At a Glance
- Tasks: Own data quality, create insightful reports, and collaborate with diverse teams.
- Company: Join a leading Lloyd's managing agent with a focus on innovation.
- Benefits: Permanent contract with a competitive salary of up to £42k.
- Other info: Dynamic role with opportunities for professional growth and market knowledge.
- Why this job: Transform data into insights and build valuable relationships in the insurance sector.
- Qualifications: Experience in a Lloyd's Syndicate and proficiency in PowerBI or SQL.
The predicted salary is between 42000 - 42000 £ per year.
We are working with a Lloyd's managing agent to find an Underwriting Operations Analyst for their Operations function. This role blends data, controls and reporting responsibilities, working closely with Syndicate Leadership, Actuarial, Finance and Compliance to keep underwriting data accurate and Lloyd's reporting on track. It's a strong fit for someone who enjoys turning data into insight and building relationships across a broad stakeholder base. Please note the role carries no authority to underwrite or settle claims on behalf of the Syndicate.
Responsibilities:
- Take ownership of data quality across underwriting systems, running validation, reconciliation and quality assurance checks and getting to the root cause of recurring discrepancies.
- Monitor adherence to Individual Underwriting Authorities and the Syndicate's Premium controls, feeding results into quarterly committee presentations and helping evolve the control framework alongside the Group Head of Controls.
- Build and maintain the Syndicate's PowerBI-based Underwriting MI, working with the Data Management team to keep it sharp and relevant for Syndicate Leadership.
- Pull together quarterly Underwriting MI packs, complete with commentary, for internal committees and governance groups.
- Coordinate with Actuarial, Finance and Compliance to prepare and submit Non-Financial Lloyd's and Regulatory Returns (PMDR, RRQ, Non-XIS, ATIA, Gareat, CIRC, TRIA among others), checking outputs with senior stakeholders before submission deadlines.
- Spot opportunities to reduce manual work and improve data quality, writing up requirements to support new processes, controls and automation.
- Act as a go-between for underwriters, finance, claims, compliance, reserving, delegated authority and technology teams, keeping issues moving and requirements clearly understood on both sides.
Requirements:
- Background working within a Lloyd's Syndicate.
- Confident with PowerBI, SQL or similar data visualisation tools.
- Strong Excel skills.
- A naturally analytical mindset, comfortable pulling together and presenting data from multiple sources.
- Well organised, with the ability to juggle competing deadlines under pressure.
- Strong relationship builder, equally comfortable with internal teams and external contacts.
- Clear communicator who works well as part of a team.
- Genuine appetite to grow your Lloyd's market knowledge through ongoing training.
Benefits:
- Length: Permanent contract.
- Salary: up to £42k.
Underwriting Operations Analyst employer: G MASS Consulting
G MASS Consulting is an excellent employer that values autonomy and innovation, providing a dynamic work environment where you can significantly impact non-financial returns processes. With a strong focus on employee growth, we offer opportunities for professional development and a hybrid working model that promotes work-life balance. Join us in our London office to be part of a collaborative culture that prioritises excellence and continuous improvement.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Operations Analyst
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We think you need these skills to ace Underwriting Operations Analyst
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 G MASS Consulting.
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 G MASS Consulting'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 G MASS Consulting
✨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 G MASS Consulting.
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✨Show Your Passion for Finance
Since this is a full-time position, employers at G MASS Consulting 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 G MASS Consulting 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.
