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- Tasks: Join us as an Operations Analyst, handling risk assessments and collaborating across teams.
- Company: InsurX is revolutionising the insurance industry with cutting-edge technology for brokers and insurers.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and hands-on experience.
- Why this job: Be part of a transformative journey in a rapidly digitalising market with a diverse and curious team.
- Qualifications: Strong organisational skills, excellent communication, and a passion for tackling challenges are key.
- Other info: This role offers a chance to shape the future of insurance while gaining valuable insights.
The predicted salary is between 36000 - 60000 £ per year.
InsurX are on a mission to build the technology that connects any broker and any insurer so they can exchange risk without friction.
After our first partners signed up in late 2022, 27 broking houses and 22 insurers have now traded over $150m in premium using our technology. We’re targeting $1B of premium traded using our technology by the end of 2027.
The insurance market is ripe for change and rapidly digitalizing – this isn’t just our opinion, it’s the market’s consensus. The insurance industry is like investment banking in the late ‘70s: it’s about to go through its own “Big Bang”. InsurX is leading the charge. We’re making a success of it by we’ve assembling a stellar team of diverse talent, uniting technology expertise with deep knowledge of the insurance business. Our team is united by intellectual curiosity and a determination to change insurance for the better.
About Us:
InsurX are on a mission to bring the $2tn complex commercial insurance industry into the 21st century . We’re doing that by growing our two-sided digital exchange that connects brokers and insurers to algorithmically trade risks – everything from large scale infrastructure projects to major artists’ tours – in a data-driven way.
We started the company in 2022, processed $20M of premium in our first year of trading, and quadrupled that in 2024. We’re targeting $1bn of premium to flow through our Exchange by the end of 2026 .
The insurance market is ripe for change and rapidly digitalising – this isn’t our opinion, but something put forward by the market itself. We’re at the forefront of this modernisation and leading the charge.
We’re finding success by combining insurance expertise with outside talent. We want people to join who are curious, growth-hungry, love a challenge and taking on initiative.
About You:
These aren’t strict requirements, but we think someone who is a good candidate for the role fits most of the above:
· Strong organisational skills with high attention to detail
· Excellent communication and interpersonal skills, effectively able to work with internal teams and external stakeholders
· Capable of establishing and nurturing strong relationships with customers and help InsurX deliver value to them
· Comfortable in a high-paced environment
About The Role:
Operations Analysts at InsurX cover a huge breadth of tasks and responsibilities. We want to nurture talent and get you involved with the parts of the business you’re most excited about. The core responsibilities for a Ops Analyst however are:
· Being the first point of contact for brokers submitting risks through our platform
· Assessing risks against the algorithm and providing quotes back to brokers
· Preparing insurance slips to be authorised
· Conducting critical quality assurance of our data & reporting suite
· Gain insights from our insurer and broker partners to widen the scope of business which flows through our Exchange platform
· Develop and maintain tooling to manage our commission collection process
· Collaborate with teams across the business to understand how we can continue to deliver value to our customers and gain hands-on experience launching new products and types of large commercial & specialty insurance
Compensation range
- London: £0 – £0 gross annually*
- Other locations: Compensation will be discussed during the interview process
*Final compensation will be determined based on the candidate\’s qualifications, skills, and previous experience
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Operations Analyst Office: London employer: Wayfindi
Contact Detail:
Wayfindi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Analyst Office: London
✨Tip Number 1
Familiarise yourself with the latest trends in the insurance industry, especially around digitalisation and technology. Understanding how InsurX is positioning itself in this rapidly changing market will help you speak confidently about their mission during any discussions.
✨Tip Number 2
Network with professionals in the insurance and tech sectors. Attend industry events or webinars to connect with people who work at InsurX or similar companies. This can provide you with valuable insights and potentially a referral.
✨Tip Number 3
Demonstrate your organisational skills and attention to detail in any interactions you have with the company. Whether it's through follow-up emails or during informal chats, showcasing these traits can set you apart as a candidate.
✨Tip Number 4
Prepare to discuss how you can contribute to the team’s goals, particularly in enhancing customer relationships and improving operational processes. Having specific ideas ready can show your initiative and growth mindset, which are highly valued at InsurX.
We think you need these skills to ace Operations Analyst Office: London
Some tips for your application 🫡
Understand the Company: Before applying, take some time to understand InsurX's mission and values. Familiarise yourself with their technology and how they aim to revolutionise the insurance industry. This knowledge will help you tailor your application.
Highlight Relevant Skills: In your CV and cover letter, emphasise your strong organisational skills, attention to detail, and communication abilities. Provide specific examples of how you've successfully worked in high-paced environments or built relationships with stakeholders.
Tailor Your Application: Make sure your application reflects the responsibilities of the Operations Analyst role. Discuss your experience with risk assessment, quality assurance, and any relevant tools or processes you've used in previous roles.
Craft a Compelling Cover Letter: Use your cover letter to express your enthusiasm for the role and the company. Mention why you're excited about the opportunity to contribute to InsurX's mission and how your background aligns with their goals.
How to prepare for a job interview at Wayfindi
✨Understand the Company Mission
Before your interview, make sure you fully grasp InsurX's mission to revolutionise the insurance industry. Familiarise yourself with their technology and how it connects brokers and insurers. This will show your genuine interest in the company and its goals.
✨Highlight Relevant Skills
Given the role's focus on organisational skills and attention to detail, prepare examples from your past experiences that demonstrate these abilities. Be ready to discuss how you've successfully managed tasks in a high-paced environment.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and ability to handle real-world scenarios. Think of situations where you had to assess risks or communicate effectively with stakeholders, and be prepared to share those stories.
✨Show Your Curiosity and Initiative
InsurX values candidates who are curious and growth-hungry. During the interview, express your eagerness to learn and take on challenges. Discuss any initiatives you've taken in previous roles that align with this mindset.
