BAE Systems
Data Analyst – Insurance

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Data Analyst – Insurance
Data Analyst – Insurance
Job Location: Frimley, Surrey – Hybrid, 1 to 2 days in the office (Team get-togethers on a Tuesday and Wednesday). Flexible working arrangements available—contact your recruiter for details.
Salary: Circa £40,000 (dependent on experience)
About BAE Systems
Join BAE Systems and become part of a global community driving progress and protecting what matters. As a valued colleague, you’ll contribute to advanced defence, aerospace, and security solutions—helping to shape a safer future for everyone.
Role Description
In this role, you will support the end-to-end data collection, validation, and reporting process using the risk management system to underpin the purchase of group insurance programmes. Acting as the primary bridge between our risk management system service provider and the Group Insurable Risk team, you will ensure data accuracy, system integrity, and system maintenance.
A key focus is analysing and validating data inputs/outputs, including creating, maintaining, and verifying reports for insurers, senior management, and stakeholders.
Core Duties
- Serve as a subject matter expert for the risk management system, providing guidance to Group Insurable Risk, business data collectors, and third-party vendors
- Analyse company exposure data, claims, and premiums to identify trends, anomalies, and variances, presenting findings clearly
- Develop and deliver dashboards, reports, and automated reporting solutions for business teams
- Support the maintenance and refinement of insurance premium allocation models, analysing key drivers and running "what-if" scenario analysis for budgeting
- Ensure data integrity and accuracy within risk management systems
- Provide support and guidance to:
- Colleagues in Group Insurable Risk
- Business data collectors
- External service providers
- Collaborate closely with the risk management system service provider to ensure the platform is supported, maintained, and continuously improved
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Essential Skills & Qualifications
- Experience managing risk management information systems (especially for insurance policy management and data collection) – desirable
- Proactive mindset with a strong drive for continuous improvement
- Advanced reporting capability, particularly using Power BI
- Proven analytical skills, including:
- Expertise in Microsoft Excel (pivot tables, VLOOKUP, data manipulation)
- Ability to compare, contrast, and combine diverse datasets
- GCSEs in Maths and English (minimum Grade C/5)
- Basic understanding of general insurance principles – desirable
About the Group Insurable Risk Team
This role sits within Group Insurable Risk (GIR) under Finance at headquarters. Reporting into the Head of Business Support, you’ll work within a team of 3, as part of a wider team of 16. GIR holds global accountability for insurance purchases within BAE Systems, supported by external insurance brokers and consultants.


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GIR provides specialist insights on insurance risk, but this role focuses on the practical management and maintenance of the risk management systems—including claims, policies, premiums, and exposure data collection. The system has over 50 users, ranging from business teams to external providers.
Why Join BAE Systems?
- Build a career with purpose – Meaningful work in an organisation with ambitious goals.
- Growth & development – Opportunities for lifelong learning, career progression, and empowerment.
- Recognition & rewards – Tailored benefits supporting financial, personal wellbeing, and work-life balance.
- Inclusive culture - A workplace that celebrates diversity and fosters belonging.
- Sustainable ways of working – Embracing new and responsible practices.
Important Security Notes
Many roles at BAE Systems are subject to security and export control restrictions, including:
- Potential impact of nationality, prior nationalities held, and place of birth
- Baseline Personnel Security Standard requirement for all applicants
- Possible National Security Vetting (typically requiring 5–10 years UK residency for in-depth checks)
Closing Date: 9th July 2026 Aim to apply early, as the vacancy may close if sufficient applications are received.
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