At a Glance
- Tasks: Research and analyse construction costs, maintain pricing databases, and support customer enquiries.
- Company: Join Verisk Claims Solutions, a leader in data analytics for the insurance industry.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Be part of a respected team at the intersection of construction, insurance, and data.
- Why this job: Make a real impact by delivering valuable insights in construction and insurance.
- Qualifications: 5+ years in construction or insurance; strong analytical and communication skills.
The predicted salary is between 50000 - 60000 £ per year.
Verisk Claims Solutions is a leading provider of data, analytics, and technology solutions to the global insurance industry. We help insurers, loss adjusters, contractors, and claims professionals make faster, more informed decisions through industry-leading property estimating, claims, and pricing solutions.
As part of Verisk, a global data analytics organisation, we combine deep industry expertise with innovative technology to help our customers improve efficiency, manage risk, and deliver better outcomes. Our UK Property Pricing Team plays a critical role in providing trusted construction cost intelligence and market insight to insurers and property professionals across the UK.
We are looking for an experienced Construction Cost Analyst to join our UK Property Pricing Team in London. This role combines construction expertise, data analysis, research, and customer support to help deliver industry-leading construction cost data and pricing services to the insurance market.
You’ll be responsible for:
- Researching construction costs, maintaining pricing databases, analysing market trends, producing reports, and supporting insurers with estimating exercises, claim reviews, and pricing enquiries.
Responsibilities:
- Research and analyse UK construction costs and market trends.
- Maintain and develop construction pricing schedules and databases.
- Produce regular and ad-hoc reports and economic analysis.
- Support pricing requests and customer enquiries.
- Assist with claim reviews, audits, and estimating exercises.
- Deliver construction cost insights and recommendations.
- Build strong relationships with customers and industry stakeholders.
- Contribute to continuous improvement of research and data processes.
Qualifications:
- Minimum 5 years’ experience within the UK construction or insurance industry.
- Background as a Quantity Surveyor, Buyer, Construction Manager, Engineer, Building Surveyor, Loss Adjuster, or similar.
- Strong knowledge of UK construction practices and costs.
- Experience using estimating software and Microsoft Excel.
- Excellent analytical, communication, and organisational skills.
- Data analysis experience.
- Strong attention to detail and a proactive approach.
Desirable:
- Degree in Construction Management or a related discipline.
- Insurance surveying or loss adjusting experience.
This is an excellent opportunity to join a respected team at the intersection of construction, insurance, and data analytics, where you’ll play a key role in delivering valuable market insight and industry-leading pricing solutions.
Construction Cost Analyst in London employer: Verisk Analytics
Verisk Analytics is an exceptional employer that fosters a collaborative and innovative work culture in the heart of Greater London. With a strong emphasis on employee growth, we offer mentorship opportunities and the chance to work on cutting-edge AI-driven projects that enhance decision-making in the insurance industry. Our commitment to professional development and a supportive environment makes us an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Construction Cost Analyst in London
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at local events. Building connections can lead to job opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Show us you’re genuinely interested in what we do at Verisk and how you can contribute to our success.
✨Tip Number 3
Practice your answers to common interview questions, especially those related to construction costs and market trends. We want to see your expertise shine through!
✨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 us you’re serious about joining our team.
We think you need these skills to ace Construction Cost Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in the UK construction or insurance industry. We want to see how your background as a Quantity Surveyor or similar fits with what we do at Verisk.
Showcase Your Skills:Don’t forget to emphasise your analytical and organisational skills! We’re looking for someone who can handle data analysis and produce insightful reports, so let us know how you’ve done this in the past.
Be Clear and Concise:When writing your cover letter, keep it straightforward. We appreciate clarity, so get straight to the point about why you’re the perfect fit for the Construction Cost Analyst role.
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 don’t miss any important updates from our team!
How to prepare for a job interview at Verisk Analytics
✨Know Your Numbers
As a Construction Cost Analyst, you'll need to demonstrate your understanding of construction costs and market trends. Brush up on recent data and be ready to discuss how you’ve used this information in past roles. This shows you’re not just familiar with the numbers but can also apply them effectively.
✨Showcase Your Analytical Skills
Prepare to talk about specific projects where you've analysed data or produced reports. Use examples that highlight your analytical prowess, especially in relation to construction pricing or cost estimation. This will help the interviewers see your practical experience in action.
✨Build Rapport with Examples
Since building strong relationships is key in this role, think of instances where you've successfully collaborated with clients or stakeholders. Share stories that illustrate your communication skills and ability to support customer enquiries, as this will resonate well with the interviewers.
✨Be Proactive About Continuous Improvement
The job description mentions contributing to continuous improvement of research and data processes. Come prepared with ideas or examples of how you've improved processes in previous roles. This shows you're not just a doer but also a thinker who can add value to their team.
