Business Analyst - Insurance Product
Business Analyst: Lloyd's Market, Underwriting, Pricing, Business Analysis
Outside IR35 - £650 per day
6-month contract
Hybrid - 2-3 days per week in London
A leading specialist insurer is seeking a Contract Business Analyst with strong London/Lloyd's Market experience to support product change, systems enhancements & underwriting & pricing processes. This role sits at the centre of Policy, Claims & Rating value streams, ensuring insurance products & supporting systems are aligned, accurate & deliver the intended business outcomes.
You will work closely with Product Managers, technical teams & underwriting stakeholders to deliver high-quality requirements & guide product change through the full delivery lifecycle. This is an immediate requirement, so immediate or soon-to be availability is required.
Key Responsibilities:
* Elicit, refine & document product & system requirements through engagement with underwriting, claims & third-party stakeholders.
* Translate business needs into clear user stories & acceptance criteria, ensuring requirements are fit for purpose & aligned to governance frameworks.
* Support underwriting, pricing & product teams with system queries, incident investigation & prioritisation of change.
* Act as the primary point of contact for product-related change, facilitating sign-off, communication & alignment across delivery teams.
* Work with senior analysts & delivery teams to support large-scale product change, ensuring successful implementation across Policy, Claims & Rating systems.
Requirements:
* Proven experience as a Business Analyst within the London Market or specialty insurance sector is required.
* Strong understanding of insurance product structures, underwriting processes & rating logic.
* Technically capable, with experience supporting system changes, product configurations & incident investigations.
* Skilled in writing clear requirements, user stories & acceptance criteria, with experience working in agile or hybrid delivery environments.
* Excellent communication, stakeholder engagement & relationship-building skills across underwriting, product & technical teams.
