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Operations Analyst

  • Location: London
  • Salary: £23000 - £25000 per annum, Benefits: + bens
  • Job Type:Permanent
  • Sector: Office Support
  • Contact: Andy Yiannakou
  • Contact Email: a.Yiannakou@Select.co.uk
  • Contact Phone: 07956 097787
  • Job Ref: SF55101
Our Underwriting client operate within the credit and political risk insurance space; they are currently looking to recruit an Operations Analyst join their team.
Reporting into the CEO & CUO the primary purpose of this role is to assist in the administration of the underwriting portfolio of the insurance business. The role is focused on ensuring the timely and accurate data capture in respect of business underwritten.
Duties will include:
·Supporting the team in the underwriting process, including a daily underwriting review of submissions to ensure all data capture is accurate and up to date.
·Scanning and accurately filing all submission data and related documentary information, as provided by brokers and clients.
·Reviewing the various underwriting and system generated reports on a regular basis so that you can become aware of unusual trends and/or adverse movements.
·Assisting and working with risk modelling pricing tools.
·Building knowledge of market developments and becoming current in relevant classes of business.
·Ensuring accuracy and integrity of underwriting data in underwriting systems.
·Preparing quotes, policies, and endorsements for review by the team in an accurate and timely manner.
·Report Production - Formatting information for internal and external communication. For example, preparing memos, letters, invoices, statements, and other documents.
·Team Support - Producing timelines and supporting any active projects; Provide technical and administrative support to the team to ensure they are leveraging their underwriting time to the maximum
·Provide full diary management - organise internal and external meetings; Arranging travel and booking accommodation, as required.
Minimum Qualifications, Skills & Experience:
• Degree in a relevant field would be beneficial, but not essential.
• Numerate and analytical with strong attention to detail.
• Prepared to work towards an insurance related qualification.
• Proficiency in the Microsoft Office Suite of applications, as well as good experience with spreadsheets and database processing programs.
The role can be City based, Croydon based or a mixture of both.
Apply now, if you have the relevant skills & experience and are looking to challenge yourself in an ambitious and fast paced environment.