Business Analyst
Posted 2 weeks ago by Undisclosed
£340 Per day
Inside
Hybrid
London Area, United Kingdom
Summary: The Business Analyst role is a contract position focused on the Non-Life Insurance domain, specifically within the London Insurance Market. The ideal candidate will have over 10 years of experience and will be responsible for translating business needs into functional and technical deliverables while optimizing workflows and engaging with various stakeholders. The position requires expertise in Specialty Lines and familiarity with multiple insurance platforms. The role is hybrid, requiring 2-3 days on-site in London.
Key Responsibilities:
- Translate business needs into functional and technical deliverables.
- Gather and analyze requirements from cross-functional stakeholders.
- Redesign and optimize workflows through As-Is/To-Be process modeling.
- Engage with stakeholders across Broking, Underwriting, Ops, and IT.
- Work with platforms such as PPL, PAS (Majesco, Duck Creek), UW Workbench, DCOM, and XIS.
- Facilitate workshops, group interviews, and focus sessions.
- Deliver regulatory and operational solutions in alignment with FCA standards.
- Plan UAT, create test scenarios, and coordinate with QA teams.
Key Skills:
- 10+ years of experience in the Non-Life Insurance domain.
- Strong understanding of London Market Insurance (MGAs, Coverholders, XIS).
- Proficient in Business Process Mapping (As-Is/To-Be).
- Experience in PPL Integration & Digital Placement.
- Familiarity with Policy Administration Systems (Duck Creek, Majesco).
- Strong skills in Requirements Gathering & Functional Specification.
- Experience in Agile Delivery (Product Owner, Scrum).
- Proficient in Data Analysis & Regulatory Reporting.
- Familiarity with tools such as JIRA, Confluence, Visio, Excel, SQL.
- Strong background in Agile (Scrum) and Waterfall SDLC methodologies.
- Experience with UAT planning and defect triage.
Salary (Rate): £340.40 daily
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: Other
Role Title: Business Analyst
Duration: contract to run until 17/02/2026
Location: London, Hybrid 2/3 days onsite
Rate: up to £340.40 p/d Umbrella inside IR35
Role purpose / summary
Our client is looking for a Business Analyst with 10+ years of experience in the Non-Life Insurance domain, primarily serving the London Insurance Market. Proven expertise in translating business needs into functional and technical deliverables, with a strong grasp of Specialty Lines (Marine, Personal Lines), compliance, and end-to-end policy lifecycle. Adept at liaising between cross-functional stakeholders, gathering and analyzing requirements, and working with platforms such as PPL, PAS (Majesco, Duck Creek), UW Workbench, DCOM, and XIS. Experienced in redesigning and optimizing workflows through As-Is/To-Be process modeling and aligning solutions with market modernization programs such as Blueprint Two.
Key Skills/ requirements
- London Market Insurance (MGAs, Coverholders, XIS)
- Business Process Mapping (As-Is/To-Be)
- Stakeholder Management (Broking, Underwriting, Ops, IT)
- PPL Integration & Digital Placement
- Policy Administration Systems (Duck Creek, Majesco)
- Requirements Gathering & Functional Specification
- Agile Delivery (Product Owner, Scrum)
- Data Analysis & Regulatory Reporting
- Tools: JIRA, Confluence, Visio, Excel, SQL
- Insurance India Institute- Licentiate, LOMA- ALMI – Certified
- Strong skills: Business Requirements Documents (BRD), Functional Requirements Documents (FRD), Data Mapping Sheets, Process Maps
- Sound understanding of specialty insurance domain: Marine Cargo, Liability, Personal Lines, and systems including PPL, Policy Admin system (PAS), UW workbench, DMS, XIS etc
- End-to-end stakeholder engagement and facilitation of workshops, group interviews, and focus sessions
- Experience workings with MGAs, Coverholders, and Delegated Authority (DA) structures
- Strong background in Agile (Scrum) and Waterfall SDLC methodologies, with Hands-on requirement elicitation, GAP analysis, SWOT analysis, and stakeholder workshops
- Experienced in delivering regulatory and operational solutions in alignment with FCA standards
- Familiarity with London Market systems and data standards: PPL, DCOM, CDR, XIS, IMR, ECF, MRC v3
- Deep understanding of both business and technical sides of insurance workflows
- Proficient in UAT planning, test scenario creation, and coordination with QA teams for defect triage and resolution.
All profiles will be reviewed against the required skills and experience. Due to the high number of applications we will only be able to respond to successful applicants in the first instance. We thank you for your interest and the time taken to apply!