£30K/yr to £35K/yr
City of London, England
Permanent, Variable

Underwriting Analyst

Posted by mbf..

About Our Client:

Our client, a leader in global specialty Re/Insurance. Is seeking an ambitious Underwriting Analyst / Assistant to join their Specialty Treaty Underwriting team. Renowned for their exceptional service and cutting-edge solutions, our client is at the forefront of the industry, providing unparalleled opportunities for professional growth and development.

Role and Responsibilities:

As an Underwriting Analyst, you will play a crucial role in supporting the Specialty Team and the Department Head by:

  • Administering and Underwriting: Assist in managing the Specialty Treaty Portfolio, ensuring seamless administration and accurate underwriting.
  • Data Management: Input and update data in various databases, keeping all systems current.
  • Tool Enhancement: Populate, develop, and maintain rating and aggregation tools to support underwriting processes.
  • Preparation and Support: Gather data for client meetings and underwriters' trips, and support the production of periodic reports on aggregate exposure, capacity usage, and stress tests.
  • Cross-Department Collaboration: Liaise with other underwriting departments, Actuarial, Claims, and accounting teams, as well as offices regarding common underwriting and modelling practices.
  • Project Involvement: Participate in ad hoc team and company projects, contributing to innovative solutions and improvements.
  • Broker Relations: Develop and maintain strong relationships with brokers, enhancing communication and collaboration.

Core Attributes:

  • Strong analytical skills with meticulous attention to detail.
  • Effective time management and organisational skills.
  • Team player with excellent communication and negotiation abilities.
  • Highly motivated, with integrity and a desire to learn and seek new opportunities.
  • Adaptable to changing business requirements, demonstrating flexibility and problem-solving skills.

Technical Expertise:

  • Advanced proficiency in Excel, with good knowledge of Word and Outlook. SQL skills are a plus.
  • Strong analytical capabilities essential for the role.

Education and Experience:

  • University degree required, with a mathematical background being essential.
  • High standard of English (A-level or high GCSE grade).
  • Willingness to undertake the ACII professional qualification.
  • Previous industry experience is beneficial.

What Does Success Look Like in This Role?

Success as an Underwriting Analyst means ensuring that underwriters have everything in place to transact business efficiently. The required information is timely, accurate, and accessible, making the role of the underwriter easier and more effective.

Why Join Our Client?

This is a fantastic opportunity to join a leading global specialty Re-insurance company. Our client offers a collaborative and innovative work environment, where your skills and expertise will be valued and developed. With flexible working arrangements and a commitment to professional growth, this role promises both challenge and reward.

Ready to Take the Next Step?

If you're passionate about underwriting and data analysis and are ready to join a dynamic and forward-thinking team, apply now! Send your CV and take the first step toward an exciting and rewarding career as an Underwriting Analyst.

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