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Underwriting Operations Analyst

Heat Recruitment

London

Hybrid

GBP 40,000 - 70,000

Full time

9 days ago

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Job summary

An innovative insurance broking firm is seeking an Underwriting Operations Analyst to enhance their underwriting team's efficiency. In this pivotal role, you will optimize processes and ensure the accurate execution of underwriting policies. The ideal candidate will possess strong analytical skills, a background in operations, and a passion for improving workflows. This position offers a hybrid working model, allowing you to balance office presence with remote work. Join a dynamic team where your contributions will drive significant improvements and foster strong relationships within the insurance market.

Qualifications

  • Experience in the Delegated Underwriting Authority/insurance market is essential.
  • Strong analytical mindset with excellent problem-solving skills.

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.
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