Job Description:

JOB TITLE:        Senior Professional Business Analyst - Insurance

LOCATION:       Remote UK-based Flexible Working with travel as required

TYPE:                     Permanent, Full-time (37.5 hours per week)

Velonetic represents the joint ventures between DXC Technology, the International Underwriting Association (IUA), and Lloyd’s of London. Previously referred to as the London Market Joint Ventures, we have been operating for over 20 years in the London market (Lloyd's and Company), in both the insurance and reinsurance business. Processing over £101 billion worth of premium and claims transactions today, we are building a new digital platform and services that will enable our customers to move transactions and money through the processing lifecycle with greater efficiency and speed, releasing time to drive innovation and focus on higher value activities.

Job Overview :

We have a fantastic new job opportunity for a talented professional to join our team and play a pivotal role in aligning information technology solutions with complex business initiatives.

As a Business Analyst specialising in the London Market Insurance industry, you will serve as the bridge between technical and non-technical personnel. Your responsibilities will include conducting in-depth analyses of market dynamics, internal business goals, and client needs. You'll be the go-to expert in understanding and aligning information technology solutions with business objectives for multiple, complex accounts.

Essential Job Functions:

• Plans, designs, and recommends business processes to improve and support business activities.
• Analyzes and documents clients' business requirements and processes and communicates these requirements by constructing conceptual data and process models, including data dictionaries and volume estimates from the organization.
• Creates test scenarios and develops test plans to be used in testing the business applications in order to verify that client requirements are incorporated into the system design. Assists in analyzing testing results throughout the project.
• Provides input into developing and modifying systems to meet client needs and develops business specifications to support these modifications.
• Facilitates meetings with clients to gather and document requirements and explore potential solutions.
• Assists in coordinating business analyst tasks on information technology projects and provide support to other team members.
• Assists in analyzing testing results in all phases.
• Participates in technical reviews and inspections to verify 'intent of change' is carried out throughout the entire project.
• Assists in providing time estimates for project-related tasks.
• Assists with developing the methods and procedures required to identify whether current business goals and objectives meet organizational needs.

Basic Qualifications:

• Bachelor's degree or equivalent combination of education and experience
• Bachelor's degree in business administration, information systems, or related field preferred
• Moderate experience  of business analysis
• Experience working with the interface of information technology with functional groups within an organization
• Experience working with business processes and re-engineering
• Experience working with computer programming concepts and basic language

Other Qualifications:

• Interpersonal skills to interact with customers and team members
• Knowledge of London Market systems and claims and/or premium submission processes
• Knowledge relating to London Market and Global messaging standards such as EDI or ACORD messaging
• Experience working on digital transformation projects  
• Good knowledge of state transitions and workflows during message exchanges between carriers & brokers.
• Good communication skills
• Good analytical and problem-solving skills
• Presentation skills to present to management and customers
• Personal computer and business solutions software skills
• Good ability to work in a team environment with multiple team members
• Willingness to travel

Work Environment:

• Remote with occasional travel possibly required to London, Chatham offices.
• Travel to clients is required.

What we can do for you:

• Competitive compensation
• Pension scheme
• DXC Select – (benefits package)
• Perks at Work
• DXC incentives

Concerned you don’t meet every single requirement? At Velonetic, we are proud of the culture we are creating to ensure we have a diverse mix of employees working within an inclusive environment and culture, to create a high performing workforce led by inspiring talented leaders. So, if you’re excited about this role and have much of the experience required, but your past experience doesn’t align with every element of the job description, we encourage you to apply anyway. You may be just the right candidate for this or another role we have available.

Investment In Training and Development 

We offer a comprehensive range of training and career development opportunities, a structured induction programme, tailored job training as well as mentoring and support for relevant sponsored professional qualifications. We’re developing an environment where people can grow and harness their careers and skills to be the best that they can be to focus on the long term.  

Our Culture 

Here at Velonetic, we support with care and compassion. We are constantly evolving our initiatives around equality, diversity, and inclusion to ensure that everyone feels equally involved and supported in the workplace no matter of who they are or what they do. We are proud of the culture we are creating to ensure that our commitment is ongoing and have a diverse mix of employees working within an inclusive environment and culture to create a high performing workforce led by talented leaders. We aspire to be recognised for our innovative and modern thinking approach.  

Find out more: Our Culture

Employee Benefits 

As part of our competitive remuneration package, flexible benefits are available.  There is an option to “flex up and down” on specific benefits, for example buy or sell annual leave, Private Medical Benefit, Dental and Travel Insurance.    

You will also have access to ‘Perks at Work’, a discount store to purchase gift cards at reduced rates and get discounts on holidays, restaurants, activities, groceries and more.  

Recruitment fraud is a scheme in which fictitious job opportunities are offered to job seekers typically through online services, such as false websites, or through unsolicited emails claiming to be from the company. These emails may request recipients to provide personal information or to make payments as part of their illegitimate recruiting process. DXC does not make offers of employment via social media networks and DXC never asks for any money or payments from applicants at any point in the recruitment process, nor ask a job seeker to purchase IT or other equipment on our behalf. More information on employment scams is available here.