Business Development Analyst

Posted 12 Days Ago
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London, Greater London, England, GBR
In-Office
Entry level
Insurance • Agriculture
The Role
Analyzes broker, underwriting, market, and distribution data to identify trends, opportunities, and strategic improvements. Produces recurring and ad hoc reports, maintains accurate datasets and account information, supports forecasting and KPI reporting, and collaborates with underwriters, brokers, accounts, and leadership. The role also handles business queries, supports broker relationship management, contributes to product and market research, and develops consistent data processes across offices.
Summary Generated by Built In

Job Description

Are you looking for your next opportunity?

 

 Sompo has a unique opportunity for a Business Development Analyst in our UK Distribution team.


 The Business Development Analyst will play a pivotal role in the support and future development of the business by generating insights and identifying compelling opportunities & strategies based on analytics to the senior management leadership teams.


Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.


Our business, your impact, our opportunity:


What you’ll be doing:


  • Produce accurate, complete, appropriate and timely data sets for key stakeholders
  • Produce weekly, monthly and quarterly exception reports as well as ad hoc reports, performing analysis and identifying trends in data as well as external markets as required
  • Liaising with key stakeholders within the underwriting teams to identify trends, challenges and reasoning behind the data
  • Provide Distribution team with a report each month on each strategic brokers data and commentary per line of business
  • Working with our regional leadership team to develop system to ensure regular, consistent and accurate data is split between each office
  • Liaising with accounts on invoicing for each broker agreement and facility in place
  • Fostering the Distribution / Underwriter relationship network and managing key stakeholders
  • Ensure the accuracy of data and system usage to allow effective data collation, capture, manipulation, forecasting and reporting
  • Handling day-to-day business queries from Underwriters and Brokers
  • Liaising with broker teams to understand the Sompo share of wallet and ranking on a quarterly basis
  • Regular analysis of broker numbers and ensuring the accuracy and consistency of the data
  • Working with each brokers pipeline tool to ensure Distribution and underwriting teams have the latest account lists
  • Assessing global broker surveys and developing strategic plans to improve and enhance the Sompo proposition to the market across Underwriting & Claims
  • Reporting on broker relationship performance via various KPI metrics
  • To research and collect data to help Sompo develop and market their products and services, and consider data including consumer demographics, preferences, needs, or buying habits

What you’ll bring:

  • Keen, motivated and a natural desire to learn and develop in the field
  • A driven progressive mind-set and demonstrated perseverance to achieve results
  • Data analysis and visualisation
  • Data extraction from internal CRM, data warehouses or other databases
  • Customer profiling and segmentation
  • Strong communication and interpersonal skills
  • Ability to build effective working relationships with all levels of the business
  • Good confidence with ability to communicate with conviction and listen actively
  • Excellent Microsoft Excel, Power BI and PowerPoint skills
  • Good attention to detail and a commitment to accuracy
  • Ability to assist in developing innovative and pragmatic solutions to problems
  • Strong verbal and written communication skills
  • Strong attention to detail and ability to see tasks through to conclusion
  • Ability to work autonomously and within a team
  • Demonstrate organisational and time management expertise
  • Demonstrate service-oriented approach, enthusiastic, motivated, positive attitude, good initiative and a self-starter
  • Geopolitical interest and/or background would be advantageous.
  • Degree or equivalent qualification in numerate discipline eg. Economics, statistics, or science or a Post-graduate in similar field is a plus

Our Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents.  Below are a few highlights of our inclusive benefit programs:


  • Expansive Health & Wellness Benefits
  • Generous Retirement & Savings Plans
  • Global Parental Leave & Adoption Assistance

In today’s world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

 

About Us


 Expert Partners.
Clarity in complexity.
Unwavering commitment
.


We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.


Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.


We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.


Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.


Because when you choose Sompo, you choose the ease of expertise.


Skills Required

  • Data analysis and visualization skills
  • Experience extracting data from CRM systems, data warehouses, or databases
  • Customer profiling and segmentation skills
  • Excellent Microsoft Excel skills
  • Excellent Power BI skills
  • Excellent PowerPoint skills
  • Strong verbal and written communication skills
  • Strong interpersonal and stakeholder relationship-building skills
  • Attention to detail and commitment to data accuracy
  • Ability to work autonomously and collaboratively
  • Organizational and time management skills
  • Ability to develop practical and innovative solutions
  • Service-oriented, motivated, positive, and self-starting attitude
  • Degree or equivalent qualification in economics, statistics, science, or another numerate discipline
  • Postgraduate qualification in a similar field
  • Geopolitical interest or background
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The Company
HQ: Hamilton
314 Employees
Year Founded: 2020

What We Do

As one of the leading writers of crop insurance in the United States, AgriSompo North America blends extensive industry experience with cutting-edge software development to provide powerful, proactive agricultural risk management for the nation’s farmers and ranchers.   We operate within a culture of integrity, and a deeply rooted belief that collaboration, agility, and stellar customer service are crucial to long-term success. Our nationwide network of independent crop insurance agents provides direct and customized options to fit each producer’s needs, with solutions ranging from traditional multi-peril, crop hail, and livestock insurance to highly innovative and unique private products.

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