Business Analyst (Underwriting)

City of London
06 Feb 2013
06 Mar 2013
Oliver King
Contract Type
Full Time

Business Analyst (Underwriting)

Business Analyst (Underwriting) Role Description

This role requires an individual with solid Business Analysis experience having worked on large scale and complex software implementation projects within the Lloyds Market with a strong knowledge of Underwriting and associated processes.

This role will work closely with business users to proactively elicit requirements and seek out improvements from a business and technology perspective.

This individual must be able to articulate the benefits Business Analysis can bring to an organisation with the ability to influence stakeholders including senior management.

The successful candidate will form part of the centralised Change & Delivery function, however this individual may be seconded to specific departments within the organisation for periods of time in order to obtain a deeper understanding of how the function operates on a daily basis, with the objective of proactively seeking out and recommending improvements.

Main Duties and Responsibilities

  • Investigate situations (workshops/brain-storming)
  • Realise Strategies
  • Improve Business Processes
  • Recommend & Evaluate Options
  • Develop Business Cases
  • Perform Cost Benefit Analysis
  • Management of Stakeholders (conflicts / negotiation/ interpretation)
  • Define Requirements
  • Support the Software Development Lifecycle
  • Review Business Benefits
  • Play a key role in driving and promoting Business Analysis best practice across
  • Solid experience of Business and Systems Analysis in the Insurance industry
  • Proven ability to translate business requirements into innovative solutions
  • Solid end-to-end Software Development Lifecycle experience
  • Good understanding of Business Process Modelling

  • Good understanding of Business Intelligence

  • Good understanding of UML

    • Good understanding of technology
    • Experience of 'hands-on' software development an advantage
    • Excellent communication skills, both written and oral, with all levels of staff
    • Ability to self-manage with awareness of when escalation is necessary
    • Proactive, organised, good attention to detail
    • Lloyd's Market Insurance knowledge
    • Excellent understanding of Underwriting and associated processes
    • PRINCE2
    • BPMN
    • Flexible and adaptable approach to projects
    • Good organisational skills with experience of meeting strict deadlines
    • Ability to effectively prioritise and execute tasks in a high-pressure environment
    • Ability to cope with shifting priorities, demands, and timelines through analytical and problem-solving capabilities
    • Ability to facilitate relations between business groups and technology departments
    • Experience at working both independently and in a team-oriented, collaborative environment
    • Strong influencing and negotiation skills
    • Extensive experience in the insurance industry with an excellent knowledge of the Lloyd's Market, its regulatory requirements and the impact this may have on proposed solutions or business changes


Personal Skills / Competencies Required

Salary Range: £45,000 - £60,000 (dependant on Exp.)

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