Junior Business Analyst

Reposted Yesterday
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London, Greater London, England, GBR
Hybrid
Junior
Analytics
The Role
Support business analysis and software delivery for insurance technology products: gather and document requirements, assist configuration, create user stories and documentation, participate in UAT, investigate defects, and collaborate with stakeholders.
Summary Generated by Built In

At Verisk, we help the global insurance industry make smarter decisions through data, analytics, technology, and deep industry expertise. Trusted by many of the world's leading insurers and reinsurers, Verisk delivers solutions that help organizations navigate complex risks and operate more effectively.

Within Verisk, Verisk Specialty Business Solutions (VSBS) develops market-leading software that powers insurance and reinsurance businesses around the world. With over 25 years of industry expertise, we help clients streamline operations, improve governance, and adapt to changing market demands.

As a Junior Business Analyst, you'll have the opportunity to build a strong foundation in business analysis while working on real-world software delivery and client implementation projects. You'll collaborate with analysts, developers, testers, product teams, and clients to help deliver solutions that solve meaningful business challenges.

This role is ideal for someone who is technology-driven, naturally curious, detail-oriented, and eager to learn. You'll gain exposure to business analysis, software configuration, product enhancements, documentation, defect investigation, and customer-facing delivery activities while developing specialist knowledge in the insurance technology sector.

#LI-SD2  #LI-Hybrid

Responsibilities

• Learn and apply business analysis principles, methodologies, and best practices

• Build an understanding of how our software products support insurance and reinsurance business processes

• Assist with configuring applications to meet client requirements

• Support software delivery and client implementation projects

• Gather, analyze, document, and refine business and system requirements

• Help create specifications, user stories, and acceptance criteria

• Work closely with analysts, developers, testers, project managers, and product owners to ensure requirements are clearly understood

• Assist with documenting and describing new product features and enhancements

• Support the investigation and resolution of product defects and client-reported issues

• Produce functional, process, and user documentation

• Participate in User Acceptance Testing (UAT) activities

• Collaborate with internal and external stakeholders throughout the project lifecycle

• Contribute to continuous improvement initiatives across products, processes, and delivery practices

Qualifications

Required

• Strong verbal and written communication skills

• Excellent attention to detail and organizational skills

• Strong analytical and problem-solving abilities

• Self-motivated with a proactive approach to learning and development

• Passion for technology and software solutions

• Eagerness to learn new concepts, systems, and business processes

• Working knowledge of Microsoft Office applications

• Ability to collaborate effectively with both technical and non-technical stakeholders

• Some experience in a business analysis, technology, software, or customer-focused environment, or evidence of analytical skills gained through academic or professional experience

Nice to Have

• Academic background in Computer Science, Information Systems, Software Engineering, Data Analytics, or a related technical discipline

• Understanding of the London Insurance Market

• Exposure to insurance, reinsurance, enterprise software, or SaaS environments

• Familiarity with requirements gathering, process analysis, or software delivery methodologies

• Understanding of how business applications can be configured to support operational processes

• Experience creating documentation or supporting software implementation activities

• Interest in building a career within business analysis, product delivery, or enterprise software consulting

Why Join Verisk Specialty Business Solutions?

• Join a global leader in data analytics, technology, and insurance solutions

• Work on software used by leading insurance organizations worldwide

• Gain hands-on experience across business analysis, software delivery, and client implementations

• Learn from experienced professionals in a collaborative and supportive environment

• Develop valuable technical, business, and industry knowledge

• Build a long-term career within a stable, global organization committed to innovation and growth

About Us

Our People, Our Culture

For more than 50 years, Verisk has helped property and casualty insurers make smarter decisions about risk through AI-powered risk modeling, advanced analytics, and technology solutions spanning the entire policy lifecycle.  We are a leading strategic data, analytics, and technology partner to the global insurance industry, guided by core values of learning, caring, and results while maintaining the highest ethical standards as stewards of the industry's most comprehensive datasets. Learn more about Verisk and what we are doing within the insurance industry. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer, testaments to the value we place on workplace culture.

Our Culture: Explore our inclusive, people-first culture that fosters innovation, collaboration, and belonging.

Awards & Recognition: See why Verisk is consistently recognized as a Great Place to Work™ around the world.

Our Businesses: Learn about the diverse industries we serve — from insurance and energy to financial services and beyond.

Life at Verisk: Discover what it’s like to work at Verisk through employee stories, team highlights, and culture moments.

Careers at Verisk: Join a global team of problem-solvers and innovators doing meaningful work that’s shaping the future of industries. Whether you're just starting out or looking to take your career to the next level, Verisk offers growth, purpose, and a people-first culture

Let’s build something meaningful together!

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

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.

https://www.verisk.com/company/careers/

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine, or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

Verisk Employee Privacy Notice

Skills Required

  • Strong verbal and written communication skills
  • Excellent attention to detail and organizational skills
  • Strong analytical and problem-solving abilities
  • Self-motivated with a proactive approach to learning and development
  • Passion for technology and software solutions
  • Eagerness to learn new concepts, systems, and business processes
  • Working knowledge of Microsoft Office applications
  • Ability to collaborate effectively with both technical and non-technical stakeholders
  • Some experience in a business analysis, technology, software, or customer-focused environment, or evidence of analytical skills
  • Academic background in Computer Science, Information Systems, Software Engineering, Data Analytics, or related technical discipline
  • Understanding of the London Insurance Market
  • Exposure to insurance, reinsurance, enterprise software, or SaaS environments
  • Familiarity with requirements gathering, process analysis, or software delivery methodologies
  • Understanding of how business applications can be configured to support operational processes
  • Experience creating documentation or supporting software implementation activities
  • Interest in building a career within business analysis, product delivery, or enterprise software consulting

Verisk Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Verisk and has not been reviewed or approved by Verisk.

  • Retirement Support A strong company 401(k) match is specified, with additional references to profit‑sharing. Together these create a solid foundation for long‑term savings.
  • Healthcare Strength Medical, dental, vision, HSA/FSA, and life and disability coverage are described positively. Mental‑health support and broader well‑being programs are also highlighted.
  • Leave & Time Off Breadth Generous PTO and paid holidays are noted alongside flexible/remote work options and volunteer time. Companywide well‑being days further expand time‑off options.

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The Company
HQ: Jersey City, NJ
2,129 Employees
Year Founded: 1971

What We Do

Verisk is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Our team of nearly 9,000 helps customers make crucial decisions every day about risk—with greater precision, efficiency, and discipline.

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