London Market Business Analyst

About us

IQUW is a speciality (re)insurer at Lloyd’s (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast.

ERS is the UK's largest specialist motor insurer with an A+ rating. We recognise that for some, motor insurance is more than just a must-have; it's a way of taking care of what stands at the heart of their passion or livelihood. For those people, standard insurance isn't enough. That's why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer’s needs.

The role

The London Market Business Analyst will have the opportunity to provide support for the wider BA function via the creation and delivery of product change related analysis, with a view to supporting the implementation of that product change to the wider business as part of the product delivery lifecycle.

The London Market Business Analysts Leverage their analysis knowledge, and London Market and Underwriting expertise, to play a key role in helping to realise product strategy. This is done via clear elicitation of requirements from our Product Owner and the wider business, building clearly defined stories for our development partners.

We currently operate a hybrid working model. This entails 3 days per week collaborating with colleagues in the office, and 2 days working from home. 

Key responsibilities

• Oversee the delivery of product focused analysis and delivery management in line with the agreed delivery frameworks, governance and SLA’s.
• Assist the technical analysts and development teams by producing high quality analysis, adhering to the required standards, processes, and governance.
• Participate in and promote team ceremonies in line with the agreed product delivery frameworks.
• Demonstrate strategic thinking whilst considering future work requirements.
• Ensure robust business user testing is performed and signed off at the business and senior IT levels.

Qualifications, skills and experience

• Extensive experience as a business analyst within a London Market insurance environment
• A professional qualification in Business Analysis (BCS or equivalent)
• In depth knowledge of contemporary requirements elicitation using agile based methods.
• Previous experience of working in a variety of delivery methodologies including delivery in an agile environment; (e.g., SCRUM and Kanban).
• Previous experience working within a Product Delivery structure beneficial
• Previous experience of working in an insurance environment, or;
• An understanding of the current IQUW Specialty product offerings and underwriting principles

Benefits

• Competitive Benchmarked Salary
• 25 days holiday
• Discretionary bonus scheme
• Employee assistance programme
• Annual holiday buy (up to 3 extra days)
• Salary sacrifice benefits
• Annual benefits reviews
• The option for professional qualifications and study support

Additional Information

• A full Job Description can be seen here.