Underwriting Operations Analyst

Heat Recruitment; Greater London; Hybrid; USD 40,149 - 66,916; Full time

Job summary

An innovative insurance broking firm is seeking an Underwriting Operations Analyst to enhance their underwriting department. This entry-level role involves optimizing workflows, ensuring efficient operations, and supporting the underwriting process. The ideal candidate will possess strong analytical skills, a background in finance or mathematics, and a passion for improving business processes. With a hybrid working model, you will have the opportunity to work in a collaborative environment while developing your expertise in the insurance industry. Join this dynamic team and contribute to the success of underwriting operations while building valuable relationships in the marketplace.

Qualifications

• Experience in the Delegated Underwriting Authority/insurance market is essential.
• Strong analytical mindset and proficiency in MS Office are crucial.

Responsibilities

• Support delegated underwriting activities and ensure operational efficiency.
• Communicate effectively with clients and maintain strong relationships.

Skills

Analytical Skills

Problem-Solving Skills

Communication Skills

Interpersonal Skills

Time Management

Education

Bachelor’s degree in Mathematics

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Tools

MS Office (Excel, Word, PowerPoint)

Data Visualization Tools

Job description

An insurance broking client of ours is looking for an Underwriting Operations Analyst to join their growing team.

As an Underwriting Operations Analyst, you will play a key role in supporting the underwriting department’s day-to-day operations. You will help optimise processes, ensure efficiency, and contribute to the accurate and timely execution of underwriting policies and practices. The ideal candidate will have a strong analytical mindset, experience in operations, and a passion for improving business workflows.

Hybrid working with 2/3 days per week required in the office in central London.

Key Requirements:

• Experience working within the Delegated Underwriting Authority/insurance market.
• Bachelor’s degree in mathematics, Finance, Economics, or related field (or equivalent experience).
• Strong analytical and problem-solving skills, with a keen eye for detail.
• Excellent communication and interpersonal skills.
• Strong proficiency in MS Office (Excel, Word, PowerPoint); experience with data visualization tools is a plus.
• Ability to work under pressure and manage multiple tasks in a fast-paced environment.
• Knowledge of insurance products, regulatory standards, and compliance requirements is advantageous.

Key Responsibilities:

• Account handling: support the activities for all matters related to delegated underwriting including guiding and supporting coverholders through the application process, bordereaux production, ongoing monitoring and data analytics.
• Organisation: promote strong time-management skills, attention to detail and ability to manage multiple tasks simultaneously. Ensure smooth workflow and operational efficiency across various functions.
• Communication: effectively communicate with clients, underwriters and colleagues in a professional and timely manner.
• Representation: represent the interests of clients and C J Coleman in the marketplace.
• Relationship Management: develop and maintain excellent relationships with intermediaries, underwriters and colleagues.
• Develop: work alongside senior colleagues to expand your understanding of delegated underwriting and binding authorities.

Seniority level

Entry level

Employment type

Full-time

Job function

Analyst

Industries

Insurance