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- Tasks: Support underwriting operations and monitor cover holders while preparing insightful reports.
- Company: Specialist insurance organisation with a focus on career development.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on process improvement and audits.
- 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
- Hands on experience with policy administration systems process
Operations Analyst in London employer: Insight Select
Contact Detail:
Insight Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector, especially those with experience in the Lloyd’s market. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of underwriting operations. We recommend practising common interview questions and having examples ready that showcase your analytical skills and attention to detail.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your career goals. Use our website to find roles that excite you and match your experience in operations within the insurance sector.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Operations Analyst in London
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 underwriting operations and how you can contribute to our team.
Showcase Your Achievements: When detailing your past roles, focus on your achievements rather than just responsibilities. 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
✨Know Your Insurance Stuff
Make sure you brush up on your Lloyd’s and London Market insurance knowledge. Be ready to discuss specific experiences you've had in underwriting operations, as this will show your expertise and confidence in the field.
✨Showcase Your Analytical Skills
Prepare examples that highlight your strong analytical and investigative skills. Think of situations where you’ve used data to drive decisions or improve processes, as this is crucial for the role.
✨Build Rapport with Interviewers
Since building effective working relationships is key, practice how you can connect with your interviewers. Be personable and engage them with questions about their team and projects, showing your interest in collaboration.
✨Prepare for Regulatory Questions
Familiarise yourself with Lloyd’s-related requirements and any recent regulatory changes. Being able to discuss these topics will demonstrate your proactive approach and understanding of the operational landscape.