Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our North American Property Treaty team to underwrite and support brokers.
- Company: Chaucer is a leading insurance group at Lloyd’s, protecting industries worldwide.
- Benefits: Flexible working arrangements and a commitment to diversity and inclusion.
- Why this job: Gain valuable experience in underwriting while working with global clients and enhancing your analytical skills.
- Qualifications: ACII qualified or equivalent; knowledge of Lloyd's Market preferred.
- Other info: Opportunity for entry-level candidates to grow in a dynamic and supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
Class Underwriter – North American Property Treaty
Join to apply for the Class Underwriter – North American Property Treaty role at Chaucer Group .
Job Profile Summary: To play a significant part in, and to provide comprehensive support to the North American Property Treaty team.
Job Description
- To underwrite (within authority) the North American Cat XL, Risk XL and Pro Rata account.
- To assist in providing a full and comprehensive service to brokers.
- Attend Client Meetings.
- Assist in the business planning process.
- Assist in the GWP process.
- Help in the preparation of Outwards Reinsurance information.
- Writing up business and checking computer entries.
- Peer Review of risks as allocated under the peer review selection criteria and responsibility matrix as set out in the Underwriting Manual.
Regulatory Responsibilities
Comply with all policies and procedures and ensure that due regard is paid to providing good customer outcomes and the fair treatment of customers.
Manage The Relationships With Customers, Agents And Service Providers
- Advise, assist and service customers on insurance and risk matters to promote customers’ satisfaction.
- Complete all required annual product review assessments to agreed timescales with approvals obtained and recorded.
- Follow all Chaucer Group Product Governance processes in the UCM and obtain appropriate approvals.
Skills And Competencies
- Knowledge of Lloyd\’s Market – North American Property Treaty.
- Existing broker/client relations.
- Mathematics, data and analytical skills.
- Global Macro Economics.
Education
- ACII qualified (or equivalent).
About Us
Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.
Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.
Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.
We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.
Seniority level
Entry level
Employment type
Full-time
Job function
Finance and Sales
Industries
Insurance
#J-18808-Ljbffr
Class Underwriter - North American Property Treaty employer: Chaucer Syndicates Ltd
Contact Detail:
Chaucer Syndicates Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Class Underwriter - North American Property Treaty
✨Tip Number 1
Familiarize yourself with the Lloyd's Market, especially in relation to North American Property Treaty. Understanding the nuances of this market will not only help you during interviews but also demonstrate your commitment and knowledge about the role.
✨Tip Number 2
Network with professionals already working in the insurance industry, particularly those involved in underwriting. Attend industry events or webinars to build connections and gain insights that could be beneficial for your application.
✨Tip Number 3
Brush up on your analytical skills and familiarize yourself with data analysis tools commonly used in underwriting. Being able to showcase your proficiency in these areas can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your existing broker/client relationships during the interview. Highlighting your ability to manage these relationships effectively will show that you can contribute positively to Chaucer Group's customer satisfaction goals.
We think you need these skills to ace Class Underwriter - North American Property Treaty
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities and requirements of the Class Underwriter position. Familiarize yourself with the North American Property Treaty and the specific skills needed, such as knowledge of the Lloyd's Market.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job description. Emphasize your analytical skills, existing broker/client relations, and any qualifications like ACII.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your understanding of Chaucer Group's values. Mention how your background makes you a great fit for the team and the role.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any grammatical errors or typos, and ensure that all information is accurate and presented professionally.
How to prepare for a job interview at Chaucer Syndicates Ltd
✨Understand the Lloyd's Market
Make sure you have a solid understanding of the Lloyd's Market, especially in relation to North American Property Treaty. Familiarize yourself with key terms and recent trends that could impact underwriting decisions.
✨Showcase Your Analytical Skills
Prepare to discuss your mathematics, data, and analytical skills. Be ready to provide examples of how you've used these skills in past roles, particularly in underwriting or risk assessment.
✨Demonstrate Relationship Management
Highlight your experience in managing relationships with customers and brokers. Be prepared to discuss specific instances where you've successfully advised or assisted clients, showcasing your commitment to customer satisfaction.
✨Familiarize Yourself with Regulatory Responsibilities
Understand the regulatory responsibilities associated with the role. Be ready to discuss how you ensure compliance with policies and procedures, and how you prioritize fair treatment of customers in your work.
