Assistant Underwriting Portfolio Analyst

Assistant Underwriting Portfolio Analyst

Entry level 30000 - 40000 £ / year (est.) No working from home possible
Travelers Europe

At a Glance

  • Tasks: Assist in data analysis and reporting for insurance portfolios using innovative technology.
  • Company: Join Travelers, a leading property casualty insurer with a culture of collaboration.
  • Benefits: Enjoy 25+ days holiday, private medical insurance, and a wellness programme.
  • Other info: Great opportunities for growth and community involvement through volunteering.
  • 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.

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.

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 counselling 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 here.

Assistant Underwriting Portfolio Analyst employer: Travelers Europe

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 training, generous holiday entitlement, and a commitment to your professional growth, all while contributing to meaningful community initiatives. Join us to be part of a team that values diversity and encourages continuous learning in the dynamic field of insurance.

Travelers Europe

Contact Details:

Travelers Europe Recruitment Team

StudySmarter Expert Advice🤫

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

Get Involved with Campus Finance Societies

Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!

Attend Industry Workshops and Webinars

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Leverage LinkedIn for Informational Interviews

Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.

Apply Directly through Company Websites

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

Analytical Thinking
Data Analysis
Excel
PowerPoint
SQL
Python
AI Tools

Some tips for your application 🫡

Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!

Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!

Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!

Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!

How to prepare for a job interview at Travelers Europe

Brush Up on Your Financial Knowledge

Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.

Show Off Your Analytical Skills

Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.

Demonstrate Your Team Spirit

As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.

Prepare Thoughtful Questions

Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.