Associate Underwriting & Assurance Analyst

First Central; Manchester; On-site; GBP 30,000 - 40,000; Full time

Job summary

First Central seeks an Associate Underwriting & Assurance Analyst to support the Underwriting & Assurance team in Manchester. This role involves analytical projects aimed at optimising underwriting performance through data analysis. Ideal candidates are detail-oriented, have a degree in a numerical field, and possess strong analytical and problem-solving skills.

Qualifications

• Minimum 2:1 in a numerical undergraduate discipline required.
• Strong mathematical skills and logical thinking preferred.
• Good communication skills, both verbal and written.

Responsibilities

• Support development and optimisation of Underwriting Footprint.
• Produce performance analysis to guide business decisions.
• Collaborate with teams to align initiatives with objectives.

Skills

Analytical skills

Problem-solving

Attention to detail

Education

Degree in a relevant Numerical subject

Tools

SAS

SQL

Databricks

Job description

We’re 1st Central, a market-leading insurance company utilising smart data and technology at pace. Rapid growth has been based on giving our 1.4 million customers exactly what they want: great value insurance with an excellent service. And that’s the same for our colleagues too; we won Insurance Employer of the Year at the British Insurance Awards 2024 and our Glassdoor score is pretty mega too!

Are you someone who enjoys working with numbers and solving problems? Do you have a strong analytical mindset and a background in a numerical subject? Are you naturally curious and always looking for better ways to approach challenges? If so, we’d love to hear from you!

We’re looking for an Associate Underwriting & Assurance Analyst to join our Underwriting & Assurance team either based in our Salford Quays, Manchester or Haywards Heath, West Sussex offices.

The Underwriting & Assurance Team are tasked with using analytics and insight to drive the ongoing optimisation of the 1st Central Group underwriting footprint, and the monitoring of underwriting performance, to support the delivery of profit and volume targets for the business.

In this role you’ll contribute to and support various projects in these areas and to produce analysis to support the team’s wider objectives.

We’re all about people and we’re passionate about continuous improvement, so you’ll share your thoughts with the team to continually progress our methods and team knowledge.

Core skills we’re looking for to succeed in the role:

• A degree in a relevant Numerical subject
• Strong analytical skills
• A problem solving mindset

What’s involved:

• Support the ongoing development and optimisation of the Underwriting Footprint across First Central’s Motor and Home products
• Produce analysis and explore statistical techniques to assess benefit and business impact of proposed changes to Underwriting Footprint including opportunities for profitable growth/expansion and to address any segments of performance concern
• Utilise relevant data sources and tools/packages, e.g. SAS, SQL, Databricks, RADAR, to produce high quality analysis
• Explore sources of third party data enrichment and assess opportunities to enhance Underwriting Footprint controls
• Produce ad-hoc performance analysis to support timely business decision making
• Collaborate with colleagues within team and across wider business, including Technical Underwriters, Pricing and Retail teams, to ensure initiatives are aligned with company objectives as well as customer and regulatory outcomes
• Assist with deployment of Underwriting Footprint rate changes
• Help to identify opportunities for improvement and refinement within Underwriting criteria or processes, and surface these to the appropriate stakeholders
• Support the ongoing Internal monitoring of the Reinsurance Programme and monitoring of Competitor Underwriting activity
• Proactively own personal development – researching and learning about new tools, techniques, and data sources which may benefit the team, under the guidance of the Head of Underwriting Analytics and other team colleagues
• Comply with the requirements, and act in accordance with, the Group Code of Conduct and Fitness and Propriety policies at all times
• Ensure compliance with Company Policies, Values and guidelines and other relevant standards/ regulations at all times
• Any other reasonable duties

Experience & knowledge

• Experience with analytical programming languages and packages, such as SAS, SQL, Databricks
• Experience with RADAR beneficial, but not essential.
• Knowledge of statistical methods and analytical techniques
• Knowledge of personal lines general insurance preferred
• Strong commercial acumen

Skills & qualifications

• Minimum 2:1 in a numerical undergraduate discipline

• Strong mathematical skills

• Good time management and organisation skills

• Strong problem-solving mindset, with the ability to adopt a logical approach to solving problems
• Data and statistical analysis skills preferred
• Strong IT skills (including Excel and ideally programming skills)
• Good communication skills, both verbal and written
• Logical thinker with solid reasoning ability
• Commercially focussed
• Emphasis on attention to detail and accuracy
• Quick learner

Behaviours

• Aligned to the values of Ambition; Agility; Ownership; Collaboration

• Self-motivated and enthusiastic
• An organised and proactive approach
• Ability to work on own initiative and as part of a team
• A flexible approach and positive attitude
• Strives to drive business improvements to contribute to the success of the business

Are you the person we’re looking for? If so, we look forward to hearing from you. Apply today!

Want to know what it’s really like to work at First Central? Take a look at our Glassdoor reviews.

What can we do for you?

People first. Always. We’re passionate about our colleagues and know the best people deserve an extraordinary working environment. We owe it to them so that’s what we offer. Our workplaces are energetic, inspirational, supportive. To get a taste of the advantages you’ll enjoy, take a look at all our perks in full here .

Intrigued? Our Talent team can tell you everything you need to know about what we want and what we’re offering, so feel free to get in touch.