Insurance Business Solution Specialist
4 weeks ago
Hanson Lee is seeking a highly skilled Insurance Business Solution Specialist to join our team.
Job Description
The Insurance Business Solution Specialist will be responsible for defining business analysis requirements and configuration specifications for new and existing features. They will write up functional requirements accurately and concisely, ensuring clarity and unambiguity. Additionally, they will analyse, research, and present solutions to complex commercial insurance software functions.
Responsibilities
- Define business analysis requirements and configuration specifications for new and existing features.
- Write up functional requirements accurately and concisely, ensuring clarity and unambiguity.
- Analyse, research, and present solutions to complex commercial insurance software functions.
- Proactive attitude in assessing needs, forming an opinion based on research and prototyping, and presenting intelligent, imaginative solutions to complex problems.
- Own and develop relationships with internal and external partners, working with them to optimise and enhance features, functions, and integration to third-party services.
- Assist in the preparation of implementation study documents and subsequent written output required on the project or programme.
- Report on common sources of business and technical issues or questions and make recommendations to the product team.
- Liaise effectively with offshore teams, ensuring a clarity of functional understanding in the transition to design and build.
- Communicate key insights, market developments, and findings to the product team.
- Constantly be on the lookout for ways to improve monitoring, discover issues, and deliver better value to customers.
Requirements
- Strong interpersonal skills and ability to work effectively with immediate team members, colleagues across the business, and new and existing customers.
- Minimum 3 years' experience in Business/System Analysis or working at an insurance company within the underwriting discipline and following markets/domains:
- General, P&C, Marine, Non-life insurance products in the Lloyd's of London, London Companies Market, UK commercial/wholesale Market, US excess and surplus market.
- Mid-market and large commercial non-life insurance carriers.
- Strong experience in areas such as underwriting risk analysis, risk triage, pricing, issuance, operational team management, the full end-to-end insurance lifecycle.
- Proven experience in eliciting requirements and profiling different user personas' needs.
- Experience in analysing data to draw business-relevant conclusions, presented as business process diagrams, entity life histories, and user journeys.
- Ability to work proactively in researching, learning, and defining creative options and solutions to simple and highly complex business needs.
- Good experience in writing requirement specifications based on Agile methodologies that employ the Epic, Feature, User Story approach.
- Proven experience and knowledge in modelling insurance processes and practices into software features and functions.
- Strong written and verbal communication skills, including business and technical writing skills.
- Degree-level education, where a dissertation or similar research discipline was assessed.
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