Insurance Technical Analyst

Sompo International; Greater London; On-site; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Health & Wellness Benefits

Retirement & Savings Plans

Global Parental Leave & Adoption

Employee Assistance Program

Tuition Reimbursement & Qualifications

Job summary

Sompo International is hiring an Insurance Technical Analyst in our London office on a fixed-term basis until 30 June 2027. The role focuses on controlling risk information, premium accounting and underwriting records, while delivering essential reports and maintaining regulatory compliance.

You will collaborate with Insurance Operations teams, support offshore colleagues, and build strong stakeholder relationships in a fast-paced environment.

Qualifications

• Strong knowledge of (re)insurance concepts and practices.
• Proficiency with MS Excel and standard MS Office tools.
• Excellent communication, organization and analytical abilities.
• Ability to work independently and collaboratively in a team.
• Exposure to Lloyd's market is advantageous.

Responsibilities

• Contribute to operational team plans and set work priorities.
• Support procedures and controls for managing contractual risk information, premium accounting, and underwriting records.
• Deliver reports including exception reports and regulatory documentation.
• Build strong stakeholder relationships and ensure regulatory compliance.
• Support and guide offshore teams and align with underwriter expectations.

Skills

Re/insurance knowledge

MS Office (Excel)

Analytical skills

Interpersonal skills

Independent worker

Lloyd’s market exposure

Insurance qualifications progress (CII

Education

Degree-level education

CII Dip (beneficial)

Job description

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for an Insurance Technical Analyst in our Insurance Operations team on a fixed-term basis until 30 June 2027.

Our Insurance Operations team plays a critical role in delivering excellent and cost-effective support services to Insurance Operation Team Heads and other relevant stakeholders. We focus on areas such as risk and exposure recording, insurance premium accounting, underwriting management information, and internal cyclical and ad-hoc reporting to drive business success.

Location: This position will be based out of our London office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

• Contribute to operational team plans and determine work priorities to achieve team objectives.
• Support Sompo’s Insurance segment procedures and controls for managing contractual risk information, premium accounting, and underwriting records.
• Deliver reports such as exception reports, performance data, and regulatory-focused documentation to meet business obligations.
• Build strong stakeholder relationships and provide effective services while ensuring compliance with legal and regulatory requirements.
• Support and guide offshore teams and ensure alignment with Underwriter expectations.

What you’ll bring:

• Relevant knowledge of (Re)insurance customs, practices, and procedures, with a sound understanding of (Re)insurance concepts.
• Working knowledge of company systems and strong proficiency in MS Office applications, particularly Excel.
• Strong interpersonal and communication skills, along with excellent organizational and analytical capabilities.
• Ability to work independently and collaboratively within a team environment, managing conflicting priorities effectively.
• Broad-based (Re)insurance experience, preferably with Lloyd’s market exposure.
• Degree-level education (or equivalent) and progress toward insurance qualifications such as CII Dip are beneficial but not essential.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.

Below is a summary of some of the benefits we offer, which may vary depending on the country:

• Health & Wellness Benefits
• Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance
• Employee Assistance Program
• Tuition Reimbursement & Professional Qualification benefits

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values-Accountability, Agility, Collaboration, Development, and Integrity we build trust and support one another to achieve our goals worldwide.

Life at Sompo | Sompo

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contactthe recruiter in charge.