Claims Data Analytics Lead in London

Claims Data Analytics Lead in London

London Full-Time 54000 - 66000 £ / year (est.) On-site
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At a Glance

  • Tasks: Lead data analytics for claims, driving insights and improvements in operations.
  • Company: Join Sompo, a global leader in insurance with a collaborative culture.
  • Benefits: Enjoy competitive pay, health benefits, and professional development opportunities.
  • Other info: Dynamic work environment with a focus on diversity and career growth.
  • Why this job: Make a real impact in claims operations while developing your analytical skills.
  • Qualifications: Experience in data analytics, strong communication skills, and proficiency in tools like SQL and Excel.

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

Are you looking for your next opportunity? Sompo has a unique opportunity for a Claims Data Analytics Lead in our Claims Operations team. Claims Data Analytics Lead supports and executes deliverables in line with UK Claims strategy and Claims data roadmap, provides analytics and insights to drive continuous improvement across claims operations. The role is responsible for developing effective analytical products to ensure all regulatory, portfolio, and operational reporting is accurate and delivered within required timelines.

Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

What you'll be doing:

  • Develop analytical data products and outputs to monitor and report on Key Performance Indicators for UK Claims.
  • Contribute to the delivery of MI & Analytics change priorities to meet and deliver against UK Claims priorities.
  • Develop self-service reporting tools to support the delivery of management information to improve productivity and help to drive real-time business decisions.
  • Support the education and skills of others within UK Claims, to generate a data first mindset and skills that enable advanced data literacy within claims portfolio management.
  • Ensure awareness of and compliance with regulatory and legislative requirements.
  • Ensure compliance with internal policies.
  • Develop and maintain stakeholder relationships across UK Claims and other functions within Sompo.
  • Support the development of data led insights that raise awareness of performance, customer experience, and claim outcomes.
  • Support the UK Claims function in the production of analytical and insight driven products and outputs.
  • Produce regular statistical and analytical claims information to Portfolio and Risk Managers and Senior Management to enable effective monitoring of Claims.
  • Act as a referral point to other members of the UK Claims Operations team on specific tasks or in the absence of appropriate Head of role owner.
  • Acts as a point of reference to guide and advise others to ensure the sharing of knowledge and best practice.
  • Supports others in the team where appropriate to assist in the achievement of their objectives.

What you'll bring:

  • Experience working in Financial services industry would be advantageous.
  • In depth experience of working in data and analytical environment.
  • Extensive and relevant knowledge of the demands of an analytically focused role.
  • Extensive experience of working with and extracting data from systems and analytical tools.
  • Experience of working within a highly regulated environment.
  • Genuine interest in process improvement and generating efficiencies.
  • Understanding technical claims handling would be advantageous.
  • Proficient in data visualisation tools (Tableau, Power BI).
  • Proficient in MS Excel.
  • Working knowledge of SQL.
  • Knowledge of Python would be advantageous.
  • Strong interpersonal and communication skills.
  • Good organisational skills.
  • Able to work independently.
  • Able to manage conflicting priorities to achieve deadlines.
  • Ability to collaborate effectively within a team environment.
  • Strong attention to detail.
  • Strong Investigative skills.
  • Able to produce detailed reports and analytical packs at various levels.

At Sompo, we recognise that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of some of the benefits we offer, which may vary depending on the country:

  • Health & Wellness Benefits
  • Retirement & Savings Plans
  • Global Parental Leave & Adoption Assistance
  • Employee Assistance Program
  • Tuition Reimbursement & Professional Qualification benefits

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.

Summary

Location: London, United Kingdom

Type: Full time

Claims Data Analytics Lead in London employer: Sompo International

At Sompo, we pride ourselves on being an exceptional employer, offering a collaborative work environment in our London office where employees can thrive and build long-lasting careers. Our commitment to employee growth is reflected in our comprehensive benefits package, including health and wellness programs, retirement plans, and professional development opportunities, all designed to support your career journey. Join us to be part of a diverse team that values accountability, agility, and integrity, ensuring that your contributions make a meaningful impact.

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Contact Details:

Sompo International Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Claims Data Analytics Lead in 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 Sompo International. 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 Claims Data Analytics Lead in London

Data Analytics
Key Performance Indicators (KPI) Monitoring
Management Information (MI) Reporting
Data Visualisation Tools (Tableau, Power BI)
MS Excel
SQL
Python

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 Sompo International.

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 Sompo International'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 Sompo International

✨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 Sompo International.

✨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 Sompo International 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 Sompo International 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.