Negotiable
Undetermined
Hybrid
London Area, United Kingdom
Summary: The Senior Business Analyst role focuses on the London Market Insurance sector, requiring expertise in business process mapping, stakeholder management, and agile delivery. The position involves working with various insurance systems and facilitating requirements gathering to optimize workflows and ensure compliance with regulatory standards. The candidate should have a strong background in the non-life insurance domain and experience in liaising with cross-functional teams.
Key Responsibilities:
- 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
- Facilitating workshops, group interviews, and focus sessions
- Delivering regulatory and operational solutions in alignment with Lloyd’s and FCA standards
- UAT planning, test scenario creation, and coordination with QA teams
Key Skills:
- 10+ years of experience in the Non-Life Insurance domain
- Strong skills in Business Requirements Documents (BRD) and Functional Requirements Documents (FRD)
- Proficient in tools such as JIRA, Confluence, Visio, Excel, SQL
- Sound understanding of specialty insurance domain: Marine Cargo, Liability, Personal Lines
- Experience with Agile (Scrum) and Waterfall SDLC methodologies
- Familiarity with London Market systems and data standards: PPL, DCOM, CDR, XIS, IMR, ECF, MRC v3
- Strong background in requirement elicitation, GAP analysis, and SWOT analysis
- Deep understanding of both business and technical sides of insurance workflows
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Role Title: Business Analyst
Location: London, UK(Hybrid)
Role Description:
- 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 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), Lloyd's 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.
- 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 Lloyd’s and 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.