Business Analyst

Business Analyst (Insurance/ Reinsurance) - 3 month contract (Inside IR35) The role We are seeking an experienced Business Analyst with a proven track record in the insurance and reinsurance industry to join our team. The ideal candidate will have a strong understanding of insurance and/or reinsurance data, analytics and business processes, and hands-on experience working at insurance carriers, reinsurers, or brokerage firms. In this role, you will act as a bridge between business stakeholders and technical teams, ensuring that business needs are accurately captured, translated into functional requirements, and effectively implemented into technical solutions. Key Responsibilities • Collaborate with business stakeholders to gather, analyse, and document business requirements. • Support workshops, interviews, and requirement sessions to understand current processes and identify gaps or opportunities for improvement. • Translate business requirements into clear, structured functional specifications, user stories, and acceptance criteria for technical teams. • Create wireframes, mock-ups, and process flow diagrams to visualize requirements and proposed solutions. • Work closely with IT teams (developers, solution architects, QA) to ensure accurate delivery of solutions that meet business needs. • Support the creation of business cases, impact assessments, and solution proposals. • Assist in UAT (User Acceptance Testing) planning and execution by preparing test scenarios and validating system outputs against requirements. • Contribute to continuous improvement by recommending process enhancements and automation opportunities. About You • In-depth experience as a Business Analyst in the insurance or reinsurance industry. • Experience working with insurers, reinsurers, or brokers is essential. • Strong understanding of insurance lifecycle processes (policy, exposure data, claims, underwriting, bordereaux, treaties, etc.). • Proven experience in requirement gathering, documentation, and stakeholder management. • Hands-on experience creating mock-ups, wireframes, and functional specifications. • Familiarity with Agile/Scrum methodologies and tools (e.g., Jira, Confluence) is a plus. • Excellent communication skills, with the ability to translate business needs into technical requirements and vice versa. • Strong analytical and problem-solving skills with high attention to detail. About Willis Re We combine specialist broking with analytics, modeling and research to help insurers optimize risk transfer, strengthen balance sheets and achieve sustainable growth. Our approach is relationship-driven, transparent and outcome-focused. At the heart of Willis Re is a focus on delivering the most cutting-edge analytical solutions to enable more informed, better decision-making for risk selection, portfolio optimization, and capital management. The launch of Willis Re brings a strategic advantage of being unhindered by legacy, an ability to leverage data, statistical models and advanced technologies with the best knowledge and expertise to deliver more efficient and effective reinsurance outcomes. This places Willis Re in a unique position to build a truly analytically driven business, focused on creating solutions for the reinsurance industry that are future led and forward thinking. Willis Re will also leverage recognized technical expertise from WTW’s Insurance Consulting & Technology business including their advanced modeling and analytical capabilities. Alongside this will be WTW’s Research Network, an award-winning business supporting and influencing science to improve the understanding and quantification of risk.