Business Analyst

Recruiter
AMC Insurance Appointments Ltd
Location
London, South East England
Salary
35000.0000
Posted
10 Jun 2017
Closes
10 Jul 2017
Contract Type
Permanent
Hours
Full Time

Reporting to the Managing Director of this specialist Lloyd’s broker, the Business Analyst will be responsible for: evaluating complex risks and assessing the potential financial consequences of those risks; ensuring premium rates are set accurately and the adequate funds exist to meet claims; carrying out performance reviews of contracts and analysing the data as well as carrying out pricing reviews.

Specific duties and responsibilities include: Using data and mathematical modelling techniques and statistical concepts; Data verification; Determining probability, assessing and monitoring risk; Analysing reports and creating suggestions for strategic and operational improvements; Analysing statistical data in order to make calculations; Preparing presentations, reports, valuations and quarterly updates; Presenting reports and explaining their implications to managers; Assisting with audits, internal and external and Reviewing processes.

In addition to IT Skills to include Microsoft Word, Excel, PowerPoint; Outlook as well as Insurance specialised systems, the successful candidate will have excellent numeracy skills; Research, analytical and problem-solving ability and a deep understanding of economics and of the legislation relating to the Insurance market.