At a Glance
- Tasks: Support underwriting teams and improve data quality in a dynamic environment.
- Company: Join a respected specialist MGA backed by a leading international insurance group.
- Benefits: Competitive salary, hybrid work, and opportunities for career progression.
- Other info: Great chance for growth in the London insurance market.
- Why this job: Kickstart your insurance career with experienced mentors and real impact.
- Qualifications: 1-3 years' experience in insurance and strong Excel skills required.
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.
Underwriting Business Analyst 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.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Business Analyst in City of 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 Sanderson King). 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 Sanderson King. 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 Business Analyst in City of London
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 Sanderson King.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Sanderson King. 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 Sanderson King
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Sanderson King 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 Sanderson King, 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 Sanderson King'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.
