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Graduate Underwriting Analyst

2 months ago

London, Greater London, United Kingdom mbf Full time

Position: Graduate Underwriting Data Analyst

Location: Hybrid - City of London

Company Overview:

Our organization is a prominent player in the global specialty Re/Insurance sector, seeking a motivated Underwriting Analyst / Assistant to enhance our Specialty Treaty Underwriting team. Recognized for delivering exceptional service and innovative solutions, we offer unparalleled opportunities for professional advancement.

Key Responsibilities:

As an Underwriting Analyst, you will be integral in supporting the Specialty Team and the Department Head by:

  • Underwriting and Administration: Assist in the management of the Specialty Treaty Portfolio, ensuring efficient administration and precise underwriting.
  • Data Management: Enter and update information across various databases, maintaining current and accurate systems.
  • Tool Development: Create, enhance, and sustain rating and aggregation tools to facilitate underwriting processes.
  • Preparation and Assistance: Collect data for client engagements and underwriters' travel, and aid in generating periodic reports on aggregate exposure, capacity utilization, and stress testing.
  • Interdepartmental Collaboration: Communicate with other underwriting divisions, Actuarial, Claims, and accounting teams, as well as various offices regarding shared underwriting and modeling practices.
  • Project Participation: Engage in various team and company projects, contributing to innovative solutions and enhancements.
  • Broker Engagement: Establish and nurture strong relationships with brokers to improve communication and collaboration.

Essential Qualities:

  • Exceptional analytical abilities with a keen eye for detail.
  • Strong mathematical aptitude.
  • Effective time management and organizational skills.
  • Collaborative team player with excellent communication and negotiation skills.
  • Highly driven, demonstrating integrity and a commitment to learning and seeking new opportunities.
  • Flexible and adaptable to evolving business needs, showcasing problem-solving capabilities.

Technical Skills:

  • Advanced Excel proficiency, with solid knowledge of Word and Outlook. SQL skills are advantageous.
  • Strong analytical skills are crucial for this role.

Qualifications and Experience:

  • A university degree is required, with a focus on mathematics being essential.
  • High proficiency in English (A-level or high GCSE grade).
  • Willingness to pursue the ACII professional qualification.
  • Previous experience in the industry is a plus.

Why Consider This Opportunity?

This role offers a remarkable chance to be part of a leading global specialty Re-insurance firm. We provide a collaborative and innovative work environment where your skills and expertise will be recognized and nurtured. With flexible working options and a strong commitment to professional development, this position promises both challenges and rewards.

Looking Forward:

If you are enthusiastic about underwriting and data analysis and are ready to contribute to a dynamic and progressive team, we encourage you to consider this opportunity. At MBF, we value diversity and inclusivity, striving to create a welcoming culture for all.

We actively encourage applications from individuals of all backgrounds, including but not limited to race, ethnicity, gender, age, religion, disability, sexual orientation, and gender identity, ensuring each application is assessed fairly based on skills and capabilities.

Our goal is to foster an environment where everyone feels valued, supported, and represented appropriately. If you require any assistance or accommodations during the application process, please inform us.

We look forward to collaborating with our clients to build diverse teams for a more innovative and inclusive future.