Exposure Management Technical Specialist (ILS) in London
Exposure Management Technical Specialist (ILS)

Exposure Management Technical Specialist (ILS) in London

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support innovative reinsurance structures and collaborate on complex technical projects.
  • Company: Chaucer Group, a leading global insurer with a diverse and inclusive culture.
  • Benefits: Flexible hybrid work model, extensive benefits, and wellbeing support.
  • Why this job: Join a dynamic team making a real impact in the insurance industry.
  • Qualifications: Strong statistical background and knowledge of SQL, Power BI, VBA, R/Python.
  • Other info: Exciting career growth opportunities in a fast-paced environment.

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, we are closer to our clients across the world. To learn more about us please visit our website at www.chaucergroup.com.

This is a senior technical position within the Exposure Management Team, working directly with the Head of Catastrophe Research, Head of Exposure Management, CUO, CRO and Head of RI Purchasing. The role mainly provides support for the more ad-hoc technical work that comes up in the Exposure Management team outside of standard modelling or Portfolio Analytics BAU.

Responsibilities
  • Provide support for non-traditional reinsurance structures (ILS), collaborating with the Outwards RI Purchasing team to deliver Exposure Management analysis for unusual products purchased to protect the Chaucer portfolio as part of the intelligent capital strategy.
  • Explain complex technical work to both technical and non-technical internal and external stakeholders.
  • Provide technical support for modelling produced for standard Outwards RI purchases.
  • Apply a strong statistical background and knowledge of SQL, Power BI, VBA, R/Python, while maintaining good commercial understanding.
  • Maintain detailed knowledge of different reinsurance structures, especially non-traditional ILS, and a detailed understanding of simulation financial models, which constitute the main focus of the role.
  • Participate in projects to improve and refine overall processes through automation, ensuring suitable controls and quality control.
  • Collaborate with senior managers within Exposure Management to develop alternative tools or analytics to support the business and Portfolio Manager as required.

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 Gross Written Premiums growing from $1.4 bn in 2019 to $3.5 bn in 2024. Backed by strong teams, platforms, and client relationships, Chaucer is poised for continued success.

Benefits
  • 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.

Seniority Level: Mid-Senior level

Employment Type: Full-time

Job Function: Finance

Industries: Insurance agencies and brokerages, insurance carriers, and insurance

Exposure Management Technical Specialist (ILS) 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 commitment to employee growth, Chaucer provides extensive benefits including flexible working arrangements, comprehensive health coverage, and a culture that celebrates diversity and inclusion. Join us to be part of a forward-thinking team that values your contributions and supports your professional development in a rapidly evolving industry.
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Contact Detail:

Chaucer Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Exposure Management Technical Specialist (ILS) in London

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to current employees at Chaucer Group on LinkedIn. Building relationships can open doors that a CV just can't.

✨Show Off Your Skills

When you get the chance to chat with someone from Chaucer, make sure to highlight your technical skills, especially in SQL, Power BI, and R/Python. Share examples of how you've used these tools to solve problems or improve processes.

✨Ask Smart Questions

During interviews or networking chats, ask insightful questions about the Exposure Management team and their projects. This shows you're genuinely interested and have done your homework, which can really impress the hiring managers.

✨Apply Through Our Website

Don't forget to apply directly through the Chaucer Group website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're keen on joining the team!

We think you need these skills to ace Exposure Management Technical Specialist (ILS) in London

Statistical Analysis
SQL
Power BI
VBA
R/Python
Exposure Management
Reinsurance Structures
Financial Modelling
Automation
Quality Control
Communication Skills
Collaboration
Problem-Solving Skills
Commercial Understanding

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Exposure Management Technical Specialist role. Highlight your experience with non-traditional reinsurance structures and any technical skills like SQL or Python that are relevant to the job.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with Chaucer's mission. Don’t forget to mention your understanding of complex technical concepts!

Showcase Your Technical Skills: Since this role requires a strong statistical background, make sure to showcase your technical skills clearly. Mention specific projects where you've used tools like Power BI or VBA to solve problems or improve processes.

Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to see your application and get you into the process quickly!

How to prepare for a job interview at Chaucer Group

✨Know Your Numbers

Brush up on your statistical knowledge and be ready to discuss how you've applied it in previous roles. Chaucer is looking for someone with a strong statistical background, so be prepared to explain complex concepts clearly.

✨Master the Tech Stack

Familiarise yourself with SQL, Power BI, VBA, and R/Python. Be ready to share examples of how you've used these tools in your work, especially in relation to exposure management and modelling.

✨Understand ILS Structures

Dive deep into non-traditional reinsurance structures, particularly ILS. Show that you have a solid grasp of these concepts and can discuss their implications for Chaucer's portfolio and risk management strategies.

✨Communicate Effectively

Practice explaining technical information to both technical and non-technical audiences. Being able to bridge that gap will be crucial in this role, so think of examples where you've successfully done this in the past.

Exposure Management Technical Specialist (ILS) in London
Chaucer Group
Location: London
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  • Exposure Management Technical Specialist (ILS) in London

    London
    Full-Time
    36000 - 60000 £ / year (est.)
  • C

    Chaucer Group

    100-200
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