At a Glance
- Tasks: Analyse and manage data on Political Violence and Credit Risk to support underwriting decisions.
- Company: Join a leading firm in the (re)insurance market with a focus on diversity and inclusion.
- Benefits: Flexible working arrangements, professional development, and a supportive team environment.
- Other info: Opportunity for career growth and involvement in exciting projects within the Exposure Management Team.
- Why this job: Make an impact by managing critical risk data in a dynamic and evolving field.
- Qualifications: Analytical skills, attention to detail, and a passion for data-driven insights.
The predicted salary is between 30000 - 40000 £ per year.
This is an analyst position within the Exposure Management function, focusing on Political Violence and Political / Credit Risk classes of business, with the potential to support other Specialty lines. The role provides analytical and data management support to the underwriting function through the capture, cleansing and structuring of exposure data. These exposures will be utilised within modelling and aggregation tools to monitor accumulations and assess risk against the company’s risk appetite. The Analyst will be responsible for ensuring the accuracy, completeness and consistency of data and analytics, supporting underwriters in the understanding and management of their portfolios. The role will also contribute to the development and enhancement of processes, tools and methodologies used to assess and report Political risk exposures.
Main duties
- Capture, cleanse and structure Political Violence and Political / Credit Risk exposure data into formats suitable for aggregation and modelling tools
- Review underwriting submissions and supporting information, liaising with underwriters and brokers to obtain required exposure data
- Ensure the completeness, accuracy and consistency of exposure data used within modelling and reporting processes
- Monitor Political accumulations against defined risk appetite and highlight areas of concern
- Produce management information, reports and analytical outputs to support underwriting decision‑making and portfolio management
- Investigate data discrepancies and resolve data quality issues across systems and datasets
- Support the use and validation of aggregation and modelling tools used for Political lines
- Assist in the development and enhancement of processes, tools and methodologies for managing Political exposures
- Work closely with underwriters to understand portfolios, priorities and evolving risk exposures
- Support reporting requirements for internal stakeholders, committees and external regulatory returns where required
- Ensure processes, controls and methodologies are clearly documented and kept up to date
- Work closely with senior team members to deliver against team priorities and deadlines
Additional responsibilities
- Participating in the wider activities of the Exposure Management Team
- From time to time, taking part in the relevant projects through the wider business
- Keeping up to date with Political Violence and Political / Credit Risk developments in the Catastrophe Management field
- Performing other related duties to meet the on‑going needs of the organisation
Experience
- Desirable: Understanding of the London (re)insurance market
- Exposure to analytical, data‑driven or research‑focused roles (university projects acceptable)
- Interest in Political Violence, Political / Credit Risk or other man‑made catastrophe risks
- Experience working with datasets or conducting structured research
Skills
- Strong numeracy skills and analytical ability
- Excellent attention to detail in a data‑heavy environment
- Highly organised, with the ability to manage competing tasks
- Confident communicator, able to interact with Underwriters and other stakeholders
- Comfortable presenting data clearly and articulating insights
- Strong written skills for documentation and research summaries
- Good knowledge of Microsoft Excel
- Proactive mindset with willingness to investigate data gaps and improve processes
- Ability to co‑ordinate work across multiple teams
- Desirable: Understanding of statistical methodologies or catastrophe modelling concepts
- Experience with SQL, Python, R or other data tools
- Knowledge of insurance terminology and policy structures
- Familiarity with data visualisation tools
Qualifications
- Educated to degree level preferred but not essential for an excellent candidate
Personal Skills
- Willingness to use initiative to solve problems with a passion for continuous improvement
- Attention to detail in a data intensive environment
- Excellent communication 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
Equal Opportunities
Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment. We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.
Specialty Analyst (PV, PR, CR) employer: Chaucer Group
Chaucer is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for Specialty Analysts to thrive. With a strong commitment to employee growth, we offer continuous learning opportunities and the chance to engage in meaningful projects within the dynamic London (re)insurance market. Our focus on diversity and flexible working arrangements ensures that every team member feels valued and empowered to contribute to our success.
StudySmarter Expert Advice🤫
We think this is how you could land Specialty Analyst (PV, PR, CR)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Chaucer Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Specialty Analyst (PV, PR, CR)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Chaucer Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Chaucer Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Chaucer Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Chaucer Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Chaucer Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Chaucer Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
