Ceded Underwriting Support Analyst
Ceded Underwriting Support Analyst

Ceded Underwriting Support Analyst

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the Ceded Reinsurance team with data management and reporting.
  • Company: SiriusPoint is a global leader in insurance and reinsurance, headquartered in Bermuda.
  • Benefits: Enjoy hybrid work options and a clear career progression path.
  • Why this job: Join a diverse team and make an impact in the re/insurance market.
  • Qualifications: A Bachelor's degree and strong Microsoft Office skills are essential.
  • Other info: We prioritise diversity, equity, inclusion, and belonging in our workplace.

The predicted salary is between 36000 - 60000 £ per year.

Ceded Underwriting Support Analyst

UK– Hybrid

Who We Are

SiriusPoint is a global underwriter of insurance andreinsurance. We utilize deep risk capabilities to protect ourcustomers and provide intelligent risk solutions to clients andbrokers around the world.Bermuda-headquartered and listed on the New York StockExchange (SPNT), wework as ‘One SiriusPoint’, to applyexpertise and underwrite risks across our four operationalareas – InternationalInsurance,North American Insurance,Global Accident and Health,andGlobal Reinsurance.

We have underwriting hubs in Bermuda, Liege,London, NewYork, Zurich, and Stockholm, and licenses to write Property& Casualty and Accident & Health insurance and reinsuranceglobally.

Join Our Team

You will be ourCeded Underwriting Support Analystand a key member of our Ceded Reinsurance team. You will report to the Head of Ceded Reinsurance Placement – Intl.This role offers a strong career path to a more senior role in Ceded Re for candidates that are ambitious, hardworking, curious and interested to build a career in the re/insurance market.

Your responsibilities will include the following:

  • Work closely with the overall Ceded RE placements team.
  • Lead accurate and timely input of New, Renewal, Endorsement, Cancellation data into Ceded system
  • Leverage computer and technology skills to adjust and create reports/spreadsheets/presentations for daily, monthly and quarterly functions.
  • Own delivery of weekly / monthly reportsto Ceded Re team including Broker and Reinsurer marketing material
  • Develop, own and maintain and deliver monthly/quarterly and ad hoc reports for Ceded Re department
  • Develop, document and maintain comprehensive departmental procedure manual and business processes and workflows and identify areas for improvement
  • Ensure updates of approved reinsurer list in SICS system
  • Document proceedings of the Reinsurance Security Committee; own and follow up on all action items from meetings
  • Develop and foster relationships with Reinsurance Brokers and Reinsurers
  • Additional duties as required

Your Skills and Abilities Should Include:

  • Bachelor’s degree
  • Reinsurance / Insurance related experience preferred
  • SICS or Ceded system experience preferred
  • Proficient in Microsoft Office (Excel, PowerPoint and Word) and Miro
  • Excellent communication and interpersonal skills.
  • Strong attention to detail and quantitative skills.
  • Excellent critical thinking and analytical abilities
  • Ability to prioritize tasks and meet deadlines.

We Achieve More Together

We value and support the unique voices, backgrounds, lifestyles, and contributions of a diverse global employee base that contributes to our culture every day. Diversity, Equity, Inclusion and Belonging (DEI&B) is imperative to our success.

We are building an environment that imbeds DEI&B into everything we do and enables us to unlock critical drivers of equality, innovation and success. We want everyone to be included, valued, respected and supported to unleash their full potential.

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Ceded Underwriting Support Analyst employer: SiriusPoint Ltd.

SiriusPoint is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for ambitious individuals looking to grow in the re/insurance sector. With a strong commitment to employee development, you will have access to meaningful career advancement opportunities while working in a hybrid environment that promotes work-life balance. Located in the vibrant UK market, our team thrives on diversity and innovation, ensuring every voice is heard and valued.
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Contact Detail:

SiriusPoint Ltd. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Ceded Underwriting Support Analyst

✨Tip Number 1

Familiarise yourself with the Ceded Reinsurance process and terminology. Understanding the nuances of reinsurance will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the reinsurance industry, especially those who work at SiriusPoint or similar companies. Attend industry events or join relevant online forums to make connections that could provide insights and potentially refer you for the position.

✨Tip Number 3

Brush up on your Microsoft Office skills, particularly Excel and PowerPoint. Being proficient in these tools is crucial for creating reports and presentations, which are key responsibilities in this role.

✨Tip Number 4

Prepare to discuss your analytical and critical thinking skills during the interview. Think of examples from your past experiences where you've successfully prioritised tasks or improved processes, as these are essential qualities for a Ceded Underwriting Support Analyst.

We think you need these skills to ace Ceded Underwriting Support Analyst

Reinsurance Knowledge
SICS System Proficiency
Data Entry Accuracy
Report Generation
Microsoft Excel Expertise
Microsoft PowerPoint Skills
Microsoft Word Proficiency
Attention to Detail
Analytical Skills
Critical Thinking
Interpersonal Skills
Communication Skills
Time Management
Process Improvement
Relationship Building

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Ceded Underwriting Support Analyst position. Understand the key responsibilities and required skills, as this will help you tailor your application.

Tailor Your CV: Customise your CV to highlight relevant experience in reinsurance or insurance. Emphasise your proficiency in Microsoft Office and any experience with SICS or similar systems, as these are crucial for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific experiences that demonstrate your analytical abilities and attention to detail, which are essential for the position.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which is vital in the insurance industry.

How to prepare for a job interview at SiriusPoint Ltd.

✨Understand the Ceded Reinsurance Landscape

Familiarise yourself with the basics of ceded reinsurance and the role it plays in the insurance industry. Being able to discuss current trends or challenges in the market will show your genuine interest and understanding of the field.

✨Showcase Your Technical Skills

Since the role requires proficiency in Microsoft Office and SICS, be prepared to discuss your experience with these tools. You might even want to bring examples of reports or presentations you've created in the past to demonstrate your capabilities.

✨Highlight Your Attention to Detail

Given the importance of accuracy in data input and reporting, be ready to provide examples from your previous roles where your attention to detail made a significant impact. This could be in the form of error reduction or improved efficiency.

✨Prepare for Behavioural Questions

Expect questions that assess your critical thinking and analytical abilities. Use the STAR method (Situation, Task, Action, Result) to structure your responses, particularly when discussing how you've prioritised tasks or met deadlines in the past.

Ceded Underwriting Support Analyst
SiriusPoint Ltd.

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