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Senior Business Analyst

We are looking for a dynamic and driven Senior Business Analyst with a flexible approach who will be responsible for gathering , documenting and elaborating requirements for both client facing and internal development projects and providing client support for the INSTANDA platform.

This is a client-facing role where you are expected to develop a comprehensive understanding of the INSTANDA platform. You will be a conduit between clients and developers. Full immersion in the INSTANDA platform is essential, as success in this role is directly related to gaining substantial knowledge of it.

You will readily demonstrate experience of capturing technical business requirements.

The ideal candidate should have an analytical mindset and excellent communication skills, to ensure the smooth delivery of our solution to our clients. The position is perfect for someone who wants to experience working for a scaling tech company and be instrumental in helping our business thrive.

This is a UK based role, primarily remote working with travel required to our London Office for monthly team meetings. This role will require occasional travel to client sites in other parts of the UK and overseas.

What you will do:

  • You will be working on complex projects with high profile Insurance clients.
  • Conduct interviews and workshops with our clients and stakeholders to clarify requirements.
  • Effectively capture, understand, define and document functional and non-functional business requirements that gather the clients' key criteria and technical requirements, and align these to our commercial and technical considerations.
  • Partner with our service delivery and engineering teams to support design and sign off potential new functionalities
  • Support the UAT process of the INSTANDA configuration and of new functionalities.
  • Take a hands-on approach to troubleshooting.

Essential

  • 3+ years’ experience as a Business Analyst.
  • Core insurance knowledge is essential for this role to successfully build relationships with our clients.
  • Experience of gathering technical business requirements.
  • Experience of the end-to-end software delivery cycle.
  • Extensive experience of working with development teams and external clients.
  • Strong stakeholder management skills
  • Experience of Agile methodologies.
  • Experience of process and systems analysis and experience in translating requirements into User Stories for inclusion in sprints.
  • Confident in presenting to clients, partner organisations and within INSTANDA
  • Experience of SaaS or platform technology solutions will be a distinct advantage
  • Competitive salary  
  • Generous 28 days holiday allowance, in addition to public holidays.
  • For every year of service you complete, we’ll give you an additional days holiday (max. 5 days)
  • One Dynamic Day per month on top of your holiday allowance to spend time doing the things you want to do or simply catching up with life admin.
  • Remote & Hybrid approach varying with the nature of your role.
  • Life cover; income protection and participation in the company pension scheme
  • All employees are included in the company discretionary bonus scheme.
  • £100 per month to put towards wellness activities.
  • Annual learning & development allowance of £1,250 and free access to LinkedIn learning and Microsoft ESI learning platforms

About Us:

Our company was built by looking at the world through a different lens and our culture today reflects that by encouraging you to be yourself, speak your mind, and share your opinions. We want people who want to push themselves, be part of something great, and be prepared to challenge if they think there is a better way. Collaboration sits at the heart of how we operate, it has fueled our growth enormously and our aim to be ‘world class’.                                                                                                 

We want everyone to be the best they can be throughout our recruitment process; if you require any additional adjustments please let us know. Visit instanda.com/careers for more information

INSTANDA has an in-house recruitment team, which focuses on sourcing great candidates directly.  INSTANDA does not accept unsolicited resumes from agency or search firm recruiters.  Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly.

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Average salary estimate

$65000 / YEARLY (est.)
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$50000K
$80000K

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What You Should Know About Senior Business Analyst, Instanda

At INSTANDA, we are excited to welcome a Senior Business Analyst to our vibrant team! If you're a passionate professional keen on shaping the future of the insurance industry through technology, this might be the perfect opportunity for you. You'll embark on a journey of gathering, documenting, and analyzing requirements for both client-facing and internal development projects. As a Senior Business Analyst, your role will be critical; acting as the vital link between our clients and the development team. You will develop an expertise in the INSTANDA platform, ensuring you understand its full capabilities to effectively assist our high-profile insurance clients. You'll build engaging relationships by conducting interviews and workshops that clarify their needs, while also capturing and translating these requirements into actionable tasks for our tech teams. Our environment is agile and collaborative, where your input can directly influence developments and enhancements. Plus, you won't just be working behind a desk—occasional travel to client sites and our London office will keep your work dynamic and fresh. If you are experienced in the insurance sector and have a knack for problem-solving, we invite you to join us in this exciting role. With a competitive salary, a generous holiday allowance, and excellent professional development opportunities, your journey with us promises to be fulfilling and impactful. Embrace the challenge and help us thrive at INSTANDA!

Frequently Asked Questions (FAQs) for Senior Business Analyst Role at Instanda
What are the primary responsibilities of a Senior Business Analyst at INSTANDA?

As a Senior Business Analyst at INSTANDA, your key responsibilities include gathering and documenting business requirements for various projects, facilitating client interviews and workshops, and ensuring effective communication between clients and development teams. You will also support the UAT process and contribute to troubleshooting issues that arise during project execution. Your role will be crucial in understanding the core needs of our high-profile insurance clients and translating these into actionable insights for our tech team.

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What experience is required to be a Senior Business Analyst at INSTANDA?

To qualify for the Senior Business Analyst position at INSTANDA, you should have a minimum of 3 years of experience in a similar role, particularly within the insurance industry. Your background should include gathering technical business requirements, a solid understanding of the end-to-end software delivery cycle, and experience with Agile methodologies. Strong stakeholder management skills and experience working with development teams are also essential for success.

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How does the Senior Business Analyst role at INSTANDA support client interaction?

The Senior Business Analyst plays a pivotal role in client interaction at INSTANDA by serving as the main point of contact during projects. You'll conduct interviews and workshops with clients to define their needs clearly and translate those needs into functional requirements. Building relationships based on understanding and reliable communication is key, ensuring that our clients feel heard and valued throughout the project lifecycle.

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What educational background is ideal for a Senior Business Analyst at INSTANDA?

While there is no strict educational requirement, a degree in business administration, information technology, or a related field is often preferred for a Senior Business Analyst role at INSTANDA. However, what matters most is your experience and familiarity with the insurance sector, as well as your ability to communicate effectively and analyze complex business requirements.

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What opportunities for professional development does INSTANDA offer Senior Business Analysts?

At INSTANDA, we believe in continuous learning and professional development for our employees. As a Senior Business Analyst, you will have access to an annual learning and development allowance of £1,250, along with free access to LinkedIn Learning and Microsoft ESI learning platforms. We encourage our team members to pursue growth opportunities that enhance their skills and keep them at the forefront of industry best practices.

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Common Interview Questions for Senior Business Analyst
Can you explain your experience with gathering business requirements as a Senior Business Analyst?

In your answer, detail your approach in past roles to gather business requirements, including techniques such as conducting stakeholder interviews, workshops, or surveys. Highlight specific instances where your efforts led to successful project outcomes, and emphasize your ability to translate complex needs into clear, actionable tasks.

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How do you ensure effective communication between clients and technical teams?

To ensure effective communication, you can describe your strategies for bridging the gap between business and technical language. Emphasize your skills in active listening, asking clarifying questions, and your experience in documenting requirements clearly. Provide examples of how you've facilitated discussions or workshops to keep everyone aligned throughout a project.

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What project management methodologies are you familiar with as a Senior Business Analyst?

Discuss your familiarity with Agile methodologies, as well as other project management frameworks such as Waterfall. Describe how you've applied these methodologies in your previous roles, particularly in capturing requirements and working with development teams to enhance project delivery.

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Can you give an example of a challenging requirement you had to capture and how you handled it?

Share a specific example of a complex or challenging requirement. Discuss the steps you took to clarify the requirement with the client, how you documented it, and the eventual outcome. Highlight your analytical thinking and problem-solving skills throughout this process.

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What tools or software do you use for requirements documentation?

In your response, list any tools or software you are proficient in, such as JIRA, Confluence, or Microsoft Visio. Discuss how you utilize these tools to create clear documentation and maintain version control, ensuring that all stakeholders have access to the latest information during a project.

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How do you handle changes in client requirements during a project?

Describe your strategy for managing changes in requirements, including how you communicate with clients and your development team. Stress the importance of document updates and change management processes, and share examples of how you’ve successfully adapted to changes without derailing project timelines.

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What role do you think a business analyst plays in the successful implementation of a software solution?

Discuss the essential role a business analyst plays as a link between the client’s vision and the technical implementation team. Emphasize your contribution to ensuring that the final product meets client expectations based on documented requirements, and how you support the UAT process to validate the solution.

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How do you prioritize and manage multiple projects at once?

Talk about your organizational skills and any techniques you use for prioritization, such as the Eisenhower Matrix or Kanban boards. Provide examples of how you’ve balanced competing deadlines and managed stakeholder expectations when juggling multiple projects.

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What do you think are the most important skills for a Senior Business Analyst?

Highlight key skills such as analytical thinking, communication, stakeholder management, and flexibility. Discuss how these skills have enabled you to succeed in previous roles, and provide concrete examples that illustrate your proficiency in each area.

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Why do you want to work as a Senior Business Analyst at INSTANDA?

In your answer, express your enthusiasm for the role and the company’s mission. Discuss how your skills and experiences align with INSTANDA's objectives and culture, and convey your desire to contribute to the growth and success of the company while advancing your career.

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Full-time, hybrid
DATE POSTED
January 12, 2025

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