At a Glance
- Tasks: Analyse underwriting performance and produce insightful reports to drive business strategy.
- Company: Join a leading Lloyd’s Insurer with a high-performing analytics team.
- Benefits: Competitive salary, professional development, and collaborative work environment.
- Other info: Opportunity for continuous improvement and career growth in a dynamic field.
- Why this job: Make a real impact by driving performance insights in the insurance sector.
- Qualifications: 2-5 years in insurance analytics and strong understanding of underwriting performance.
The predicted salary is between 45000 - 55000 £ per year.
We are supporting a Lloyd’s Insurer in the search for an Underwriting Performance Analyst to join a high-performing analytics function. This role will focus on delivering insightful underwriting performance analysis while also offering exposure to actuarial concepts and collaboration with actuarial teams.
Responsibilities
- Analyse underwriting performance across portfolios, identifying trends, risks, and opportunities to support business strategy.
- Produce and enhance underwriting performance reports and dashboards for internal stakeholders and Lloyd’s reporting requirements.
- Support the monitoring and development of underwriting controls, ensuring alignment with internal governance and regulatory standards.
- Partner closely with actuarial teams to incorporate pricing, reserving, and profitability insights into performance analysis.
- Assist in the development and refinement of KPIs and performance metrics across underwriting lines.
- Contribute to business planning, forecasting, and portfolio optimisation initiatives.
- Support data quality improvement initiatives and ensure consistency across underwriting and actuarial data sources.
- Assist with audit and validation processes, including preparation of supporting documentation and analysis.
- Drive continuous improvement in reporting processes, tools, and analytics capabilities (e.g. Power BI).
- Collaborate with underwriting, actuarial, finance, and compliance teams to deliver cohesive performance insights.
Qualifications & Skills
- 2–5 years’ experience within the Lloyd’s market or wider insurance sector.
- Experience in underwriting analytics, performance analysis, or actuarial support functions.
- Exposure to actuarial concepts such as pricing, reserving, or loss ratio analysis (formal actuarial exams advantageous but not required).
- Strong understanding of underwriting performance drivers and portfolio analytics.
- Experience with Power BI or similar visualisation tools preferred.
Underwriting Performance Analyst in Birmingham employer: Edenbrook
Join a leading Lloyd’s Insurer as an Underwriting Performance Analyst, where you will be part of a dynamic analytics team dedicated to driving insightful performance analysis. Our company fosters a collaborative work culture that values continuous improvement and professional growth, offering opportunities to engage with actuarial concepts and enhance your analytical skills. Located in a vibrant city, we provide a supportive environment that prioritises employee development and innovation, making it an excellent place for those seeking meaningful and rewarding careers in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Performance Analyst in Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in the Lloyd’s market or insurance sector on LinkedIn. A friendly message can go a long way, and you never know who might have the inside scoop on job openings.
✨Tip Number 2
Show off your skills! If you’ve got experience with Power BI or similar tools, create a portfolio showcasing your best work. This will help you stand out during interviews and demonstrate your analytical prowess.
✨Tip Number 3
Prepare for those interviews! Brush up on underwriting performance drivers and be ready to discuss how you can contribute to business strategy. Practising common interview questions can help you feel more confident.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, it’s a great way to ensure your application gets seen by the right people.
We think you need these skills to ace Underwriting Performance Analyst in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriting Performance Analyst role. Highlight your experience in underwriting analytics and any exposure to actuarial concepts. We want to see how your skills align 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 this role and how your background fits. Don’t forget to mention any specific projects or achievements that showcase your analytical skills.
Showcase Your Technical Skills:Since this role involves tools like Power BI, make sure to highlight your experience with visualisation tools. If you've worked on any relevant projects, give us the details! We love seeing how you can bring data to life.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. We can't wait to hear from you!
How to prepare for a job interview at Edenbrook
✨Know Your Numbers
Make sure you brush up on your underwriting performance metrics and analytics. Be ready to discuss specific examples of how you've analysed trends or identified risks in previous roles. This will show that you understand the key drivers of performance in the insurance sector.
✨Familiarise with Actuarial Concepts
Since this role involves collaboration with actuarial teams, it’s a good idea to have a basic understanding of pricing, reserving, and loss ratios. Even if you haven’t taken formal actuarial exams, being able to speak about these concepts will demonstrate your commitment and readiness to engage with the team.
✨Showcase Your Reporting Skills
Prepare to discuss your experience with reporting tools like Power BI. Bring examples of dashboards or reports you've created that highlight your ability to present data clearly and effectively. This will help illustrate your capability to enhance underwriting performance reports.
✨Emphasise Collaboration
This role requires working closely with various teams, so be prepared to share examples of how you've successfully collaborated in the past. Highlight any experiences where you partnered with underwriting, actuarial, or finance teams to deliver insights or improve processes.
