Mid-level Business Analyst (Whitespace Software - Specialty Insurance)

Verisk; London; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a skilled Business Analyst to enhance their innovative insurance software solutions. This role offers the opportunity to work collaboratively with teams, analyze business processes, and mentor junior members. The ideal candidate will have a strong background in the insurance industry and experience with Agile and Waterfall methodologies. Join a company that values learning, diversity, and innovation, and take your career to the next level while contributing to impactful projects in the London Market.

Benefits

Flexible work options

Ongoing support

Learning and development opportunities

Diversity and inclusion initiatives

Qualifications

• 3+ years of experience as a Business Analyst in the insurance industry.
• Strong technical skills, especially in JSON or other coding languages.

Responsibilities

• Analyze business processes to determine effective technology solutions.
• Translate business requirements into functional requirements with stakeholders.
• Mentor junior analysts and support their work within the project team.

Skills

Business Analysis

JSON

Agile Methodologies

Waterfall Methodologies

Analytical Skills

Communication Skills

Problem-solving

Education

Bachelor's Degree

Job description

Mid-level Business Analyst (Whitespace Software - Specialty Insurance)

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Job Description

About Verisk Specialty Business Solutions: Verisk Specialty Business Solutions, part of the global Verisk family, is a leading provider of innovative insurance and reinsurance software solutions. We specialize in delivering successful transformation programs for underwriters, brokers, and MGAs within the Lloyd’s, companies, and international insurance/reinsurance sectors. Our Sequel product range offers class-leading, end-to-end solutions that enhance client experiences and better inform risk decisions.

Position Overview: We are seeking a highly skilled and motivated Business Analyst to join our team. The ideal candidate will have 3+ years of experience as a Business Analyst within the insurance industry, preferably with exposure to the London Market, though this is not mandatory.

The Business Analyst will write and communicate specifications based on business requirements, clarifying and providing examples where necessary. They will handle multiple requests, evaluate them in detail (MoSCoW), and prepare and present recommendations on productization, working collaboratively with UI/UX, developers, QA, and key stakeholders. Additionally, they will mentor junior team members, offering support and sharing expertise.

Responsibilities

• Develop understanding of platform functionality, with specialized knowledge in certain areas of the product.
• Analyze business processes, functions, and procedures to determine effective business systems and technology solutions.
• Provide detailed knowledge and rationale for user cases during design and requirements gathering, leading workshops with minimal support from senior analysts.
• Translate business requirements into functional requirements in collaboration with colleagues.
• Support and review work of junior analysts within the project team.
• Provide accurate estimates to Lead Analysts/Project Managers.
• Communicate with Lead Analysts/PMs regarding escalations and problem resolution.
• Gather, analyze, and document business requirements with stakeholders.
• Produce user stories and requirements documentation with clear understanding of needs.
• Work closely with development and product teams to ensure requirements are properly implemented.
• Address questions and clarify vagaries during development.
• Review test coverage with QA, guiding on defect criticality related to requirements.
• Assist in user acceptance testing and support clients through to BAU.
• Participate in testing to ensure system functionality and facilitate iterative improvements.
• Conduct training for clients and team members on complex areas.

Qualifications

• 3+ years of experience as a Business Analyst in the insurance industry.
• Experience in the London Market is highly desirable.
• Strong technical skills, especially in JSON or other coding languages, are advantageous.
• Excellent analytical, problem-solving, and communication skills.
• Experience with Agile and Waterfall methodologies.
• Ability to work effectively in a team and independently.
• Proficiency in requirements gathering, use case development, and documentation.
• Understanding of project lifecycle and testing principles.
• Mentoring experience is a plus.

About Us

For over 50 years, Verisk has been a leading data analytics and technology partner to the global insurance industry. We empower communities and businesses to make better, faster risk decisions.

Join us to build a rewarding career with flexible work options, ongoing support, and a culture that values learning, diversity, and innovation.

We’re recognized as a Great Place to Work and have received numerous awards for workplace culture and management excellence.