Product Analyst - Outward Reinsurance - Insurance sector exp! - new job in City of London, UK

Product Analyst - Outward Reinsurance - Insurance sector exp!
  • £65,000 - £75,000 per Annum
  • Permanent
  • City of London, London, England, UK City of London London GBR EC3A 4AF
Job Ref: BBBH22421
Sector: Business change & transformation
Date Added: 12 July 2022

· Product Analyst (Outward Reinsurance) - Insurance Sector Exp!

· London - Hybrid (on-site 2/3 days per week)


· Competitive Salary and Excellent Bonus

My client, a large Insurance company, is looking for Business Analyst in the Digital Transformation Team who will report into the Chief Digital Transformation Officer and works closely with the Global Risk Solution (GRS) technology teams to deliver innovative solutions and capabilities that leverage our technical expertise and business understanding and partnerships to enable market-leading performance world-wide. We have a large portfolio of change to deliver in 2022, and one of our key initiatives is the Outward Reinsurance Operating Model programme. This initiative seeks to develop our Outward Reinsurance capabilities, ensuring our technology, processes and organisation are able to support our existing and growth in business in this area. Working with a team to identify tactical and strategic solutions to enable us to provide a leading OWRI capability which meets the needs of the business. Experience within the Insurance industry is highly desirable.

Key Responsibilities

 Work closely with the product owner in understanding the business needs and goals and articulating in order to progress delivery

 Conduct analysis work to identify to be future state operating models through process and technology and understand current state processes

 Facilitate workshops to elaborate Epics and capture and document user story mapping and user stories

 Identify solutions and work with solution architects to design and deliver solutions to implement


 Actively manage backlog stories with product owner ensuring prioritisation

 Work with stakeholders to identify and document non functional requirements as user stories

 Ensure refinement of stories is taking place at appropriate time to feed backlog

 Contribute to project as required to develop proposals, requirements, or another project documentation

 Elicit further requirements and test / challenge assumptions using a variety of methods including interviews, document analysis, workshops, and business process descriptions

 Identify the relationships, dependencies and impacts of change on multiple systems and processes

 Stakeholder management - support the product owner to interact with all levels of management, obtain buy in and sign off and manage expectations

 Work effectively as part of a project team alongside the Product Owner, Scrum master and delivery team and actively participate in sprint ceremonies

 Assist in testing of outcomes ensuring they meet business needs

 Identify and estimate deliverable efforts and commitments

 Contribute to team quarterly planning and sets expectations for delivery of new capabilities, features, and functionalities

 Participate in team demos, retrospectives, and all other ceremonies

 Support the use of product level KPIs to drive product decisions. Assist in the collecting KPI data and / or reinforcing their use in product decisions.

 Supports creating and maintaining the backlog (including prioritisation and acceptance criteria)

Skills and Experience

 Experience of working within an operating model programme that has delivered a change in process and technology

 Experience of Insurance industry is preferred

 Business/Product analysis experience and knowledge of business analysis methodologies

 Financial Services experience essential

 Experience of working with agile methodologies would be advantageous but not essential

 Ability to work independently as well as harmoniously in teams

 Comfortable working with 'C' level stakeholders

 Flexible and pragmatic

 Wide range of analytical and problem-solving skills

 Excellent presentation skills

 BPMN or similar business process modelling skills

 Good analytical and problem-solving skills

If you're interested and available please apply today!


Carbon60, Lorien, SRG - the Impellam Group STEM Portfolio is acting as an Employment Business in relation to this vacancy.

11/08/2022 10:18:38
GBP 65000 75000 Annum
Contact Consultant:
Amy Hughes

Submitting application, please wait..