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- Tasks: Support underwriting operations and enhance processes for insurance arrangements.
- Company: Specialist insurance organisation with a focus on career development.
- Benefits: Competitive salary, hybrid working, and bonus opportunities.
- Other info: Great opportunity for career growth in a collaborative environment.
- Why this job: Join a dynamic team and make a real impact in the insurance sector.
- Qualifications: 5+ years in insurance operations with strong analytical skills.
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, specifically Sequel Underwriting or Sequel Eclipse preferred
- Strong Excel and reporting skills
- Excellent communication, organisation, and stakeholder management abilities
Package:
£60,000 - £70,000 per annum + Bonus Hybrid working, 3 days in the office and 2 days from home
Underwriting Operations Analyst employer: Insight Select
Contact Detail:
Insight Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting 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 experience with cover holder applications and due diligence processes. We want to see you shine when it comes to showcasing your skills!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Underwriting Operations Analyst role. We’ve got all the resources you need to make your application stand out, so don’t miss out!
We think you need these skills to ace Underwriting Operations Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Operations Analyst role. Highlight your experience in the Lloyd’s or London Market insurance, 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 Skills: We want to see your strong Excel and reporting skills in action! If you have any relevant projects or achievements, make sure to include them in your application to demonstrate your capabilities.
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 this exciting opportunity. We can’t wait to hear from you!
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.
✨Show Off Your Analytical Skills
Prepare examples that highlight your analytical and investigative skills. Think of situations where you’ve used data to drive decisions or improve processes, especially related to KPIs and performance insights.
✨Master the Tech
Familiarise yourself with policy administration systems like Sequel Underwriting or Sequel Eclipse. If you have experience with these tools, be ready to discuss how you’ve used them to streamline operations or enhance reporting.
✨Build Relationships
Demonstrate your ability to build effective working relationships across teams. Prepare anecdotes that showcase your communication and stakeholder management skills, particularly in collaborative projects or audits.