At a Glance
- Tasks: Drive data-driven decisions and shape underwriting strategy in a tech-led environment.
- Company: Simply Business, a tech-savvy insurance company supporting small businesses.
- Benefits: Permanent position with competitive salary and opportunities for professional growth.
- Other info: Join a dynamic team with direct visibility and influence across the business.
- Why this job: Make a real impact on small businesses while working with innovative technology.
- Qualifications: Analytical skills and a passion for mentoring junior talent.
The predicted salary is between 54000 - 66000 £ per year.
Apply (by clicking the relevant button) after checking through all the related job information below.
hackajob is partnering directly with Simply Business to hire for this role.
Who Are We?
We insure small businesses and enable big dreams not just for our customers, but for our people and communities too.
With over 1,000,000 active insurance policies, we protect builders, bakers, landlords and more than 1,200 other trades.
Were a technology company as well as one that sells insurance.
That means we build, we fail, we learn and we improve.
Through our global social impact strategy, called 'The Big Dreams Project, we're working to help 10,000 small businesses start or grow by 2030.
Why not check out our advert on You
Tube: Simply Business TV advert 2024: 'Simply the Best'.
- Job Category
- Product
- Position Type
- Permanent
- Target Openings
What Is the Opportunity?
As an Underwriting Analyst in our MGA team in London, you will drive data-driven decision-making and shape the underwriting strategy for a fast-growing, tech-led business.
You will work directly with capacity providers, finance, and data engineering teams to influence high-level business performance, lead reserving and profit share calculations, and deliver direct commercial impact.
Unlike traditional analytics roles that operate in technical silos, this position offers direct commercial visibility and strategic influence across our business.
You will not only modernise our underwriting technology alongside data engineers and mentor junior talent, but you will also present key claims and sales trends directly to senior leadership and external partners.
As one of our Underwriting Analysts, youll
- Evaluate insurance product metrics to uncover underlying trends in claims and sales performance.
- Design and maintain accurate self-service data tools so the MGA team can access critical insights easily.
- Prepare and deliver comprehensive monthly management information and performance reports to external capacity providers.
- Calculate reserving requirements and profit share metrics in close collaboration with finance teams.
- Partner with data engineering to ensure incoming data streams are accurate, timely, and fit for purpose. xgikmsk
- Translate complex analytical findings into clear, actionable recommendations while coaching and developing junior colleagues.
Underwriting Analyst in Gloucester employer: Hackajob
Joining Google as a Security Platform Engineer in the UK Public Sector means becoming part of a dynamic and innovative team dedicated to delivering secure private cloud services for critical customers. With a strong emphasis on employee growth, you will have access to cutting-edge technology and collaborative opportunities that foster professional development. The inclusive work culture at Google encourages creativity and teamwork, making it an exceptional employer for those seeking meaningful and impactful work in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Analyst in Gloucester
✨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 Hackajob). 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 Hackajob. 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 Analyst in Gloucester
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 Hackajob.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hackajob. 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 Hackajob
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hackajob 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 Hackajob, 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 Hackajob'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.
