements. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.
✨Show Off Your Communication Skills
As a bridge between various teams, strong communication is key. Be ready to demonstrate how you've liaised between different stakeholders in previous roles. Highlight your ability to explain complex technical concepts in simple terms, as this will be crucial in your new role.