At a Glance
- Tasks: Support operational performance and processes in a dynamic insurance environment.
- Company: Join Starr, a rapidly growing global insurance and investment organisation.
- Benefits: Inclusive culture, first-class training, and opportunities for personal growth.
- Other info: Collaborative team environment with a focus on innovation and problem-solving.
- Why this job: Make an impact by optimising operations and ensuring data integrity.
- Qualifications: Experience in data entry or validation, with strong analytical skills.
The predicted salary is between 30000 - 40000 £ per year.
Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry. Starr has grown into one of the world’s fastest‑expanding insurance organisations, writing business in 128 countries across six continents. Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.
Role Purpose
The Underwriting Operations Analyst will work closely with the Underwriting Operations Manager and the Underwriting team and is primarily responsible for providing support on the operational performance and processes, query management, ensuring operational objectives are exceeded and Group principles are followed. This role will be ultimately responsible for the smooth running of operational processes to resolve issues relating to the Policy Administration Systems (PAS). The role will work across multiple business lines and is therefore crucial to the efficient running of the syndicate, and in ensuring the accuracy of data and reporting.
Key Responsibilities
- Work on items where data differs between core systems. Investigate and confirm the correct value and ensure the data is updated and query closed.
- Work with our outsourcing providers on query management, SLAs and quality checks.
- Responsible for quality and integrity of Underwriting and Operations data.
- Work with the UAs and UWs on data integrity in the PAS.
- Work with the wider operations team to optimise operations processes.
- Understand and comply with current operational processes and procedures and actively look for ways to improve the way work is currently carried out.
- Communicating with underwriters, brokers and other interested parties to address and resolve operational issues that may arise.
- Ad‑hoc project and other work items at request of Operations team management.
- Taking ownership and responsibility of tasks assigned.
- Assist in the delivery of successful operational and business‑related change projects as needed.
- Working collaboratively with other departments, ensuring the enforcement of operational guidelines, regulations, and processes operate within industry related regulation.
- Embody and amplify the STARR Group values in all aspects of day to day activity ensuring that all interactions and engagements are carried out with the highest ethical and professional standards and that all work is accomplished with quality and in accordance with STARR Group values.
The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.
Qualifications, skills and experience
- Background in either data entry processing, or data validation investigation, with an emphasis on fixing as well as identifying the issues.
- Sequel UW/Eclipse or other Policy Administration System experience would be an advantage.
- Technical knowledge of London Market systems and key reports.
- Attention to detail and a passion for investigation and troubleshooting.
- Strong data and analytical skills.
- Technical - insurance technical knowledge from either Broker or Underwriting would be an advantage but not essential.
Core behavioural competencies
- Innovation and problem solving
- Commerciality
- Relationships
- Communication and influence
- Development of self and others
- Resilience and adaptability
Starr is an equal opportunity employer, which means we will consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Underwriting Operations Analyst employer: Starr
Starr is an exceptional employer that prioritises the growth and development of its employees, offering first-class training opportunities and a commitment to inclusivity. As part of a dynamic and rapidly expanding global insurance organisation, Underwriting Operations Analysts will thrive in a collaborative work culture that values innovation and problem-solving, while contributing to the efficient running of operations across multiple business lines. Join us in London and be part of a passionate workforce dedicated to excellence and ethical standards.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Operations Analyst
✨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 Starr). 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 Starr. 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 Operations Analyst
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 Starr.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Starr. 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 Starr
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Starr 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 Starr, 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 Starr'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.