At a Glance
- Tasks: Analyse client data and provide insights to enhance our Client Management strategy.
- Company: Join RenaissanceRe, a leader in Property & Casualty Reinsurance with a collaborative culture.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on diversity, equity, and inclusion.
- Why this job: Make a real impact by solving complex challenges and supporting global communities.
- Qualifications: 2-4 years in an analytical role; strong communication and analytical skills required.
The predicted salary is between 50000 - 65000 £ per year.
RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims. Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognised for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges.
Position Summary
The Senior Business Development Analyst supports the development of client analytics, research, and data‑driven insights that inform RenRe’s Client Management strategy. This role conducts detailed quantitative analysis of internal and external data to understand client behaviour, reinsurance programs, market positioning, and peer comparisons. As part of the Global Business Development team, the role collaborates with Underwriting and senior stakeholders to deliver reporting, models, insights, and client-facing materials that enhance decision‑making and improve client engagement. The position requires strong analytical and communication skills, along with the ability to manage multiple priorities in a fast-paced environment.
Principal Accountabilities:
- Client Data & Insights: Support and develop Client Data & Analytics insights to evolve and enhance our Client Management approach (e.g. Stakeholder mapping, Share of Wallet insights).
- Support and evolve our Client Segmentation approach by sourcing data and insights that enable Underwriting leadership to make decisions and execute strategies.
- Contribute to the deployment of Client Management strategies and delivery of our Value Proposition through effective segmentation.
- Conduct detailed quantitative analyses of internal and external data sources to develop insights into clients, their behaviours, and their reinsurance programs, including market and peer-based perspectives.
- Complete ad hoc requests for research, analysis, and reporting by pulling from diverse internal and external data sources, applying appropriate analytical methods, and delivering meaningful insights.
Reporting & Modelling:
- Produce and enhance core MI / Client Intelligence reports including but not limited to: Client comparative analysis based on external data sources, Actual vs Expected results review of specific clients and groups of clients, Customer Relationship Management data (contacts, accounts, relationship activity), Other reports that arise as our data and tools capabilities expand.
- Recommend enhancements for core reporting and opportunities to streamline reporting processes.
- Contribute to the design, creation and testing of new client and broker specific reporting and outreach.
Strategic Projects & Client Management Support:
- Contribute to the creation of bespoke or ad hoc reporting and presentations in support of client and broker engagement, often in partnership with senior underwriting team members.
- Participate in Client and Broker Intelligence processes including but not limited to: Platform Client Engagement, Strategic Broker Engagement.
- Contribute to broader Corporate and Underwriting Strategy processes and communication as needed.
Stakeholder Collaboration:
- Work with underwriting Client Leads and Client Analysts to understand their Client and Broker Management data and reporting needs, enhancing how insights are pushed to front-line decision makers.
- Work and communicate effectively with Underwriting Client Leads, underwriting teams, and senior management to address client insights requirements.
Skills/Knowledge/Experience Necessary:
- Two to four years of experience in an analytical role, preferably in the financial services or insurance industry.
- Consulting or underwriting experience would be an asset.
- Use in-house systems and external data tools to extract required data (e.g., data cubes, web-based data portals).
- Experience at intermediate to advanced level with S&P Market Intelligence / Capital IQ would be an asset.
- Use Microsoft Office products to assist with the analysis and presentation of information.
- Excel – intermediate to advanced; ability to use wide range of functions/calculations and create pivot tables.
- PowerPoint – intermediate to advanced; ability to create detailed charts from various data sources.
- PowerBI – comfortable navigating developed PowerBI dashboards; potential opportunity to work on reporting enhancements in PowerBI Desktop.
- SharePoint – intermediate to advanced; ability to manage content.
- Excellent verbal and written communication and interpersonal skills.
- Excellent self-directed research skills, including the ability to conduct primary research, manipulate large data sets, reconcile data from different perspectives (e.g. underwriting and accounting data), present data clearly, and thrive in the ambiguity inherent in strategic thinking.
- Ability to perform independently with minimal supervision.
- Adept at communicating with peers inside and outside of the organisation as well as managers and other senior members of staff.
- Experience working in a setting where the scope of work may involve multiple people at different levels of seniority.
- Actively seeks feedback whilst taking the responsibility to improve skills.
- Open to new ideas and ways of thinking.
- Can prioritise workload and work flexibly in a time efficient manner.
- Works toward team goals and contribute in ways that benefit the entire team.
We believe that meeting these requirements will position you for success in the role. However, if you fulfil most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn.
At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRe’s policy to ensure equal employment opportunity without discrimination or harassment based on race, colour, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, colour, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Senior Business Development Analyst in London employer: Limited
RenaissanceRe is an exceptional employer that champions a collaborative and entrepreneurial culture, empowering employees to tackle complex challenges in the reinsurance industry. With a strong commitment to diversity, equity, and inclusion, we offer competitive compensation, comprehensive talent development programmes, and a rewarding environment where your contributions are valued. Located in a vibrant community, our employees benefit from generous volunteer opportunities and a locally-led giving philosophy, making it a truly meaningful place to work.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Development Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching RenaissanceRe and understanding their values and culture. Tailor your responses to show how your skills align with their mission of solving complex challenges.
✨Tip Number 3
Practice your analytical skills! Be ready to discuss how you've used data to drive decisions in past roles. Use examples that highlight your ability to manage multiple priorities in fast-paced environments.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the RenaissanceRe team.
We think you need these skills to ace Senior Business Development Analyst in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Business Development Analyst role. Highlight your analytical skills and experience in the financial services or insurance industry, as these are key to impressing us at RenaissanceRe.
Showcase Your Data Skills:Since this role involves a lot of data analysis, don’t forget to mention your proficiency with tools like Excel, PowerPoint, and PowerBI. We want to see how you can use these tools to derive insights and enhance decision-making.
Communicate Clearly:Your written communication skills are crucial for this position. Make sure your application is clear, concise, and free of jargon. We appreciate straightforward language that gets to the point while showcasing your personality.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re genuinely interested in joining our team at RenaissanceRe!
How to prepare for a job interview at Limited
✨Know Your Numbers
As a Senior Business Development Analyst, you'll be expected to handle data like a pro. Brush up on your quantitative analysis skills and be ready to discuss specific metrics or insights you've derived from data in your previous roles. This shows you can hit the ground running!
✨Understand the Company Culture
RenaissanceRe values collaboration and creative thinking. Research their culture and think of examples from your past experiences that demonstrate how you thrive in similar environments. Be prepared to share how you can contribute to their entrepreneurial spirit.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific client situations or data challenges. Think through potential scenarios related to client engagement or data analysis, and prepare structured responses that highlight your problem-solving skills and analytical mindset.
✨Showcase Your Communication Skills
This role requires excellent verbal and written communication. Prepare to discuss how you've effectively communicated complex data insights to non-technical stakeholders in the past. Bring along examples of reports or presentations you've created to illustrate your point.