Senior Business Analyst (London Market - Specialty Insurance Industry)

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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.

For the past 25 years, Sequel Business Solutions has grown from being a trusted consultancy to becoming a leading insurance and reinsurance software specialist. With our headquarters based in London EC2, we employ talented insurance and technical experts who understand the market and our clients' business.
Now, as part of the Verisk Analytics family, that legacy is even stronger. Aligning with the world's leading data analytics company extends our ability to help clients overcome the toughest challenges.
Together we deliver a powerful suite of software which provide full end-to-end management of all insurance and reinsurance business. Our clients are able to grow and better manage their business through greater efficiency, flexibility, and data governance.

Job Description

The Business Analyst lll (BA lll) role will work on the Platform team, acting as a bridge between the Whitespace development team and the customer's staff, both business and technical.

They will write and communicate specifications based on business requirements, clarifying and giving further examples where necessary. Testing is also a significant part of the role, ensuring the system does what was intended and iterating and improving as and when required.

They will also act as a mentor to the junior members of the BA team, offering support and sharing expertise.

Main Duties

• Develop an understanding of the Platform functionality
• Gather, clarify and communicate business requirements
• Build a joint understanding of the requirements across the other stakeholders, including designers, developers and testers
• Work with colleagues to translate business requirements into functional requirements
• Respond to questions and eliminate vagaries during the development phase
• Review the coverage of tests executed by the QA team, taking part in the testing of the Platform and system integrations
• Analyse business processes, functions and procedures
• Liaise with other BAs around escalations and problem resolution
• Mentor and advise junior BAs
• Manage expectations and problem-solving to establish relationships built on trust and delivery
• Execute training for clients and other team members
• To manage Junior BAs and support them with their analysis and user story writing

Compliance & Training

• Adhere to all company & regulatory policies and procedures as instructed
• Carry out all training provided to deadlines prescribed
• Work with compliance on IT relevant areas such as Data Security and Financial Crime
• Execute the responsibilities of a company employee acting in a lawful and ethical manner in accordance with your contract of employment and company staff handbook
• Work with department manager for own professional development, including performance appraisal and identifying and meeting training needs in order to ensure competence and compliance with current regulations

#LI-SD2 #LI-Hybrid

Qualifications

Experience Required

• Experience of working in a technical environment
• Significant experience within a London Market Broker Company
• Experience in eliciting and documenting business requirements
• Able to build and develop good client relationships

Education / Training / Qualifications required

• Degree desirable but not essential
• CII LM2 or equivalent qualification in Insurance Practices would be beneficial

Knowledge / Skills / Attributes required

• Experience with JSON data files
• A good understanding of API driven solutions
• A basic understanding of how document based/NoSQL databases function
• Passion for using data and data structures to drive strategic and architectural decision-making
• Self motivated
• Strong verbal and written communication skills
• Excellent listening, negotiating and presentation skills
• Ability to operate collaboratively with colleagues is essential
• Understanding of stakeholder management
• Understanding of client needs and ability to react to those
• Understanding of process design and documentation methodologies
• Ability to work under pressure and to tight deadlines
• Willingness to learn and be agile in a fast-paced environment
• Ability to listen and retain new information quickly to disseminate to relevant internal stakeholders
• Good understanding of the London Insurance Market
• Solid experience with MS Office

Knowledge / Skills / Attributes desirable

• Understanding of global Insurance Industry practices
• Familiarity with the software development lifecycle
• Ability to translate functional requirements into solution designs

Additional Information

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work® Certification, we've been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World's Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We're 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

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. Verisk's minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

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.

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