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Business Analyst - Insurance

Job in City Of London, Central London, Greater London, England, UK
Listing for: Arachas Corporate Brokers Ltd
Full Time position
Listed on 2026-09-12
Job specializations:
  • IT/Tech
    Business Systems & Technology Analysis, IT Business Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 90000 GBP Yearly GBP 60000.00 90000.00 YEAR
Job Description & How to Apply Below

Help Shape the Future of Insurance Technology

Orvia Underwriting is Ardonagh’s pan-European MGA, currently operating across the UK, Netherlands and Germany, with ambitious plans for further growth. As part of our continued expansion, we are embarking on the implementation of a new Policy Administration System (PAS) that will support the next phase of our underwriting and operational capabilities.

We're looking for an experienced Business Analyst to play a pivotal role in the successful delivery of this programme. Working as part of a dedicated project team and reporting directly to our CTO, you will help deliver the initial UK implementation, covering eight insurance products across a phased 9-12 month programme.

This is an opportunity to work at the heart of a transformational technology project, partnering with underwriting, pricing, operations, finance, data, IT and external technology vendors to shape how insurance products are built, traded and managed.

What You'll Be Doing Requirements & Product Design
  • Collaborate with underwriting, pricing and data teams to define detailed, build-ready requirements for insurance products.

  • Design and document risk capture question sets, data structures, validation rules and product workflows.

  • Ensure all rating models and required data inputs are accurately captured and aligned with pricing requirements.

  • Define underwriting rules including eligibility criteria, referral triggers, authority limits and declinature logic.

  • Gather and document policy document generation requirements, including schedules, invoices, policy wordings and lifecycle communications.

  • Work with finance teams to define premium bordereaux and accounting output requirements.

Delivery & Build Support
  • Act as the key liaison between Orvia stakeholders and the PAS vendor's delivery team.

  • Clarify requirements, resolve ambiguities and ensure solutions are delivered in line with agreed scope and business needs.

  • Maintain full requirements traceability throughout the project lifecycle.

  • Support project planning, sequencing, dependency management and release readiness activities.

Testing & Product Launch
  • Lead User Acceptance Testing (UAT) efforts across multiple product releases.

  • Create test plans, coordinate testing activities and ensure comprehensive test coverage.

  • Support business users throughout the testing process to drive high-quality outcomes.

  • Record, manage and track defects through to resolution and retesting.

  • Assist with product go-live activities and transition into business-as-usual operations.

Documentation & Governance
  • Own and maintain project documentation, including requirements, specifications, analysis, decision logs and change history.

  • Ensure Jira (or equivalent tooling) is used effectively as the single source of truth throughout delivery.

What We're Looking For Essential Experience
  • Proven experience as a Business Analyst delivering insurance product build or configuration projects within a Policy Administration System environment.

  • Strong experience producing structured requirements documentation covering:

    • Rating structures

    • Risk capture question sets

    • Underwriting rules

    • Policy and document templates

  • Ability to work confidently with underwriters, actuaries and pricing teams, challenging assumptions and driving clarity where required.

  • Experience working alongside third-party software vendors where requirements ownership sits with the business and delivery ownership sits with the vendor.

  • Hands-on UAT experience, including test planning, defect management and test execution support.

  • Strong Jira (or similar) administration and documentation skills.

Desirable Experience
  • Experience with insurance PAS platforms such as Insly, Acturis, Novidea, Instanda, Genasys, OpenGI, Duck Creek or Guidewire
    .

  • MGA, delegated…

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