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Senior Business Analyst

Location London, United Kingdom Job type Full-Time Work mode Hybrid Job level Professional Job ID 10678 Company Munich Re Specialty - Global Markets Employment type Regular Area of expertise Information Technology
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  • Lead the analysis of business requirement and demands across the business value chain, providing key analytical skills that will enable business problems to be understood and the subsequent requirements for IT systems documented, tested and delivered.
  • Develop a partnership with assigned business units to gain a thorough understanding of short- and long-term goals of the business strategy to deliver quality and strategic solutions to the business clients that support business strategy
  • Undertake the analysis requirements and demands across the value chain, providing key analytical skills that will enable business problems to be understood and the subsequent requirements for IT systems documented, tested and delivered
  • Document detailed requirements and specifications and ensure these are agreed at all levels throughout the business. This is likely to include the following:
    • User stories including acceptance criteria
    • UML (use case modelling, actor models, class, state and sequence diagrams
    • Gap analysis
    • User interface mock-ups / specification
    • Non-functional requirements
  • Support the IT system implementation by taking on the lead role in Agile, Iterative and Waterfall system implementation projects
  • Supporting the Project Manager in delivering the project plan on time and on budget. Follow project methodologies – One Essentials – as applicable
  • Analyse business demand for IT system support, automation, and digitalisation of business processes
  • Derive system requirements from business demands and translate into specifications – both on architectural and detail level
  • Identification of appropriate solutions under the guidance of enterprise and solution architecture and subject matter experts. Follow Munich Re architecture patterns
  • Actively drive towards a consistent, highly automated, resilient and future proof application and data landscape across Great Lakes to enable cost efficient digital business
  • Coordination of feasibility studies, production of business cases, assessment of options and presentation of recommendations
  • Supporting users' participation in deployments and implementation activities
  • Provide traceability of requirements and subsequent change requests, tracking delivery of those requirements by the project team
  • Assist with business testing preparation and execution on project deliverables, ensuring the solution meets business expectations based upon approved project scope
  • Ensure that supporting IT Systems, processes, and organisational changes can be deployed and supported effectively
  • Assisting with the production of training material for new systems / processes
  • Collaboration with business owners to ensure effective benefit realisation

Your profile

  • 7+ years of experience in delivering IT projects in Insurance or Financial Services driving and maintaining the pace of continuous Agile development.
  • Understanding of MGA and Insurance operating models, including their unique challenges and requirements would be advantageous
  • Recognized as proactive with strong analytical and problem-solving skills, with the ability to analyze complex business and technical problems and develop creative solutions
  • Excellent communication and interpersonal skills, with the ability to build strong relationships with stakeholders at all levels
  • The ability to influence, including negotiating solutions, deadlines and commitments
  • Strong leadership skills managing, coaching, and mentoring business analysts. The ability to motivate and guide business analysts on complex programs of work
  • Demonstrated ability to work globally across businesses and international cultures to deliver results
  • Successful coordination of complex project deliverables based on an understanding of the customer needs
  • Demonstrated personal organizational skills and ability to coordinate the efforts of others involved in the delivery of projects
  • A clear focus on internal customer satisfaction with an eye towards constant improvement and promoting efficiency changes
  • High degree of drive to stay informed and current on industry trends in Insurance and IT
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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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