At a Glance
- Tasks: Underwrite and manage a profitable International General Liability book while collaborating with brokers and clients.
- Company: Chaucer, a leading global insurer at Lloyd's, protecting industries worldwide.
- Benefits: Flexible hybrid work model, extensive benefits, and a diverse, inclusive culture.
- Why this job: Join a successful team and make an impact in the global insurance market.
- Qualifications: ACII qualified with relevant class experience and strong analytical skills.
- Other info: Dynamic environment with opportunities for career growth and development.
The predicted salary is between 55000 - 65000 £ 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, we are closer to our clients across the world.
To underwrite and manage a profitable International General Liability book.
Main duties:- Support the Head of Intl GL in writing a profitable International General Liability book.
- Take responsibility for part of the International General Liability class of business.
- Support the production of a business plan for review and agreement by Divisional Head.
- Input into the monthly and quarterly forecasting process for the International General Liability class.
- Underwrite in accordance with underwriting authority and the business plan.
- Seek out new business opportunities through liaison with brokers and clients.
- Review of new and renewal risks including slip analyses, perform rating/benchmark analyses and undertake premium monitoring.
- Liaise with brokers and develop good working relationships with broking and support teams.
- Liaise with other business areas within Chaucer as required, including credit control, claims, internal risk review, actuarial etc.
- Use market, industry and other sources to enhance awareness of technical factors and developments relevant to portfolio underwriting and the Int GL market in general.
- Peer Review of risks as allocated under the peer review selection criteria and responsibility matrix as set out in the Underwriting Manual.
- Responsibility for the accuracy and upkeep of written premium data on Charisma and other systems for all risks written within the area of responsibility.
- Prepare reports and statistical information as required by senior management.
- Assist in the continuous assessment of rating and benchmarking models.
- Travel to visit existing and potential clients as required.
- Ensure compliance with and maintenance of syndicate systems.
- Compliance with Lloyd's regulations and byelaws.
- Relevant class experience.
- Managing Agency experience.
- Excel and Word - Intermediate.
- Mathematics, data and analytical skills.
- Global Macro Economics.
- Able to communicate with different levels and is adaptable.
- Resilient and able to work in a pressured environment.
- ACII qualified.
Why Join Chaucer? Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk—from nuclear, shipping, manufacturing, and property. 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.
We offer:
- A flexible office 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.
IGL Underwriter — Hybrid & Global Liability Growth employer: Chaucer Group
Contact Detail:
Chaucer Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IGL Underwriter — Hybrid & Global Liability Growth
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at Chaucer. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with recruiters or during interviews, make sure to highlight your relevant experience and skills. Use specific examples from your past work that demonstrate how you can contribute to Chaucer’s success in underwriting.
✨Research, Research, Research
Before any interview, dive deep into Chaucer’s business model and recent news. Understanding their market position and challenges will help you tailor your answers and show that you’re genuinely interested in the role.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and really want to be part of the Chaucer team.
We think you need these skills to ace IGL Underwriter — Hybrid & Global Liability Growth
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the IGL Underwriter role. Highlight relevant experience and skills that match the job description, like your underwriting expertise and analytical skills. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about the insurance industry and how your background aligns with Chaucer's goals. Keep it concise but engaging – we love a good story!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've successfully managed risks or improved processes in previous roles. We’re all about results here at StudySmarter!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!
How to prepare for a job interview at Chaucer Group
✨Know Your Numbers
As an IGL Underwriter, you'll need to be comfortable with data and analytics. Brush up on your mathematics and data interpretation skills before the interview. Be ready to discuss how you've used these skills in past roles, especially in underwriting or risk assessment.
✨Understand the Market
Familiarise yourself with the current trends in the International General Liability market. Research Chaucer's position within the industry and be prepared to discuss how you can contribute to their growth. Showing that you’re informed about global macroeconomics will impress your interviewers.
✨Build Rapport with Brokers
Since liaising with brokers is a key part of the role, think about how you can demonstrate your relationship-building skills. Prepare examples of how you've successfully worked with brokers or clients in the past, highlighting your adaptability and communication skills.
✨Showcase Your Resilience
Working in a pressured environment is part of the job. Be ready to share experiences where you've thrived under pressure or turned challenges into opportunities. This will show that you can handle the demands of the role while maintaining a positive attitude.