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    Insurance Senior Business Analyst - London, United Kingdom - Novidea

    Novidea
    Novidea London, United Kingdom

    2 weeks ago

    Default job background
    Description

    Our innovative, data-driven insurance distribution software platform allows users to manage the entire policy lifecycle across all lines of business, using data to inform every business decision, cross-sell, and up-sell.

    Novidea delivers a 360-degree business view and a powerful competitive advantage. The Senior Insurance Business Analyst (BA) is responsible for delivering rapid, value-driven customer solutions for complex insurance business problems.

    This role collaborates with end users and the project team to evaluate the system and turns business goals into technical requirements for our agile teams.

    Serve as Subject Matter Expert (SME)/specialist for Insurance Broker Accounting (IBA) and finance
    Serve as mentor to more junior BAs on projects
    Manage the planning of requirement workshops and other project meetings
    Document business requirements through specifications, user stories, business process diagrams (BPD), etc.
    Perform gap analysis via industry and platform expertise
    Validate results by testing programs
    Provide references for the agile team by creating the necessary technical documentations
    Extensive experience and understanding of the UK insurance market, specifically from a Broker/MGA point of view a must
    Experience at a software house or with vendors, working with development teams.
    Foundational understanding of the policy lifecycle: quoting, underwriting, and policy administration and renewals
    Experience with Policy Administration Systems, IBA Systems, Claims Management Systems, etc.

    Considerable understanding of insurance accounting and finance, including the concepts of double-entry bookkeeping, ledgers, postings, cash management, allocations, payment processes, credit control tasks, etc.

    Experience working on designing and architecting Insurance Services solutions while working closely with implementation teams, using agile development techniques
    Considerable experience with various activities across the software lifecycle, including design, documentation writing, development processes, requirements, and architecture
    Excellent written and oral communication skills with ability to communicate effectively with both clients and offshore development teams
    Proficiency in the English language is essential
    Ability to work from London office 3 days per week
    Experience working with Salesforce
    Knowledge of London Market insurance/reinsurance, including bureau processing
    Experience with tools such as Jira, Visio, and other business process mapping tools
    Experience working in an agile environment to include managing/refining project backlogs

    We believe that diversity is integral to our success, and we are proud of and committed to providing equal opportunity employment to all individuals regardless of race, color, religion, sex, sexual orientation, citizenship, national origin, disability, Veteran status, or any other characteristic protected by law.

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