Senior Business Analyst (Insurance)- London

FDM is a global business and technology consultancy seeking a Senior Business Analyst to work for our client within the global consultancy sector. This is initially a 6-12 month contract with the potential to extend and will be a hybrid role based in London. 

Our client is seeking a Senior Business Analyst to play a key role in delivering Enterprise Data Management (EDM) and Analytics solutions for insurance clients. The ideal candidate will have strong insurance domain expertise (including policies, claims, premiums, reinsurance, and the London Market), combined with experience in data management, analytics and governance. This is a business-facing role requiring the ability to work both independently and collaboratively within cross-functional teams to ensure successful project delivery.

Responsibilities: 

Requirements & Analysis

• Lead the collection, documentation, and validation of business, functional, and data requirements.
• Conduct gap analysis to identify variances between current and target business processes, data structures, or system capabilities.
• Translate business needs into detailed user stories, process flows, and technical specifications.
• Perform source data analysis and data profiling to assess quality, consistency, and completeness.

Data Management & Governance

• Develop and maintain data dictionaries, business glossaries, and metadata documentation.
• Define and document business rules for data acquisition, transformation, integration, and quality assurance.
• Support the design of data lineage, master data, and reference data management processes.
• Identify and recommend improvements in data governance, data quality, and operational efficiency.

Reporting & Insights

• Capture and document reporting, analytics, and data visualisation requirements in collaboration with business stakeholders.
• Analyse data trends and patterns to support business decision-making and process optimisation.
• Collaborate with data engineering and BI teams to validate outputs and ensure business needs are met.

Stakeholder Management & Delivery

• Act as the primary liaison between business stakeholders, technical teams, and data specialists.
• Communicate project status, issues, and risks clearly and effectively across all levels.
• Support roadmap development, including prioritisation, dependency mapping, and resourcing.
• Participate in user acceptance testing (UAT) and change management activities to ensure successful implementation.

• Minimum 5 years’ experience as a Business Analyst within the Insurance industry (Policy, Claims, Regulatory, or Reinsurance data).
• Strong understanding of insurance operations, including London Market processes and data flows.
• Proven experience in Enterprise Data Management, Data Warehousing, Data Governance, or Data Quality initiatives.
• Hands-on experience with data profiling, requirements gathering, and business process documentation.
• Excellent communication, analytical, and stakeholder management skills.

Desirable:

• Bachelor’s degree in a relevant discipline (e.g., Business, Information Systems, or Data Analytics).
• Experience working with Data Lake / Data Warehouse / Data Governance tools (e.g., Azure Data Services, Databricks, Snowflake, Power BI, Alation, Collibra).
• Exposure to Agile / Scrum methodologies.
• Experience with SQL or data query tools for data validation and analysis.
• Familiarity with regulatory reporting and compliance requirements in insurance.

We are a business and technology consultancy and one of the UK's leading employers, recruiting the brightest talent to become the innovators of tomorrow. We have centres across Europe, North America and Asia-Pacific, and a global workforce of over 3,500 Consultants. FDM has shown exponential growth throughout the years, firmly establishing itself as an award-winning employer and is listed on the FTSE4Good Index. 

Diversity and Inclusion  

FDM Group is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, national origin, age, disability, veteran status or any other status protected by federal, provincial or local laws.

Why join us

• Career coaching, mentoring and access to upskilling throughout your entire FDM career
• Assignments with global companies and opportunities to work abroad
• Opportunity to re-skill and up-skill into new areas, develop non-linear career paths and build a skillset within your field
• Annual leave and work-place pension