Verisk Logo

Verisk

Senior Business Analyst (Broking Solution - Lloyd's of London)

Posted 12 Days Ago
Be an Early Applicant
In-Office
London, Greater London, England
Senior level
In-Office
London, Greater London, England
Senior level
The Senior Business Analyst will translate business needs into requirements, mentor junior analysts, engage stakeholders, and support product development in the insurance sector with a focus on broking solutions.
The summary above was generated by AI

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 Senior Business Analyst to join our team. The ideal candidate brings 4+ years’ Business Analysis experience within insurance (London Market exposure highly desirable, not essential). You will join the team at an exciting time and translate business needs into clear, testable specifications, providing examples and clarifications as required. You will work on various initativies including client projects and product development activities working closely with UI/UX, Engineering, QA, Product Owners and other key stakeholders. You will also mentor junior BAs, providing day‑to‑day guidance, constructive feedback, and sharing best practice across the BA community.

#LI-SD2 #LI-Hybrid

Responsibilities
  • Product & domain expertise: Build a deep understanding of Broking solution functionality and develop specialist knowledge in designated product areas.

  • Process & systems analysis: Analyse complex processes, functions and procedures to determine the most effective product approach to meet organisational needs.

  • Workshops & discovery: Provide detailed rationale and user‑case knowledge during design and requirements sessions; lead internal and client workshops to elicit and validate requirements.

  • Requirements translation: Work with colleagues to convert business requirements into clear, testable functional requirements.

  • Coaching & review: Support and review work from junior analysts within the project team to ensure quality and completeness of requirements.

  • Estimating: Provide and deliver analysis estimates to Product Owner and track progress.

  • Escalations & resolution: Liaise with Product Owner on risks, escalations and problem resolution within the team.

  • Stakeholder engagement: collaborate with users and stakeholders to gather, analyse and document business requirements.

  • BA deliverables: Produce user stories, use cases and requirements documentation, demonstrating a clear understanding of business and functional needs.

  • Build support: Work closely with development and product teams to ensure requirements are implemented as intended.

  • Clarifications during build: Respond promptly to questions and remove ambiguity throughout the development phase.

  • Planning & delivery: Participate in project planning and management activities, contributing to scope, milestones and risk management.

  • Training: Deliver targeted training for clients and colleagues on complex areas of the platform/process.

Qualifications
  • 5+ years as a Business Analyst within the insurance industry (London Market Broking experience strongly desirable).

  • Strong analytical and problem-solving skills, with a track record of requirements elicitation, management and documentation, including use-case development.

  • Experience delivering in Agile and/or Waterfall environments; solid understanding of the Product Life Cycle principles.

  • Excellent communication and interpersonal skills; able to tailor content to business and technical audiences.

  • Proven ability to work in cross-functional, team-oriented environments and to drive clarity in complex, multi-stakeholder settings.

  • Technical fluency advantageous particularly with JSON (or proficiency in another coding/query language) to support API/integration conversations.

  • Self-motivated, organised, and comfortable working independently while managing multiple concurrent workstreams.

  • Experience providing peer reviews, feedback and mentoring to analysts is desired (line management experience beneficial but not essential).

About Us

Our People, Our Culture

For more than 50 years, Verisk has helped property and casualty insurers make smarter decisions about risk through AI-powered risk modeling, advanced analytics, and technology solutions spanning the entire policy lifecycle.  We are a leading strategic data, analytics, and technology partner to the global insurance industry, guided by core values of learning, caring, and results while maintaining the highest ethical standards as stewards of the industry's most comprehensive datasets. Learn more about Verisk and what we are doing within the insurance industry. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, 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, testaments to the value we place on workplace culture.

Our Culture: Explore our inclusive, people-first culture that fosters innovation, collaboration, and belonging.

Awards & Recognition: See why Verisk is consistently recognized as a Great Place to Work™ around the world.

Our Businesses: Learn about the diverse industries we serve — from insurance and energy to financial services and beyond.

Life at Verisk: Discover what it’s like to work at Verisk through employee stories, team highlights, and culture moments.

Careers at Verisk: Join a global team of problem-solvers and innovators doing meaningful work that’s shaping the future of industries. Whether you're just starting out or looking to take your career to the next level, Verisk offers growth, purpose, and a people-first culture

Let’s build something meaningful together!

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.

At Verisk, we provide a competitive compensation package aligned with market benchmarks and individual experience, disclosed transparently in accordance with applicable pay transparency regulations. In addition to base salary, eligible roles may include a range of incentive opportunities designed based on market research and our internal grading structure.

Our benefits portfolio varies by location; however, a typical package includes medical coverage, life insurance, pension plans, and paid time off in line with local labor laws.

We also foster a work environment focused on well-being and career development. Additional perks may include wellness initiatives, fitness programs, and team-building activities.

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.

Verisk Employee Privacy Notice

Top Skills

Agile
JSON
Waterfall

Similar Jobs

56 Minutes Ago
Hybrid
Mid level
Mid level
Fintech • Mobile • Payments • Software • Financial Services
The Lead Growth Analyst will develop and automate marketing insights utilizing SQL and Python, collaborate with teams, and create data products for growth strategies.
Top Skills: AIDbtLightdashLookerPythonSnowflakeSQLStreamlit
59 Minutes Ago
Hybrid
Mid level
Mid level
eCommerce • Fintech • Hardware • Payments • Software • Financial Services
Partner with SMB merchants across the UK to reduce churn and grow accounts by deploying retention strategies, negotiating, advising on product adoption, and collaborating with Sales, Support, Product, and Analytics.
2 Hours Ago
Remote or Hybrid
Senior level
Senior level
Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Lead a team of Solution Sales Executives to drive new business growth, develop sales strategies, and manage performance within a territory.
Top Skills: PaasSaaS

What you need to know about the Manchester Tech Scene

Home to a £5 billion digital ecosystem, including MediaCity, which consists of major players like the BBC, ITV and Ericsson, Manchester is one of the U.K.'s top digital tech hubs, at the forefront of advancements in film, television and emerging sectors like as e-sports, while also fostering a community of professionals dedicated to pushing creative and technological boundaries.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account