Underwriting Operations Analyst

Underwriting Operations Analyst

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

  • Tasks: Support underwriting teams by optimising processes and delivering operational excellence.
  • Company: Join a global insurer, part of the Talanx Group, known for its commitment to quality.
  • Benefits: Enjoy 28 days leave, private medical, dental, and study support for qualifications.
  • Why this job: Be part of a dynamic team, enhance your skills, and make a real impact in insurance.
  • Qualifications: Previous insurance experience and A-levels or equivalent are essential; higher qualifications are a plus.
  • Other info: Opportunity to work on special underwriting projects and develop strong industry relationships.

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

About us

Avencia are partnered with a global insurer and member of the Talanx Group who are looking to recruit an Underwriting Operations Analyst.

This is an operational role, suited to someone who enjoys optimising processes, supporting underwriting teams, and delivering operational excellence.

The role

This position sits within the Long Tail hub of the Operations team click apply for full job details

Underwriting Operations Analyst employer: Avencia Consulting Services

Avencia is an exceptional employer, offering a dynamic work environment in the heart of London where operational excellence and process optimisation are at the forefront. With a strong focus on employee growth, we provide comprehensive study support for CII qualifications, alongside generous benefits such as private medical and dental care, and a robust pension scheme. Our collaborative culture fosters long-term relationships with underwriters and brokers, making it a rewarding place for those passionate about the insurance industry.
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Contact Detail:

Avencia Consulting Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Operations Analyst

✨Tip Number 1

Familiarise yourself with the specific processes and systems used in underwriting operations. Understanding the tools and software that underwriters rely on will give you an edge during interviews and show your commitment to the role.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who work in underwriting or operational roles. Attend industry events or join relevant online forums to build connections that could lead to valuable insights or referrals.

✨Tip Number 3

Stay updated on the latest trends and changes in the insurance market, particularly in the London Market. This knowledge will not only help you in interviews but also demonstrate your proactive approach to understanding the industry.

✨Tip Number 4

Prepare to discuss specific examples of how you've improved processes or enhanced service quality in previous roles. Highlighting your problem-solving skills and ability to optimise workflows will resonate well with hiring managers.

We think you need these skills to ace Underwriting Operations Analyst

Operational Excellence
Process Optimisation
Data Entry Skills
Document Management Systems
Data Quality Monitoring
Regulatory Compliance
Relationship Management
Communication Skills
Analytical Skills
MS Office Proficiency (Outlook, Excel)
Problem-Solving Skills
Attention to Detail
Process Improvement
Reporting and Data Analysis
Understanding of Insurance Industry Practices

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in the insurance industry, particularly any operational roles. Emphasise skills that align with the job description, such as data management and process optimisation.

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 ability to support underwriting teams and improve processes.

Highlight Relevant Skills: In your application, clearly outline your intermediate MS Office skills, especially in Excel, as well as any knowledge of the London Market and underwriting practices. This will show you meet the essential and desirable criteria.

Showcase Process Improvement Experience: If you have experience in suggesting or implementing process improvements, make sure to include this in your application. Provide examples of how your contributions led to enhanced efficiency or service quality.

How to prepare for a job interview at Avencia Consulting Services

✨Show Your Understanding of Underwriting Processes

Make sure to demonstrate your knowledge of underwriting processes during the interview. Discuss any relevant experience you have in managing underwriting administration or data quality, as this will show that you understand the core responsibilities of the role.

✨Highlight Your Process Improvement Skills

Be prepared to talk about specific examples where you've suggested or implemented process improvements in previous roles. This is crucial for the Underwriting Operations Analyst position, as the company values operational excellence and efficiency.

✨Emphasise Relationship Management

Since the role involves developing strong relationships with underwriters and brokers, share experiences where you've successfully built and maintained professional relationships. This will illustrate your ability to deliver high-quality service and support the operations team.

✨Familiarise Yourself with Relevant IT Systems

Research the IT systems commonly used in underwriting operations. Being able to discuss your familiarity with these systems or your willingness to learn will show that you're proactive and ready to adapt to the company's technological environment.

Underwriting Operations Analyst
Avencia Consulting Services
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