Underwriting Analyst in London

Underwriting Analyst in London

London Full-Time 35000 - 45000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Analyse data to forecast financial performance and support key business decisions.
  • Company: Fast-growing company with a focus on inclusivity and employee satisfaction.
  • Benefits: Competitive salary, generous leave, health cash plan, and car leasing options.
  • Other info: Exciting career growth opportunities in a supportive environment.
  • Why this job: Join a dynamic team and make a real impact on warranty products.
  • Qualifications: Analytical background with strong numerical and Excel skills.

The predicted salary is between 35000 - 45000 £ per year.

Are you an analyst who enjoys working with data to analyse and forecast financial performance and support critical business decisions? If so, this could be a great opportunity for you. Domestic & General is a fast-growing business operating in 14 different countries. We impact our customer's lives by protecting the appliances at the heart of every home and reduce waste by extending the life of everyday appliances and devices.

We are committed to being a fantastic place to work and have gained recognition for this and our focus on inclusivity, in a number of awards and programmes.

Key Responsibilities:

As an Underwriting Analyst, you will be responsible for maximising the profitability and exceeding internal budgets for our warranty business. You will report, forecast and manage the profitability of new and existing lines of warranty business across corporate and consumer products and will deliver insights that shape pricing decisions.

  • Managing a portfolio of warranty products and accounts and analysing their performance against cost and margin targets.
  • Setting viable pricing structures for new and existing warranty business.
  • Ensuring pricing, commercial arrangements and product design of warranty business deliver against cost and target margins, through accurate costing and modelling.
  • Producing long-term projections of expected performance.
  • Assessing and advising on warranty product risk.
  • Liaising with all commercial areas of the D&G business to deliver profitable warranty products.
  • Applying appropriate regulatory requirements including GDPR.
  • Developing and delivering creative solutions to complex warranty design problems.
About You

We would love to hear from you if you can demonstrate the following:

  • Background in an analytical role where you have worked with financial models.
  • Knowledge of budgeting, forecasting and pricing processes.
  • Strong numerical skills and a passion for working with data.
  • Strong Excel skills and the ability to work with complex data sets.
  • Strong SQL and data manipulation skills.
  • Strong communication skills and the ability to work independently whilst collaborating with different teams across the business.
We offer lots of great benefits!

Some of which include:

  • Competitive salary and annual discretionary bonus.
  • 25 days annual leave plus bank/public holidays, as well as an annual option to buy up to 5 additional days of annual leave.
  • Life assurance – employer funded cover of 4x basic salary.
  • Health cash plan – employer funded cover to enable you to claim money back on essential healthcare costs, including dental, optical, physiotherapy and many more. Cover also includes unlimited access to a 24/7 virtual GP service.
  • Attractive company pension scheme.
  • Car Leasing – access to a carbon neutral salary sacrifice car leasing scheme, with an all-inclusive monthly cost covering all charge, taxes, insurance, repairs and maintenance on a range of brand-new vehicles.
  • Cycle to Work – tax efficient bike and cycling equipment worth up to £1,000.
  • Employee Assistance Programme – specialist advice and support on issues such as finance, relationships, illness and family issues.
  • Free Domestic & General protection plan – one free plan each year with access to discounted rates of up to 50% on additional plans, including referrals for family and friends.

Domestic & General are an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status.

Please note that we have a thorough referencing process, which includes criminal record.

At Domestic & General, we are proud of our 100-year legacy and excited about our future growth plans. We are expanding our horizons, entering new markets and territories internationally and we need your expertise to help us on the journey.

Underwriting Analyst in London employer: Domestic & General

Domestic & General is an exceptional employer, offering a dynamic work environment in Wimbledon where innovation and inclusivity thrive. As an Underwriting Analyst, you will benefit from a competitive salary, generous annual leave, and a comprehensive health cash plan, all while contributing to a company dedicated to extending the life of essential home appliances. With a strong focus on employee growth and development, you will have the opportunity to collaborate across teams and shape critical business decisions in a fast-growing international setting.
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Contact Detail:

Domestic & General Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Analyst in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by practising common questions and scenarios related to underwriting analysis. We recommend doing mock interviews with friends or using online resources to boost your confidence.

✨Tip Number 3

Showcase your analytical skills during interviews. Bring examples of how you've used data to make decisions or improve processes in previous roles. This will help you stand out as a candidate who can deliver insights that shape pricing decisions.

✨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, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Underwriting Analyst in London

Data Analysis
Financial Modelling
Budgeting
Forecasting
Pricing Strategies
Numerical Skills
Excel
SQL
Data Manipulation
Communication Skills
Problem-Solving Skills
Regulatory Compliance (GDPR)
Portfolio Management
Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Underwriting Analyst role. Highlight your analytical skills, experience with financial models, and any relevant data manipulation expertise. We want to see how your background aligns with 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 the role and how your skills can contribute to our team. Be sure to mention specific experiences that relate to budgeting, forecasting, and pricing processes.

Show Off Your Data Skills: Since this role involves working with complex data sets, make sure to showcase your strong Excel and SQL skills in your application. We love seeing examples of how you've used these tools to drive insights or improve processes in previous roles.

Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you'll be able to keep track of your application status. Plus, we love seeing candidates who take the initiative to connect with us directly!

How to prepare for a job interview at Domestic & General

✨Know Your Numbers

As an Underwriting Analyst, you'll be working with financial models and data. Brush up on your numerical skills and be ready to discuss how you've used data to drive decisions in previous roles. Prepare examples that showcase your analytical prowess.

✨Master Excel and SQL

Strong Excel and SQL skills are a must for this role. Before the interview, practice using complex functions and data manipulation techniques. Be prepared to answer questions about how you've used these tools to analyse performance or forecast results.

✨Understand Pricing Strategies

Since you'll be setting pricing structures, it’s crucial to understand different pricing strategies. Familiarise yourself with concepts like cost-plus pricing and value-based pricing. Bring examples of how you've contributed to pricing decisions in the past.

✨Communicate Clearly

Strong communication skills are essential for liaising with various teams. Practice explaining complex data insights in simple terms. During the interview, demonstrate your ability to collaborate and share ideas effectively, as this will be key in your role.

Underwriting Analyst in London
Domestic & General
Location: London

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