At a Glance
- Tasks: Support underwriting teams with premium processing, claims, and financial reporting.
- Company: Join a dynamic scale-up insurance platform making waves in the industry.
- Benefits: Enjoy flexible working options and a collaborative team culture.
- Why this job: Be part of a fast-paced environment where your contributions directly impact operations.
- Qualifications: Background in insurance or finance is essential; strong Excel skills are a must.
- Other info: Opportunity to drive system improvements and enhance operational efficiency.
The predicted salary is between 36000 - 60000 £ per year.
Eames is currently working with a scale up insurance platform on the appointment of an Underwriting Operations Analyst. The role will support the technical operations of underwriting teams, ensuring smooth processing of premiums, claims, credit control, and financial reporting. This role involves working closely with internal teams as well as external partners, to maintain efficient workflows and resolve queries promptly.
Key Responsibilities
- Collaborate with underwriting, finance, and external stakeholders to ensure seamless communication and issue resolution.
- Oversee and prioritise work allocated to outsourced teams, ensuring service levels are met.
- Process and review insurance transactions, supporting premium and claims operations.
- Contribute to system and process improvements to enhance efficiency across operations.
Skills & Experience
- Background in insurance, particularly within underwriting, finance, or operations.
- Knowledge of insurance accounting, including premium handling, claims payments, and bordereaux processing.
- Experience coordinating with outsourced teams and overseeing delegated tasks.
- Strong attention to detail, with the ability to manage multiple priorities in a fast-paced environment.
- Proficiency in Microsoft Excel and a proactive approach to problem-solving.
Contact Detail:
Click To Hired Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in underwriting and insurance operations. Understanding current market dynamics and regulatory changes can give you an edge during discussions with our team.
✨Tip Number 2
Network with professionals in the insurance industry, especially those working in underwriting or finance. Engaging with them on platforms like LinkedIn can provide insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your Excel skills, particularly in data analysis and reporting. Being able to demonstrate your proficiency in handling complex datasets will be a significant advantage in this role.
✨Tip Number 4
Prepare to discuss specific examples of how you've improved processes or resolved issues in previous roles. Highlighting your problem-solving abilities will resonate well with our team.
We think you need these skills to ace Underwriting Analyst
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and required skills for the Underwriting Analyst position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasise any background you have in insurance, underwriting, or finance. Provide specific examples of your experience with premium handling, claims payments, and working with outsourced teams.
Showcase Your Skills: Make sure to mention your proficiency in Microsoft Excel and any other relevant software. Discuss your attention to detail and ability to manage multiple priorities, as these are crucial for the role.
Craft a Strong Cover Letter: Write a compelling cover letter that not only summarises your qualifications but also expresses your enthusiasm for the role and the company. Explain why you are a good fit and how you can contribute to improving operations.
How to prepare for a job interview at Click To Hired
✨Know Your Insurance Basics
Make sure you brush up on your knowledge of insurance principles, particularly underwriting and finance. Being able to discuss premium handling and claims payments confidently will show that you understand the core responsibilities of the role.
✨Demonstrate Your Attention to Detail
Prepare examples from your past experience where your attention to detail made a significant impact. This could be in processing transactions or managing multiple priorities, as these skills are crucial for an Underwriting Analyst.
✨Showcase Your Communication Skills
Since the role involves collaborating with various teams and external partners, be ready to discuss how you've effectively communicated in previous roles. Highlight any experiences where you resolved issues through clear communication.
✨Be Ready to Discuss Process Improvements
Think about times when you've contributed to system or process improvements in your previous jobs. Be prepared to share specific examples that demonstrate your proactive approach to enhancing operational efficiency.