Business Analyst - Insurance Product

Pioneer Search; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading specialist insurer is seeking a Contract Business Analyst with strong London / Lloyd's Market experience. This role supports product change and systems enhancements, ensuring alignment and accuracy of insurance products. Responsibilities include eliciting requirements, translating needs into user stories, and acting as a point of contact for product changes. Excellent communication and strong analytical skills are essential. This position offers a hybrid working model, requiring 2-3 days per week in London, with a competitive £650 per day outside IR35.

Qualifications

• Proven experience as a Business Analyst within the London Market or specialty insurance sector.
• Strong understanding of insurance product structures, underwriting processes & rating logic.
• Skilled in writing clear requirements, user stories & acceptance criteria.

Responsibilities

• Elicit, refine & document product & system requirements through engagement with stakeholders.
• Translate business needs into clear user stories & acceptance criteria.
• Act as the primary point of contact for product-related changes.

Skills

Business analysis

Stakeholder engagement

Agile methodologies

Writing user stories

Job description

Business Analyst : Lloyd's Market, Underwriting, Pricing, Business Analysis

Outside IR35 - £650 per day

6-month contract

Hybrid - 2-3 days per week in London

A leading specialist insurer is seeking a Contract Business Analyst with strong London / Lloyd's Market experience to support product change, systems enhancements & underwriting & pricing processes. This role sits at the centre of Policy, Claims & Rating value streams, ensuring insurance products & supporting systems are aligned, accurate & deliver the intended business outcomes.

You will work closely with Product Managers, technical teams & underwriting stakeholders to deliver high-quality requirements & guide product change through the full delivery lifecycle. This is an immediate requirement, so immediate or soon-to be availability is required.

Key Responsibilities :

• Elicit, refine & document product & system requirements through engagement with underwriting, claims & third-party stakeholders.
• Translate business needs into clear user stories & acceptance criteria, ensuring requirements are fit for purpose & aligned to governance frameworks.
• Support underwriting, pricing & product teams with system queries, incident investigation & prioritisation of change.
• Act as the primary point of contact for product-related change, facilitating sign-off, communication & alignment across delivery teams.
• Work with senior analysts & delivery teams to support large-scale product change, ensuring successful implementation across Policy, Claims & Rating systems.

Requirements :

• Proven experience as a Business Analyst within the London Market or specialty insurance sector is required.
• Strong understanding of insurance product structures, underwriting processes & rating logic.
• Technically capable, with experience supporting system changes, product configurations & incident investigations.
• Skilled in writing clear requirements, user stories & acceptance criteria, with experience working in agile or hybrid delivery environments.
• Excellent communication, stakeholder engagement & relationship-building skills across underwriting, product & technical teams.

Apply now