Business Analyst - Contract London, England
Job description
job description:
Business Analyst - Contract
This is an exciting time within Hiscox Re & ILS. We have ambitious growth plans that will need innovative business capabilities, enabled by technology and data. This is an incredible opportunity to play a key role in driving solutions that will allow our overall vision and goals to be achieved. This will be an initial 9 month contract.
Hiscox Re & ILS comprises the groups reinsurance business across the world and Insurance Linked Strategies (ILS) activity.
Hiscox Re focuses on working alongside brokers and clients across a number of different products e.g.: – property, retro, marine, casualty, specialty, cyber, flood risk excess.
Hiscox ILS is our alternative investment advisor, managing third party capital through development of insurance-linked strategies for institutional investors.
The role is suited for an individual with a ‘can-do’ attitude. Take the lead to define and document business processes and software requirements to be delivered through a combination of off-the-shelf technology supplemented with in-house development. Serve as a liaison between business and technology scrum teams by facilitating communication and determining software objectives that align with stated and unstated business needs.
Key Responsibilities:
Obtain a deep understanding of relevant business area(s) to be able to recommend solutions and build high-quality requirements.
Use a variety of techniques to understand business requirements, such as interviews, workshops, surveys, site visits, and storyboards.
Shape business requirements by making recommendations and suggesting alternatives to proposed solutions.
Understand technical options, limitations, costs, and risks. Communicate trade-offs to business partners and work with them to shape requirements accordingly.
Translate conceptual user requirements into clear, detailed functional requirements.
Work with business and delivery teams to prioritise requirements.
Help resolve competing priorities between stakeholder groups by facilitating stakeholder discussions and escalate issues where appropriate.
Manage requirements scoping throughout the delivery process.
Createartifacts as appropriate, including business case documentation, scope documentation, and process flows.
Support delivery teams as they develop, configure, test, and deploy solutions.
Review delivery team output to ensure requirements are correctly interpreted; define and execute test cases.
Document current processes and models to understand inefficiencies or gaps.
Identify and assist in prioritising opportunities to streamline business processes.
Skills and Competencies
Curious mind-set to learn about reinsurance and ILS with an appetite to make processes better, whether that be quicker, clearer, simpler, or more robust.
Commercially and customer minded – able to analyse and interpret information to develop clear requirements that deliver customer and outcome focussed solutions.
Engage actively across the enterprise with a wide range of people, from highly technical software developers to Senior Executive stakeholders. This means the ability to change style and approach is essential.
Familiar with documentation, process modelling tools, e.g., Visio, Miro, Lucidchartetc.
Advanced Microsoft office skills (Word, PowerPoint, Excel).
Finance, Insurance and/or Reinsurance experience.
Nice to have:
Experience of working in a matrix team across multiple internal and external teams including third party suppliers.
BA experience of the full project delivery lifecycle from business case through to implementation and service transition.
Experience with agile development methodologies and agile planning tools such as Jira.
Relevant business analysis qualifications such as IIBA CCBA/CBAP or BCS.
Understanding of cloud technologies and reinsurance software products.
Hiscox Re & ILS – who are we?
Hiscox Re & ILS is the reinsurance operation of the Hiscox Group. We have a team that operates out of London writing business on behalf of Lloyd’s Syndicate 33 as well as a team in Bermuda. We are a dynamic and contemporary organisation which thrives on collaboration and innovation – key elements of Hiscox’s cultural DNA. We strive to live and breathe our values which are focused on challenging convention through courage, quality, integrity, excellence in execution, whilst still being ‘human’. Our success relies on each one of us doing so, whatever our job, wherever we work.
Diversity and flexible working at Hiscox
At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success.
We have also learned over the past 2 years that working life doesn’t always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work life balance.
This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance.
We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.
#LI-EBI #LI-HYBRID
person specification:
