Business Analyst

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 Senior Business Analyst to join our team. The ideal candidate will have between 5+ years of experience as a Business Analyst within the insurance industry, preferably with exposure to the London Market, though this is not mandatory.   

They will write and communicate specifications based on business requirements, clarifying and giving further examples where necessary. Work on multiple requests which would need detailed evaluating (MoSCoW) followed by preparing and presenting recommendations on how to productise, working collaboratively with UI/UX, developers, QA and key stakeholders. 

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

#LI-SD2  #LI-Hybrid

• Develop an understanding of the Platform functionality, with specialist knowledge on certain areas of the product.
• 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, rationale of user cases, during design and requirements gathering meetings with the ability to lead both internal and client attended workshops.
• Work with colleagues to translate business requirements into functional requirements.
• Providing support and review to the junior analysts within their project team to deliver on requirements.
• Providing and delivering on analysis estimates given to Lead Analyst / Project Managers.
• Liaising with their Lead Analyst/PM within their project team / pod around escalations and problem resolution.
• Interviewing and brainstorming with users and stakeholders to gather, analyse and document business requirements.
• Produce user stories and requirements documentation, with clear understanding of business requirements and functional requirements.
• Work closely with development and product teams to ensure adequate implementation of 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. Provide guidance regarding criticality of any defects raised associated with requirements during build and test process
• Assisting during the execution of user acceptance testing and supporting client through to BAU.
• Participate in project planning and management activities.
• 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.
• Potential line management of more junior analysts, including setting objectives and supporting training plans.

• 5+ years of experience as a Business Analyst in the insurance industry.
• Insurance experience is a must with London Market strongly desirable.
• Strong technical skills, particularly in JSON or proficiency in other coding languages is desirable.
• Excellent analytical and problem-solving abilities.
• Experience in Agile and/or Waterfall methodologies.
• Very strong communication and interpersonal skills.
• Ability to work effectively in a team-oriented environment.
• Experience effectively gathering, managing and documenting requirements, and development of use cases.
• Understanding of the Project Life Cycle and Agile development and testing principles.
• Self-motivated and happy to work independently, with the ability to organise time/work effectively.
• Experience in providing reviews, feedback and mentoring analysts is desired but not essential.