At a Glance
- Tasks: Lead the analysis and optimisation of underwriting strategies in a dynamic InsurTech environment.
- Company: Join a forward-thinking company at the forefront of the UK General Insurance market.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative culture focused on learning and development; don't hesitate to apply even if you don't meet every requirement.
- Why this job: Make a real impact by bridging traditional underwriting with cutting-edge data science.
- Qualifications: Experience in insurance analytics, strong SQL skills, and proficiency in Python or R.
The predicted salary is between 60000 - 80000 € per year.
Requirements
- Experience in the UK General Insurance market, with strong preference for experience in high-frequency Motor Insurance products.
- Proven track record of building, implementing, and optimising profitable underwriting strategies.
- Expert-level proficiency in SQL for rapid data extraction and manipulation from large datasets.
- Advanced skills in a statistical programming language (Python or R) for modeling, data transformation, and visualisation.
- Strong experience with visualisation and reporting tools such as PowerBI and/or Tableau.
- Experience with cloud-based data warehouses (e.g. BigQuery or Azure) is highly desirable for processing real-time risk data.
- Familiarity with machine learning concepts and their application in insurance, particularly in real-time scoring and fraud detection.
- Familiarity with the WTW insurance software RADAR is desirable but not essential.
- Excellent communication skills, with the ability to articulate complex analytical findings and regulatory compliance impacts to non-technical stakeholders.
- Strong commercial acumen and the ability to balance strict risk control with high-speed customer experience in a competitive InsurTech environment.
- Collaborative mindset, keen to support others and learn from them.
- Pragmatic and focused on finding actionable insights.
You don’t need to tick off everything on this list - so don’t let that hold you back from applying. We want to make sure you’re learning plenty during your time with us!
What the job involves
- The Lead Portfolio Analyst in our Underwriting team is a critical, hands‑on role (70% individual contributor, 30% project/people management).
- You will bridge traditional underwriting principles with cutting‑edge data science, designing and deploying automated underwriting logic and sophisticated algorithms to help our panel of underwriters achieve targeted loss ratios on high‑volume, short‑term UK motor policies (one hour to one month).
- You’ll join our underwriting team working on the development and optimisation of risk strategies for temporary insurance, using advanced analytics, experimentation, and enriched data to drive profitable growth while managing fraud and adverse selection.
- You’ll actively monitor portfolio performance in near real time, identify emerging risks, and ensure underwriting decisions remain compliant with UK regulatory requirements.
- Drive growth through expanding our footprint and optimising rates, considering profitability and risk in every initiative, monitoring and refining to maximise potential.
- Use advanced modelling techniques to support the prevention of fraud and the advancing identification of risk.
- Utilise immediate data enrichment and non‑traditional data sources (e.g external validation services) to identify new signals for risk selection and fraud identification at point of quote.
- Monitor critical key performance indicators (KPIs), highlighting movements and recommending action where necessary.
- Conduct deeper analysis to support product evolvement, both for core products and new opportunities.
- Manage regulatory compliance, ensuring all underwriting strategies adhere to UK regulatory bodies (e.g FCA) guidelines for fairness, transparency, and data usage.
- Work closely with Engineering and Product teams to translate complex models into scalable, production decision engines.
- Line‑manage and formally mentor junior analysts, focusing on their technical development, project allocation, and best practices.
Lead Portfolio Analyst employer: Deepstreamtech
As a Lead Portfolio Analyst at our innovative InsurTech firm, you'll thrive in a dynamic work culture that champions collaboration and continuous learning. We offer competitive benefits, including professional development opportunities and a supportive environment where your analytical skills can directly impact our growth in the UK General Insurance market. Join us to be part of a forward-thinking team that values your contributions and fosters your career advancement while navigating the exciting challenges of the insurance landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Portfolio Analyst
✨Network Like a Pro
Get out there and connect with folks in the industry! Attend meetups, webinars, or even casual coffee chats. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your experience with SQL, Python, and any cool projects you've worked on. Let them see how you can bring value to their team.
✨Tailor Your Approach
Make sure to tailor your conversations to the specific role. Talk about your understanding of the UK General Insurance market and how you can help optimise underwriting strategies. This shows you’re not just another candidate; you’re the right fit!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about joining our team.
We think you need these skills to ace Lead Portfolio Analyst
Some tips for your application 🫡
Show Off Your Experience:Make sure to highlight your experience in the UK General Insurance market, especially if you've worked with high-frequency Motor Insurance products. We want to see how your background aligns with our needs, so don’t hold back!
SQL and Data Skills are Key:Since we’re looking for someone with expert-level SQL skills, be sure to showcase any relevant projects or experiences where you’ve used SQL for data extraction and manipulation. If you’ve dabbled in Python or R, mention that too!
Communicate Clearly:We value excellent communication skills, so when you write your application, make sure to articulate your analytical findings clearly. Remember, we need to understand how you can explain complex concepts to non-technical folks!
Don’t Sweat the Small Stuff:You don’t need to tick every box on our list, so if you’re missing a few qualifications, don’t let that stop you from applying! We’re all about learning and growth here at StudySmarter, so just be yourself and show us what you can bring to the table.
How to prepare for a job interview at Deepstreamtech
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of the UK General Insurance market, especially high-frequency Motor Insurance products. Be ready to discuss your experience and how you've built and optimised underwriting strategies in the past.
✨Show Off Your SQL Skills
Since expert-level proficiency in SQL is a must, prepare to demonstrate your ability to extract and manipulate data from large datasets. You might even want to practice some common SQL queries beforehand to feel confident during the interview.
✨Get Comfortable with Data Visualisation Tools
Familiarise yourself with PowerBI and/or Tableau, as these tools are crucial for the role. Think of examples where you've used these tools to create impactful visualisations or reports that helped drive decisions.
✨Communicate Complex Ideas Simply
You’ll need to articulate complex analytical findings to non-technical stakeholders, so practice explaining your past projects in simple terms. This will show your excellent communication skills and your ability to bridge the gap between technical and non-technical teams.
