At a Glance
- Tasks: Support underwriting governance and ensure compliance across Personal Lines products.
- Company: Join a dynamic team in a largely remote role with a focus on innovation.
- Benefits: Enjoy flexible working, competitive salary, and opportunities for professional growth.
- Other info: Great chance to develop your career in a supportive and evolving environment.
- Why this job: Make a real impact by enhancing underwriting practices and collaborating with diverse teams.
- Qualifications: Experience in UK general insurance underwriting and strong analytical skills required.
The predicted salary is between 63000 - 77000 £ per year.
This role is largely remote. We are seeking an Underwriting Services Analyst to support underwriting governance, controls and standards across Personal Lines products. Working closely with key stakeholders, the role monitors controls, maintains documentation, supports regulatory requirements, and provides technical underwriting support to ensure consistent, compliant and effective underwriting practices.
Key Accountabilities & Responsibilities:
- Support the development and maintenance of underwriting governance frameworks, policies, standards, controls and technical documentation, ensuring accuracy, consistency and regulatory compliance.
- Monitor underwriting controls and performance, conduct analysis, identify trends, risks and improvement opportunities, and support root cause investigations and corrective actions.
- Assist with audits, reviews, control testing, risk assessments, Consumer Duty and Fair Value monitoring, escalating issues where appropriate.
- Produce governance reports, management information and capacity provider reporting, ensuring data is accurate, complete and reliable.
- Support the management of delegated authority arrangements, underwriting agreements and capacity provider review requirements.
- Provide technical underwriting support across Motor and Household products, including underwriting rules, acceptance criteria, referral processes and risk appetite frameworks.
- Work collaboratively with Underwriting, Pricing, Product, Risk, Compliance, Claims and Operations teams to support business objectives, change initiatives and underwriting developments.
- Contribute to continuous improvement activities that enhance underwriting effectiveness, governance, controls, operational processes and best practice across the business.
Skills, Experience & Knowledge:
- Experience within UK general insurance underwriting, underwriting support or technical operations, with knowledge of Motor and/or Household products.
- Strong understanding of underwriting processes, controls, governance and regulatory requirements, including Consumer Duty and product governance principles.
- Proven analytical, problem-solving and reporting skills, with experience producing and interpreting management information.
- Excellent organisational, communication and stakeholder management skills, with the ability to work effectively across multiple business functions.
- Proficiency in Microsoft Excel, reporting tools and underwriting systems.
- Experience supporting audits, governance reviews, control frameworks or delegated authority arrangements is desirable.
- CII qualifications, or progress towards them, would be advantageous.
Underwriting Services Analyst employer: Gerrard White
Join a prestigious Legal 500-ranked law firm in Bristol, where you will be part of a dynamic Private Client team known for its exceptional client service and expertise in wealth management. With a competitive salary, flexible working arrangements, and clear pathways for professional development, this role offers a unique opportunity to grow your career while making a meaningful impact on clients' lives in a supportive and collaborative environment.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Services Analyst
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Gerrard White). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Gerrard White. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriting Services Analyst
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Gerrard White.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Gerrard White. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Gerrard White
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Gerrard White to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Gerrard White, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Gerrard White's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
