Operations Analyst, InsurX
£30-40k
More information about location
2-3 days a week in office
Digital exchange for the London insurance market
Job no longer available
Digital exchange for the London insurance market
1-20 employees
Job no longer available
£30-40k
More information about location
2-3 days a week in office
1-20 employees
Company mission
To make insurance more accessible, affordable, and efficient for all people, regardless of location or background
Role
Who you are
- We’re looking for bright generalists who also have a “second hat” – whether you’re a pure operator, have a flair for product, love wrangling data, or simply live for sales
- We’re building our team out around our strengths and weaknesses, and we want to continue stitching together the patchwork of our Ops team’s capabilities
- Strong organisational skills, high attention to detail, and unafraid of asking when you need help (we’re dealing with $MM transactions!)
- Excellent communication and interpersonal skills, able to effectively work cross-functionally with the rest of team InsurX, as well as with external stakeholders and customers at a senior level
- Capable of establishing and nurturing strong relationships with brokers and underwriters to help InsurX deliver further value to our customers
- Comfortable in a fast-paced environment. You’ll own projects and key customer relationships from the get-go
- An analytical mindset & proactive problem solver – whatever your flavour of problem
- Previous Ops, Sales/Account Management, Product, or Data experience is a plus! These aren’t strict requirements, and if you think you can meaningfully contribute to one or more of our core disciplines as an Ops team, we’d love to hear from you
What the job involves
- Operations Analysts at InsurX cover a very wide breadth of tasks and responsibilities
- We want to nurture talent and get you involved with the parts of the business you’re most excited about
- Day-to-day trading of risks with brokers through our Exchange platform
- Development of effective relationships with brokers across the market to attract new flow to the Exchange and increase InsurX’s share of portfolio with our existing broker partners
- Gathering and presenting insights from our own datasets, as well as anecdata from our insurer and broker partners, to widen the scope of risks and add new verticals to the Exchange
- Developing and maintaining applications & tooling to manage new products & processes – the Ops team is the owner of “the new” at InsurX. Product launches are led by the Ops team, and we often mock up the v1 prototypes of new products or changes to our existing applications to increase InsurX’s capabilities
- Developing analytics to surface the health of the end-to-end operations of our Exchange as well as to provide insights to our insurer and broker partners
- Collaborating with every team across the business to understand how we can deliver further value to our customers, level-up InsurX’s capabilities on the whole, and gain hands-on experience launching new products and verticals
Salary benchmarks
Our take
InsurX builds insurance technology that enables brokers and carriers to trade risk instantly. Their first product, the InsurX Exchange, launched in early 2023, and enables the London insurance marketplace to trade smart-follow capacity faster, better, and at a lower cost via the use of InsurX’s algorithmic risk matching technology.
The platform also enables algorithmic portfolio underwriting for Lloyd’s insurers and provides rich data insights to market participants.
The company was incubated as part of Lloyd's of London's internal accelerator, Lloyd's Lab, and recently won global law firm Norton Rose Fulbright’s prestigious annual ‘Insurathon’, gaining £25k of investment plus the same in legal services
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Funding (2 rounds)
Jan 2023
$1m
SEED
Apr 2022
$0.3m
SEED
Total funding: $1.3m
Company benefits
- 25 days holiday
- Share Option Scheme
- Bonus
- Healthcare
- Yearly L&D budget
Company HQ
City of London, London, UK
Articles
Leadership
Gilbert Harrap
(CEO)Previously Head of Strategy at MS Amlin, with an MBA from INSEAD
Will Iles
(Head of Data and Technology)Formerly Head Of Analytics and Data Science at MS Amlin
Diversity, Equity & Inclusion at InsurX
- At InsurX, we’re building a new type of insurance company: one built on a truly diverse set of top talent from all backgrounds and experiences which we firmly believe is the route to success. To date, we’ve recruited people with a wide range of skill sets from various industries and backgrounds, all united by a passion to build something new, different and special, to make the London insurance market work faster, better and cheaper
- We welcome applications from anyone interested in working with us, no matter your age, race, sexual orientation, religious beliefs, physical ability, or socio-economic background
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