Operations & Risk Data Trainee Analyst
Operations & Risk Data Trainee Analyst

Operations & Risk Data Trainee Analyst

Trainee 28000 - 35000 ÂŁ / year (est.) No home office possible
SCOR

At a Glance

  • Tasks: Support operational activities and enhance data analytics for innovative insurance solutions.
  • Company: Join SCOR, a leading global reinsurer with a collaborative culture.
  • Benefits: Full-time role with opportunities for professional growth and development.
  • Why this job: Make a real impact in risk management while working with industry experts.
  • Qualifications: Bachelor's degree in a business-related field or equivalent experience.
  • Other info: Dynamic environment promoting inclusion and diversity.

The predicted salary is between 28000 - 35000 ÂŁ per year.

The Trainee Analyst will play a key role in supporting operational, regulatory and MGA operations activities across the organization. The role will support both new program onboarding and program renewals by collecting and reviewing due-diligence materials, collaborating with Underwriting and Claims functions and supporting the development and enhancements of dashboards to optimize data analytics and regulatory returns. The Trainee Analyst will also support ongoing operational activities throughout each program’s lifecycle, helping to coordinate work across different teams and contributing to continuous process improvements and strong data quality.

The Analyst role provides critical support in due diligence, data management, committee preparation, ongoing oversight, and audit coordination. This position plays a key role in maintaining operational discipline, data integrity, and control standards across the MGA portfolio, while contributing to continuous improvement, automation, and the efficiency of the MGA operating model.

Responsibilities

The trainee analyst will support the team in the following:

  • Support the new programme onboarding process, including gathering data, completing due diligence, and assisting with underwriting and claims queries.
  • Ensure all new Delegated Authority relationships meet SCOR’s DA policy requirements and evolving regulatory standards.
  • Coordinate the scheduling, scoping, and follow-up activities for third-party reviews during onboarding.
  • Liaise with Underwriters, transversal functions, outsourced partners, and other stakeholders to gather required inputs for programme approval.
  • Support preparation of operational and regulatory returns linked to programme set-up.
  • Support the maintenance of programmes through monitoring audits, SCORCards, EGPI processes, and bordereaux management.
  • Ensure adherence to delegated authority/MGA policies and internal controls.
  • Generate reporting to support day-to-day management of MGA operational activities.
  • Gather data requirements for BAU operations and committee reporting.
  • Assist in advancing automation and process efficiencies across the MGA portfolio.
  • Contribute to the renewal process through due diligence updates, data validation, and support to underwriting and claims.
  • Ensure renewed delegated authority relationships remain compliant with policy and regulatory expectations.
  • Perform additional tasks and activities necessary to support the effective running of MGA Operations.
Qualifications Required Education

Bachelor's Degree in Business related discipline, or equivalent qualifications.

Locations Level 6, London, United Kingdom, EC2N 4BQ, GB

Job Schedule Full time

About Us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies. As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration. SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Operations & Risk Data Trainee Analyst employer: SCOR

SCOR is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are encouraged to engage with industry experts and contribute to meaningful projects. Located in the heart of London, the Operations & Risk Data Trainee Analyst role offers ample opportunities for professional growth and development, supported by a commitment to continuous improvement and innovation in risk management. With a focus on integrity and diversity, SCOR provides a dynamic environment that empowers its employees to thrive and make a positive impact on society.
SCOR

Contact Detail:

SCOR Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Operations & Risk Data Trainee Analyst

✨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 the company and role thoroughly. Understand SCOR's values and how they align with your own. This will help you answer questions confidently and show that you're genuinely interested.

✨Tip Number 3

Practice your responses to common interview questions, especially those related to data management and operational processes. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.

✨Tip Number 4

Don’t forget to follow up after your interview! A simple thank-you email can leave a lasting impression and keep you top of mind for the hiring team. Plus, it shows your enthusiasm for the role.

We think you need these skills to ace Operations & Risk Data Trainee Analyst

Data Management
Due Diligence
Collaboration
Data Analytics
Regulatory Compliance
Process Improvement
Audit Coordination
Reporting
Stakeholder Engagement
Operational Discipline
Automation
Data Validation
Project Coordination
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Operations & Risk Data Trainee Analyst role. Highlight relevant experiences and skills that align with the job description, especially around data management and operational support.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your enthusiasm for working in a collaborative environment like SCOR.

Showcase Your Analytical Skills: Since the role involves data analytics and process improvements, be sure to showcase any analytical projects or experiences you've had. This could be through coursework, internships, or personal projects that demonstrate your ability to handle data effectively.

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 and shows us you’re serious about joining our team at SCOR!

How to prepare for a job interview at SCOR

✨Know Your Stuff

Make sure you understand the key responsibilities of the Trainee Analyst role. Familiarise yourself with operational processes, regulatory standards, and data management practices. This will help you answer questions confidently and show that you're genuinely interested in the position.

✨Showcase Your Collaboration Skills

Since this role involves liaising with various teams, be prepared to discuss your experience working collaboratively. Think of examples where you've successfully coordinated with others, especially in a data-driven environment. Highlighting your teamwork skills will demonstrate that you can thrive in SCOR's collaborative culture.

✨Prepare for Technical Questions

Expect questions related to data analytics and due diligence processes. Brush up on relevant tools and methodologies, and be ready to discuss how you would approach tasks like gathering data for programme onboarding or ensuring compliance with policies. This shows you're not just a fit for the role but also proactive about learning.

✨Ask Insightful Questions

At the end of the interview, have a few thoughtful questions ready. Inquire about the team's current projects, challenges they face, or how they measure success in the role. This not only shows your enthusiasm but also helps you gauge if the company aligns with your career goals.

Operations & Risk Data Trainee Analyst
SCOR

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