Insurance Portfolio Manager: Panels & Analytics

Willis Towers Watson; Ipswich; Hybrid; GBP 35,000 - 52,000; Full time

Benefits offered by this job

25 days annual leave

Private healthcare

Life insurance

Group income protection

Pension with matched contributions up

Hybrid working options

Employee assistance programme

Volunteer day

Electric vehicle car scheme

Share scheme

Cycle-to-work programme

Dental and optical cover

Critical illness protection

Job summary

Willis Towers Watson is seeking a Portfolio/Panel Analyst to support the oversight of insurer panels across regions, conduct panel performance reviews, and assist with RFP processes. You will analyze data, engage with brokers and insurers, and help optimise portfolio performance while supporting contract management.

The role offers hybrid working options and a comprehensive benefits package. A strong grasp of data, insurance market dynamics, and MS Office is valued.

Qualifications

• Be curious, proactive and keen to learn.
• Demonstrate good judgement and an organized approach.
• Be a confident communicator, able to build positive relationships with colleagues and stakeholders.
• Show an interest in understanding the insurance market, client needs and business objectives.
• Be comfortable working with data and information, drawing insights and supporting recommendations.

Responsibilities

• Support the oversight of the performance and composition of the insurer base for the panels in one or more geographical regions.
• Assist with the periodic panel performance reviews, using data, market insight and broker feedback to drive strategic recommendations on panel composition, insurer participation and portfolio optimisation.
• Support the delivery of RFPs for FINMAR panels, evaluating insurer appointments and ensuring our processes and approach is best practice / fit for purpose.
• Analyse data and use trading and market insights (via meetings with Brokers and Insurers) to understand and provide subject matter expertise on the overall health of the panel and its individual insurers. Monitor insurer service levels, identifying the drivers of any underperformance.
• Support insurers, where required, to improve analytics or provide guidance particularly in relation to the data services.
• Assist with panel financial performance, including budgeting, revenue forecasting, accrual oversight and coordination with finance teams to ensure accurate reporting and invoicing.
• Build and maintain effective relationships with a variety of internal stakeholders and also insurers and insurer prospects where appropriate.
• Support the management of the FINMAR contracts across panels, working closely with group legal and the insurers.
• Contribute to projects, initiatives and any other duties commensurate with position or level of responsibility.

Skills

Curious & proactive

Good judgement & organized

Confident communicator

Data-driven mindset

Attention to detail

Process adherence

Tools

Excel

PowerPoint

Word

Power BI

Job description

Willis Towers Watson is seeking a Portfolio/Panel Analyst to support the oversight of insurer panels across regions, conduct panel performance reviews, and assist with RFP processes. You will analyze data, engage with brokers and insurers, and help optimise portfolio performance while supporting contract management.

The role offers hybrid working options and a comprehensive benefits package. A strong grasp of data, insurance market dynamics, and MS Office is valued.