Ceded Re Analyst in London

Ceded Re Analyst in London

London Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
exl

At a Glance

  • Tasks: Support design and administration of ceded reinsurance programmes with cross-functional teams.
  • Company: Join EXL, a global leader in data and AI solutions.
  • Benefits: Competitive salary, private healthcare, bonuses, and professional development opportunities.
  • Other info: Flexible hybrid working model and commitment to diversity.
  • Why this job: Make an impact in the reinsurance market while developing your analytical skills.
  • Qualifications: 3 years in reinsurance or insurance, strong analytical and Excel skills required.

The predicted salary is between 40000 - 50000 £ per year.

EXL (NASDAQ: EXLS) is a global data and artificial intelligence ("AI") company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 60,000 employees spanning six continents.

We are seeking a Ceded Reinsurance Analyst with around 3 years of experience to support the design, placement and administration of ceded reinsurance programmes. Working closely with Placement Officers and cross-functional teams including Underwriting, Actuarial, Claims, Analytics, Legal, Operations, Brokers and Reinsurers, you will contribute to portfolio optimisation, risk management and successful reinsurance renewals. This role is well suited to someone with strong analytical skills, excellent attention to detail, the ability to manage large datasets, and a desire to develop their expertise within the reinsurance market.

As part of your duties, you will be responsible for:

  • Approximately 3 years' experience within reinsurance, insurance, or the London Market, ideally with exposure to ceded reinsurance.
  • Strong analytical skills with the ability to manipulate and interpret large datasets to produce meaningful insights and recommendations.
  • Good quantitative and qualitative analysis skills with excellent attention to detail.
  • Strong Microsoft Excel skills. Experience with data analysis and reporting tools is advantageous.
  • An interest in developing a strong understanding of the reinsurance market, including contract wordings, market trends and placement processes.
  • Excellent verbal and written communication skills, with the ability to build effective relationships across a range of internal and external stakeholders.
  • Strong organisational skills with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • A collaborative team player who is proactive, willing to share knowledge and continuously improve processes.
  • Good negotiation and stakeholder management skills.
  • High level of accuracy, professionalism and personal accountability.

Qualifications and experience we consider to be essential for the role:

  • Experience working within the London Market or a specialty insurance environment.
  • Exposure to ceded reinsurance placements, treaty or facultative reinsurance.
  • Familiarity with reinsurance concepts, contract structures and policy wordings.
  • Experience preparing submission packs, renewal documentation and management information (MI).
  • Experience maintaining reinsurance data and systems of record.
  • Experience working with brokers, underwriters and cross-functional teams including Actuarial, Claims, Operations or Analytics.
  • Exposure to process improvement initiatives, automation or technology-driven projects.
  • Intermediate to advanced Microsoft Excel skills, including PivotTables, Power Query and data analysis.
  • Experience using reporting or data visualisation tools such as Power BI or Tableau is advantageous.
  • Progress towards a relevant insurance or risk management qualification is desirable.

As part of a leading global analytics and digital solutions company, you can look forward to:

  • A competitive salary with a generous bonus, private healthcare, critical illness life assurance at 4 x your annual salary, income protection insurance, and a rewarding pension.
  • EXL provides everyday financial well-being solutions, such as cash back cards, in which you can earn cashback while enjoying discounts, promotions, and offers from top retailers.
  • We also offer a Cycle Scheme where you can save money on bikes and cycling accessories.
  • At EXL, we are committed to providing our employees with the tools and resources they need to succeed and excel in their careers.
  • We offer a wide range of professional and personal development opportunities.
  • We also support a range of learning initiatives that allow our employees to build on their existing skills and knowledge.
  • From online courses to seminars and workshops, our employees can enhance their skills and stay up to date with the latest trends and technologies.

As an Equal Opportunity Employer, EXL is committed to diversity. Our company does not discriminate based on race, religion, colour, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, age, or disability status. EXL employees are eligible to purchase stock as part of our Employee Stock Purchase Plan (ESPP). At EXL, we offer a flexible hybrid working model that allows employees to live a balanced, healthy lifestyle while strengthening our culture of collaboration.

To be considered for this role, you must already be eligible to work in the United Kingdom.

Ceded Re Analyst in London employer: exl

EXL is an exceptional employer that prioritises innovation, collaboration, and employee growth within a dynamic work environment in London. With a competitive salary, comprehensive benefits including private healthcare and a generous pension plan, as well as a commitment to professional development through various learning initiatives, EXL empowers its employees to thrive in their careers while enjoying a flexible hybrid working model. The company's dedication to diversity and inclusion further enhances its reputation as a rewarding place to work.

exl

Contact Details:

exl Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Ceded Re Analyst in London

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 exl. 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 Ceded Re Analyst in London

Analytical Skills
Attention to Detail
Data Manipulation
Microsoft Excel
Data Analysis
Communication Skills
Organisational Skills

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 exl.

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 exl'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 exl

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 exl.

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 exl 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 exl 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.