Description
Data Analyst/Insurance/Property/Delegated Authority/Underwriting
Our client, a leading London based Insurer has a requirement for a Data Analyst with Insurance Industry experience to join their tea, The ideal candidate will be operating in a similar role in another insurer and will have excellent Excel skills, strong Data Analysis experience, as well as experience in the Property binders business.
Role of Department
The Data team provide a central information and analytics service to the business. The Specialty Property Binders class of business is written on a delegated authority basis; providing property coverage for small and medium sized businesses, together with homeowner and dwelling coverage for individuals. Business is written in all states of the US as well as targeted business in Canada, Australia and New Zealand.
Key Responsibilities
- Preparation of account analysis files prior to contract renewals - focussing on key performance metrics
- Obtaining, reviewing and analysing weekly and monthly Management Information reports
- Ad hoc reporting to support business planning, divisional management meetings and management data requests
- Identify areas for process improvement to achieve better accuracy and efficiency for the underwriting team
- New business analysis to identify pricing adequacy for risks presented by the broker to the Underwriter
- Be a point of contact with Actuarial and Exposure management for data related queries
- Assist the Underwriters in minimising risk by ensuring the accurate analysis and ongoing monitoring of aggregate information.
- Be the data and analytics expert for the Specialty Property Binders team
- Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy
Skills and Experience
- The successful candidate will have sensible judgement and meticulous attention to detail and will be highly service focussed
- Graduate degree or equivalent desirable
- Insurance experience
- Strong knowledge of insurance business practices focused on the London market, with delegated underwriting knowledge desirable.
- Advanced office skills especially Excel and familiarity with Microsoft PowerPivot
- Familiarity with SQL
- Excellent communication skills - both verbal and written
- Strong reasoning capabilities - logical thinking and good problem-solving skills
- Understanding of data management principles
- Progress towards ACII desirable