At a Glance
- Tasks: Analyse car insurance strategies and deliver actionable insights to drive performance.
- Company: Join Somerset Bridge Group, a leader in innovative insurance solutions with a commitment to excellence.
- Benefits: Enjoy hybrid working, 25+ days annual leave, flexible hours, and exclusive discounts.
- Why this job: Be part of a dynamic team that values creativity, personal development, and social impact.
- Qualifications: Strong analytical skills and experience in insurance or finance are essential.
- Other info: We promote diversity and are an Equal Opportunity Employer.
The predicted salary is between 48000 - 60000 £ per year.
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Somerset Bridge Group provided pay range
This range is provided by Somerset Bridge Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Department: [SBL] Account Management
Location: Bristol
Compensation: Up to £60,000 / year
Description
We are hiring for a commercially astute analyst to support the delivery of our car insurance strategy. The successful candidate will play a key role in delivering actionable insights, supporting governance and trading decisions, and ensuring effective execution of our underwriting plans. This role will also contribute to the operation and documentation of key governance forums, helping ensure our portfolio remains compliant, well-managed, and aligned to business objectives. This role is ideal for someone with strong analytical skills, and eye for detail, and a passion for commercial performance.
What You\’ll Be Responsible For
- Lead in the preparation and maintenance of the commercial plan and budget forecasts for the Car portfolio.
- Develop and maintain dashboards, MI packs and trackers to monitor trading performance, loss ratio performance, and underwriting changes.
- Conduct detailed analysis on portfolio performance including book mix, channel mix, and pricing trends; highlight key drivers and recommend actions.
- Track competitor and market trends and summarise key developments to support strategic decision-making.
- Provide administrative and analytical support for governance forums lead by the Head of Account Management.
- Monitor adherence to regulations, including Consumer Duty and Fair Value assessments, and contribute to documentation and audit readiness.
What You\’ll Need
- Strong analytical skills with experience in data manipulation and reporting (e.g. Excel, SQL, SAS).
- Strong knowledge of general insurance regulatory principles, including Consumer Duty, Fair Value and Pricing Practices
- Experience in insurance, finance or related sectors, ideally with exposure to car/motor products.
- Understanding of underwriting, pricing and claims.
- Comfortable presenting findings clearly to internal stakeholders.
- Organised, with experience supporting senior-level governance or project delivery.
- A proactive and collaborative approach to problem solving.
- Hybrid working – 2 days in the office and 3 days working from home
- 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
- Discretionary annual bonus
- Flexible working – we will always consider applications for those who require less than the advertised hours
- Flexi-time
- Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
- Electric vehicle – salary sacrifice scheme
- 100’s of exclusive retailer discounts
- Professional wellbeing, health & fitness app – Wrkit
- Enhanced parental leave, including time off for IVF appointments
- Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
- Life Assurance – 4 times your salary
- 25% Car Insurance Discount
- 20% Travel Insurance Discount
- Cycle to Work Scheme
- Employee Referral Scheme
- Community support day
About Somerset Bridge Group
Somerset Bridge Group is dedicated to delivering fair products and innovative services in the insurance industry. Our group focuses on underwriting, broking, and claims handling to provide sustainable and innovative insurance solutions. Somerset Bridge Insurance Services Limited, operating under GoSkippy and Vavista, offers insurance coverage to over 700,000 customers. Somerset Bridge Limited handles underwriting and claims, processing almost 50,000 claims annually. Somerset Bridge Shared Services Limited provides essential support functions to ensure operational efficiency and compliance. With a strong commitment to values, culture, and customer service excellence, Somerset Bridge Group is recognised for its industry awards and growth. Join us to be part of a dynamic team that fosters creative thinking and personal development.
We are very proud to have been awarded a Silver Accreditation from Investors in People! We recognise that all of our people contribute to our success. That\’s why we are always looking for talented people to join our team – people who share our vision, who are passionate about what they do, and who want to be part of something special.
Equal Opportunity Employer
Somerset Bridge Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. We prohibit discrimination or harassment of any kind based on race, color, religion, national origin, sexual orientation, gender, gender identity or expression, age, pregnancy, physical or mental disability, genetic factors or other characteristics protected by law. SBG makes hiring decisions based solely on qualifications, skills and business requirements.
Seniority level
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Seniority level
Mid-Senior level
Employment type
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Employment type
Full-time
Job function
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Job function
Business Development and Sales
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Industries
Insurance
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Senior Analyst employer: Somerset Bridge Group
Contact Detail:
Somerset Bridge Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in the car insurance market. Understanding competitor strategies and market dynamics will not only help you during interviews but also demonstrate your proactive approach to the role.
✨Tip Number 2
Brush up on your analytical skills, especially in tools like Excel, SQL, and SAS. Being able to showcase your data manipulation and reporting capabilities can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your experience with governance forums and compliance regulations. Highlighting your familiarity with Consumer Duty and Fair Value assessments will show that you understand the importance of regulatory adherence in the insurance sector.
✨Tip Number 4
Practice presenting your findings clearly and concisely. Since the role involves communicating insights to internal stakeholders, being able to articulate your analysis effectively will be crucial in making a strong impression.
We think you need these skills to ace Senior Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your analytical skills and experience in data manipulation, especially with tools like Excel, SQL, or SAS. Emphasise any relevant experience in the insurance sector, particularly with car products.
Craft a Compelling Cover Letter: In your cover letter, express your passion for commercial performance and how your skills align with the responsibilities of the Senior Analyst role. Mention specific examples of how you've contributed to governance or trading decisions in previous roles.
Showcase Relevant Experience: When detailing your work history, focus on your experience with budget forecasts, performance monitoring, and regulatory compliance. Highlight any projects where you successfully tracked market trends or provided insights that influenced strategic decisions.
Prepare for Interviews: If selected for an interview, be ready to discuss your analytical approach and how you present findings to stakeholders. Prepare examples of how you've solved problems collaboratively and contributed to senior-level governance.
How to prepare for a job interview at Somerset Bridge Group
✨Showcase Your Analytical Skills
As a Senior Analyst, your analytical skills are crucial. Be prepared to discuss specific examples of how you've used data manipulation and reporting tools like Excel or SQL in previous roles. Highlight any projects where your insights led to significant business decisions.
✨Understand the Insurance Landscape
Familiarise yourself with general insurance regulatory principles, especially those related to Consumer Duty and Fair Value. Being able to discuss these topics confidently will demonstrate your industry knowledge and show that you're serious about the role.
✨Prepare for Governance Discussions
Since the role involves supporting governance forums, think about your experience in this area. Prepare to discuss how you've contributed to compliance and documentation processes in past positions, as well as your approach to ensuring adherence to regulations.
✨Practice Clear Communication
You'll need to present findings to internal stakeholders, so practice articulating complex data insights in a clear and concise manner. Consider doing mock presentations to friends or family to build your confidence and refine your delivery.