Business Analyst £60K - Insurance Software

Alchemy; Greater London; Hybrid; GBP 51,000 - 60,000; Full time

Job summary

An innovative InsurTech company in Greater London is seeking a Business Analyst to engage with clients across multiple product offerings. Candidates should have a strong background in business analysis within the insurance sector and the ability to effectively communicate complex ideas. Responsibilities include conducting functional workshops, analyzing client needs, and configuring software solutions. This role offers a competitive salary of £60K along with a 10% bonus, pension, and private medical insurance. Remote work opportunities are available.

Benefits

10% Bonus

Pension

Private Medical Insurance

22-25 Days Holiday

Qualifications

• At least 3 years of experience in commercial lines of business.
• Proven Business Analyst experience in software or insurance.
• Ability to articulate complex functional content.

Responsibilities

• Understand customers' operating models and develop process flows.
• Design and facilitate functional workshops.
• Provide analysis including requirements specs and UAT plans.

Skills

Business analysis

Stakeholder communication

Knowledge of P&C (re)insurance

Experience in running functional workshops

Job description

Business Analyst £60K - Insurance Software

Our client, a high-growth InsurTech business with a suite of next‑gen software offerings, is looking for an ambitious Business Analyst to work across 4 different product offerings. The role is customer facing and requires the full range of functional and business analysis skills.

You will be a first‑class communicator with a good understanding of the P&C (re)insurance market and possess the ability to analyse, interpret, understand and design a functional solution, to help address the challenges of the clients' customers. You will be an evangelist and an educator, sharing customer experiences with the rest of the business and helping colleague's better understand the market landscape.

• At least 3 experience working across commercial lines of businesswith a good understanding of London/ Lloyd’s.
• Proven Business Analyst Experience for either a software vendor or insurance business
• Ability to confidently articulate complex and detailed functional content to stakeholders
• Experience running functional workshops, gathering requirements, reviewing and writing functional documentation
• Comfortable dealing at Board level and presenting in front of large groups of senior stakeholders
• Experience of dealing with offshore resources advantageous
• Contribute to internal meetings, updating the business on market trends and analysis
• To assist with new bids to help secure new business

Key Responsibilities

• Understand the customers' operating model and develop process flows and functional specs to meet their requirements
• Design and fun functional workshops, capturing and writing up the outcomes
• Challenge the status quo and inspire clients to think differently about their technology
• Provide analysis including business requirement specs, functional specs, architecture proposals and UAT plans
• Configure software to meet the clients' requirements
• Liaise with onshore and offshore cross‑functional teams to drive positive business outcomes
• 10% Bonus
• Pension
• Private Medical Insurance
• 22-25 Days Holiday

Our client is based in London. Remote working opportunities available for the right candidate