Insurance Business Analyst

LUXOFT; Greater London; On-site; GBP 60,000 - GBP 80,000; Full time

Job summary

A leading consulting firm in Greater London seeks a skilled Business Analyst with expertise in the insurance sector. The role involves collaborating with product owners and stakeholders to translate business needs into clear requirements, supporting complex project deliveries. Ideal candidates will have strong experience in ambiguous environments and possess excellent communication and problem-solving skills. This is an opportunity to work on high-impact initiatives within a dynamic team.

Qualifications

• Strong experience as a Business Analyst in complex delivery environments.
• Experience or knowledge of Life Insurance and Protection domains.
• Proven ability to work through complex problems and ambiguous situations.

Responsibilities

• Work closely with product owners and business stakeholders.
• Translate business needs into actionable requirements.
• Elicit, analyze, document, and validate business and functional requirements.

Skills

Business Analyst experience

Knowledge of Life Insurance

Problem-solving skills

Requirements management

Communication skills

Agile methodologies

Stakeholder engagement

Job description

Overview

Luxoft DXC Technology Company is an established company focusing on consulting and implementation of complex projects in the financial and Insurance industry. Together with the customer, we deliver top performance! For one of our clients in the Insurance Segment, we are looking for a Business Analyst with Insurance background.

Responsibilities

• We are seeking a strong Business Analyst to join an NDA-protected project (Quartz) within our Product workstream. The role involves working closely with product owners, technology teams, and business stakeholders to analyse requirements, support solution design, and enable successful delivery within a complex, large-scale programme environment. The Business Analyst will play a critical role in translating business needs into clear, actionable requirements while navigating ambiguity and complex problem spaces.
• Elicit, analyse, document, and validate business and functional requirements for product initiatives.
• Work closely with Product Owners and delivery teams to ensure requirements align with product vision and roadmap.
• Support end-to-end product delivery across analysis, design, development, testing, and implementation phases.
• Translate complex business problems into structured requirements, user stories, and acceptance criteria.
• Manage and trace requirements throughout the lifecycle, ensuring alignment with delivered solutions.
• Collaborate with technology teams to support solution design and clarify functional impacts.
• Identify risks, dependencies, and impacts within a large-scale programme environment.
• Support change management activities and ensure stakeholder alignment.
• Contribute to continuous improvement of BA practices and standards within the product workstream.

Skills

Must have

• Strong experience as a Business Analyst within complex delivery environments.
• Experience or knowledge of Life Insurance and Protection domains.
• Proven ability to work through complex problems and ambiguous situations.
• Experience working within large-scale programmes involving multiple teams and stakeholders.
• Strong requirements management skills, including documentation and traceability.
• Excellent communication, facilitation, and stakeholder engagement skills.
• Ability to translate business needs into clear functional requirements.
• Experience working in Agile and/or hybrid delivery models.
• Strong analytical and problem-solving capabilities.

Nice to have

Previous experience in London Markets group or Aviva would be a plus, but not obligatory