Business Analyst – Commercial Insurance experience

Job Role : Business Analyst – Commercial Insurance experience

Location : London, UK (Hybrid – 3 days onsite)

Employment Type : Permanent

Experience : 10+ Years

Job Description:

• Strong understanding of the mid-market commercial business segment business drivers and capabilities

• Knowledge in requirements capture for agent and UW user journeys for pre-packaged and dynamic package policies across workflow, risk intake, pricing etc

• Solid experience in working across business and IT stakeholders and ability to work with minimal oversight

• Excellent oral and written communication skills to engage technical and non-technical users and drive clarity and consensus through fact-based analysis

Critical Traits

• Experience and knowledge of Commercial lines insurance in the P&C Insurance Domain.
• Analysis, documentation, presentation, and communication should be detailed where required and of high-quality
• Flexibility to adjust work timings and willingness to achieve stretched targets, when required.
• Assertive and highly motivated and should be at ease with managing multiple tasks at any point in time. Excellent interpersonal and communication skills.
• Experience in implementing software solutions using established Insurance software products or customized software solutions
• Experience in implementing various business features and transactions: Policy Administration, Rating, Underwriting, Claims, Reinsurance of various insurance products

Key Responsibilities:

• Engage with Insurance IT, Business teams and all the internal and external stakeholders involved in implementations and rollout to determine business requirements, and to ensure the development is in line with the requirements and scope.
• Configure/ provide configuration of rating logic and business rules along with patterns of business logic
• Document and articulate all functional, UI, and product requirements using standard methods
• Understand the offerings and Products that will be implemented; understand what is currently available, supported and not supported and present the same
• Perform functional testing of the solution to troubleshoot and identify the issues quickly, report to respective stakeholders and track to closure during development and before deployment.
• Demonstrate the solution, discuss scope changes to determine the impact analysis; engage with UAT users to assist in completing the UAT
• Provide detailed walkthroughs of the system requirement, closely work with technical associates on project development activities, review test cases and assist in closing QA cycle, and provide knowledge transfer to other team members.
• Provide estimates for the activities; as part of change management inform the criticality, impact, risks, and priority. Provide timely walkthroughs of the work items – documentation, configured products, solution; regularly update the complex and challenging scenarios

About ValueMomentum

ValueMomentum is a leading solutions provider for the global property & casualty insurance industry, supported by deep domain and technology capabilities. We offer a comprehensive suite of advisory, development, implementation, and maintenance services across the entire P&C insurance value chain. This includes Underwriting, Claims, Distribution, and more,empowering insurers to stay ahead with sustained growth, high performance, and enhanced stakeholder value. Trusted by over 75 insurers, ValueMomentum is one of the largest standalone insurance-focused solutions providers to the insurance industry.

Our culture – Our fuel

At ValueMomentum, we believe in making employees win by nurturing them from within, collaborating and looking out for each other.

• People first - We make employees win.

• Nurture leaders - We nurture from within.

• Enjoy wins - Celebrating wins and creating leaders.

• Collaboration - A culture of collaboration and people-centricity.

• Diversity - Committed to diversity, equity, and inclusion.

• Fun - Help people have fun at work. Company perks & benefits

• Compensation - Competitive compensation package comparable to the best in the industry.

• Career advancement - Career development, coaching and mentoring programs for professional and leadership skill development. Comprehensive training and certification programs.

• Benefits: Comprehensive health benefits, wellness, and fitness programs.