Job Details
Business Analyst - Insurance
Sector:General Insurance
Region : Greater London
Location: London
Salary: £45,000 to £55,000 plus bonus and benefits
Job Ref.: 4100
Job Information
Our client is a Lloyds of London broker; they are looking for a Business Analyst to join the business. This role will be a key asset in the future growth of the company. As part of the Company�s finance team, you will be evaluating complex risks and the potential financial consequences of those risks.Key duties:
� Use data and mathematical modelling techniques and statistical concepts.
� Data verification.
� Determine probability, assessing and monitoring risk.
� Analyse reports and create suggestions for strategic and operational improvements, consider the opportunities and potential risks attached to the suggestions you have made.
� Analysing statistical data in order to make calculations.
� Preparing presentations, reports, valuations and quarterly updates. Presenting reports and explaining their implications to managers.
� Ensure recommendations are compliant and in line with the requirements of regulatory bodies.
� Communicate with internal colleagues to understand the needs of departments and the organisation as a whole.
� Communicate the benefits of your recommendations across departments and help to address any uncertainty and concern. Support staff with the implemented changes, helping to resolve any issues.
� Ensure plans are made and processes are created to evaluate the impact of the changes made, including taking responsibility for overseeing and reporting on this evaluation.
� Benchmarking of prices.
� Assisting with audits, internal and external.
� Reviewing processes.
Person spec:
� Good people skills
� Attention to detail
� Punctual
� PC Literate
� Excellent numeracy
� Research and analytical ability
� Problem-solving ability
The ideal candidate will have a deep understanding of economics and of the legislation relating to Insurance market. You will also need to be currently studying towards your CT Qualifications and be Part or Fully Qualified