At a Glance
- Tasks: Assist in managing Chaucer's capital and formulating strategic financial policies.
- Company: Join a leading global insurer with a strong presence in Lloyd's market.
- Benefits: Enjoy flexible hybrid work, extensive benefits, and a supportive culture.
- Other info: Dynamic environment with opportunities for growth and collaboration.
- Why this job: Make a real impact in the insurance industry while developing your financial expertise.
- Qualifications: Experience in financial services; actuarial or accounting qualifications preferred.
The predicted salary is between 59400 - 72600 £ per year.
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. Headquartered in London, with international hubs in Copenhagen, Dubai, Miami, Dublin, Singapore, Sydney and Bermuda, to be closer to our clients across the world.
Job summary
This role is primarily responsible for helping the management of Chaucer's capital both at a group level and an underlying subsidiary level. This includes helping on the following:
- Formulating the capital policy;
- The related risk framework;
- The dividend strategy;
- Debt equity composition strategy;
- Corporate structure planning;
- Underwriting entity available capital plans and then the execution and oversight of said strategies.
All capital management related reporting to boards, Finance & Investment Committee, Exec Team, regulators, parent company and other stakeholders is included in the remit.
Capital Management Execution
- To assist the Deputy Head of Capital Management on the annual capital planning reporting and approval exercise with China Re.
- To run the quarterly and annual capital rebalancing and profit distribution exercises with Lloyd's for the Chaucer Syndicates.
- To run any capital rebalancing exercises for the Irish underwriting entity.
- To assist or run the execution of any debt structures, be it tier 1 or tier 2 solutions, liaising with lawyers and banks.
- To own the execution as required on any capital restructuring per the agreed capital strategy.
Capital Reporting
- To own production of all capital reporting to Group Head of Investments & Treasury.
- To own all capital related MI reporting including to the following stakeholders: CFO, Exec Team, Finance & Investment Committee, Boards.
- To own all capital related reporting to China Re including all regular reporting and ad-hoc requests.
- To own all regulatory and statutory capital related reporting including Lloyd's returns, group financial statements, local returns.
- To own all the submissions to rating agencies.
- To own all return on capital reporting and analysis.
- To help produce the Capital Policy, with the related risk framework, and submission for approval from the relevant Committees and Boards.
- To work with the Deputy Head of Capital Management and Group Head of Investments & Treasury on formulating and analysing optimal capital structures for the Group and subsidiaries within.
- To help create a longer-term capital management plan for the Group including equity from parent and debt.
- To help create a capital plan for the underwriting entities: For the Lloyd's of London business understanding and planning for the Lloyd's capital cycle and for the Irish business understanding the rating agency and CBI requirements.
- To help formulate the dividend policy to parent, working closely with China Re, Capital Modelling, Tax and Finance.
- To work closely with the Group Head of I&T, CFO, CRO and Capital Modelling team in formulating capital efficient solutions, including reinsurance contracts (both intergroup and external), during the business planning process.
- To produce analysis and recommendations to the Group Head of I&T and CFO on optimal debt and equity composition of the group capital stack.
- Produce relevant papers seeking approval from Boards, Finance & Investment Committee, Execs, parent company as required to approve of any strategy changes.
- To help produce the debt strategy, identifying key banks and their capacity to lend.
Other responsibilities
- To be a key contact for all capital related queries from China Re.
- To be a key contact for Lloyd's of London on all capital related matters.
- To work closely within the Investment & Treasury team to understand future investment and cash flow needs and adjust the capital plans accordingly.
- To be the main contact on capital planning for the capital modelling team.
- Whilst this role is primarily capital focused we envisage helping the Deputy Head of Investments on pulling together investment analysis on occasion.
Our requirements
- Proven experience working in financial services.
- Insurance industry experience (desirable).
- Knowledge of capital processes and company balance sheets.
- Part or fully qualified Actuary or Accountant (long standing experience will be accepted).
Personal skills
- Highly motivated and confident individual with positive work ethic.
- Excellent at managing own workload and working on own initiative.
We offer:
- A flexible hybrid work model that supports individual and team needs.
- A diverse, inclusive culture that values people for who they are.
- Extensive, non-contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support.
Why Join Chaucer?
Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk. We have shown strong financial success with our Gross Written Premiums growing from $1.4bn in 2019 to $3.5bn in 2024. Backed by strong teams, platforms, and client relationships, Chaucer is poised for continued success.
Capital Analyst employer: Chaucer Group
Chaucer is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation and strategic thinking are at the forefront of our operations. We prioritise employee growth through mentorship and development opportunities within our Transport Logistics team, fostering a culture of collaboration and excellence. With a commitment to maintaining strong relationships with clients and brokers globally, we provide our employees with unique exposure to diverse markets and the chance to lead in a specialist insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Chaucer Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Capital Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Chaucer Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Chaucer Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Chaucer Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Chaucer Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Chaucer Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Chaucer Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
