At a Glance
- Tasks: Analyse catastrophe risk and support underwriting teams with data-driven insights.
- Company: Join Chaucer, a leading insurance group at Lloyd's, with a global presence.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Other info: Dynamic team environment with opportunities to lead and mentor others.
- Why this job: Make a real impact in the insurance industry while working with cutting-edge technology.
- Qualifications: Experience in catastrophe risk analysis and strong analytical skills required.
The predicted salary is between 60000 - 80000 € per year.
This role is a Senior Analyst role within Chaucer’s Exposure Management Team, with a specific focus on Chaucer’s Property Treaty business. The primary objective of the role is to provide the catastrophe risk modelling service to the Property Treaty 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, maintaining a complete and accurate portfolio of accounts and supervision of the external outsourced resources.
The Senior Analyst will be responsible for ensuring the completeness and accuracy of the data and subsequent analytics. They will need to manage relationships with outsourcing partners and provide training where necessary. The role also requires working closely with the Property and Treaty Lead and underwriting teams to support the blueprinting of potential growth in the portfolio for appetite setting and producing detailed account level analytics to support them in the underwriting processes. This role will include line management responsibilities; however, this will not be immediate. The intention is that the Senior Treaty Analyst will eventually be required to support in the daily supervision and development of the Treaty Analysts, in addition to conducting Annual Performance Reviews & Objective setting.
Main duties
- 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
- Monitoring portfolios against risk appetite measures
- Overall responsibility for 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
- Working closely with the Treaty Analysts to understand the team’s priorities and deadlines
- Create and produce regular exposure metric reports
- Assisting Property and Treaty Lead in adhoc requests
- Take a leading role in appetite planning for future years
- Continuously work with Property and Treaty Lead to identify efficiencies within processes
- Assist in management of Outsourcing team workflow and ensuring process manuals are maintained and updated when required.
- Understand, investigate and report on any and all loss movements during monthly roll up
- Understand how the 'Chaucer view of risk' relates to the business written by the Property Treaty Division and be able to explain this to stakeholders
- Provide management, training and development of Analysts and Outsourcing Team
- 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
- Take a leading role in presenting reports and data to key stakeholders
Skills, Knowledge and 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; preferably with Property Treaty modelling.
Skills
- Excellent numeracy skills with a good understanding of probability and statistics
- Analytical abilities coupled with excellent attention to detail
- Have the ability to communicate effectively
- Written and oral communication skills
- Advanced knowledge of Microsoft Excel and MS SQL
- Proficient understanding of insurance and reinsurance financial terms
- Proficient in using at least one vendor catastrophe platform ideally RMS
- Understanding of the statistical methodologies underlying catastrophe models
- Knowledge of GIS and/or other mapping software (desirable)
- Knowledge of or interest in programming languages, including R and Python (desirable)
Qualifications
- Experience in a similar exposure management role
- Educated to degree level preferred but not essential for an excellent candidate (desirable)
- Other relevant professional qualifications such as ACII, CRM or CCRA (desirable)
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
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.
Exposure Management - Senior Treaty Analyst - Chaucer Group in London employer: Chaucer Group
Chaucer Group is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation meets tradition in the insurance sector. With a strong focus on employee development, we provide ample opportunities for growth and training, particularly for those in analytical roles like the Senior Treaty Analyst. Our collaborative culture encourages teamwork and continuous learning, making it a rewarding place for professionals eager to make a meaningful impact in catastrophe risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Exposure Management - Senior Treaty Analyst - Chaucer Group 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 that a CV just can't.
✨Tip Number 2
Prepare for interviews by understanding Chaucer's approach to risk. Dive into their recent projects and be ready to discuss how your skills can contribute to their goals.
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of how you've tackled complex data problems in the past, especially in catastrophe risk modelling.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you're genuinely interested in joining the Chaucer team.
We think you need these skills to ace Exposure Management - Senior Treaty Analyst - Chaucer Group in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Treaty Analyst role. Highlight your experience with catastrophe risk modelling and any relevant skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the Property Treaty business and how your skills can contribute to our Exposure Management Team. Keep it engaging and personal – we love to see your personality!
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to showcase your analytical abilities in your application. Mention specific tools or platforms you've used, like RMS or SQL, and any projects where you’ve successfully analysed complex data.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Chaucer Group
✨Know Your Catastrophe Models
Make sure you brush up on the catastrophe modelling platforms mentioned in the job description. Be ready to discuss your experience with these tools and how you've used them in past roles. This will show that you're not just familiar with the concepts but can also apply them effectively.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities by discussing specific examples where you've successfully analysed data and provided insights. Use metrics or outcomes to highlight your contributions, especially in relation to pricing and risk assessment in the Property Treaty space.
✨Communicate Clearly
Since this role involves explaining complex model outputs to underwriters, practice articulating your thoughts clearly and concisely. You might even want to prepare a mini-presentation on a relevant topic to showcase your communication skills during the interview.
✨Build Relationships
Think about how you've managed relationships with stakeholders in previous roles. Be ready to share examples of how you've collaborated with teams or trained others, as this will be crucial for the line management responsibilities you'll eventually take on.
