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
✨Join Construction Networks
Get yourself involved in local construction networks or industry events. They often have job boards, and networking can lead to unadvertised positions. Plus, it’s a great way to meet potential future colleagues!
✨Show Off Your Skills on Site
If you’ve done any hands-on work, whether it's through internships or personal projects, make sure you can showcase it. Consider volunteering for local construction projects or getting involved in community build days; it’s a solid way to demonstrate your skills and build connections.
✨Utilise Construction Job Sites
Don't just rely on the big job boards. Look at niche construction job sites—many companies prioritise these for full-time roles. Apply through these sites, but don’t forget to reach out directly to companies you admire, like Verisk Analytics, to express your interest!
✨Tailor Your Application for Full-Time Roles
Make your application stand out by tailoring it specifically for full-time positions. Highlight how your previous projects align with the company's work. At StudySmarter, we encourage you to demonstrate your commitment and long-term interest in the industry when applying for roles like Construction Cost Analyst at Verisk Analytics.
We think you need these skills to ace Construction Cost Analyst in London
Some tips for your application 🫡
Showcase Your Relevant Experience:In the construction industry, it's essential to highlight any hands-on experience you have. Whether it’s past projects you've worked on or specific roles you've held, make sure your CV emphasises your practical skills and contributions to construction sites.
Include Certifications and Qualifications:Don’t forget to list any certifications relevant to construction, like CSCS cards or other safety qualifications. These can really set you apart from other candidates and show that you’re serious about health and safety on-site.
Tailor Your Cover Letter to Construction:When writing your cover letter for a construction role, focus on your problem-solving capabilities and teamwork. Construction relies heavily on collaboration, so mention how you’ve worked successfully with others to complete projects on time and within budget.
Adapt Your CV Format to the Field:Ensure your CV is clear and easy to read, with sections dedicated to skills such as project management, technical abilities, and site supervision. Construction roles often require a blend of technical know-how and soft skills, so make sure both are highlighted effectively.
How to prepare for a job interview at Verisk Analytics
✨Brush Up on Technical Knowledge
For a construction role, it's crucial we have a solid grasp of industry standards, safety protocols, and specific tools used on-site. Make sure you're familiar with relevant regulations and can talk confidently about them, as these often come up in interviews.
✨Showcase Your Projects
Since this is a full-time position, be ready to discuss any previous construction projects you've worked on. Bring a portfolio or have detailed descriptions that highlight your role, the challenges you faced, and how you overcame them—this’ll show you’re not just book-smart but also practically savvy.
✨Understand the Team Dynamics
Construction is all about teamwork, so prepare to discuss how you interact with different stakeholders like architects, engineers, and contractors. Maybe think of examples from past experiences to illustrate your ability to communicate and collaborate effectively.
✨Prepare for On-the-Spot Problem Solving
Be ready for some practical questions or scenarios where you'll need to demonstrate your problem-solving skills. Interviewers might present you with a hypothetical construction issue to solve, so practice articulating your thought process clearly and logically—this could really set you apart!
