Business analyst in insurance broking

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.

• Build a deep understanding of Broking solution functionality and develop specialist knowledge in designated product areas.
• Analyse complex processes, functions and procedures to determine the most effective product approach to meet organisational needs.
• Provide detailed rationale and user‑case knowledge during design and requirements sessions; lead internal and client workshops to elicit and validate requirements.
• Work with colleagues to convert business requirements into clear, testable functional requirements.
• Support and review work from junior analysts within the project team to ensure quality and completeness of requirements.
• Provide and deliver analysis estimates to Product Owner and track progress.
• Liaise with Product Owner on risks, escalations and problem resolution within the team.
• collaborate with users and stakeholders to gather, analyse and document business requirements.
• Produce user stories, use cases and requirements documentation, demonstrating a clear understanding of business and functional needs.
• Work closely with development and product teams to ensure requirements are implemented as intended.
• Respond promptly to questions and remove ambiguity throughout the development phase.
• Participate in project planning and management activities, contributing to scope, milestones and risk management.
• Deliver targeted training for clients and colleagues on complex areas of the platform/process.
• You will also mentor junior BAs, providing day‑to‑day guidance, constructive feedback, and sharing best practice across the BA community.

• 4+ years as a Business Analyst within the insurance industry.
• 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.
• Self-motivated, organised, and comfortable working independently while managing multiple concurrent workstreams.
• Будет плюсом: London Market Broking experience strongly desirable; Technical fluency advantageous particularly with JSON (or proficiency in another coding/query language) to support API/integration conversations; Experience providing peer reviews, feedback and mentoring to analysts is desired (line management experience beneficial but not essential)

• 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.