Underwriting Business Analyst

  • Location

    City of London, London

  • Sector:

    IT

  • Job type:

    Permanent

  • Salary:

    £35000.00 - £45000.00 per annum + Benefits

  • Contact:

    Jack Devlin

  • Contact email:

    Jack.Devlin@experis.co.uk

  • Job ref:

    BBBH120663_1584529417

  • Published:

    6 months ago

  • Expiry date:

    2020-04-17

Underwriting Business Analyst

Central London - £35,000 - £45,000 + Benefits

Reinsurance / Insurance, Business Analyst, Underwriting

We have an exciting opportunity with one of our clients, a world leader in reinsurance. They stand for exceptional solution-based expertise, consistent risk management, financial stability and client proximity. It operates in all lines of insurance, with more than 42,000 employees throughout the world.

Overview:

As an Underwriting Business Analyst, you will have the ability to make a significant impact to the organisation by developing business analytics and underwriting planning and reporting for our client.

You will ensure that management information is timely, up-to-date, relevant, complete, accurate and consistent. The analytics are to apply to all forms of underwriting method of acceptance, particularly open market and delegated authorities.

Role Responsibilities:

  • Maintain and develop the regular management reporting to support business planning for the Syndicates.
  • Maintain and develop information for management and underwriters to support performance monitoring and make use of appropriate reporting tools and data warehouse.
  • Develop data entry for the business planning process and the preparation of the various reports and packs.
  • Provide concise written summaries to aid management decisions.
  • Prepare standard and ad-hoc reports and KPIs for the Underwriting & Claims Sub-Committee.
  • Evaluate, maintain and improve the Syndicates data, including forecasting underwriting and operational results.
  • Take responsibility for any relevant reports to Lloyd's and the PRA/FCA and participate in internal and/or external project initiatives.
  • Assist in co-ordinating underwriting audits by Lloyd's, the London IA Hub and the wider group including the preparation and presentation of required underwriting information.
  • Ensure that relevant procedures and systems are maintained and updated in accordance with changes to Syndicate or Group matters and provide analytical support for the department.
  • Liaise with the business to ensure that any applicable recommendation points arising from internal and/or external audits, compliance reviews etc. are dealt with satisfactorily.

Experience required:

Knowledge

  • Demonstrate clear understanding of all company specific procedures that relate to own role
  • Demonstrate clear understanding of the roles of colleagues and their relationships to the structure and operation of the department and wider organisation
  • Demonstrate willingness to continue to develop knowledge through formal and informal learning, both internally and externally to the organisation

Skills

  • Ability to manage own workload and to work both supportively and jointly with colleagues
  • Ability to work under pressure and flexibly when necessary, prioritising tasks, resource planning and meeting deadlines
  • Use of communication skills, both written and verbal reporting and presentation, that are both effective and meet business needs
  • Demonstrate high degree of attention to detail and accuracy

If you have the relevant skills and experience and would like to apply, please follow the link provided.

Underwriting Business Analyst

Central London - £35,000 - £45,000 + Benefits

Reinsurance / Insurance, Business Analyst, Underwriting