Job Title: Underwriting and Assurance Analyst
Salary: up to £45,000 + Bonus
Mostly remote - Travelling once a month to Sussex
About Us: Are you a talented logical and analytic problem solver? Are you an experienced or passionate coder? If so, we need you. Our Underwriting & Assurance Team are tasked with using analytic and insight to drive the ongoing optimisation of the FCG underwriting footprint, and the monitoring of underwriting and pricing performance, to support the delivery of profit and volume targets for the business.
Responsibilities:
- Analysis to derive the assumptions and inputs for expenses, profit and capital into pricing models and production systems
- Internal monitoring of the Reinsurance Programme, and contribute to the modelling and assessment of future Reinsurance Programme considerations and parameters
- Ongoing analysis of Competitor UW activity and Market Developments
- Compiling timely and accurate information/analysis for management decision-making purposes.
- Be a conduit for change and improvement within the Pricing and UW area and wider business
- Proactively monitor and suggest improvements which drives the business forward introducing new rating factors and finding new patterns and key variables.
- Work with Senior Analysts to proactively own personal development - researching and learning about new tools, techniques, and data sources which may benefit the team
- Liaise with all departments on issues of reporting requirements, data analysis, business process and operational issues.
- Analyse business issues to find solutions to and make recommendations to improve profitability
Support the development and maintenance of analytic tools, reporting suites, and appropriate feedback/action loops, to enable the efficient and accurate operation of Underwriting Performance Monitoring and Assurance activities
- Creation and maintenance of analysis programs, tools, and predictive models written in SAS, RADAR, EMBLEM, Python/R and other software packages
Experience & Qualifications:
- Experience with building predictive models using applications such as Emblem, Radar (ML) and Python/R.
- Experience of a relevant pricing, commercial, or UW role preferably within the personal lines motor insurance industry
- well versed in analytic programming languages, such as SAS, Python and R.
- Minimum 2:1 in an undergraduate discipline
- Good knowledge of general insurance - preferably motor
Skills & Attributes:
- Strong mathematical skills
- Strong problem-solving skills, with the ability to adopt a logical approach to solving problems
- Excellent data and statistical analysis skills
- Strong IT skills (including Excel and ideally programming skills)
- Good communication skills, both verbal and written
- Good time management and organisational skills
What We Offer:
- Competitive salary, benefits package and juicy bonus!
- Opportunities for professional growth and advancement.