At a Glance
- Tasks: Analyse complex datasets and provide actionable insights for underwriting decisions.
- Company: Join Chaucer, a leading global insurer at Lloyd's, shaping the future of risk management.
- Benefits: Enjoy flexible hybrid work, extensive benefits, and a supportive, inclusive culture.
- Other info: Opportunity to collaborate across teams and gain insights into diverse portfolio management strategies.
- Why this job: Be part of a dynamic team driving innovation in insurance with cutting-edge data analytics.
- Qualifications: Degree in a relevant field and strong analytical skills required.
The predicted salary is between 60750 - 74250 £ 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.
- To learn more about us please visit our website
- Business Unit Summary
Partnership is Chaucer's Portfolio Solutions division, providing dedicated capacity through large, bespoke partnerships with carriers, MGAs, brokers and other insurance vehicles across the global insurance and reinsurance market.
Unlike traditional underwriting portfolios, Partnership manages a diverse range of multi-class structures, each with unique underwriting, reporting and capacity arrangements.
The business routinely evaluates large and complex datasets across multiple classes, territories and distribution models, requiring significant analytical capability to transform disparate portfolio information into meaningful underwriting and portfolio management insights.
The division operates at the intersection of underwriting, actuarial, exposure management, operations and portfolio management functions, requiring robust data governance, portfolio monitoring and accumulation management to support underwriting decisions and strategic capital deployment.
Job Profile Summary
The Partnership Analyst will support the delivery of account analytic insights.
You will help drive underwriting decisions, account monitoring and deliver bespoke client builds.
You will report into the underwriting team and have the opportunity to work closely with actuaries, exposure management, governance, and operations teams.
By working effectively on both review and assessment of complex commercial opportunities and by maintaining good and intelligent insight into the accounts you will support underwriters not just in managing individual accounts (at negotiating stage and post binding) but also the wider portfolio.
The role is critical to the effective operation of the Partnership division, supporting the assessment and management of large-scale portfolio transactions that frequently span multiple lines of business, geographies, distribution channels and underwriting structures.
The analyst will be responsible for transforming complex and often non-standardised datasets into clear, credible insights that directly inform underwriting decisions, portfolio strategy and capital deployment.
This role will also offer you the opportunity to build experience in new ways of portfolio management, including use of AI and modern data MI management.
Likewise, you will have the opportunity to gain insight into a wide range of transaction, clients and new trading strategies being deployed at Chaucer.
The role is not an actuarial or underwriting role; it is a data led role that provide the right candidate with a unique opportunity to work with a market leading Underwriting team often involved in cutting-edge market transactions.
We are looking for a candidate with a robust approach to data, imagination and curiosity in improving our analysis and a desire to work as part of a multi-disciplinary team.
Job Description
- Analyse large, complex and often unstructured multi-class portfolio datasets received from prospective and existing partners.
- Translate complex portfolio datasets into clear underwriting insights and actionable recommendations.
- Assist in analysing trends in loss ratios, exposure and underwriting performance.
- Support portfolio reviews to identify growth opportunities and areas requiring remediation.
- Work alongside Partnership Underwriters to assess, monitor and optimise complex portfolio transactions.
- Produce underwriting analysis and recommendations for internal review.
- Assist in the review of new submissions and in-force data packs.
- Support with pipeline management and collaborate during planning process.
- Performance monitoring
- Produce underwriting reports highlighting key portfolio metrics and insights
- Develop, enhance and maintain portfolio monitoring reports and dashboards.
- Track performance against underwriting plans, business forecasts and risk appetites.
- Identify emerging trends and elevate potential concerns.
- Data and Analytics
- Synthesise multiple data sources into concise and timely insights that support underwriting decisions and aid portfolio management
- Contribute to analytics initiatives that enhance underwriting decision-making.
- Support the development of portfolio modelling and analytical tools
- Use data visualisation techniques to communicate findings effectively.
- Liaise with outwards RI to deliver required reporting for reinsurers
- Support exposure management framework with relevant reporting to internal stakeholders
- Point of contact for data processing matters across the Partnership division
- Validate, clean and manipulate large underwriting datasets.
- Build working relationships across Underwriting, Actuarial, Exposure Management, Claims, Finance, Strategy and Operations teams.
- Collaborate with stakeholders across the business to deliver timely and insightful reporting.
- Help underwriters coordinate stakeholders in new or renewal processes
- Governance and Controls
- Ensure all analysis is produced in accordance with Chaucer governance standards.
- Maintain accurate documentation and audit trails.
- Support all regulatory requirements, including Lloyd's and internal reporting.
- Contribute to continuous improvement initiatives and best practice development.
Skills and Competencies
- Degree in Mathematics, Statistics, Economics, Engineering, Data Science, Actuarial Science, Finance or a related discipline.
- High level analytical and problem-solving skills.
- Experience using analytical and dashboarding tools eg. Power BI, SQL, Excel, Co-pilot or similar tools
- Experience within insurance, reinsurance, underwriting, actuarial or portfolio management environments.
- Ability to interpret and analyse complex datasets.
- Excellent written and verbal communication skills.
- Excellent attention to detail and organisational ability
- Proactive mindset with the ability to adapt in a fast-paced environment
- A collaborative approach and strong teamwork skills
- The ability to deliver accurate, high-quality work under pressure
- A commitment to continuous improvement and innovation
- A passion for data, insights, and business performance
- Knowledge of P&L analysis and underwriting margin performance is an advantage.
- Familiarity with basic AI techniques, controls and use cases.
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.
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.
Partnership Analyst in London employer: Chaucer Group
Chaucer Group is an exceptional employer that prioritises employee development and collaboration, particularly in the dynamic role of Senior Compliance Monitoring & Assurance Lead. With a hybrid work model based in London, we foster a supportive work culture that encourages strategic thinking and innovation, while providing ample opportunities for professional growth and engagement with senior management to drive meaningful improvements across our compliance framework.
StudySmarter Expert Advice🤫
We think this is how you could land Partnership Analyst in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Chaucer Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Chaucer Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Partnership Analyst in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Chaucer Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Chaucer Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Chaucer Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Chaucer Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Chaucer Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Chaucer Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.