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Arch Capital Group

Underwrites insurance, reinsurance, and mortgage insurance

Business Systems Analyst 2

Full-Time
No salary listed
Mid
Bachelor's
Colchester, UK+1 moreMore locations: Birmingham, UK
In Person
Business & StrategyBusiness Analysis

About the job

Requirements
  • Experience within the General Insurance or Regional Insurance sector.
  • Knowledge of SSP Pure.
  • Strong understanding of business analysis methodologies, techniques and best practices.
  • Experience gathering, analysing and documenting business and system requirements.
  • Good understanding of Agile delivery methodologies and the Software Development Lifecycle.
  • Strong analytical, problem-solving and organisational skills.
  • Excellent verbal and written communication skills with the ability to engage technical and non-technical audiences.
  • Strong stakeholder management and relationship-building skills.
  • Experience producing user stories, process maps, workflow diagrams, functional specifications and acceptance criteria.
  • Strong customer focus with experience supporting business users and operational teams.
  • Ability to manage multiple priorities in a fast-paced and changing environment.
  • Bachelor's degree in Business, Information Technology, Computer Science or a related discipline, or equivalent practical experience.
  • Typically 3-5 years' experience in Business Analysis, Systems Analysis or a similar role within an application development environment.
  • Experience working within Agile delivery teams and software development projects.
Responsibilities
  • Collaborate with Product Owners, business stakeholders and end users to elicit, analyse and document business requirements.
  • Translate business requirements into clear functional and non-functional specifications, including user interface, reporting, integration and data requirements.
  • Produce user stories, process flows, acceptance criteria and other business analysis artefacts to support software delivery.
  • Work closely with software engineers to ensure delivered solutions align with agreed business requirements and business outcomes.
  • Support testing activities by ensuring requirements are fully validated through test scenarios, test cases and quality assurance activities.
  • Identify and manage requirements-related risks, issues and dependencies throughout the delivery lifecycle.
  • Facilitate communication between business and technical teams to ensure a shared understanding of requirements and solution objectives.
  • Document, analyse and communicate current-state and future-state business processes.
  • Support business users with the investigation and resolution of complex application and system issues.
  • Collaborate effectively with third-party vendors and software suppliers where required.
  • Maintain knowledge of business analysis best practices, industry standards and emerging technologies.
  • Contribute to the continuous improvement of business analysis processes, templates and documentation standards.
Desired Qualifications
  • Experience working with data-driven applications, reporting solutions and system integrations.
  • Working knowledge and capabilities in SQL Server, data analysis and database concepts.
  • Understanding of usability, accessibility and user experience best practices.
  • Experience working with third-party software providers and external suppliers.
  • Professional Business Analysis certifications, including IIBA, BCS or Agile-related qualifications, are advantageous but not essential.

About the company

Arch Capital Group Ltd. operates globally in three segments: Insurance, Reinsurance, and Mortgage. The Insurance segment covers specialty lines, the Reinsurance segment handles property and casualty risk, and the Mortgage segment provides mortgage insurance and reinsurance products. The company underwrites policies, sets premiums to match risk, and earns investment income from premiums and investments. By focusing on disciplined underwriting, risk management, and capital allocation, Arch Capital aims to maintain financial strength and sustainable profitability while growing through prudent risk transfer.

Company Size

N/A

Company Stage

IPO

Headquarters

Hamilton, Bermuda

Founded

1995

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Simplify's Take

What believers are saying

  • Q2 2026 operating income reached $893 million, despite $201 million catastrophe losses.
  • Book value per share rose to $68.04 by June 30, 2026.
  • Arch’s June 2026 leadership consolidation under Maamoun Rajeh sharpens accountability across segments.

What critics are saying

  • Q2 2026 net premiums written fell 6.9%, showing slowing growth into softening markets.
  • Insurance segment underwriting income dropped to $27 million in Q2 2026, pressuring profitability.
  • Higher-priced 2036 and 2056 notes replaced cheaper 2026 debt, lifting future interest costs.

What makes Arch Capital Group unique

  • Arch’s 25-year underwriting record produced 18.0% Q2 2026 annualized ROE.
  • Arch’s three-segment model diversifies specialty insurance, reinsurance, and mortgage earnings.
  • Arch repurchased $1.95 billion in 2026 first-half shares, signaling capital discipline.

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Benefits

  • Hybrid Work Options

Company News

Associated Press
Jul 9th, 2026
Arch Insurance launches US transactional liability team to expand risk insurance capabilities

Arch Insurance North America has launched a new US-based transactional liability team to expand its transactional risk insurance capabilities. The business will initially focus on Representations & Warranties and Tax coverage products. The new team is led by William Carson, who joined Arch from Everest where he served as Head of Transactional Risk, North America. Carson reports to Chris Christon, Senior Vice President, Executive Assurance. Arch Insurance has been active in the transactional risk market for over 15 years through various partners and channels across North America, Bermuda and the United Kingdom. The direct US platform complements Arch's existing distribution model and multi-channel approach. Anne Hardner, Executive Vice President, Executive Assurance for Arch Insurance, said the expansion reflects Arch's broader commitment to the transactional risk marketplace and will allow the company to strengthen its market presence and better serve brokers and clients.

Intellectia AI
Jun 2nd, 2026
Arch Capital Prices $2 Billion Senior Notes Offering

- **Bond Offering Size**: Arch Capital Group announced the pricing of $2 billion in senior notes, with 5.250% notes maturing in 2036 and 5.950% notes ...

Business Wire
May 15th, 2026
AI-Powered Wholesale Insurance Broker Novella Announces $21 Million Capital Raise to Expand Across the United States and Develop AI Agents to Create ‘Super Producers’

Novella, the artificial intelligence (AI)-powered wholesale insurance broker, has announced it raised $21 million to recruit a team of brokers, continue deve...

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