At a Glance
- Tasks: Support reinsurance placements and collaborate with various stakeholders in a dynamic team.
- Company: Join Convex Group, a leader in the insurance market with a focus on innovation.
- Benefits: Enjoy competitive salary, generous leave, health cover, and learning opportunities.
- Other info: Be part of a supportive team with excellent career growth and networking opportunities.
- Why this job: Dive into the ceded reinsurance market and make impactful connections while developing your skills.
- Qualifications: 2 years of data handling experience in insurance and strong analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
The Ceded Reinsurance team places reinsurance on behalf of Convex Group. We are looking for an individual in an Analyst-type role to join the team, led by Rishi Aggarwal. You will be expected to support reinsurance placements while collaborating closely with the Ceded Re Placement Officers and other internal and external stakeholders, such as Underwriters, Operations and Brokers. This role requires the ability to work in a team-oriented environment, well-rounded interpersonal skills, and the ability to manipulate large sets of data.
Some of the key tasks may include:
- Assist the Ceded Re team with the design and execution of ceded reinsurance programmes, ensuring that they align to the Convex portfolio optimisation and risk management strategy.
- Attend reinsurer meetings and develop relationships with Brokers and Reinsurers, constantly seeking to deepen your understanding of the market and its trends and developments.
- Collaborate closely with internal stakeholders such as Underwriting, Actuarial, Claims, Analytics, Legal, Operations.
- Collaborate with the Ceded Re Operations team to ensure smooth and accurate data capture.
- Support the design and implementation of various Ceded Re related tools and projects.
- Prepare submission data packs and post-renewal management information.
- Maintain the system of record and flow of information into internal systems.
Skills Knowledge and Expertise
- Around 2 years of experience in a role involving handling data within the insurance market.
- A well-articulated and evident interest in developing a deep insight into the ceded reinsurance market including understanding of contract wordings and market trends.
- Ability to manipulate large sets of data to generate insights and recommendations.
- Robust quantitative and qualitative analysis skills.
- Excellent networking and influencing skills with an ability to build meaningful relationships internally and externally.
- Effective communication skills both verbally and written at all levels of seniority.
- A keen team player, open to sharing knowledge and looking for ways to improve.
- Good negotiation skills.
- Hard working with attention to detail.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
Ceded Reinsurance (Analyst) in London employer: Convex Insurance
Convex Group is an exceptional employer that fosters a collaborative and dynamic work culture, particularly within the Ceded Reinsurance team. With a strong emphasis on employee growth, you will have access to extensive learning opportunities and benefits such as competitive salaries, generous annual leave, and a supportive environment that encourages networking and professional development. Located in a vibrant area, Convex Group not only prioritises your well-being with comprehensive health coverage but also promotes a balanced work-life through initiatives like volunteer leave and wellness spending.
StudySmarter Expert Advice🤫
We think this is how you could land Ceded Reinsurance (Analyst) in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the reinsurance industry. Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that you didn’t even know existed.
✨Tip Number 2
Show off your data skills! When you get the chance, demonstrate how you can manipulate large sets of data to generate insights. Bring examples to interviews or discussions that highlight your analytical prowess and how it can benefit the Ceded Re team.
✨Tip Number 3
Be proactive in learning! Stay updated on market trends and developments in the ceded reinsurance space. This knowledge will not only impress potential employers but also help you engage more meaningfully during conversations with stakeholders.
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative to apply directly. It shows you're serious about joining the team and helps us get to know you better right from the start.
We think you need these skills to ace Ceded Reinsurance (Analyst) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your data handling experience and any relevant projects you've worked on in the insurance market.
Craft a Compelling Cover Letter:Use your cover letter to showcase your passion for ceded reinsurance and how your background aligns with our team's goals. Don't forget to mention your interpersonal skills and teamwork experience!
Showcase Your Data Skills:Since this role involves manipulating large sets of data, be sure to include specific examples of how you've done this in the past. Mention any tools or software you're familiar with that could be beneficial for the role.
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 important updates from our team!
How to prepare for a job interview at Convex Insurance
✨Know Your Reinsurance Basics
Before the interview, brush up on your knowledge of ceded reinsurance and its role in the insurance market. Understanding contract wordings and current market trends will show that you're genuinely interested and prepared to contribute.
✨Data Manipulation Skills are Key
Since this role involves handling large sets of data, be ready to discuss your experience with data analysis. Prepare examples of how you've used data to generate insights or recommendations in previous roles, as this will demonstrate your analytical skills.
✨Build Relationships
Networking is crucial in this role. Think about how you can showcase your interpersonal skills during the interview. Share experiences where you've successfully built relationships with stakeholders, whether they were internal teams or external partners like brokers and reinsurers.
✨Team Player Attitude
This position requires collaboration with various teams. Be prepared to talk about your experiences working in a team-oriented environment. Highlight instances where you’ve shared knowledge or contributed to team success, as this will resonate well with the interviewers.
