Insurance Analyst

Give A Grad A Go Ltd
Tower Hill, UK
Closing date
31 Oct 2020

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Contract Type
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Looking for Insurance Analyst jobs in London and keen to work for a highly regarded Liability Insurance firm that specialises in the medical, pharmaceutical and health care sectors? Apply for this Insurance Analyst opportunity for graduates today!

Company profile

In this Insurance Analyst role in London, you will be joining an insurance company that specialised in underwriting international liability risks. It is a hugely interesting time to be working in their key sectors of Healthcare, Medicine and Pharmaceuticals. Their main aim is to provide market leading propositions that have longevity and specialist knowledge at their centre. Due to continued commercial success, they are looking to bring a scientifically minded Underwriting Analyst onboard to help continue their growth!

Job description

In this Insurance Analyst job for graduates, you will be trained and taught about all facets of liability insurance and its applications within the healthcare and life science sectors. This role will entail negotiation of policies as well as developing relationships with key industry stakeholder. Once trained, you will be contributing to the development and launch of a new product focused on Infectious Diseases. See the full responsibilities below:

Key responsibilities

In this Insurance Analytical job in London, your responsibilities will include:
  • Understanding the underwriting of liability insurance, particularly from a healthcare/life science perspective
  • Developing relationships within both the Global Insurance and Healthcare Industries
  • Negotiating of insurance policies with brokers
  • Working with the Head of Underwriting to build and launch a new Infectious Disease Insurance product; this will involve:
    • Applying statistical and technical analysis to develop litigation and loss modelling
    • Analysing infectious disease exposures by industry
    • Establishing a new policy wording which is best in class and dedicated to the complexity of the exposure
    • Working with actuaries to develop a rating model
    • Presenting to capital providers on the exposures and strategy
    • Development of EEA product working in conjunction with company's EU office
  • Underwriting and administrative support to Heads of Underwriting

Job requirements
  • Educated to PhD or MSc level in life sciences (Epidemiology, Infectious Diseases and related fields preferred)
  • Keen interest in working in insurance / financial services jobs sector
  • Confident in liaising and negotiating with 3 rd parties
  • Strong analytical skills and knowledge of Excel
  • Proactive, enthusiastic approach and a strong team player
  • Commercial experience in science/healthcare or finance services a plus

Benefits of the job
  • A great starting salary between £30,000 - £50,000 DOE
  • Fantastic training and exposure
  • Sponsorship for Insurance qualifications (Certificate in Insurance and ACII)
  • Amazing offices in Central London
  • Exposure to Board and other Senior Management within the Insurance Industry
  • International travel after training period (subject to Covid-19)

Looking for graduate Insurance Underwriting Analyst roles and want to join a market-leading Insurance business? If you're a driven science graduate with excellent research skills and an interest in infectious diseases, apply for this Analytical Insurance Underwriter position in London today!

Discover more Analyst Graduate Jobs in London and across the UK. Or find out the best way to answer common Interview Questions.
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