Underwriting Analyst – 28849
Underwriting Analyst – 28849

Underwriting Analyst – 28849

London Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage claims, premium, and exposure data while ensuring compliance with underwriting guidelines.
  • Company: Join a leading social network focused on innovative insurance solutions.
  • Benefits: Enjoy flexible working options and access to corporate perks.
  • Why this job: Be part of a dynamic team that values data analysis and offers growth opportunities.
  • Qualifications: Undergraduate degree in maths, economics, or related fields; pursuing ACII preferred.
  • Other info: Ideal for those passionate about the insurance market and data management.

The predicted salary is between 28800 - 43200 £ per year.

Overview

Key Duties (Including but not limited to):

  • This role is responsible for Claims/Premium/Exposure bordereaux management and reporting.
  • Ongoing bordereaux, data and performance analysis, as well as making sure all facility underwriting guidelines and mandates are being adhered to
  • Making sure all internal data is in line with and as up to date as possible given the situation for each facility
  • Assist in the preparation of reports for coverholder and binding authority performance monitoring
  • Qualifications required:

  • Undergraduate Degree with preference for maths/economics/statistics/sciences
  • Working towards a Professional Qualification/ACII preferred
  • Experience required:

  • General insurance market knowledge with emphasis on delegated underwriting market experience across Lloyd’s or company market, underwriting or broking
  • Strong analytical and data management skills
  • Advanced MS Excel
  • Underwriting Analyst – 28849 employer: Emerald Group Ltd.

    As an Underwriting Analyst at our esteemed firm, you will thrive in a dynamic work culture that prioritises collaboration and innovation. We offer comprehensive benefits, including professional development opportunities to support your growth towards achieving your ACII qualification, all while being part of a team that values data-driven decision-making in the heart of the insurance market.
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    Contact Detail:

    Emerald Group Ltd. Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Underwriting Analyst – 28849

    Tip Number 1

    Familiarise yourself with the key duties of the Underwriting Analyst role. Understanding bordereaux management and reporting will help you speak confidently about your relevant experience during interviews.

    Tip Number 2

    Network with professionals in the insurance industry, especially those with experience in delegated underwriting. This can provide you with insights and potentially valuable connections that could lead to job opportunities.

    Tip Number 3

    Stay updated on the latest trends and regulations in the insurance market, particularly within Lloyd’s. This knowledge will not only enhance your understanding but also demonstrate your commitment to the field during discussions.

    Tip Number 4

    Consider joining relevant professional groups or forums where you can engage with others in the underwriting space. This can help you gain insights into the role and may even lead to referrals for job openings.

    We think you need these skills to ace Underwriting Analyst – 28849

    Analytical Skills
    Data Management
    Performance Analysis
    Bordereaux Management
    Report Preparation
    Attention to Detail
    Knowledge of Underwriting Guidelines
    General Insurance Market Knowledge
    Delegated Underwriting Experience
    Mathematical Proficiency
    Statistical Analysis
    Communication Skills
    Problem-Solving Skills
    Proficiency in Excel and Data Analysis Tools

    Some tips for your application 🫡

    Understand the Role: Read the job description thoroughly to understand the key duties and qualifications required for the Underwriting Analyst position. Tailor your application to highlight relevant skills and experiences that align with these requirements.

    Highlight Analytical Skills: Since strong analytical and data management skills are crucial for this role, make sure to provide specific examples in your CV and cover letter that demonstrate your proficiency in these areas. Use metrics or outcomes to showcase your impact.

    Showcase Relevant Experience: If you have experience in the general insurance market or delegated underwriting, be sure to detail this in your application. Mention any specific projects or responsibilities that relate to claims, premium, or exposure bordereaux management.

    Professional Qualifications: If you are working towards a Professional Qualification such as ACII, mention this in your application. Highlight any relevant coursework or training that supports your candidacy for the Underwriting Analyst role.

    How to prepare for a job interview at Emerald Group Ltd.

    Know Your Numbers

    As an Underwriting Analyst, you'll be dealing with a lot of data. Brush up on your maths and statistics skills, and be prepared to discuss how you've used these in previous roles. Highlight any specific examples where your analytical skills made a difference.

    Understand the Industry

    Familiarise yourself with the general insurance market, especially the delegated underwriting market. Be ready to discuss current trends and challenges in the industry, as well as how they might impact the role you're applying for.

    Showcase Your Reporting Skills

    Since the role involves preparing reports for performance monitoring, be prepared to talk about your experience with reporting tools and techniques. Bring examples of reports you've created or contributed to, and explain how they were used to drive decisions.

    Ask Insightful Questions

    Prepare thoughtful questions to ask at the end of your interview. This shows your interest in the role and the company. Consider asking about the company's approach to data management or how they ensure compliance with underwriting guidelines.

    Underwriting Analyst – 28849
    Emerald Group Ltd.
    Location: London
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