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: www.chaucergroup.com
Job Summary
This is a broad role that will provide you with the opportunity to gain practical experience and knowledge in our Risk team, which is there to support all areas of our business in managing the risks and potential losses of the insurance markets in which we operate. This role sits within the Risk function with a primary focus on Risk Reporting and Risk Oversight.
The Risk Analyst is responsible for analysing, interpreting, and communicating risk information to provide meaningful insight and independent challenge to the business. The role plays a key part in ensuring that the organisation’s risk profile is clearly understood, appropriately monitored against appetite, and effectively communicated to senior management and committees.
Duties
The role encompasses a broad range of risk management and reporting activities. As a Risk Analyst your duties will include:
- Analyse and interpret risk data to produce clear, insightful management information (MI)
- Monitor and assess the organisation’s risk profile and adherence to risk appetite
- Identify, investigate and elevate breaches, near misses, and emerging risk issues
- Produce and deliver risk reporting for committees and senior management forums
- Track actions, decisions and follow-ups to support effective governance
- Contribute to independent risk reviews and oversight activities
- Contribute to the delivery of key risk processes and projects, including: ORSA and Validation
- Contribute to and perform risk assessments and deep-dive reviews
Regulatory responsibilities
- Support the production of regulatory reports and submissions
- Ensure outputs meet required standards and reflect an appropriate level of second line review and challenge
- Risk management experience, ideally within insurance or financial services
- Experience in risk reporting, MI production, or risk analysis preferred
- Progress towards a professional qualification (e.g. IRM, ACII) desirable
Technical skills
- Proficient knowledge of Excel, Word and PowerPoint
- Good written skills with the ability to translate complex information into clear messages
- Broad understanding of risk management frameworks and concepts
- Experience producing clear and insightful management reporting
Education & Experience
- 2:1 degree or better
- Previous experience within insurance industry and risk management
Personal skills
- Strong analytical and problem solving capability
- Ability to exercise judgement and provide constructive challenge
- Clear and confident communicator, able to engage stakeholders at different levels
- Well organised, proactive, and accountable for outputs
- Collaborative team player with the ability to build relationships
- Curious mindset with an interest in understanding drivers of risk and business impact
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. Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we're close to our clients wherever they are.
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.
Risk Analyst - Insurance / Financial Services employer: Chaucer Group
Chaucer is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation and strategic thinking are at the forefront of our operations. We prioritise employee growth through mentorship and development opportunities within our Transport Logistics team, fostering a culture of collaboration and excellence. With a commitment to maintaining strong relationships with clients and brokers globally, we provide our employees with unique exposure to diverse markets and the chance to lead in a specialist insurance sector.
