Senior Business Analyst

Alchemy Technology Services Limited; Derry/Londonderry; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading technology implementation firm in the UK is seeking a Senior Technical Business Analyst specialized in the insurance sector. The successful candidate will analyze business requirements, design innovative solutions, and engage with stakeholders to drive digital transformation. Strong experience in project-based business analysis and proficiency in tools like JIRA and Confluence are essential. This position offers opportunities for professional growth, mentoring, and collaboration in a fast-paced environment.

Benefits

Electric Car Scheme (Salary Sacrifice)

Profit share bonus scheme (Discretionary)

Qualifications

• Experience conducting Business Analysis in the Insurance industry within a project-based environment.
• Knowledge of insurance processes and requirements.
• Experience in leading small to medium-sized teams and mentoring team members.

Responsibilities

• Elicit, document, and analyze business requirements from stakeholders.
• Collaborate with technical teams to design suitable solutions.
• Identify inefficiencies in business processes and recommend improvements.

Skills

Business Analysis in Insurance

Stakeholder Management

Agile Methodologies

Process Analysis

Mentoring and Leadership

Tools

Microsoft Office Suite

JIRA

Confluence

Job description

Senior Technical Business Analyst - Insurance

At Alchemy, we specialise in technology implementation services; partnering with major insurance companies to drive their digital transformation journeys and address their most complex challenges.

Our teams deliver industry-shaping transformation programmes across the international P&C landscape and Specialty Market, combining deep insurance knowledge, technical expertise, and delivery excellence.

Now part of NTT DATA, Alchemy is entering an exciting new phase of accelerated growth, expanding our client base, service portfolio, and capabilities globally.

Role Overview

As a Business Analyst with expertise in insurance, you will play a key role in helping insurers future‑proof their business by implementing innovative software solutions that deliver seamless experiences for both insurance agents and their customers.

Collaborating closely with our trusted partners and our clients' internal teams, you will tackle complex business challenges while fostering strong relationships as a trusted advisor. Your responsibilities will include analysing and defining business requirements, designing and optimising processes, and providing valuable insights to help drive strategic decisions, all within agile methodologies.

Your Responsibilities

• Work closely with stakeholders to elicit, document and analyse business requirements to understand the needs of clients.
• Collaborate with technical teams to design solutions that align with business goals and document functional specifications.
• Analyse and design business processes using tools to identify inefficiencies and recommend improvements.
• Break down complex business problems, identify trends and recommend data‑driven decisions.
• Develop creative and practical solutions to business challenges managing both short and long‑term objectives.
• Lead small to medium‑sized teams, delivering high‑quality results and fostering a collaborative team environment.
• Actively participate in agile ceremonies e.g. sprint planning, stand‑ups, retrospectives to ensure business requirements are addressed and tracked.
• Identify potential risks and issues related to business requirements or project execution and work with stakeholders to develop mitigation strategies.
• Enhance team performance by mentoring team members, creating opportunities for growth, and effectively managing under‑performance.
• Ensure successful project outcomes by identifying risks early and providing actionable recommendations to address them.

Your Experience & Skillset

• Experience of conducting Business Analysis within the Insurance industry in a project‑based environment.
• Sound knowledge and understanding of insurance processes.
• Skilled in eliciting, documenting and validating business requirements through stakeholder workshops, surveys and other techniques.
• Proficient with business analysis tools such as Microsoft Office Suite, JIRA, Confluence and other specific tools, systems or technologies relevant to the role.
• Strong stakeholder management up to C‑Suite level, as well as working with third‑party clients / management.
• Proven ability to mentor, lead, and inspire others, fostering their professional growth and success.
• Excellent interpersonal skills, capable of communicating technical concepts effectively to both technical and non‑technical audiences.
• Guidewire experience highly beneficial.

Why Join Alchemy

At Alchemy, you’ll become part of a high‑performing, customer‑focused team where collaboration thrives, excellence is celebrated, and diversity is deeply valued. We provide a structured career progression model, offering diverse and rewarding opportunities throughout your career.

We are dedicated to your professional development, configurations exceptional training programmes and industry‑recognised certifications, as well as exposure to innovative technologies and global career opportunities. You’ll benefit from technology‑driven methodologies designed to help you deliver exceptional results for our clients. With our rapid growth, there are continuous opportunities for advancement and promotion within our organisation.

Benefits

• Electric Car Scheme (Salary Sacrifice)
• Profit share bonus scheme (Discretionary)