Data Analyst - Insurance
Role details
Job location
Tech stack
Job description
In this role, you will support the end-to-end data collection, validation and reporting process, using the risk management system, to support the purchase of group insurance programmes. This role is the key conduit between our risk management system service provider and the Group Insurable Risk team. Ensuring data accuracy, system integrity, and supporting maintenance of the risk management system. A key focus of the role is analysing and validating all data inputs and outputs, including creating, maintaining, and verifying reports for insurers, senior management and business stakeholders. Core Duties:
Subject matter expert for the risk management system, provide guidance and support to Group Insurable Risk, business data collectors, and third-party service providers Responsible for analysing company exposure data, claims and premiums to identify themes and variances and presented Responsible for developing and delivering dashboards, reports and automated reporting solutions to support business teams Support the development and upkeep of insurance premium allocation models, analysing key drivers and running "what-if" scenarios for budgeting Ensure data accuracy and integrity in risk management systems Provide support and guidance to Group Insurable Risk colleagues, data collectors across the business and third-party service providers Work closely with the risk management system service provider to ensure the platform is supported, maintained, and continuously improved, The role sits within Group Insurable Risk within Finance under Head Office. The candidate will be working within a team of 3 reporting into the Head of Business Support, wider team of 16. Group Insurable Risk (GIR) has a global accountability for insurance purchase for BAE Systems. GIR is resourced to be the global subject matter expert supplemented by specialist skills of external insurance brokers and consultants. This role is an integral part of the GIR business support team, supporting the management and maintenance of the departments risk management systems used to capture and report on claims, insurance policies, premiums, and exposure information about the company for placing insurance. The risk system has over 50 users in the business, external service providers and GIR team. Why BAE Systems? Here you'll build a career with purpose and limitless possibilities. With lifelong learning and meaningful work - this is a place where you can grow your career with confidence and be empowered to be your best. You'll be recognised for your contribution and enjoy rewards tailored to what's most important to you and your family - support for your financial and personal wellbeing, as well as a balanced lifestyle. In an environment embracing sustainable ways of working and with a strong sense of shared purpose, our supportive culture is a place you can feel you belong and proud of the difference you make. A place where everyone can thrive: We're committed to building an inclusive workplace where everyone feels valued and supported. We know that a diversity of backgrounds, perspectives and experiences strengthens our teams and is vital to the work we do.
Requirements
Experience managing risk management information systems for insurance policy management and data collection (desirable) Pro-active mindset and strong drive for continuous improvement Well-developed reporting capability using tools like PowerBI Proven analytical skills and expert in Microsoft Excel with ability to manipulate data with pivot tables and VLOOKUP's Well-developed analytical skills e.g. comparing, contrasting and combining different sets of data GCSE Math's and English (minimum C or 5) Grounding in general insurance principles (desirable)