Underwriting Analyst in London

Underwriting Analyst in London

London Full-Time 35000 - 45000 £ / year (est.) Home office (partial)
Mitsui Sumitomo Insurance

At a Glance

  • Tasks: Analyse data and support decision-making in marine insurance.
  • Company: Join MS Amlin Marine, a leader in tailored marine insurance solutions.
  • Benefits: Gain valuable experience, work with experts, and develop your skills.
  • Other info: Collaborative culture with opportunities for continuous improvement and growth.
  • Why this job: Make an impact by influencing business decisions through data analysis.
  • Qualifications: Strong analytical skills and experience with large datasets preferred.

The predicted salary is between 35000 - 45000 £ per year.

  • Underwriting Analyst
  • London, Rotterdam | Full-time
  • Join MS Amlin Marine

MS Amlin Marine is a specialist marine insurance business providing tailored insurance solutions to clients across Europe and beyond.

Backed by extensive underwriting, claims and risk expertise, we combine deep market knowledge with a highly client-focused approach.

With approximately 200 colleagues and one of the broadest marine product portfolios in the market, we are recognised for our technical excellence, collaborative culture and commitment to delivering outstanding service to our clients.

The Opportunity

We are looking for an analytical, commercially minded

Underwriting Analyst to join our Underwriting Management team.

In this role, you will play a key part in monitoring portfolio exposures, analysing underwriting data and supporting data-driven decision-making across the business.

You will work closely with underwriters, underwriting assistants, actuaries and management teams, helping to ensure the quality, integrity and effective use of underwriting information.

This is an excellent opportunity for someone who enjoys working with data, solving problems and influencing business decisions through meaningful analysis and insight.

Key Responsibilities

  • Exposure Management & Data Quality
  • Ensure underwriting exposure data is captured accurately and maintained within specialised modelling and insurance systems.
  • Monitor aggregate exposures and portfolio developments across multiple classes of business.
  • Identify trends, anomalies and areas requiring further investigation.
  • Analysis & Reporting
  • Produce and maintain exposure and portfolio reporting for underwriting teams and management.
  • Support business planning, forecasting, reserving and performance review processes.
  • Deliver meaningful insights that support strategic and operational decision-making.
  • Continuously improve reporting capabilities and management information.
  • Stakeholder Partnership
  • Act as a key point of contact for exposure management and underwriting data queries.
  • Work closely with underwriters and underwriting assistants to improve data quality and reporting processes.
  • Collaborate with actuaries, developers and other stakeholders on analytical and business improvement projects.
  • Continuous Improvement
  • Support ongoing process enhancement initiatives across the Underwriting Management function.
  • Contribute to projects that strengthen data governance, reporting and portfolio oversight.
  • Stay up to date with market developments and emerging analytical tools.

About You

We're looking for someone who combines strong analytical skills with a collaborative and proactive approach.

You will ideally have

  • Strong analytical and problem-solving capabilities.
  • Experience working with large datasets and maintaining high data quality standards.
  • Excellent attention to detail and organisational skills.
  • Strong communication and stakeholder management abilities.
  • The ability to work independently while collaborating effectively with colleagues across the business.
  • A commercial mindset and interest in understanding portfolio performance and risk.
  • A continuous improvement mentality and willingness to challenge existing processes.

Desirable

  • Knowledge of the insurance or marine insurance market.
  • Experience with SQL, SQL Server Management Studio, Sequel Impact or similar analytical tools.
  • Exposure to portfolio analytics, exposure management, catastrophe modelling or underwriting support activities.

Why Join Us?

At MS Amlin Marine, you'll join a highly respected team of marine insurance specialists and have the opportunity to work on complex, international portfolios while developing your technical and commercial expertise.

If you're passionate about data, analytics and supporting better underwriting decisions, we'd love to hear from you.

Underwriting Analyst in London employer: Mitsui Sumitomo Insurance

At MSIG Specialty Marine, we pride ourselves on being an excellent employer that fosters a supportive and collaborative work environment in the heart of London. Our flexible and hybrid working options, coupled with a strong focus on employee wellbeing and continuous learning, ensure that our team members can thrive both personally and professionally. Join us to make a meaningful impact in the insurance industry while enjoying opportunities for career development and a culture that values diversity and innovation.

Mitsui Sumitomo Insurance

Contact Details:

Mitsui Sumitomo Insurance Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Underwriting Analyst in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Mitsui Sumitomo Insurance). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Mitsui Sumitomo Insurance. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Underwriting Analyst in London

Analytical Skills
Problem-Solving Skills
Data Quality Management
Exposure Management
Data Analysis
Reporting Skills
Stakeholder Management

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Mitsui Sumitomo Insurance.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Mitsui Sumitomo Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Mitsui Sumitomo Insurance

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Mitsui Sumitomo Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Mitsui Sumitomo Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Mitsui Sumitomo Insurance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.