At a Glance
- Tasks: Analyse insurance data, build models, and ensure compliance with pension regulations.
- Company: Join a growing team at BWD Search & Selection in the financial services sector.
- Benefits: Competitive salary of £45-70K plus bonuses and study support for professional development.
- Why this job: Be part of a pivotal team shaping the future of insurance data analysis.
- Qualifications: Experience in UK DB pensions is essential; actuarial or operations background preferred.
- Other info: Exciting opportunity for career growth in a dynamic, project-based environment.
The predicted salary is between 40500 - 70000 £ per year.
Due to an increased workload, this small, technical team is adding three new hires to their specialist team, which services a range of insurance clients. This is a pivotal time to join this team, which intends to be 20+ members strong within the next few years.
The work ranges from completing due diligence on data from the insurer client to helping Trustees prepare for buy-in. Think “complex” recalculations, building models, data assessments.
The role:
- Identifying and resolving discrepancies in pension data and calculations, reporting back to the client on how to solve this.
- Building Excel‑based models.
- Ensuring compliance with scheme rules and legislation.
The individual:
- Must be at an EBC, focusing on UK DB pensions—essential.
- Can be from an Actuarial or Operations background (study support offered).
- BPA and/or GMP project experience is a bonus.
Work is completed on a project basis, with Senior Associates focusing on the technical work and having minimal client interactions. At the Consultant level, you will be expected to have a degree of client interaction by communicating findings and proposing solutions. So, if you are a technical individual, either in the admin space or an Actuarial exam stopper, get in touch for more info.
Sponsorship not offered.
Seniority level: Associate
Employment type: Full‑time
Job function: Finance, Analyst, Project Management
Industries: Financial Services, Pension Funds, Insurance and Employee Benefit Funds
Insurance Data Analyst | UK Hybrid | £45-70K + bonus in England employer: BWD Search & Selection
Contact Detail:
BWD Search & Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Data Analyst | UK Hybrid | £45-70K + bonus in England
✨Tip Number 1
Network like a pro! Reach out to people in the insurance and data analysis fields. Use LinkedIn to connect with current employees at BWD Search & Selection or similar companies. A friendly message can go a long way in getting your foot in the door.
✨Tip Number 2
Prepare for those interviews! Research common questions for Insurance Data Analysts and practice your responses. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills effectively.
✨Tip Number 3
Show off your technical skills! If you’ve built any Excel models or worked on relevant projects, be ready to discuss them in detail. We want to see how you approach complex problems and what solutions you've implemented in the past.
✨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 you’re genuinely interested in the role and the company. Let’s get you that job!
We think you need these skills to ace Insurance Data Analyst | UK Hybrid | £45-70K + bonus in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Insurance Data Analyst role. Highlight your experience with UK DB pensions and any relevant projects you've worked on. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background in actuarial or operations can benefit our team. Keep it concise but impactful!
Showcase Your Technical Skills: Since this role involves complex recalculations and building Excel-based models, make sure to mention any specific technical skills you have. We love seeing examples of how you've tackled similar challenges in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any updates. Plus, we’re excited to see what you bring to the table!
How to prepare for a job interview at BWD Search & Selection
✨Know Your Numbers
As an Insurance Data Analyst, you'll be dealing with complex calculations and data assessments. Brush up on your Excel skills and be ready to discuss any relevant models you've built or discrepancies you've resolved in the past. This will show your technical prowess and understanding of the role.
✨Understand the Industry
Familiarise yourself with UK DB pensions and the specific challenges they face. Being able to speak knowledgeably about compliance, scheme rules, and recent industry changes will impress your interviewers and demonstrate your commitment to the field.
✨Prepare for Client Interaction
Since the role involves some client communication, think about how you would explain complex data findings to someone without a technical background. Practising this can help you articulate your thoughts clearly during the interview, showcasing your ability to bridge the gap between technical work and client needs.
✨Showcase Your Problem-Solving Skills
Be ready to discuss specific examples where you've identified and resolved discrepancies in data. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easy for the interviewers to see your thought process and the impact of your work.