Assistant Underwriting Portfolio Analyst

Assistant Underwriting Portfolio Analyst

Full-Time 30000 - 40000 £ / year (est.) Home office (partial)
Travelers Canada

At a Glance

  • Tasks: Assist in portfolio analysis and reporting using data sets and dashboards.
  • Company: Join a leading property casualty insurer with a culture of innovation.
  • Benefits: Enjoy competitive salary, private medical insurance, and generous holiday entitlement.
  • Other info: Collaborative environment with opportunities for personal and professional growth.
  • Why this job: Kickstart your career in insurance while working with AI and emerging technologies.
  • Qualifications: STEM degree or strong Maths A-level; coding experience is a plus.

The predicted salary is between 30000 - 40000 £ per year.

Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category: Data Analytics, Underwriting

Target Openings: 1

What Is the Opportunity?

We are looking for an Assistant Underwriting Portfolio Analyst to join our team in London. In this role, you will be working with data sets and using a suite of dashboards to generate regular and ad-hoc reports. We are keen to hear from candidates with an interest in AI and emerging technology, a STEM background, early careers apprenticeship experience, or strong Maths A-level results are preferred but not a pre-requisite for the role. A genuine enthusiasm for learning and developing is just as important to us as technical experience. We are looking for individuals who are keen to build a career in insurance.

What Will You Do?

  • Portfolio reviews — Assist in the delivery of quarterly and annual review packs across all planning lines, ensuring consistent formatting, accurate data, and clear insight. You'll help track actions, support underwriters through the review process, and highlight emerging trends.
  • Portfolio analysis — Support portfolio deep dives by joining meetings with underwriters to understand their book and working alongside other analysts as they lead the process. You'll bring together various data sources, sense-check findings with other stakeholders, and help deliver final PowerPoint packs. You'll contribute to monitoring execution against agreed strategy and collaborate with operations to embed any required changes — such as data corrections or classification updates — into Travelers' systems.
  • Stakeholder collaboration — Support senior Analysts in the team and develop strong working relationships with underwriters, actuaries, operations, and distribution teams. You'll support planning line managers and portfolio leads with performance management activity, helping to coordinate competing priorities and keep stakeholders informed on timelines.
  • MI and reporting — Help provide the regular management information the business relies on, bridging gaps while automated reporting is developed. You'll support the transition of ongoing reporting responsibilities to business intelligence, helping to validate new outputs and improve existing ones.
  • Ad hoc analysis — Contribute to one-off requests from underwriters and the underwriting office — such as line-size reviews, custom data cuts, portfolio mix analysis, and quote analysis — producing accurate, evidence-based conclusions.
  • Data manipulation — Analyse external data and help apply it to Travelers' strategy. Bring together various datasets into clean, easy-to-use databases, assessing their usefulness and accuracy. Use AI tools to streamline manual tasks where appropriate.
  • Carry out other duties as needed.

Be Committed, Be Connected, Be Creative and Be Commercial – these are the values we are passionate about. Understanding and embracing our values will shape your success and contribute to making Travelers Europe a great place to work.

What will our ideal candidate have?

  • A STEM degree (or equivalent) with a strong foundation in analytical thinking. A strong Maths A-level is equally valued. You may be coming from an early careers apprenticeship and are now looking to build a long-term career in insurance.
  • Excellent communication and analytical skills, with strong numeracy and a confident grasp of Excel and PowerPoint.
  • Some experience with a coding language such as SQL or Python.
  • A genuine interest in AI and how emerging technology can enhance data analysis. Eagerness to learn and develop in this space.
  • Keen to grow within insurance. Collaborative, curious, and proactive in sharing insights and ideas with the wider team.

What is a Must Have?

  • Good knowledge of the local insurance marketplace gained in previous experience in the industry either in underwriting or portfolio analytics.

What Is in It for You?

  • Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
  • Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
  • Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

Assistant Underwriting Portfolio Analyst employer: Travelers Canada

At Travelers, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to thrive. As an Assistant Underwriting Portfolio Analyst in London, you will benefit from comprehensive wellness programmes, generous holiday entitlements, and robust career development opportunities, all while contributing to a company that values community engagement and personal growth. Join us to be part of a team that not only supports your professional aspirations but also prioritises your well-being and work-life balance.

Travelers Canada

Contact Details:

Travelers Canada Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Underwriting Portfolio Analyst

Tip Number 1

Network like a pro! Reach out to people in the insurance industry, especially those working at Travelers. A friendly chat can open doors and give you insights that might just land you an interview.

Tip Number 2

Prepare for your interviews by brushing up on your data analysis skills. Be ready to discuss how you've used Excel or any coding languages like SQL or Python in past experiences. Show us your analytical thinking!

Tip Number 3

Don’t forget to showcase your enthusiasm for AI and emerging tech during interviews. We love candidates who are curious and eager to learn, so share any relevant projects or ideas you have!

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're serious about joining our team at Travelers. Let’s make it happen!

We think you need these skills to ace Assistant Underwriting Portfolio Analyst

Data Analysis
Excel
PowerPoint
SQL
Python
Analytical Thinking
Communication Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Assistant Underwriting Portfolio Analyst role. Highlight any relevant experience, especially in data analytics or insurance, and don’t forget to showcase your STEM background or Maths A-level results!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your genuine enthusiasm for the role and the company. Mention how your skills align with the job description and why you’re excited about a career in insurance.

Show Off Your Analytical Skills:Since this role involves a lot of data manipulation and analysis, be sure to highlight any experience you have with Excel, PowerPoint, or coding languages like SQL or Python. We want to see your analytical thinking in action!

Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Travelers.

How to prepare for a job interview at Travelers Canada

Know Your Numbers

As an Assistant Underwriting Portfolio Analyst, you'll be dealing with data sets and reports. Brush up on your numerical skills and be ready to discuss how you've used data in past experiences. Familiarise yourself with Excel and any coding languages you might have encountered, like SQL or Python.

Show Your Enthusiasm for AI

The role values a genuine interest in AI and emerging technology. Be prepared to talk about any projects or experiences where you've engaged with these technologies. This could be anything from coursework to personal projects—show them you're eager to learn and grow in this area!

Understand the Insurance Landscape

Having a good grasp of the local insurance marketplace is crucial. Do some research on current trends and challenges in the industry. Being able to discuss these topics will demonstrate your commitment and understanding of the field, making you a more attractive candidate.

Prepare for Stakeholder Collaboration

This role involves working closely with various teams, so think about examples from your past where you've successfully collaborated with others. Be ready to share how you communicate effectively and manage competing priorities, as this will show your potential to thrive in a team-oriented environment.