At a Glance
- Tasks: Support underwriting teams with risk recording, premium accounting, and reporting.
- Company: Aspen Insurance, a leading specialty insurance and reinsurance company.
- Benefits: Exciting career development opportunities in a rewarding environment.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Knowledge of (Re)insurance practices and strong analytical skills.
- Other info: Diverse and inclusive workplace that values different perspectives.
The predicted salary is between 36000 - 60000 £ per year.
Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions. We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism. Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.
The Technical Analyst will deliver an excellent and cost‐effective service to Underwriting Services, International Insurance Team Heads and other relevant stakeholders in the following areas:
- Risk and exposure recording
- Insurance premium accounting
- Underwriting Management Information in support of Team meetings and Quarterly Performance Reviews
- Internal cyclical and ad‐hoc reporting
Our Aspen Values are expected to be reflected in the delivery and performance of every role.
Key Accountabilities
- Contributes to the design and implementation of the operational team plans to ensure these include operational considerations for delivery
- Determines own work priorities and activities in line with agreed plans to ensure the achievement of personal and team objectives
- Contributes to Aspen's Insurance segment procedures and controls for the collection, review, consolidation and analysis of contractual risk information
- Assists in the delivery and future development of Aspen's Insurance processes and systems, to ensure an efficient management of insurance records
- Ensures compliance with relevant legislation, industry codes and company policies and procedures to protect Aspen's regulatory position
- Ensures that electronic files are maintained in a logical and accessible manner and/or other underwriting issues are clearly documented at all times
- Strong alignment and guidance provided to the offshore team to facilitate Underwriter expectation and outcomes are met
- Ensures awareness of and compliance with regulatory and legislative requirements
Knowledge, Skills, & Experience
- Relevant knowledge of (Re)insurance customs, practices and procedures
- Sound understanding of (Re)Insurance concepts
- Working knowledge of company systems
- Knowledge of legal and regulatory requirements (specific reference to FCA/Lloyd's regulation)
- Knowledge of Aspen's underwriting process and LoB specific nuisances and Expected service outcomes
- Understanding of London market practises essential
- Broad based reinsurance and/or insurance experience
At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate. We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.
Technical Analyst in London employer: Aspen Group
Contact Detail:
Aspen Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Technical Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Aspen's values and recent projects. Show us that you understand what we stand for and how you can contribute to our mission. Tailor your answers to reflect our core values of respect, honesty, trust, and professionalism.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in joining the Aspen team.
We think you need these skills to ace Technical Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Technical Analyst role. Highlight your knowledge of (Re)insurance customs and any relevant systems you've worked with. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your values align with Aspen's. Remember, we value respect, honesty, and professionalism, so let that come through in your writing.
Showcase Relevant Experience: When detailing your experience, focus on your understanding of insurance processes and any specific projects you've been involved in. We love seeing how you've contributed to previous teams and how you can bring that expertise to us.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people. Don’t miss out!
How to prepare for a job interview at Aspen Group
✨Know Your Insurance Basics
Make sure you brush up on your knowledge of (re)insurance customs and practices. Familiarise yourself with key concepts and terminology that are relevant to the role of a Technical Analyst at Aspen. This will not only help you answer questions confidently but also show your genuine interest in the industry.
✨Understand Aspen's Values
Aspen places a strong emphasis on respect, honesty, trust, and professionalism. Before your interview, think about how these values resonate with your own work ethic. Be prepared to share examples from your past experiences that demonstrate how you've embodied these values in your professional life.
✨Prepare for Technical Questions
Expect to face technical questions related to risk and exposure recording, insurance premium accounting, and underwriting management information. Review any relevant systems or processes you’ve worked with before, and be ready to discuss how you can contribute to Aspen’s operational team plans.
✨Showcase Your Teamwork Skills
As a Technical Analyst, you'll need to collaborate closely with various stakeholders. Think of instances where you've successfully worked in a team setting, especially in high-pressure situations. Highlight your ability to align with offshore teams and meet underwriter expectations, as this will be crucial for the role.