Hannover Re
Business Analyst (9-month FTC), 3261

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The Role
The Business Analyst will support the UK Branch and Group delivery of a Single Risk transformation programme, working cross-functionally across underwriting, operations, finance, claims, actuarial and technology teams to define as-is/to-be business processes, business requirements and input into future operating models.
The successful candidate will act as the lead BA to elicit and translate business needs into actionable requirements supporting process redesign, data migration, systems integration and change adoption activities that deliver measurable business value.
Duties & Responsibilities
Provide business analysis expertise to support the delivery of the UK Branch Single Risk project by:
- Act as the key business analysis interface between the project and the business teams to define functional and non-functional requirements for Actuarial, Reinsurance Operations, Underwriting, Claims and Finance.
- Facilitate future-state process design workshops and support business capability assessments and gap analysis to support the implementation of Single Risk capabilities.
- Support systems integration design and data migration activities by collaborating with data and technical teams.
- Analyse end-to-end Single Risk processes.
- Document claim, product, risk and policy lifecycle requirements.
- Support definition of project success criteria, success measures.
- Develop a strong understanding of the UK Branch’s key treaties and wider UK reinsurance products and structures.
- Support business teams in the replacement of legacy systems with new tools and technologies to deliver greater process efficiency and stronger integration with Group standards.
- Build effective and sustainable relationships across the Branch and with Group to strengthen cross-departmental and project/programme working and collaboration.
Technical Skills
- Experience of leading on Business Analysis activities throughout the project lifecycle, from eliciting user requirements to accurately capture user needs to the implementation of successful solutions and services.
- A solid understanding of Single Risk business processes from client data ingestion through to administration, management and reporting.
- Experience of mapping out ‘as-is’ and ‘to-be’ landscape and undertaking gap analysis for legacy system replacement.
- Experience of working with both agile and waterfall delivery methods is desirable.
- Knowledge of relevant database technologies, programming languages, data visualisation, and reporting systems.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
About You
Qualifications Required:
- Bachelor’s degree (or equivalent) in information technology, computer science or business studies, or related field.
- BCS Business Analysis diploma desirable.
Experience
- Solid insurance, and more specifically, reinsurance knowledge and experience.
- High proficiency in technical writing.
Person Specification
Delivery and Accountability
- Accountable for individual, team, and UK Branch deliveries to support overall objectives. Creates an environment where challenge is expected and encouraged and holds individuals accountable. Efficient and responsive ensuring deadlines are met. Ability to work independently, proactively and with versatility in responding to changing circumstances.
Problem solving
- Strong analytical skills, root cause analysis, solution development, and implementation skills. Ability to break down complex issues and identify trends, patterns and interdependencies. Pragmatic approach to assessing risks and developing solutions. Uncovers information to identify causal links.
Innovation and Continuous Improvement
- Ability to design efficient solutions and processes in novel situations, implementing strong control and governance protocols to support business requirements. Identifies new ways of working and encourages ideas from others.
Team Player
- Strong team player who is key in building a positive team environment. Ability to build effective, cross-functional collaborative relationships. Engages partners, encourages others to build relationships, and brings together diversity of thought, skills and ideas to deliver objectives. Ability to work effectively and collaboratively in project environments with diverse groups, across the global network.


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Communicating and Influencing
- Great communication and presentation skills with the ability to convey complex ideas and messages to a wide range of audiences, and an ability to translate data into actionable insights. Consultative and collaborative working style creating a culture of challenge, accountability, openness, trust and knowledge sharing.
- Strong influencer with the ability to identify and influence key stakeholders and resolve conflict. Negotiates confidently whilst maintaining relationships, building support and buy-in for ideas. Adapts communication style depending on audience. Active listener with the ability to elicit information from relevant stakeholders.
Developing Capability and Knowledge Sharing
- Actively develops talent and builds capability, acting as a role model across the business. Willingness to share knowledge and to learn from peers to strengthen the performance of the team.
Life At Hannover Re UK
Atmosphere
- Work in a global team that values innovation, agile decision-making and mutual respect. We challenge convention, encourage open feedback and foster a community where everyone’s voice matters.
Benefits
- From structured onboarding to a comprehensive range of benefits, we invest in your well-being every step of the way. Our offerings include health and wellness initiatives, personal and professional development opportunities and a support system designed to help you thrive in all aspects of your growth and daily life.
Prospects
- Bring your expertise and curiosity – here, you'll have the space to drive change and own your ideas. We’ll keep you engaged with fresh challenges, mentorship, skill-building opportunities and the freedom to shape your path.
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