Hiscox Logo

Hiscox

Senior Business Analyst - Schemes

Posted 10 Days Ago
Be an Early Applicant
3 Locations
Senior level
3 Locations
Senior level
The Senior Business Analyst will drive strategic projects and operational improvements, manage stakeholders, analyze processes, and support business change initiatives.
The summary above was generated by AI

Job Type:

Permanent

Build a brilliant future with Hiscox
 

Who are the team?

We are responsible for the creation of new schemes, delegated authorities, and product opportunities, as well as the ongoing improvement and development of existing schemes. We have a market-leading reputation for producing unique solutions for niche customer groups managed by our broker partners, and we are leveraging this expertise to enhance our product delivery across the UK retail business.

The Schemes & Partnerships team is characterised by its diversity and dynamism; we are a team of fifty professionals covering a broad range of roles and responsibilities, including schemes account managers, underwriters, analysts, due diligence experts, change analysts, and our regional administrator. We collaborate closely with a wide array of internal and external stakeholders, including underwriting management, regional underwriting teams, operational teams, product heads, partner brokers, and third-party providers.

The role

This role is pivotal in driving critical strategic projects and operational improvements for Schemes, encompassing operational, underwriting, and regulatory changes. It demands an analytical skill set, the confidence to make swift yet sound business decisions, a motivated mindset, and strong stakeholder management skills. The role is a blend of leadership, operations, analysis, and coordination of change projects

What you’ll be doing
 

  • Serve as a role model to drive our strategic initiatives and plans
  • Manage stakeholders effectively across schemes and the broader business
  • Deliver key projects to support our strategic vision
  • Lead Schemes in understanding business-wide change projects and collaborate with key stakeholders to find solutions that meet business requirements.
  • Analyse current processes and implement areas for improvement
  • Represent Schemes at change-related forums, ensuring our business requirements are presented and factored into the delivery schedule
  • Support Schemes Operations management in making priority calls due to conflicting workloads
  • Collaborate closely with key stakeholders to ensure schemes requirements are captured and delivered from initial concept to successful BAU operations
  • Define operational best practices by:
    • Acting as the key referral contact for technical expertise
    • Identifying where projects or processes may overlap and working with the Schemes Delivery Manager to agree on the best way forward
    • Coordinating across multiple projects simultaneously when necessary
    • Supporting the Cutting the Tail project by championing governance and tracking differences with the wider business.
    • Collaborating with the MI team to define our team's data requirements, focusing on both day-to-day MI needs and strategic growth plans
    • Analysing performance metrics at a portfolio level and providing actionable insights to Schemes management.

Must haves:

  • Organisational and prioritisation skills
  • Strong Excel skills
  • Confidence in decision-making
  • Excellent communication skills with the ability to negotiate, influence, and clearly articulate views
  • Ability to work under pressure to meet deadlines while maintaining attention to detail and adherence to minimum requirements
  • Excellent analytical skills, with the ability to apply logical thinking and draw unique insights from diverse data points and MI.
  • Experience working on projects as a BA, PM, or Architect.

Nice to haves:

  • Proficiency with various IT systems
  • Experience leading teams through change

Diversity and flexible working at Hiscox 

At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn’t always have to be ‘nine to five’ and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.


Work with amazing people and be part of a unique culture

Top Skills

Excel

Similar Jobs

25 Days Ago
7 Locations
Mid level
Mid level
Professional Services
The Human Factors Safety Assurance Consultant will work in multi-disciplinary teams, support business development, and enhance human performance within high hazard industries. Responsibilities include maintaining client relationships and providing Human Factors solutions while ensuring compliance with safety standards.
Top Skills: Engineering TerminologyError AnalysisHeartHuman Factors Safety AssuranceHuman Reliability AssessmentSafety CasesTask AnalysisTherpUk And International Standards
25 Days Ago
London, Greater London, England, GBR
Mid level
Mid level
Insurance
The Multinational Client Executive manages a portfolio of Multinational programs, ensures service delivery, and collaborates with various stakeholders while providing technical expertise in multinational insurance solutions.
Senior level
Fintech • HR Tech • Insurance • Consulting
Responsible for managing QA team, overseeing testing efforts, developing QA processes, and coordinating communication between teams to ensure quality goals are met.
Top Skills: MetricsQuality AssuranceSoftware Development Life Cycle

What you need to know about the Edinburgh Tech Scene

From traditional pubs and centuries-old universities to sleek shopping malls and glass-paneled office buildings, Edinburgh's architecture reflects its unique blend of history and modernity. But the fusion of past and future isn't just visible in its buildings; it's also shaping the city's economy. Named the United Kingdom's leading technology ecosystem outside of London, Edinburgh plays host to major global companies like Apple and Adobe, as well as a growing number of innovative startups in fields like cybersecurity, finance and healthcare.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account