Analyst - Pen Underwriting

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Finance
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51022 Requisition #
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We are currently seeking to hire an Analyst to join Pen’s established Underwriting Insight & Pricing team in our vibrant London office on Lombard Street. The primary goal is the improvement of underwriting decisions to affect underwriting performance.  

 

Your role has the ability to work across different functions within our business; this is what makes it such a unique opportunity.  You role will contain data analytics, visualisation and data administration.

 

You’ll need to have sound judgement, excellent interpersonal skills and the ability see the bigger picture; attention to details and strong analytical skills are essential. 

 
Your Key Accountabilities:
 
  • Deliver analytical solutions for all underwriting lines
  • Recommend initiatives to enhance underwriting profitability
  • Measure impact of underwriting actions, rate change, renewal retention, new and lost business
  • Support the collection and maintenance of pricing/reserving data
  • Ensure accuracy, timeliness, reporting and documented procedure for workflow management
  • Design, develop and manage data load processes to ensure the delivery accurate, clean data to key stakeholders
  • Optimise database integrity and security
  • Ensure data quality is to the highest standard, reconciled and fit for purpose.
  • Identify opportunities that can improve efficiency of business processes
  • Act in accordance with agreed service standards and report complaints effectively in line with the companies professional standards manual
  • Act as a role model to others for conducting business in accordance with the company ethos and values and in an ethical manner & comply with the AJG Professional Standards Manual
  • Take all reasonable steps to ensure the part of the business for which you are accountable for demonstrably complies with applicable laws, rules, regulations, good governance and Gallagher’s shared values, in particular, putting clients at the heart of our business. If shortcomings are identified take responsibility for remedial action planning, and action in conjunction with the relevant experts within the firm.

What do we need from you?
 
  • Degree in mathematics, statistics or related field
  • Ability to translate business requirements into practical solutions
  • Able to communicate effectively with key stakeholders
  • Strong analytical and problem solving skills
  • Analytical mind set with the ability to develop solutions necessary to solve complex problems
  • Excellent communication and collaboration skills, meeting common goals with colleagues across matrix environments 
  • Ability to plan and organise work to meet targets and deadlines
  • Ability to use negotiation and persuasion in order to achieve solutions to complex situations, both internally and externally
  • Eligible to work in the UK
 

Formed from an amalgamation of a dozen or so different brands, over the past few years we’ve been getting everything in order and creating a single way of working.

At the heart of our culture is our sense of who we are: Pen is an underwriting business led by underwriters. An equal opportunities employer led by our people.

But we are more than just an underwriting business; we are a virtual insurer, offering the security you would expect from an established insurer, with the innovation, niche expertise and flexibility that MGAs are known for.

We’re already as big as a mid-sized Lloyd’s syndicate, and with the critical mass and the ability to invest in our business, we are growing fast. Going forwards we want to further our reputation as the go to virtual insurer, so we can reap the benefits in 2018 and beyond.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. Gallagher is committed to diversity of opportunity for all and is opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.