At a Glance
- Tasks: Join us as a Lloyd's Regulatory Analyst, focusing on data reporting and compliance.
- Company: Beazley is a leading insurance company transforming through data innovation.
- Benefits: Enjoy flexible working options, a collaborative culture, and opportunities for professional growth.
- Why this job: Be part of a digital transformation, making a real impact in the insurance industry.
- Qualifications: Degree level education or relevant experience; familiarity with regulatory reporting is a plus.
- Other info: Ideal for those passionate about data and eager to influence business decisions.
The predicted salary is between 36000 - 60000 £ per year.
As a Lloyd's Regulatory Analyst at Beazley your core purpose is to build a strong understanding of end to end Lloyd's reporting needs to be able to accurately and efficiently elicit, challenge, and document requirements, processes and scope. You are a key member of the Data Products team, focused on unlocking data for Beazley stakeholders and ensuring our accurate and timely reporting.
Data is one of Beazley's greatest assets and our data reflects the complexity of our business. Our data is in the process of modernisation and automation. Your role will be essential to our transformation into a digital company to meet our ambitious growth plans. As a Lloyd's Regulatory Analyst focused on Compliance data, you will be responsible for a portfolio of data products supporting our business in the UK, Europe and Asia. You will work with business stakeholders and a Data Product Owner to understand data needs, prioritize development, and create a roadmap of iterative deliveries of enhanced data products on our Modern Data Platform. As a key member of our data team, you will initially be responsible for regulatory reports, such as: Eligible Complainants, Conduct Risk, ELTO, PMDR, RRQ, among others. You will lead the transition to operationalize our data, leading to greater efficiency, higher quality data and better business insights.
Key Responsibilities:
- Act as a key representative from data management to support projects, change management or/and Beazley's strategic initiatives.
- Own a portfolio of data products and create a roadmap for iterative delivery of automated reports and enhancements.
- Advise the business on best practices and challenge existing structure with regards to systems and processes on any project with a link to data.
- Manage stakeholders through the report development lifecycle including requirements gathering, updates and expectation management, user testing, sign off and roll-out.
- Build trusted data models to support reporting projects including understanding data sources, writing SQL data pipelines and creating and populating data models.
- Collate, prepare and submit data for regulatory reporting, analysing the data to find conclusions.
- Design and build reports using sophisticated visualisation tools that optimise and enhance business reporting and intelligence across Beazley and support our teams to deliver enhanced outcomes.
- Identify product/capability constraints and work with the Product Owner, Platform Lead and the delivery team(s) to address these.
- Act as an ambassador for Data Quality at Beazley, ensuring the Data Governance and Quality Framework and best practices are embedded across all work that is done.
- Monitor mitigation and remediation activities around the root cause analysis of data issues.
- Ensure Data Quality and Governance best practices are applied in all work.
- Present findings and pre-submission reports to Regulatory Review Committees.
Personal Specification:
We're looking for candidates with experience building regulatory and compliance reports for the Insurance industry in Europe and the UK. The successful candidate should have experience with the Lloyd's market and/or the Central Bank of Ireland. Candidates should be able to demonstrate technical data skills including data wrangling, analysis, data model development and visualization skills. The successful candidate should have a passion for data and a curious mindset both for Beazley and the wider insurance industry. Great communication skills across all levels of seniority and the ability to represent Data to our colleagues, clients and regulators.
Education and Qualifications:
Degree level educated - any discipline, or a proven level of experience within this role. Business Analyst certifications preferable.
Skills and Abilities:
- Strong communication and interpersonal skills, both verbal and written.
- Highly organised and structured thinking and understands the importance of meeting regulatory deadlines.
- The ability to influence and impact business relationships internally and externally to Beazley.
- Demonstrable structured techniques for evaluating business processes and documenting user requirements.
- Strong data analytical skills with attention to detail.
- Motivational skills, team worker as well as able to work as a self-starter on own initiative.
- Able to coordinate and challenge inputs from several departments, to propose and implement successful solutions.
- Confident and comfortable to make recommendations and suggestions.
- Comfortable interacting with senior individuals in the business and externally with regulators.
Knowledge and Experience:
- Proven experience developing data regulatory reports in the insurance industry, preferably the London Market.
- Experience in managing, analysing and manipulating data.
- Expertise in data related projects.
- Proven demonstration of problem solving.
- Understands the challenges around utilising data appropriately and building solutions through considerations of both business processes and Management Intelligence.
- Use of various analysis and project management tools covering scope definition, requirements documentation and progress reporting.
- Advanced knowledge of MS Excel and Power BI.
- Knowledge of SQL and Python.
- Knowledge of Data Quality tools would be advantageous.
- Experience creating data visualisations or infographics and being able to demonstrate value through visualisation.
Lloyds Regulatory Analyst | London, UK employer: Beazley Management Limited
Contact Detail:
Beazley Management Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lloyds Regulatory Analyst | London, UK
✨Tip Number 1
Familiarise yourself with the Lloyd's market and regulatory requirements. Understanding the specific regulations and compliance standards in the insurance industry will give you an edge when discussing your insights and experiences during interviews.
✨Tip Number 2
Network with professionals in the insurance and data analytics fields. Attend industry events or join relevant online forums to connect with current employees at Beazley or similar companies, as they can provide valuable insights and potentially refer you for the position.
✨Tip Number 3
Brush up on your technical skills, especially SQL and data visualisation tools like Power BI. Being able to demonstrate your proficiency in these areas during discussions will show that you're well-prepared for the role and can hit the ground running.
✨Tip Number 4
Prepare to discuss your experience with data governance and quality frameworks. Be ready to share examples of how you've ensured data accuracy and compliance in previous roles, as this is a key aspect of the Lloyd's Regulatory Analyst position.
We think you need these skills to ace Lloyds Regulatory Analyst | London, UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in regulatory and compliance reporting, particularly within the insurance industry. Emphasise any specific projects or roles that align with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: In your cover letter, express your passion for data and your understanding of the Lloyd's market. Mention how your skills in data analysis, SQL, and visualisation tools like Power BI can contribute to Beazley's goals.
Showcase Technical Skills: Clearly outline your technical skills related to data wrangling, analysis, and model development. Provide examples of how you've used these skills in previous roles, especially in creating regulatory reports.
Highlight Communication Abilities: Since the role requires strong communication skills, include examples of how you've effectively communicated complex data insights to various stakeholders. This will demonstrate your ability to represent data to colleagues and regulators.
How to prepare for a job interview at Beazley Management Limited
✨Understand the Regulatory Landscape
Familiarise yourself with the regulatory requirements specific to the Lloyd's market and the Central Bank of Ireland. Being able to discuss these regulations confidently will demonstrate your knowledge and commitment to the role.
✨Showcase Your Data Skills
Prepare to discuss your experience with data wrangling, analysis, and visualisation. Bring examples of reports you've created or data models you've developed, especially those relevant to compliance in the insurance industry.
✨Communicate Effectively
Practice articulating complex data concepts in a clear and concise manner. Since the role involves liaising with various stakeholders, showcasing your strong communication skills will be crucial during the interview.
✨Demonstrate Problem-Solving Abilities
Be ready to discuss specific challenges you've faced in previous roles and how you approached solving them. Highlight your structured techniques for evaluating business processes and how they can apply to Beazley's needs.