Mid-level Business Analyst (Whitespace Software - Specialty Insurance)

Reposted Yesterday
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London, Greater London, England, GBR
Hybrid
Mid level
Analytics
The Role
The Business Analyst will analyze business processes, develop functional requirements, mentor junior team members, and ensure effective system implementation and testing in the insurance industry.
Summary Generated by Built In

We are seeking a highly skilled and motivated Business Analyst to join our team. The ideal candidate will have between 4+ years of experience as a Business Analyst within the insurance industry, preferably with exposure to the London Market, though this is not mandatory.  

They will write and communicate specifications based on business requirements, clarifying and giving further examples where necessary. Testing is also a significant part of the role, ensuring the system does what was intended and iterating and improving as and when required.

They will also act as a mentor to the junior members of the BA team, offering support and sharing expertise.

Responsibilities
  • Develop an understanding of the Platform functionality.
  • Conducting the analysis of business processes, functions and procedures to determine the most effective business systems technology that meet the needs of the organisation.
  • Providing detailed knowledge during design and requirements gathering meetings with the ability to lead workshops, with a low level of support from more experienced analysts.
  • Work with colleagues to translate business requirements into functional requirements.
  • Providing support and review to the junior analysts within their project team to deliver on requirements.
  • Providing and delivering on estimates given to Lead Analyst / Project Managers.
  • Liaising with their Lead Analyst/PM within their project team / pod around escalations and problem resolution.
  • Collaborate with stakeholders to gather and analyze business requirements.
  • Develop user stories and requirements documentation.
  • Work closely with development and product teams to ensure accurate implementation of requirements.
  • Respond to questions and eliminate vagaries during the development phase.
  • Reviewing with the assistance of more experienced analysts the coverage of tests executed by the QA, taking part in the testing of the Platform and system integrations.
  • Assisting during the execution of user acceptance testing and supporting client through to BAU.
Qualifications
  • 4+ years of experience as a Business Analyst in the insurance industry.
  • Insurance experience is a must with London Market strongly desirable.
  • Strong technical skills, particularly in JSON or proficiency in other coding languages is desirable.
  • Excellent analytical and problem-solving abilities.
  • Very strong communication and interpersonal skills.
  • Ability to work effectively in a team-oriented environment.
  • Experience effectively gathering, managing and documenting requirements, and development of use cases.
  • Understanding of the Project Life Cycle and Agile development and testing principles.
  • Self-motivated and happy to work independently, with the ability to organise time/work effectively.
  • Experience in providing reviews, feedback and mentoring analysts is desired but not essential.
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

  • 4+ years of experience as a Business Analyst in the insurance industry
  • Strong technical skills, particularly in JSON or proficiency in other coding languages
  • Excellent analytical and problem-solving abilities
  • Very strong communication and interpersonal skills
  • Ability to work effectively in a team-oriented environment
  • Experience gathering, managing, and documenting requirements
  • Understanding of the Project Life Cycle and Agile development principles

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
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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