Business Development Analyst

Business Development Analyst

Full-Time 50000 - 60000 £ / year (est.) No working from home possible
Dormont Manufacturing Co

At a Glance

  • Tasks: Analyse market data and develop client strategies to drive growth in reinsurance.
  • Company: Join Everest Advisors, a global leader in risk management with a strong heritage.
  • Benefits: Inclusive work environment, professional development, and opportunities for community support.
  • Other info: Encourages diverse applicants and offers accommodations throughout the hiring process.
  • Why this job: Be part of a dynamic team driving innovation and making a real impact in the industry.
  • Qualifications: 3-5 years in insurance or reinsurance, strong analytical skills, and a relevant degree.

The predicted salary is between 50000 - 60000 £ per year.

About Everest

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world. This is an exciting opportunity to join Everest Re Zurich Branch or London Branch at a time when it is looking to expand its scale and product offering in the market.

Our strength is in our people

At Everest, we believe that our future is determined by the actions we take today. Actions that go beyond business strategy and encompass the values important to our employees and the communities in which we operate. Everest’s value commitments include providing an inclusive work environment that offers employees the opportunity to further their development, supporting our communities through the donation of time and financial resources, maintaining our integrity across all aspects of the group, and being an industry innovator to solve global complex risks.

Role Purpose

Together with the Account Executives implement strategic decisions and further develop our relationship with our main clients in Everest International Reinsurance Division (EMEA, Asia and LatAm). Develop client strategies and identify new areas of growth by analyzing publicly available information like market, financial and solvency reports. Preparing material on our product offering. Assist deal management, ensuring data availability, efficient workflow of information and systems consistency for reporting.

Key Accountabilities

  • Collaborate with Everest Underwriters around the globe to define an overarching client approach.
  • Take an active role in strategic projects of Everest´s International Reinsurance Division to further grow the portfolio and to drive innovation.
  • Perform analysis of key data and publicly available information to assist the Head of Strategic Reinsurance and Partnerships in defining and executing a client strategy for our main clients and to select target clients for our transactional business.
  • Collect market intelligence to identify new business opportunities around Strategic Reinsurance Solutions.
  • Create main clients’ dashboards and prepare client reports and presentations to support client and broker meetings.
  • Prepare pitching and training material on Everest Re Structured Reinsurance Solutions to increase Everest´s footprint in this business segment.
  • Support strategic reinsurance team in management of active transactions.

Skills & Competencies

  • 3 – 5 years’ experience in the insurance or reinsurance industry, with exposure to underwriting challenges.
  • Strategic thinker with excellent analytical skills.
  • Good understanding of financial and regulatory reports of insurance companies, including Solvency II framework.
  • Ability to assimilate quickly large amounts of information with a view to formulating corresponding business recommendations.
  • Good project management skills.
  • Keen to work in cross-functional & cross-cultural teams.
  • University degree: Master of Business Administration, Mathematics, Science.
  • Proficient in English, other languages an advantage.

What if I don’t meet every requirement?

At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.

Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work:

  • Talent.
  • Thoughtful assumption of risk.
  • Execution.
  • Efficiency.
  • Humility.
  • Leadership.
  • Collaboration.
  • Inclusion and Belonging.

Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function:

  • Respect everyone.
  • Pursue better.
  • Lead by example.
  • Own our outcomes.
  • Win together.

Type: Regular

Time Type: Full time

Primary Location: London

Additional Locations: Zurich, Switzerland

Business Development Analyst employer: Dormont Manufacturing Co

Everest Advisors (UK), Ltd. is an exceptional employer that prioritises the growth and development of its employees within a dynamic and inclusive work environment. With a strong commitment to community impact and innovation, employees are encouraged to collaborate across cultures and functions, ensuring meaningful contributions to both personal and professional growth. Located in London, this role offers the unique opportunity to be part of a global leader in risk management, where your insights can directly influence strategic decisions and drive the company's expansion in the reinsurance market.

Dormont Manufacturing Co

Contact Details:

Dormont Manufacturing Co Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Development Analyst

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Dormont Manufacturing Co. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Business Development Analyst

Analytical Skills
Strategic Thinking
Understanding of Financial Reports
Knowledge of Solvency II Framework
Project Management Skills
Market Intelligence Gathering
Data Analysis

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Dormont Manufacturing Co.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Dormont Manufacturing Co's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Dormont Manufacturing Co

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Dormont Manufacturing Co.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Dormont Manufacturing Co will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Dormont Manufacturing Co employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.