Senior Business Analyst - Broking Solution, Lloyd's of London
About the job
- At least 4 years of experience as a Business Analyst within the insurance industry, with London Market Broking experience strongly desirable.
- Strong analytical and problem-solving skills, including requirements elicitation, management, documentation, and use-case development.
- Experience delivering in Agile and/or Waterfall environments and a solid understanding of product life-cycle principles.
- Ability to communicate effectively with business and technical audiences.
- Ability to work in cross-functional, team-oriented environments and drive clarity in complex, multi-stakeholder settings.
- Technical fluency, particularly with JSON or another coding/query language, to support API and integration conversations.
- Ability to work independently, stay organised, and manage multiple concurrent workstreams.
- Build deep understanding of Broking solution functionality and develop specialist knowledge in designated product areas.
- Analyse complex processes, functions, and procedures to determine the most effective product approach for organisational needs.
- Provide rationale and user-case knowledge during design and requirements sessions, and lead internal and client workshops to elicit and validate requirements.
- Convert business requirements into clear, testable functional requirements with colleagues.
- Support and review junior analysts' work within the project team to ensure requirements are complete and high quality.
- Provide analysis estimates to the Product Owner and track progress.
- Liaise with the Product Owner on risks, escalations, and problem resolution within the team.
- Gather, analyse, and document business requirements with users and stakeholders.
- Produce user stories, use cases, and requirements documentation that demonstrate understanding of business and functional needs.
- Work with development and product teams to ensure requirements are implemented as intended.
- Respond to questions and remove ambiguity throughout the development phase.
- Participate in project planning and management activities, contributing to scope, milestones, and risk management.
- Deliver targeted training to clients and colleagues on complex platform and process areas.
- London Market Broking experience is strongly desirable but not essential.
- Experience providing peer reviews, feedback, and mentoring to analysts is desired.
- Line management experience is beneficial but not essential.
About the company
Verisk sells data, analytics, and software to insurers, reinsurers, and insurance intermediaries that assess risk and settle claims. Its tools support insurance pricing and policy development, catastrophe modeling, and claims investigation, combining industry records with scientific models and specialized applications. Xactimate calculates property repair estimates, while other platforms compare claims to identify suspected fraud and model losses from natural disasters. Customers pay through hosted subscriptions, transaction fees, and advisory services, with software and data integrated into their underwriting and claims workflows. Verisk traces its operating roots to 1971 and is headquartered in Jersey City, New Jersey.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Jersey City, New Jersey
Founded
1971
Get referred to Verisk
See people who can refer or advise you
Simplify's Take
What believers are saying
- Core demand is expanding: July 2026 results showed Verisk's subscriptions growing 8% excluding currency and portfolio changes.
- Recurring contracts support stability: subscriptions generated 84% of Verisk's insurance revenue in the first half of 2026.
- Career progression has a map: Verisk's Career Framework links employee skills to job functions and grades.
What critics are saying
- Data suppliers hold leverage: Verisk's contracts are short term, and some suppliers also compete with it.
- Technology teams face a handoff: Verisk's CIO role moved to interim leadership in August 2026.
- Merger execution faced court intervention: August 2026 ruling ordered Verisk to pursue AccuLynx approval and pay direct costs.
What makes Verisk unique
- Insurance rulebooks are a product: Verisk's ISO library contains more than 30,000 standardized policy forms and resources.
- Repair pricing is local: Verisk's estimating data covers more than 460 markets using completed jobs and cost research.
- Its data has a field operation: Verisk deploys about 500 US representatives to inspect properties and community protections.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Hybrid Work Options
Growth & Insights and Company News
6 month growth
0%1 year growth
17%2 year growth
17%Registrant’s telephone number, including area code: (201) 469-2000
Business services stocks have gained 19.6% over the past six months, 6.1 percentage points ahead of the S&P 500, according to StockStory. It names two stocks to watch and one to avoid, warning that the sector is sensitive to the wider economy. Motorola Solutions (NYSE:MSI), valued at $73.86 billion, grew revenue 9.2% annually over five years. Its free cash flow margin is 18.9%, and its shares trade at $447.72, or 24.5x forward earnings. IonQ (NYSE:IONQ), a quantum computing company worth $14.41 billion, grew revenue 181% annually over two years. Projected growth for the next 12 months is 166%, and shares trade at $36.28. The stock to avoid is Verisk (NASDAQ:VRSK), worth $23.1 billion. Its revenue grew just 1.7% annually over five years, and earnings per share rose 8% annually over two years.
Solera and Verisk have launched an integration connecting Verisk's IVI Total Loss solution with Solera's Audatex estimating platform to streamline motor insurance claims in the UK. The system allows customer information and vehicle images captured at First Notification of Loss to flow directly to repairers, eliminating duplication and enabling earlier action on claims. Nearly 3,000 UK repairers using Audatex now receive instant access to FNOL images, allowing them to prepare labour and materials before vehicles arrive. This early visibility supports faster triage, improved planning and earlier parts ordering, reducing delays in the repair process. The integration improves claims accuracy and operational efficiency by ensuring critical data flows seamlessly between insurers and their approved repairer networks, helping accelerate the overall repair journey for customers.
APA Corporation, an oil and gas exploration and production company operating in the US, Egypt, and the UK North Sea, has been highlighted for its strong fundamentals. The company posted a 40% operating margin and demonstrated 4.8% annual revenue growth over the past decade, exceeding sector averages. APA's revenue base stands at $8.37 billion, with a gross margin of 67.7%. Meanwhile, Verisk Analytics and Bunge Global were flagged as questionable investments despite profitability. Verisk showed 1.7% annual sales growth over five years, whilst Bunge Global faces flat demand forecasts and a 5.4% gross margin. APA trades on NASDAQ, Verisk at $175.53 per share, and Bunge Global at $115.00 per share.
Verisk Analytics CEO Lee Shavel sold 2,500 shares of common stock for $550,000 on 29 July 2026, according to an SEC filing. The shares were sold at a weighted average price of $220.00. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted by Shavel in December 2025. Such plans allow company insiders to sell predetermined numbers of shares at set times whilst avoiding concerns about trading on material non-public information. Following the sale, Shavel retains a direct position of 98,490 shares in the company. Verisk Analytics has a market capitalisation of $26.3 billion and reported trailing twelve-month revenue of $3.1 billion. The company provides data analytics and predictive insights for risk assessment across insurance, banking, and financial services sectors.