At a Glance
- Tasks: Analyse catastrophe risk and support underwriting teams with data-driven insights.
- Company: Join Chaucer, a leading global insurer at Lloyd's, with a diverse and inclusive culture.
- Benefits: Enjoy flexible hybrid work, extensive benefits, and a supportive environment.
- Why this job: Make a real impact in risk management while developing your analytical skills.
- Qualifications: Strong numeracy, analytical abilities, and effective communication skills required.
- Other info: Opportunity for career growth in a dynamic, international team.
The predicted salary is between 36000 - 60000 £ 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.
This role is an Analyst position within Chaucer's Exposure Management Team, with a specific focus on Chaucer's Property Direct & Facultative and Binders businesses. The primary objective of the role is to provide the catastrophe risk modelling service to the Property Underwriting Teams. This includes day-to-day account modelling for underwriting and pricing using internal and external modelling platforms, analysing and explaining modelled results, monitoring aggregate usage, and maintaining a complete and accurate portfolio of accounts. The role will also participate in the wider activities of the Exposure Management Team including support for Property Treaty during peak renewal periods.
Responsibilities
- Utilising various catastrophe modelling platforms to process, model and analyse aggregate and detailed exposure data
- Providing analysis and insight into the model outputs to underwriters at both an individual account and portfolio level
- Assisting the Senior Property analyst in maintaining an in-force portfolio and ensuring the completeness and accuracy of the data and results
- Working closely with underwriters on a daily basis to understand their priorities and manage their expectations accordingly
- Create and produce regular exposure metric reports
- Assisting Senior Property analyst in adhoc requests
- Participating in the wider activities of the Exposure Management Team
- From time to time, taking part in relevant projects throughout the wider business
- Keeping up-to-date with new science and technological developments in the Catastrophe Management field
- Performing other related duties to meet the on-going needs of the organisation
Our requirements
- Relevant experience
- Willingness to work across different teams and continuously learn and adapt
- Direct experience with analysing and pricing catastrophe risk
- Previous experience in the (re)insurance industry
Technical skills Essential
- Strong numeracy skills with a good understanding of probability and statistics
- Analytical abilities coupled with excellent attention to detail
- Ability to communicate effectively
- Strong written and oral communication skills
- Strong knowledge of Microsoft Excel and MS SQL
Desirable
- Strong understanding of insurance and reinsurance financial terms
- Proficient in using at least one vendor catastrophe platform
- Understanding of the statistical methodologies underlying catastrophe models
- Knowledge of GIS and/or other mapping software
- Knowledge of or interest in programming languages, including R and Python
Education & Experience Desirable
- Educated to degree level preferred but not essential for an excellent candidate
- Other relevant professional qualifications such as ACII, CRM or CCRAP
Personal skills
- Willingness to use initiative to solve problems
- Attention to detail in a data intensive environment
- Excellent communications skills with the ability to present complex information clearly and concisely
- Good interpersonal and influencing skills with the ability to build effective relationships
- Professional attitude to meeting deadlines and objectives
- Highly motivated and prepared to go the extra mile
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.
Catastrophe Risk - Property Analyst in London employer: Chaucer Group
Contact Detail:
Chaucer Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Catastrophe Risk - Property Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Chaucer. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can talk confidently about catastrophe risk modelling and how it applies to property underwriting. We want to see your passion!
✨Tip Number 3
Showcase your analytical abilities! Bring examples of how you've used data to solve problems or improve processes. This will help us see how you can contribute to our Exposure Management Team.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect with us directly.
We think you need these skills to ace Catastrophe Risk - Property Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Catastrophe Risk - Property Analyst role. Highlight relevant experience and skills that match the job description, especially your analytical abilities and understanding of catastrophe risk.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit for Chaucer. Don’t forget to mention any specific projects or experiences that relate to the responsibilities outlined.
Showcase Your Technical Skills: Since this role requires strong technical skills, be sure to highlight your proficiency in Microsoft Excel, MS SQL, and any catastrophe modelling platforms you've used. If you have experience with programming languages like R or Python, definitely include that too!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us. Plus, you can easily keep track of your application status!
How to prepare for a job interview at Chaucer Group
✨Know Your Catastrophe Models
Make sure you brush up on the various catastrophe modelling platforms mentioned in the job description. Be ready to discuss how you've used these tools in the past, and be prepared to explain the outputs and insights you've derived from them.
✨Show Off Your Analytical Skills
Since this role requires strong numeracy skills and attention to detail, come prepared with examples of how you've successfully analysed data in previous roles. Highlight any experience you have with probability and statistics, as well as your proficiency in Excel and SQL.
✨Communicate Clearly
Effective communication is key in this role, especially when working with underwriters. Practice explaining complex information in a clear and concise manner. You might even want to prepare a few scenarios where you've had to present data or findings to non-technical stakeholders.
✨Demonstrate Your Team Spirit
Chaucer values collaboration, so be ready to discuss how you've worked across different teams in the past. Share examples that showcase your ability to adapt, learn, and contribute positively to team dynamics, especially in high-pressure situations like peak renewal periods.