Full-Time

Business Analyst

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Financial Services

Junior, Mid

Leeds, UK

Hybrid work arrangement.

Category
Business Research
Project Management
Strategy Development
Business & Strategy
Required Skills
Agile
Visio
Requirements
  • Experience as a Business Analyst within the insurance industry
  • Highly effective at translating business requirements into user stories in a format that is easily consumable by Agile teams
  • Experience generating robust documentation to support the rollout of new systems and improvements
  • Familiarity and/or experience with various digital technology applications and software, ideally someone who is technically inclined
  • A good grasp of understanding of business processes Vs knowing how tech integrates to provide better solutions
  • Proficient in Excel, Visio, and various other Microsoft applications
  • Adaptability and capability to conform to the Markel Style and work methods
  • Proficient in business and technical stakeholder management, sensitive to the needs of each stakeholder yet comfortable to challenge where appropriate
  • Competent facilitator of workshops to achieve focused outcomes
  • Proven experience working independently
  • Excellent written and oral communication skills, with the ability to communicate to a wide range of audiences
  • Understanding of the Project Life Cycle and Agile/Waterfall development and testing principles
Responsibilities
  • Collaborate directly with partners to collect detailed requirements. This includes conducting interviews, workshops, and surveys to understand business needs and objectives
  • Create comprehensive documentation that outlines business requirements, functional specifications, and process mappings, serving as a reference for development teams and project managers. Create visual representations of processes to understand and optimise workflows
  • Partner with IT teams to design solutions that meet business requirements. This involves developing use cases, workflow diagrams, and functional requirements
  • Coordinate and manage the UAT process to ensure the solutions meet predefined requirements. Develop test plans, test cases, and facilitate testing sessions with end-users
  • Assist project managers with planning, coordination, and execution of IT projects. This includes project scheduling, resource allocation, and risk management
  • Serve as a liaison between business units and IT teams, ensuring clear and consistent communication to keep all collaborators informed about project progress and changes
  • Identify and resolve issues during project implementation. This involves risk management, solve technical problems and devising alternative solutions
  • Analyse existing business processes to identify areas for improvement. Recommend and implement changes to enhance performance and efficiency. Capability to identify and uncover improvement opportunities or gaps within workstreams from a BAU perspective

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their insurance offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance for weddings and concerts, inland marine coverage for fine art, environmental pollution, and insurance for recreational vehicles like yachts and motorcycles. Markel's products work by assessing unique risks and tailoring coverage to meet the specific needs of their clients. Unlike many competitors, Markel emphasizes a culture of integrity, teamwork, and a commitment to understanding customer needs, which allows them to deliver quality service and innovative solutions. The company's goal is to lead in their industry by continuously improving their offerings and fostering an environment where employees can thrive and contribute to the company's success.

Company Stage

IPO

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Recent investments from firms like Lighthouse Investment Partners and Swedbank AB indicate strong market confidence in Markel's growth potential.
  • Expansion into new office space in Plano, Texas, reflects Markel's ongoing growth and commitment to increasing its operational capacity.
  • Key hires and promotions, such as the appointment of a new Chief Strategy Officer, signal a robust leadership team focused on strategic growth.

What critics are saying

  • The specialized nature of Markel's insurance offerings may limit its market size compared to more diversified insurers.
  • Expansion efforts, such as those in Asia Pacific, require careful management to avoid overextension and ensure sustainable growth.

What makes Markel unique

  • Markel's focus on niche markets like agricultural risks, event cancellation, and inland marine coverage sets it apart from traditional insurers.
  • The company's commitment to innovation and flexibility allows it to adapt quickly to market changes, unlike more rigid competitors.
  • Markel's global presence and strategic hires in Asia Pacific enhance its ability to serve diverse markets with specialized insurance solutions.

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