Senior Underwriting Portfolio Analyst

Marsh & McLennan Companies; City Of London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A dynamic insurance firm in London is seeking a Senior Underwriting Portfolio Analyst to support the underwriting team. The role involves analyzing data to improve underwriting performance, managing critical relationships, and designing portfolio management reporting. Ideal candidates will have experience in analytical roles within insurance and possess strong data analysis skills. This hybrid role requires at least three days a week in the office, fostering a collaborative environment.

Benefits

Professional development opportunities

Inclusive culture

Career progression opportunities

Qualifications

• Experience of portfolio management, pricing or any analytical role in insurance.
• Delivered actionable insights using large datasets from multiple sources.
• Good understanding of underwriting performance health indicators.
• Experience of improving process efficiency and automation.
• Experience of delivering analytical information to non-technical audiences.
• Working knowledge of databases/warehouse architecture and data governance.

Responsibilities

• Provide support in delivering actionable insights to the CUO team.
• Manage relationships with insurer partners.
• Support UW Portfolio Lead in creating portfolio management rhythm.
• Design and produce regular portfolio management reporting.
• Collect, analyse and interpret data to support management decisions.

Skills

Analytical skills

Problem Solving

Commercial Mindset

Data analysis in Excel

SQL/SAS/RStudio

Knowledge of PowerBI

Tools

Excel

SQL

PowerBI

Job description

R_323169 Senior Underwriting Portfolio Analyst

We are seeking a talented individual to join our Underwriting team at Victor Insurance UK, part of Marsh. This role will be based in London. This is a hybrid role that has a requirement of working at least three days a week in the office.

Victor is one of the largest MGAs in the world and part of the Marsh McLennan group. Victor UK currently write a book of commercial business spanning Property & Casualty, Motor, Financial Lines & Marine with specialist products delivering tailored solutions for targeted Customer segments.

Join a dynamic team who are focussed on delivering superior outcomes for the business by embedding Portfolio Management within the decision-making cycle and delivering key strategic projects.

Victor in the UK is empowered to operate with a great degree of autonomy within the Global Victor and Marsh umbrellas. We have the pace and dynamism of a small entrepreneurial business whilst our parentage affords us the access to the resources of a large corporation. The best of both worlds!

We will count on you to:

• Reporting to the Underwriting Portfolio Lead you will be accountable for providing support in delivering actional insights to the CUO team and managing relationships with insurer partners.
• Support and coaching by members of the senior leadership team who succeed and fail together.
• Support UW Portfolio Lead in creating and embedding portfolio management rhythm across Victor lines of business that delivers an effective process to support Product leads to deliver profitability.
• Design, development and production of regular portfolio management reporting for CUO and Heads of Underwriting to monitor performance of the UK portfolio.
• Work closely with Actuarial team to gather data requirements and support in delivering of key strategic data projects.
• Work closely with CUO and Portfolio lead to prepare for product QBRs, ensuring consistent reporting pack and insights.
• Collect, analyse and interpret data to support portfolio management decisions.
• Take ownership of portfolio management of given products and work closely with Product leads to provide actionable insights.
• Identify and effectively articulate trends and drivers of favourable/adverse performance verses plan.

What you need to have:

• Experience of portfolio management, pricing or any analytical role in insurance
• Delivered actionable insights using large datasets from multiple sources to improve underwriting performance.
• Good understanding of underwriting performance health indicators.
• Experience of improving process efficiency and automation.
• Experience of delivering analytical information to non-technical audiences.
• Working knowledge of databases/warehouse architecture and data governance.
• Experience of gathering project requirements and working with other teams to deliver them.

What makes you stand out?

• Critical and analytical
• Problem Solving
• Commercial Mindset
• Data analysis in Excel
• SQL/SAS/RStudio
• Knowledge of PowerBI

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X. Victor offers a connected culture of talented, inspired individuals, and a work environment where colleagues can grow and succeed. At Victor, your voice is heard, your skills are sharpened and your ambitions nurtured. We value diversity in thought and background and are looking for individuals who are up for the challenge of creating the insurance enterprise of the future. If that’s you, join us on our journey—with us by your side, you’ll be ready to tackle tomorrow’s challenges. Victor Insurance Managers LLC (“Victor”) is one of the world’s largest managing general underwriters with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $4 billion USD in premium on behalf of numerous insurance carriers, through a large network of more than 20,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company delivers a wide range of insurance solutions – from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor is committed to building on 65-plus years of experience to develop products and services that address the complex needs of its customers. For more information, visit www.victorinsurance.com. Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [e-mail]. Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person. #VictorUK