Full-Time

Business Analyst

Posted on 10/4/2025

Hiscox

Hiscox

1,001-5,000 employees

Specialized insurer for high-net-worth risks.

No salary listed

Ipswich, UK + 1 more

More locations: York, UK

Hybrid

Hybrid working model set by the team, allowing for a mix of in-office and remote work.

Category
Business & Strategy (3)
, ,
Required Skills
Agile
Product Management
Requirements
  • Be highly results driven, with the energy and determination to succeed in a fast paced environment where the speed of response is critical to success
  • Experience in an analytical or adjacent type context, or at least a desire to move towards a more business analytical type role
  • Experience in a project or product type set up and ways of working, or a strong interest to pursue a career in this context
  • Good communication skills with ability to facilitate conversations & decision making with stakeholders of all levels
  • Experience operating in a challenging organisational environment with a requirement to balance differing priorities and demands
  • Strong sense of curiosity to challenge the status quo and conventional thinking
  • Awareness of BA best practice, supported by involvement with external bodies/practices
  • Experience using Business Analysis tools, techniques and methodologies in a mix of delivery methodologies – including Agile
  • A passion for change and the value change brings to the business
  • Able to build strong working relationships across the business & technology
  • Leadership like qualities that will influence scope & design, helping to ensure the project outcomes move the business forward towards its strategic ambitions
  • Comfortable working with third party software houses and/or technology providers
Responsibilities
  • Building a strong understanding of end to end user journeys & processes, their supporting technologies
  • Accurately and efficiently elicit, challenge, and document scope, processes & requirements. All while bringing the end user/s along the change journey
  • Producing high quality business and technical analysis deliverables, including but not limited to, user stories, functional and non-functional specifications, ‘as is’ and ‘to be’ process models
  • Ensuring the traceability of requirements and user stories throughout the entire change lifecycle
  • Applying BA best practice and insights that challenge the business to think about the “right” solution
  • Building relationships and trust with senior stakeholders, understanding goals, objectives, benefits and desired outcomes, and bringing them on the journey of engagement
  • Maintaining a close working relationship with Project Management, PMO, Product Management and IT colleagues, working with them to continue to evolve our ways of working & collaboration
  • Along with your BA colleagues, helping to identify & implement continual improvements to ensure that we are constantly evolving how we do Business Analysis
  • Taking a keen interest in self development and upskilling to continue to drive efficiencies and value within your project or value stream and BA practice
Desired Qualifications
  • Financial Services/insurance industry experience
  • Experience working as part of a globally distributed team
  • BCS Diploma in Business Analysis or equivalent qualification
  • Experience working in an agile based delivery set up

Hiscox is a specialized insurer that focuses on high-net-worth individuals and complex, niche risks (including fine art, kidnapping, and other unconventional coverages). It underwrites and issues insurance policies through its global operations, built on Lloyd's heritage and expanded after re-domiciling to Bermuda to operate in 13 countries. Its products work by assessing and underwriting tailored insurance contracts for specific, often hard-to-place risks, with coverage and claims handling aligned to the insured’s needs. The company differentiates itself from competitors by concentrating on specialized, hard-to-place risks rather than mass-market insurance, maintaining independence, and leveraging deep underwriting expertise and a global footprint. Its goal is to grow as a focused, independent specialist insurer that serves ambitious clients worldwide and expands its geographic reach and capabilities.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1901

Simplify Jobs

Simplify's Take

What believers are saying

  • Attracted $1B ILS capital in Q1 2026, growing AUM to $2.4B in catastrophe bonds.
  • Retail premiums rose 10.2% to £1.7B in Q1 2026, driven by 8% US and UK growth.
  • Acquires US insurtech Vouch and launches Cargo API on June 30, 2025 for digital underwriting.

What critics are saying

  • Softening cat reinsurance rates cut net premiums 5.6% in Q1 2026, eroding Hiscox Re margins.
  • Pen-Zurich-Hiscox partnership floods UK non-standard home capacity, slashing quirky property premiums.
  • Vouch acquisition triggers regulatory delays and integration failures within 3-6 months.

What makes Hiscox unique

  • Hiscox specializes in insuring complex risks like fine art and kidnapping since 1970s.
  • Roots in Lloyd's of London since 1901 enable underwriting non-standard marine and specialty lines.
  • Focuses on high-net-worth quirky UK homes via April 2026 Pen-Zurich partnership.

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Benefits

Flexible Work Hours

Hybrid Work Options

Company News

Yahoo Finance
Feb 25th, 2026
Hiscox posts record profit of $733M as retail segment drives growth with 7.5% customer increase

Hiscox reported record profitability for 2025, with group insurance contract written premiums rising 5.9% to $275 million year-on-year. The insurer's undiscounted combined ratio improved to 87.8%, its best in a decade, driving a record insurance service result of $614 million. Profit before tax reached a record $733 million, up 6.9%, whilst operating return on tangible equity stood at 20.9%. Investment results hit $443 million, supported by strong yields and higher assets under management. Retail premiums grew 6.3% in constant currency to over $2.6 billion, driven by 7.5% customer growth rather than pricing. The London Market returned to growth with premiums up 1.6%, maintaining its undiscounted combined ratio in the 80s for the sixth consecutive year. Management emphasised underwriting discipline and product innovation across the diversified portfolio.

Hiscox
Aug 14th, 2025
Hiscox appoints new Group Head of Technical Claims

London, UK (14 August 2025): Leading global specialist insurer, Hiscox, today announces the appointment of Matthew Budd to the newly created role of Group Head of Technical Claims.

Insurance Journal
Aug 6th, 2025
Hiscox Agrees to Acquire US Specialist Insurtech

As part of the transaction, Hiscox is acquiring Corix Insurance Services LLC and Vouch Insurance Company from Vouch Inc. subject to customary conditions and regulatory approvals.

Hiscox
Jun 30th, 2025
Hiscox launches Cargo API for small cargo and stock throughput risks

London, UK (30 June 2025): Leading global specialist insurer, Hiscox, has launched a new Cargo API (application programming interface) based solution, available through broker partners for underwriting small cargo and stock throughput risks.

Reinsurance News
Jun 16th, 2025
Hiscox appoints Harriet Hanna as COO of Lloyd's managing agent HSL

Based in London and reporting to Hiscox London Market CEO Kate Markham, Hanna succeeds Adam Rushin, who is retiring after more than 25 years of distinguished service with Hiscox.

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