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, 30 days leave, private health insurance, and learning budget.
- Other info: Great opportunities for networking, professional growth, and a supportive team environment.
- Why this job: Dive into the ceded reinsurance market and make impactful contributions to exciting projects.
- Qualifications: Around 2 years of data handling experience in the insurance sector is preferred.
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) employer: Convex
Convex Group is an exceptional employer, offering a dynamic work environment in the heart of London where collaboration and innovation thrive. With a strong focus on employee growth, we provide extensive benefits including competitive salaries, generous annual leave, and a commitment to professional development through learning and wellbeing allowances. Join us to be part of a supportive team that values your contributions and fosters meaningful relationships within the reinsurance market.
StudySmarter Expert Advice🤫
We think this is how you could land Ceded Reinsurance (Analyst)
✨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.
✨Show Off Your Data Skills
When you get the chance to chat with potential employers, make sure to highlight your ability to handle and analyse large sets of data. Share examples of how you've used data to drive decisions or improve processes in your previous roles.
✨Be a Team Player
Emphasise your collaborative spirit during interviews. Talk about times when you’ve worked closely with others, especially in cross-functional teams. This role is all about teamwork, so showing that you can play well with others is key!
✨Apply Through Our Website
Don’t forget to apply directly 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 joining our team at Convex Group.
We think you need these skills to ace Ceded Reinsurance (Analyst)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Ceded Reinsurance Analyst role. Highlight your experience with data handling and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your genuine interest in the ceded reinsurance market and how your background aligns with our needs. Let us know why you're excited about joining StudySmarter!
Show Off Your Data Skills:Since this role involves manipulating large sets of data, be sure to showcase your analytical skills. Include specific examples of how you've used data to generate insights or recommendations in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Convex
✨Know Your Numbers
Since this role involves handling large sets of data, make sure you brush up on your quantitative analysis skills. Be prepared to discuss specific examples where you've successfully manipulated data to generate insights. This will show your potential employer that you can hit the ground running.
✨Understand the Market
Dive deep into the ceded reinsurance market before your interview. Familiarise yourself with current trends, contract wordings, and key players. Being able to discuss these topics will demonstrate your genuine interest in the field and your commitment to staying informed.
✨Build Relationships
Networking is crucial in this role, so think about how you can showcase your interpersonal skills. Prepare examples of how you've built relationships in previous roles, whether with colleagues or external stakeholders. This will highlight your ability to collaborate effectively within a team-oriented environment.
✨Communicate Clearly
Effective communication is key, especially when dealing with various internal and external stakeholders. Practice articulating your thoughts clearly and concisely. Consider preparing a few questions to ask during the interview that reflect your understanding of the role and the company, which will also demonstrate your communication skills.
