Technical Analyst

Aspen Group; Greater London; On-site; GBP 40,000 - 50,000; Full time

Job summary

A leading insurance company in the UK is looking for a Technical Analyst for a 6 month fixed-term contract. The role involves delivering excellent service to underwriting teams and ensuring compliance with various regulatory requirements. Candidates should have relevant knowledge of insurance customs and a sound understanding of regulatory environments. This position offers a dynamic work environment that promotes professional growth and achievement.

Qualifications

• Relevant knowledge of (Re)insurance customs, practices and procedures.
• Sound understanding of (Re)Insurance concepts.
• Understanding of London market practices essential.

Responsibilities

• Deliver excellent service to relevant stakeholders in risk and exposure recording.
• Contribute to operational team plans to ensure delivery.
• Ensure compliance with regulatory and legislative requirements.

Skills

Understanding of (Re)Insurance customs

Knowledge of legal and regulatory requirements

Broad based reinsurance and/or insurance experience

Job description

Technical Analyst (6 month FTC)

Location: London, GB, EC3M 3BD

Company: Aspen Insurance

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

The Role

We are recruiting for Technical Analysts to join us on a 6 month fixed-term contract!

The Technical Analyst will deliver an excellent and cost-effective service to Underwriting Services, International Insurance Team Heads and other relevant stakeholders in the following areas:

• Risk and exposure recording
• Insurance premium accounting
• Underwriting Management Information in support of Team meetings and Quarterly Performance Reviews
• Internal cyclical and ad-hoc reporting

Our Aspen Values are expected to be reflected in the delivery and performance of every role.

Key Accountabilities

• Contributes to the design and implementation of the operational team plans to ensure these include operational considerations for delivery
• Determines own work priorities and activities in line with agreed plans to ensure the achievement of personal and team objectives
• Contributes to Aspen’s Insurance segment procedures and controls for the collection, review, consolidation and analysis of contractual risk information
• Assists in the delivery and future development of Aspen’s Insurance processes and systems, to ensure an efficient management of insurance records
• Ensures compliance with relevant legislation, industry codes and company policies and procedures to protect Aspen’s regulatory position
• Ensures that electronic files are maintained in a logical and accessible manner and/or other underwriting issues are clearly documented at all times
• Strong alignment and guidance provided to the offshore team to facilitate Underwriter expectation and outcomes are met
• Ensures awareness of and compliance with regulatory and legislative requirements

Knowledge, Skills, & Experience

• Relevant knowledge of (Re)insurance customs, practices and procedures
• Sound understanding of (Re)Insurance concepts
• Working knowledge of company systems
• Knowledge of legal and regulatory requirements (specific reference to FCA/Lloyd’s regulation)
• Knowledge of Aspen’s underwriting process and LoB specific nuisances and Expected service outcomes
• Understanding of London market practises essential
• Broad based reinsurance and/or insurance experience

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate. We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.