At a Glance
- Tasks: Analyze data to drive business decisions and enhance insurance rates.
- Company: Join a leading provider of niche insurance services with a focus on growth.
- Benefits: Opportunity for professional growth, collaboration with key stakeholders, and impactful work.
- Why this job: Make a significant impact in the insurance industry while developing your analytical skills.
- Qualifications: No underwriting experience needed; proficiency in Excel is essential.
- Other info: Work closely with various teams and report directly to the Head Underwriter.
The predicted salary is between 28800 - 43200 £ per year.
Data Analyst / Underwriting Analyst | Insurance | Peterboruogh We are partnered with a leading provider of niche insurance services to the public. Our client seeks a commercially aware data driven Underwriting Analyst, this is a fantastic opportunity to grow a hugely rewarding career in underwriting where you will not only be leading the data capture and insight, but also working with key stakeholders to apply the insight to drive business critical decision making… Are you ready to harness your analytical expertise to make a significant impact in the insurance industry? Join our client’s dynamic underwriting team and embark on a career journey that encourages professional growth and the development of underwriting skills. As an Underwriting Analyst, you will play a crucial role by leveraging unique policy and claims data, contributing to market-leading insurance rates, and driving actionable insights that enhance our business model. In this pivotal role, you will be responsible for: * Producing structured, high-level, and granular scheme reporting to provide clear insights. * Conducting ad hoc analyses to uncover opportunities and assess risks. * Carrying out post-implementation reviews to ensure recent changes meet expectations. To thrive in this position, you should be: * Numerate with a Keen Eye for Detail: Your vigilance in producing accurate management information and analysis will set you apart. * Data-Centric: Possess a strong understanding of data’s transformative power and the ability to identify trends and patterns. * Enterprising and Dynamic: A curious, self-motivated problem-solver who continuously seeks new opportunities for improvement. * Engaging and Persuasive: Collaborate effectively with colleagues, actively listening and communicating ideas clearly. * Commercially Aware: Show a genuine desire to understand and use data to recommend performance enhancements. Success Metrics: * Deliver regular, accurate business data insights on time and in a practical format for stakeholders. * Demonstrate flexibility as a problem-solver, overcoming challenges to achieve outstanding results. * Utilize forensic data analysis to identify under and over-performing segments, using these insights to recommend effective actions. * Collaborate closely with our insurance partners to optimize performance and achieve sustainable results. Additional Information: This role is a result of our client’s ongoing success and growth, reporting directly to the Head Underwriter who will support your journey into underwriting. You will become an integral part of the Proposition & Commercial Team, collaborating with Marketing, Commercial Partnerships, Product Management, and more, to align business goals and drive sustainable profitability. Profile Requirements: * Underwriting experience is not required; we value your ability to create analytical value from data. * Proficiency in Microsoft Excel is essential, and knowledge of SQL, Tableau, Data Robot, or other data tools is a plus but not mandatory. * Strong written and verbal communication skills, complemented by the ability to cultivate long-term relationships. * Highly analytical and numerate, possessing a problem-solving mindset. If you are excited about uncovering insights and contributing to the future of insurance, we invite you to apply for the Underwriting Analyst position and join a team that’s making a real difference
Data Analyst / Underwriting Analyst | Insurance | Peterborough employer: Morgan Fraser Group Limited
Contact Detail:
Morgan Fraser Group Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Analyst / Underwriting Analyst | Insurance | Peterborough
✨Tip Number 1
Familiarize yourself with the insurance industry and its key metrics. Understanding how data impacts underwriting decisions will help you stand out during discussions with stakeholders.
✨Tip Number 2
Brush up on your Excel skills, as proficiency in this tool is essential for the role. Consider practicing advanced functions and data visualization techniques to showcase your analytical capabilities.
✨Tip Number 3
Network with professionals in the insurance sector. Engaging with others in the field can provide insights into the role and may even lead to valuable referrals.
✨Tip Number 4
Prepare to discuss how you've used data to drive decision-making in past experiences. Highlighting your problem-solving mindset and ability to derive actionable insights will resonate well with the hiring team.
We think you need these skills to ace Data Analyst / Underwriting Analyst | Insurance | Peterborough
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Underwriting Analyst position. Tailor your application to highlight how your skills and experiences align with the job description.
Highlight Analytical Skills: Emphasize your analytical expertise in your CV and cover letter. Provide specific examples of how you've used data to drive decision-making or uncover insights in previous roles.
Showcase Communication Abilities: Since the role requires collaboration with various stakeholders, demonstrate your strong written and verbal communication skills. Mention any experiences where you effectively communicated complex data insights to non-technical audiences.
Tailor Your CV and Cover Letter: Customize your CV and cover letter for this specific role. Use keywords from the job description, such as 'data-driven', 'commercially aware', and 'problem-solver', to ensure your application stands out.
How to prepare for a job interview at Morgan Fraser Group Limited
✨Showcase Your Analytical Skills
Prepare to discuss specific examples of how you've used data analysis to drive business decisions. Highlight your ability to identify trends and patterns in data, as this is crucial for the role.
✨Demonstrate Commercial Awareness
Be ready to talk about how data can impact business performance. Show that you understand the insurance industry and can recommend enhancements based on your insights.
✨Communicate Clearly and Effectively
Practice articulating your ideas and analyses in a clear and engaging manner. This role requires collaboration with various stakeholders, so strong communication skills are essential.
✨Prepare for Problem-Solving Scenarios
Think of examples where you've faced challenges in data analysis and how you overcame them. Being able to demonstrate your problem-solving mindset will set you apart from other candidates.