Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Analyse and enhance Schemes performance using data insights and collaboration.
- Company: Join a market-leading insurance company known for bespoke solutions.
- Benefits: Flexible working, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact on strategic decisions and drive profitable growth.
- Qualifications: Experience in data analysis, R, SQL, and Power BI required.
- Other info: Dynamic team environment with a focus on innovation and continuous improvement.
The predicted salary is between 36000 - 60000 £ per year.
We have a market leading reputation for producing bespoke solutions for niche customer groups managed by our broker partners. Within the wider Schemes team we deliver Schemes (Delegated Authorities and MGA) solutions across the UK retail business. You\’ll work across the existing portfolio of Schemes (and Delegated Authorities) business as well as analysing the impact of new Schemes opportunities. You\’ll work with the wider Schemes Team across underwriting, operations and sales delivering analytics and business insights to influence business decisions and drive the performance objectives of the Schemes business in support of our Active Performance and Portfolio Management ambitions. You will ensure alignment with the wider Hiscox UK business including, Pricing and Portfolio Management, the Insurance Analytics team and Underwriting & Distribution management, ensuring alignment with wider Hiscox UK strategy. You will report directly to the Schemes Sector Lead and you will have responsibility for influencing the design and delivering our performance and portfolio management strategy in support of driving improvement and profitable growth to schemes. You will play an integral part in realising our ambitions of growing the portfolio in line with our strategic plans.
In conjunction with the underwriting and Schemes Leadership team, and working closely with the analytics function, you will be designing and developing the data standards relevant for your sector
You will be using a combination of different visualisation tools to design and build the reporting suite to enable the Schemes Sector to actively monitor the performance and portfolio trends and produce on an ongoing basis our monthly and quarterly suite of reporting
You will be using your analytical skills to spot trends in the Schemes performance and provide insight and recommendations for changes to strategy in support of delivering on our strategic goals and profitable growth targets
Deploying analytical skills to assess new schemes opportunities, working in close collaboration with our Delivery Underwriters in support of our profitable growth ambitions and our service commitments
Support innovation and continuous improvement and look for opportunities to implement data, reporting and process improvements across Schemes Sector
Conduct data analysis to spot trends and recommend the necessary corrective action and opportunities for profitable growth within the existing portfolios in your sector
Working in conjunction with the wider data and portfolio analyst communities you will be responsible for the impact assessment of external datasets
Applying knowledge of the regulatory environment to all portfolio decisions and ensuring recommendations result in our customers being treated fairly and consistently in line with Hiscox values
Providing an independent review and recommendation for underwriting on large individual case underwritten risks
Complete all other relevant ad hoc data analysis including underwriting referral analysis and make recommendations for improvements
You will work closely with a wide range of interested stakeholders to deliver a consistent and accurate suite of reports across a wide range of business performance metrics including deal conversion and decline data, underwriting loss and combined ratio\’s, portfolio mix, claims frequency, large loss analysis etc.
Experience in a similar role, using your analytical skills to spot trends in performance and provide insight and recommendations for to drive performance and growth
Confident in the use of data analysis tools including R and SQL and data visualisation tools including Power BI
Proficient in applying analytical techniques to extract meaningful trends and make recommendations
Ability to make confident decisions in difficult and complex situations
Strong interpersonal skills and ability to operate in a collaborative environment
Excellent numerical, analytical and data manipulation skills
Results driven, ability to make decisions and operate on own initiative
Ability to execute and influence at all levels both internally and externally
Open to new ideas, innovation and educated risk taking
Excellent communication skills with ability to articulate the complex to technical and non-technical audiences
Diversity and flexible working at Hiscox
#J-18808-Ljbffr
Schemes Portfolio Analyst employer: Hiscox Inc.
Contact Detail:
Hiscox Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Schemes Portfolio Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to the Schemes team. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Show off your analytical skills! Prepare to discuss how you've used data analysis tools like R and SQL in past roles. Bring examples of how your insights led to real business improvements.
✨Tip Number 3
Be ready to collaborate! Highlight your experience working with cross-functional teams. The more you can demonstrate your ability to work with underwriting, operations, and sales, the better.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in being part of the Hiscox family.
We think you need these skills to ace Schemes Portfolio Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Schemes Portfolio Analyst role. Highlight your analytical skills and experience with data visualisation tools like R, SQL, and Power BI. We want to see how your background aligns with our goals!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the Schemes sector and how you can contribute to our performance and portfolio management strategy. Keep it engaging and relevant to the job description.
Showcase Your Analytical Skills: In your application, be sure to showcase specific examples of how you've used your analytical skills to spot trends and drive performance in previous roles. We love seeing real-life applications of your expertise!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining the StudySmarter team!
How to prepare for a job interview at Hiscox Inc.
✨Know Your Data Tools
Make sure you brush up on your skills with data analysis tools like R and SQL, as well as visualisation tools like Power BI. Be ready to discuss how you've used these tools in past roles to spot trends and drive performance.
✨Understand the Schemes Landscape
Familiarise yourself with the current Schemes and Delegated Authorities landscape. Research Hiscox's approach and be prepared to discuss how you can contribute to their strategic goals and profitable growth targets.
✨Prepare for Scenario Questions
Expect questions that assess your analytical thinking and decision-making skills. Prepare examples of how you've tackled complex situations in the past, especially those involving data analysis and stakeholder collaboration.
✨Showcase Your Communication Skills
Since you'll be working with various stakeholders, practice articulating complex data insights in a clear and concise manner. Think of examples where you've successfully communicated technical information to non-technical audiences.
