Underwriting Performance Analyst

The Opportunity
At Carbon, we're delegating differently by combining our strong insurance expertise with cutting edge technology. As we rapidly scale globally, and continue to advance Graphene, our proprietary owned data ecosystem, we remain guided by our core pillars of People, Partnerships and Innovation. If you want to join an exciting business powered by the latest technology, and are energised by collaboration, big ideas and making a meaningful impact to our partners, then this role is for you: Underwriting Performance Analyst.

About Us
Founded in 2018, Carbon's mission is to transform delegated underwriting and raise the standard for the industry. Our open underwriting model connects data, insight and people to enable stronger decisions and more dynamic portfolio management, bringing greater transparency, clarity and confidence to our partners and to the way the whole market works.

We're proud to have been recognised by The Sunday Times as a Best Place to Work in both 2024 and 2025, reflecting our warm, inclusive culture and our energetic, entrepreneurial spirit. Our friendly, modern offices foster creativity and connection, while our partnership with Google Cloud, where we are celebrated as a success story, demonstrates our commitment to innovation and technology at the highest level.

At Carbon, our values shape who we are every day: Win as one, Keep spirits high, Blaze a trail, Speak up, listen up. If you're looking to join a modern team with bold ambitions and real momentum, we'd love to meet you.

Location:
5th Floor, 9A Devonshire Square. London. EC2M 4YN

Start date:
Immediate

Role type:
Permanent, full-time, hybrid

The Role
We're looking for a commercially minded analyst with strong data presentation and business partnering skills to join our growing InsurTech team. This role sits at the intersection of underwriting, business analytics, and insurance performance — ideal for someone with 1–3 years of experience who thrives in a fast-paced, data-driven environment.

The Underwriting Performance Analyst plays a key role in monitoring, analysing, and enhancing the financial and operational performance of Carbon's syndicate. This role combines technical financial understanding with commercial insight to support strategic decision-making, planning cycles, and regulatory reporting.

Key Responsibilities

• Analyse the financial performance of the syndicate, including combined ratios, investment income, and capital efficiency.
• Track actual vs. plan performance across premium, claims, expenses, and technical result.
• Produce monthly, quarterly, and annual MI packs for executive, board, and Lloyd's returns.
• Investigate drivers of performance variances and identify opportunities for improvement.
• Translate technical performance outputs into actionable recommendations for underwriters and management.
• Work cross-functionally with underwriting, finance, claims, and exposure teams.

About You

• 1–3 years of experience working within the Lloyd's or London Market, ideally within a managing agent, syndicate, or actuarial consultancy.
• Experience in analysing underwriting performance for a book of business.
• Proficient with at least one BI tool (Looker, Power BI, Tableau, etc.) and capable of building productionised dashboards.
• Comfortable working with data sets; SQL essential, Python desirable.
• Able to communicate effectively with both technical and non-technical stakeholders.
• Curious, commercially aware, and eager to work in a collaborative, startup-style environment.
• Degree in a numerical, financial, or analytical discipline (e.g., Mathematics, Actuarial, Finance, Economics).
• Progress towards a professional qualification (CII, FIA, ACA, CFA) is advantageous.