Senior Business Analyst Consultant - Insurance - London

Senior Business Analyst Consultant - Insurance

Please note - this role will require you to work on client site 3 days per week in Central London with occasional office visits to Reading. To be eligible for this role you must have the unrestricted right to work in the UK - sponsorship is not available.

Location: London (3 days per week onsite)
Salary: Up to £110,000 + Bonus + Benefits
Employment Type: Permanent

About the Opportunity

We're partnering with a leading London-based consultancy to recruit an experienced Senior Business Analyst for a major transformation programme with a prominent London Market insurance broker.

This is an excellent opportunity for a Business Analyst who combines strong stakeholder engagement and requirements gathering expertise with deep London Market insurance knowledge, particularly across underwriting operations and insurance data flows.

You'll play a key role in delivering business and technology change initiatives, working closely with underwriting teams, operations, product owners, data specialists, and senior business stakeholders.

Key Responsibilities

• Lead discovery, requirements gathering and business analysis activities across strategic change initiatives.
• Work closely with underwriting, broking and operational teams to understand current-state processes and define future-state solutions.
• Facilitate workshops with business and technical stakeholders.
• Document business requirements, process maps, user stories and acceptance criteria.
• Analyse and document end-to-end business processes and data flows.
• Support solution design by ensuring business requirements are clearly understood and translated into deliverable outcomes.
• Identify opportunities for process improvement, efficiency gains and enhanced data quality.
• Act as a trusted advisor to stakeholders throughout the project lifecycle.

Required Experience

We are seeking a proven Business Analyst with significant London Market insurance experience, ideally gained through work with brokers, insurers, Lloyd's syndicates or London Market consulting engagements.

Strong London Market knowledge across areas such as:

• Underwriting processes and workflows
• Risk submission and quote management
• Policy administration
• Delegated Authority / Coverholder business
• Lloyd's market processes
• Placement lifecycle
• Renewal processes
• Premium processing
• Endorsements
• Bordereaux management
• Claims interaction with underwriting functions
• London Market modernisation initiatives
• Regulatory and market reporting requirements

Data-Focused Experience

Candidates must have a strong understanding of how data supports insurance operations, including:

• Business data analysis
• Data lineage and traceability
• End-to-end data flows
• Data mapping and transformation requirements
• Data quality and governance considerations
• Identifying upstream and downstream data impacts
• Working with data teams and architects

Please note: this is not a hands-on technical data role. We are looking for a Business Analyst who can understand and document data concepts, flows and business impacts rather than perform technical development or engineering activities.

Skills & Qualifications

• Extensive Business Analysis experience within insurance transformation programmes.
• Strong London Market insurance domain expertise.
• Experience supporting underwriting-focused change initiatives.
• Excellent workshop facilitation and stakeholder management skills.
• Strong requirements elicitation, documentation and process mapping capability.
• Ability to engage effectively with both business and technical teams.
• Experience working within consultancy, insurer, broker or Lloyd's environments is highly desirable.
• Business Analysis qualifications (BCS, IIBA or equivalent) advantageous.

What's on Offer?

• Base salary up to £110,000
• Performance-related bonus
• 25 days annual leave plus Bank Holidays
• Hybrid working with 3 days per week onsite in London
• Opportunity to work on high-profile London Market transformation programmes
• Exposure to senior stakeholders across a leading London Market broker
• Career development within a growing and highly respected consultancy

If you're an experienced London Market Business Analyst with strong underwriting expertise and a passion for delivering business change, we'd love to hear from you.

To apply for this role please submit your CV or contact David Airey on or at .

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