Business Analyst Credit Risk Management in City of London

Business Analyst Credit Risk Management in City of London

City of London Full-Time 54000 - 66000 £ / year (est.) Home office (partial)
Sanderson King

At a Glance

  • Tasks: Support underwriting teams and improve data quality in a dynamic insurance environment.
  • Company: A respected specialist MGA backed by a leading international insurance group.
  • Benefits: Competitive salary, hybrid work model, and opportunities for career progression.
  • Other info: Join a growing team with genuine career development opportunities.
  • Why this job: Kickstart your insurance career with hands-on experience and mentorship from industry experts.
  • Qualifications: 1-3 years of insurance experience and strong Excel skills.

The predicted salary is between 54000 - 66000 £ per year.

We're supporting a highly regarded specialist MGA, backed by a leading international insurance group, as they continue to grow their underwriting operations team. This is an excellent opportunity for someone early in their insurance career looking to build long-term progression within underwriting and the London Market.

You'll work alongside experienced underwriters, supporting technical underwriting processes, improving data quality and contributing to the efficient running of a specialist underwriting business. The role will involve:

  • Supporting underwriting teams with day-to-day technical operations.
  • Recording and managing underwriting referrals.
  • Producing and maintaining underwriting reports and MI.
  • Validating and reconciling data across multiple sources.
  • Supporting bordereaux and underwriting administration.
  • Working closely with underwriting, finance and operations teams.
  • Identifying opportunities to improve processes and reporting.

We'd love to hear from people with experience as:

  • Underwriting Business Analyst
  • Underwriting Technician
  • Underwriting Assistant
  • Delegated Authority Technician
  • Insurance Technician
  • Insurance Operations Analyst
  • Junior Underwriter
  • Broker Technician
  • Wholesale Operations
  • Insurance Administrator (with technical exposure)

We're looking for someone who has:

  • Around 1–3 years' experience within insurance.
  • Experience gained within an insurer, MGA or insurance broker.
  • Strong Excel skills (Pivot Tables, Lookups and reconciliations).
  • Excellent attention to detail.
  • A proactive approach and genuine desire to build a career within underwriting.
  • Experience with Acturis, delegated authority, bordereaux or underwriting operations would be advantageous, but isn't essential.

This is an excellent opportunity to join a growing specialist insurer offering genuine career development, exposure to experienced underwriters and the chance to build a long-term career within the London insurance market.

Business Analyst Credit Risk Management in City of London employer: Sanderson King

At Sanderson King, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters creativity and collaboration in the heart of London. Our hybrid working environment not only promotes work-life balance but also provides ample opportunities for professional growth and influence within our ambitious team. Join us to be part of a diverse portfolio in the entertainment sector, where your expertise will be valued and rewarded.

Sanderson King

Contact Details:

Sanderson King Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Analyst Credit Risk Management in City of London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Sanderson King. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Business Analyst Credit Risk Management in City of London

Technical Underwriting Support
Data Quality Improvement
Underwriting Report Production
Data Validation
Data Reconciliation
Bordereaux Management
Collaboration with Finance and Operations Teams

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Sanderson King.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Sanderson King's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Sanderson King

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Sanderson King.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Sanderson King will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Sanderson King employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.