Delegated Authority Business Analyst

A leading international insurer and reinsurer is seeking a Delegated Authority Business Analyst to join their London City team. **Outside of IR35 initial 6 month contract working on a multi-year programme **

What you'll do:

As a Delegated Authority Business Analyst, you will immerse yourself in the full lifecycle of delegated authority projects within a renowned international insurer. Your day-to-day responsibilities will involve close collaboration with senior leaders to capture business requirements, document frameworks, and drive continuous improvement across delegated authority processes. You will play an integral part in ensuring regulatory compliance by embedding essential checks into workflows while also supporting the development of strategic operating models. By leveraging your experience within Lloyd's market operations and delegated authority teams, you will help shape robust frameworks that support sustainable growth for the organisation.

• Collaborate with the Interim Head of Delegated Authority and Programme Lead to gather detailed requirements for delegated authority initiatives, ensuring all business needs are accurately captured and documented.
• Document comprehensive delegated authority frameworks by mapping current processes, identifying gaps, and recommending improvements that align with regulatory standards.
• Conduct thorough process mapping exercises and gap analyses to identify areas for optimisation within existing delegated authority operations.
• Define and integrate robust regulatory and compliance checks into project deliverables, including sanctions screening, conduct risk assessments, and underwriting authority limits.
• Contribute to the design and documentation of the delegated authority operating model, supporting strategic decision-making with clear insights and recommendations.
• Develop workflow tooling documentation that supports the strategic vision for delegated authority management across the organisation.
• Participate actively in team meetings, offering constructive feedback based on previous experience in delegated authority roles to challenge assumptions and enhance project outcomes.
• Engage with a wide range of stakeholders-including business leaders, technology teams, and third-party vendors-to ensure seamless delivery of project requirements throughout the development lifecycle.
• Support testing activities by utilising business analysis tools such as JIRA and Visio to validate solutions against documented requirements.
• Maintain up-to-date records of all project activities, ensuring transparency and traceability throughout each phase of the delegated authority project.

What you bring:

To excel as a Delegated Authority Business Analyst you will bring substantial experience from within Lloyd's market operations-ideally having worked directly within a delegated authority team. Your background should include hands-on involvement in documenting frameworks, conducting process mapping exercises, performing gap analyses, and integrating regulatory compliance measures into operational workflows. You will have honed your stakeholder engagement abilities through regular interaction with both internal colleagues at various levels of seniority as well as third-party vendors involved in solution delivery. Familiarity with key business analysis tools such as JIRA and Visio is essential for maintaining accurate records throughout each stage of the project lifecycle. Your communication style should be clear yet considerate-enabling you to validate assumptions constructively while fostering positive relationships across multidisciplinary teams. Above all else, your attention to detail combined with adaptability will enable you to navigate complex environments where priorities may shift rapidly due to changing regulations or business needs.

• Demonstrable experience in requirements gathering for complex insurance or reinsurance projects within the Lloyd's market environment over at least five years.
• Proven track record in process mapping and gap analysis specifically related to delegated authority operations or similar regulated functions.
• Comprehensive understanding of regulatory compliance requirements relevant to Lloyd's market operations, including sanctions screening and conduct risk management.
• Strong stakeholder engagement skills with experience collaborating across business units, technology teams, and external vendors to deliver project objectives.
• Advanced proficiency in documentation tools such as JIRA and Visio for capturing requirements, tracking progress, and supporting testing activities throughout the project lifecycle.
• Experience providing testing support by validating solutions against documented requirements using established business analysis methodologies.
• Excellent communication skills with the ability to present complex information clearly to diverse audiences including senior management and technical teams.
• Ability to work collaboratively within a senior team environment while also demonstrating initiative when managing individual tasks or resolving challenges independently.
• Detail-oriented approach with proven ability to manage ambiguity and adapt priorities in response to evolving project needs or regulatory changes.

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