At a Glance
- Tasks: Support underwriting operations and monitor performance for insurance arrangements.
- Company: Specialist insurance organisation with a focus on career development.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Great chance to build relationships across various teams and improve processes.
- Why this job: Join a dynamic team and enhance your skills in the insurance sector.
- Qualifications: 5+ years in operations with strong analytical skills and insurance experience.
The predicted salary is between 60000 - 70000 £ per year.
A specialist insurance organisation is seeking an experienced Underwriting Operations Analyst. This is an excellent opportunity for someone with strong Lloyd’s market or London Market insurance experience looking to further develop their career within operations and oversight.
Responsibilities:
- Support new and renewing arrangements, including cover holder applications and due diligence processes
- Support oversight and monitoring activities for cover holders, MGAs, service companies, consortiums, lineslips, and delegated claims administrators
- Prepare reporting, KPIs, and performance insights for underwriting and operational stakeholders
- Coordinate audit planning and follow-up activity across delegated authority arrangements
- Assist with regulatory and market returns, including Lloyd’s-related requirements
- Build effective working relationships across underwriting, compliance, and operational teams
- Provide support on internal audits, process improvements, and ad hoc delegated authority projects
Skills:
- 5+ years’ experience working within an Operations role within the insurance sector
- Lloyd’s market or London Market insurance experience
- Strong analytical and investigative skills with excellent attention to detail
Operations Analyst employer: Insight Select Ltd
Contact Detail:
Insight Select Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector, especially those with experience in the Lloyd’s or London Market. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of underwriting operations. Be ready to discuss your past experiences and how they relate to the responsibilities listed in the job description. We want to see you shine!
✨Tip Number 3
Don’t forget to showcase your analytical skills! Bring examples of how you’ve used data to drive decisions or improve processes in your previous roles. This will help us see your value as an Operations Analyst.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Operations Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Operations Analyst role. Highlight your experience in the Lloyd’s or London Market insurance sector, and don’t forget to showcase those analytical skills we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific experiences that relate to the responsibilities listed in the job description.
Showcase Your Achievements: When detailing your past roles, focus on your achievements rather than just duties. Use metrics where possible to demonstrate your impact, especially in areas like reporting and performance insights.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Insight Select Ltd
✨Know Your Insurance Stuff
Make sure you brush up on your Lloyd’s and London Market insurance knowledge. Familiarise yourself with recent trends, regulations, and key players in the market. This will not only show your expertise but also demonstrate your genuine interest in the role.
✨Prepare for Scenario Questions
Expect to be asked about specific situations you've faced in your previous roles. Think of examples where you've supported new arrangements or improved processes. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.
✨Show Off Your Analytical Skills
Since the role requires strong analytical abilities, be ready to discuss how you've used data to drive decisions in past positions. Bring examples of reports or KPIs you've prepared and explain how they impacted your team or organisation.
✨Build Rapport with Interviewers
Remember, it's not just about what you know, but also how you connect with others. Be friendly, engage with your interviewers, and ask insightful questions about their teams and projects. This will help you stand out as a candidate who can build effective working relationships.