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- Tasks: Support insurance operations and deliver critical reports to drive business success.
- Company: Join a diverse and inclusive global insurance company in London.
- Benefits: Health and wellness benefits, retirement plans, and parental leave support.
- Other info: Dynamic team environment with opportunities for professional growth.
- Why this job: Make an impact in the insurance industry while developing your skills.
- Qualifications: Knowledge of insurance practices and strong Excel skills are essential.
The predicted salary is between 40000 - 50000 £ per year.
Sompo has a unique opportunity for an Insurance Technical Analyst in our Insurance Operations team on a 12-Month Fixed-Term Basis. Our Insurance Operations team plays a critical role in delivering excellent and cost-effective support services to Insurance Operation Team Heads and other relevant stakeholders. We focus on areas such as risk and exposure recording, insurance premium accounting, underwriting management information, and internal cyclical and ad-hoc reporting to drive business success.
Location: This position will be based out of our London office.
What you’ll be doing:
- Contribute to operational team plans and determine work priorities to achieve team objectives.
- Support Sompo’s Insurance segment procedures and controls for managing contractual risk information, premium accounting, and underwriting records.
- Deliver reports such as exception reports, performance data, and regulatory-focused documentation to meet business obligations.
- Build strong stakeholder relationships and provide effective services while ensuring compliance with legal and regulatory requirements.
- Support and guide offshore teams and ensure alignment with Underwriter expectations.
What you’ll bring:
- Relevant knowledge of (Re)insurance customs, practices, and procedures, with a sound understanding of (Re)insurance concepts.
- Working knowledge of company systems and strong proficiency in MS Office applications, particularly Excel.
- Strong interpersonal and communication skills, along with excellent organizational and analytical capabilities.
- Ability to work independently and collaboratively within a team environment, managing conflicting priorities effectively.
- Broad-based (Re)insurance experience, preferably with Lloyd’s market exposure.
- Degree-level education (or equivalent) and progress toward insurance qualifications such as CII Dip are beneficial but not essential.
Our Benefits:
- Expansive Health & Wellness Benefits
- Generous Retirement & Savings Plans
- Global Parental Leave & Adoption Assistance
We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice, and injustice and continue to invest in building an inclusive and diverse work environment.
Technical Analyst employer: Sompo
Contact Detail:
Sompo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Technical Analyst
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance industry, especially those who work at Sompo or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for those interviews by brushing up on your (Re)insurance knowledge. Make sure you can talk confidently about risk management, premium accounting, and underwriting practices. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t forget to tailor your approach! When you apply through our website, highlight your relevant skills and experiences that align with the job description. Show us how you can contribute to our Insurance Operations team!
✨Tip Number 4
Follow up after your interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you fresh in the minds of the hiring team. We love seeing candidates who are proactive!
We think you need these skills to ace Technical Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Technical Analyst role. Highlight your relevant experience in (Re)insurance and any specific skills that match the job description, like your proficiency in MS Office and analytical capabilities.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with Sompo's mission. Don’t forget to mention your understanding of insurance customs and practices.
Showcase Your Communication Skills: Since strong interpersonal skills are key for this role, make sure to demonstrate your communication abilities in your application. Use clear and concise language, and consider including examples of how you've built stakeholder relationships in the past.
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!
How to prepare for a job interview at Sompo
✨Know Your Insurance Basics
Make sure you brush up on your knowledge of (Re)insurance customs and practices. Familiarise yourself with key concepts and terminology, as this will help you speak confidently about the industry during the interview.
✨Showcase Your Excel Skills
Since strong proficiency in MS Excel is crucial for this role, be prepared to discuss your experience with it. Consider bringing examples of reports or analyses you've done in the past that highlight your skills.
✨Demonstrate Strong Communication
As a Technical Analyst, you'll need to build relationships with stakeholders. Practice articulating your thoughts clearly and concisely, and think of examples where you've successfully communicated complex information to different audiences.
✨Prepare for Team Dynamics
This role requires both independent work and collaboration. Be ready to discuss how you've managed conflicting priorities in the past and how you can contribute to team objectives while supporting offshore teams.