Senior Business Analyst (Insurance Software)

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Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

Following the foundations of the business analyst I and II roles, the Business Analyst III role is a senior analyst responsible for more complex areas of analysis within their product line, reviewing the work of more junior analysts and providing assistance with the areas of the analysis processes and the business and application knowledge.

Business Analyst IIIs are able support more junior analysts in their development of their business and analytical knowledge.

Main responsibilities:

• Conducting the analysis of complex business processes, functions and procedures to determine the most effective business systems technology that meet the needs of the organisation.
• Providing detailed knowledge during design and requirements gathering meetings.
• Providing support to of analysts within their project team / pod in establishing specifications and acceptance criteria based on business requirements.
• Providing support to analysts within their project team / pod in building a joint understanding of the requirements across the other stakeholders (other analysts, developers, testers, project management, product owners).
• Participate in system design as a representative of the user community.
• Providing their initial estimates to their Lead Analyst.
• Providing updated estimates to complete to their Lead Analyst.
• Liaising with their Lead Analyst within their project team / pod around escalations and problem resolution.
• Managing expectations and consulting/problem-solving to entrench relationships built on trust and delivery.
• Execute training for clients and other team members in complex areas.
• Engage in vendor evaluations, RFIs, RFPs.
• Reviewing other team members for training requirements and validating training received, and providing feedback with regards to objectives and evaluations.
• Potential line management of more junior analysts, including setting objectives and supporting training plans.
• Supporting more junior analysts in their reviews of the coverage of tests executed by the QA team.
• Assisting during the execution of user acceptance testing.
• Any other duties commensurate to the grade of the role.
• Working within the product suite to ensure that the overall solutions provided meet client requirements.

#LI-SD2

Qualifications

• Strong verbal and written communication skills.
• Sound knowledge of MS Office.
• Knowledge of SQL.
• Extensive experience working in an analysis role.
• Experienced in managing the quality of the analysis output.
• Experienced in providing reviews, feedback and mentoring analysts.
• Experience effectively gathering, managing and documenting requirements, and development of use cases.
• Understanding of the Project Life Cycle and Agile development and testing principles
• Strong understanding of the structure and processes of the London Insurance Market and Global Insurance Markets.
• Understanding in detail the product the analyst works in.
• Understanding of process design and documentation methodologies.
• Ability to create an effective business case, from defining the opportunity and analysing alternatives to presenting final recommendations.

Additional Information

In 2022, Verisk received Great Place to Work® Certification for our outstanding workplace culture for the sixth year in a row and second-time certification in the UK, Spain, and India. We're also one of the 38 companies on the UK's Best Workplaces™ list and one of 18 companies on Spain's Best Workplaces™ list.

For over fifty years and through innovation, interpretation, and professional insight, Verisk has replaced uncertainty with precision to unlock opportunities that deliver significant and demonstrable impact. From our historic roots in risk assessment, we've grown to provide analytic insights that help transform industries focused on some of the world's most critical areas. Today, the insurance industry relies on Verisk to be, and to make the world, more productive, resilient, and sustainable.

Verisk works in collaboration with our customers and at the intersection of people, data, and advanced technologies. Through proprietary platformed analytics, advanced modeling, and interpretation, we deliver immediate and sustained value to our customers and through them, to the individuals and societies they serve, with greater speed, precision, and scale. We're 9,000 people strong, committed to translating big data into big ideas. We help others see new possibilities and empower certainty into big decisions that impact individuals and societies. And we relentlessly and ethically pursue innovation to help move our customers, and the world, toward better tomorrows.

Everyone at Verisk-from our chief executive officer to our newest employee-is guided by The Verisk Way, to Be Remarkable, Add Value, and Innovate.
• Be Remarkable by doing something better each day in service to our customers and each other
• Add Value by delivering immediate and sustained results that drive positive outcomes
• Innovate by redefining what's possible, embracing challenges, and pushing boundaries

Verisk Businesses

Underwriting Solutions - provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions - supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions - offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions - provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions - provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions - delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions - offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft - provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

http://www.verisk.com/careers.html

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

Videos To Watch
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