Assistant Underwriting Portfolio Analyst in London

Assistant Underwriting Portfolio Analyst in London

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

At a Glance

  • Tasks: Assist in data analysis and reporting for underwriting portfolios.
  • Company: Join a leading property casualty insurer with a culture of innovation.
  • Benefits: Enjoy 25+ days holiday, private medical insurance, and wellness programmes.
  • Other info: Collaborative environment with opportunities for community involvement.
  • Why this job: Kickstart your career in insurance while working with cutting-edge technology.
  • 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.

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 here.

Assistant Underwriting Portfolio Analyst in London employer: Travelers

Travelers is an exceptional employer that prioritises the well-being of its employees and fosters a culture of innovation and collaboration. With a strong commitment to professional development, employees in London enjoy generous benefits such as private medical insurance, a robust pension plan, and a minimum of 25 days holiday, alongside opportunities for community involvement through volunteer programmes. Join us to build a rewarding career in insurance while being part of a supportive team that values your unique contributions.

Travelers

Contact Details:

Travelers Recruitment Team

StudySmarter Expert Advice🤫

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

Tip Number 1

Network like a pro! Reach out to current employees at Travelers on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing the Assistant Underwriting Portfolio Analyst role.

Tip Number 2

Prepare for your interview by brushing up on your analytical skills and understanding of the insurance industry. Be ready to discuss how your STEM background and interest in AI can contribute to the team’s success.

Tip Number 3

Show your enthusiasm! During interviews, express your eagerness to learn and grow within the insurance sector. Share examples of how you've tackled challenges in the past and how you plan to bring that same energy to Travelers.

Tip Number 4

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 genuinely interested in joining the Travelers family.

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

Data Analysis
Excel
PowerPoint
SQL
Python
Analytical Thinking
Communication Skills

Some tips for your application 🫡

Show Your Enthusiasm:When writing your application, let your passion for learning and developing shine through. We love candidates who are genuinely excited about the role and the insurance industry, so don’t hold back!

Tailor Your CV:Make sure to customise your CV to highlight relevant skills and experiences that align with the Assistant Underwriting Portfolio Analyst role. Use keywords from the job description to show us you’re a great fit!

Be Clear and Concise:Keep your application straightforward and to the point. We appreciate clarity, so make sure your writing is easy to read and free of jargon. This will help us understand your qualifications quickly.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Travelers

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 analysis in the past. Prepare examples that showcase your analytical thinking and familiarity with tools like Excel or PowerPoint.

Show Your Enthusiasm for AI

Since the role values a genuine interest in AI and emerging technology, make sure to highlight any relevant experience or projects. Discuss how you see AI enhancing data analysis and be prepared to share your thoughts on future trends in the industry.

Prepare for Stakeholder Scenarios

Collaboration is key in this role. Think of examples where you've successfully worked with different teams or stakeholders. Be ready to discuss how you managed competing priorities and kept everyone informed, as this will demonstrate your communication skills and ability to work in a team.

Understand the Insurance Landscape

Having a good knowledge of the local insurance marketplace is crucial. Do your homework on Travelers and the industry as a whole. Familiarise yourself with current trends and challenges in underwriting and portfolio analytics, so you can engage in meaningful conversations during the interview.