At a Glance
- Tasks: Assist in underwriting Political Violence and Crisis Management accounts while building client relationships.
- Company: Join Chaucer, a leading global insurer with a strong financial track record.
- Benefits: Enjoy flexible hybrid work, extensive benefits, and a supportive culture.
- Why this job: Make an impact in risk management while developing your career in a dynamic environment.
- Qualifications: Experience in negotiation and client liaison, with strong organisational skills.
- Other info: Opportunity for growth in a diverse and inclusive workplace.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Join to apply for the Class Underwriter - Political Violence & Crisis Management role at Chaucer Group.
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.
Job Profile Summary
To assist the Head of Political Violence and Crisis Management and Senior Class Underwriter in all aspects of the underwriting of the Political Violence and Crisis Management account.
Job Description
- Agreement and negotiation of renewals and new business in accordance with underwriting authority and where appropriate, individual budgeted goals within the Political Violence portfolio.
- Agreement of endorsements / amendments / promised lines in accordance with underwriting authority.
- Acceptance of individual declarations to specified line-slips.
- Agreement of special acceptances and referrals to binding authorities, line-slips and treaties.
- Pro‑active marketing to meet class and divisional budgets.
- Build on existing and develop new long‑term client relationships, including where appropriate foreign travel.
- Build strong market peer‑group reputation.
- Participating on and, where appropriate, chairing special projects to meet Chaucer’s long‑term objectives.
- Ensure records are properly recorded and updated.
- Specific account analysis.
- Assisting Senior Class U/W in preparation of Executive Reports.
- Coding and Risk Administration.
- Liaison with Underwriting Operations Department.
- Liaison with Claims Department.
- Liaison with Outwards Reinsurance team.
- Reporting of issues to Head of Political Violence and Crisis Management.
- Client liaison for allocated risks.
- Referral point for Political Violence Team members with Underwriting Authority.
- Line management responsibility for direct reports.
Regulatory Responsibilities
- Comply with all policies and procedures and ensure that due regard is paid to providing good customer outcomes and the fair treatment of customers.
- Advise, assist and service customers on insurance and risk matters to promote customers' satisfaction.
- Foster positive relationships with customers and attain an understanding of their needs.
- Ensure that Customer Complaints are promptly identified, recorded and referred as appropriate.
- Complete all required annual product review assessments to agreed timescales with approvals obtained and recorded.
- Follow all Chaucer Group Product Governance processes in the UCM and obtain appropriate approvals.
- Ensure that the principles of providing good customer outcomes and the fair treatment of customers are upheld by agents and service providers.
Skills and Competencies
- Experience of negotiating with brokers and liaising with clients.
- Understanding of business planning process.
- Organised and able to work to tight deadlines and manage multiple priorities.
- Able to communicate with different levels and is adaptable.
- Resilient and able to work in a pressured environment.
- Works as part of a team.
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.
Seniority level: Mid‑Senior level
Employment type: Full‑time
Job function: Finance Insurance Agencies and Brokerages, Insurance Carriers, and Insurance
Location: London, England, United Kingdom
Class Underwriter - Political Violence & Crisis Management employer: Chaucer Syndicates Ltd
Contact Detail:
Chaucer Syndicates Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Class Underwriter - Political Violence & Crisis Management
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that Class Underwriter role at Chaucer.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your negotiation skills and experience with brokers. Tailor your pitch to show how you can help Chaucer manage risk effectively.
✨Research, Research, Research
Before any interview, dive deep into Chaucer’s values, recent projects, and market position. This will not only impress them but also help you tailor your answers to fit their needs.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Chaucer team.
We think you need these skills to ace Class Underwriter - Political Violence & Crisis Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Class Underwriter role. Highlight your experience in negotiating with brokers and managing client relationships, as these are key skills for us at Chaucer.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this position. Share specific examples of how you've successfully managed political violence or crisis management accounts in the past.
Showcase Your Organisational Skills: Since this role involves managing multiple priorities and tight deadlines, be sure to mention any relevant experiences that demonstrate your organisational skills and ability to work under pressure.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at Chaucer Syndicates Ltd
✨Know Your Underwriting Stuff
Make sure you brush up on your knowledge of political violence and crisis management underwriting. Understand the key aspects of the role, including negotiation with brokers and client liaison. Being able to discuss specific examples from your experience will show that you're not just familiar with the theory but can apply it in practice.
✨Showcase Your Relationship Skills
Chaucer values long-term client relationships, so be prepared to talk about how you've built and maintained these in the past. Think of specific instances where your communication skills made a difference, especially under pressure. This will demonstrate your ability to foster positive relationships with clients.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to underwriting decisions or client interactions. Practice articulating your thought process and decision-making strategies. This will help you convey your analytical skills and how you handle complex situations.
✨Understand Chaucer's Culture
Familiarise yourself with Chaucer's values and culture, especially their commitment to customer satisfaction and fair treatment. Be ready to discuss how your personal values align with theirs. Showing that you understand and appreciate their culture can set you apart from other candidates.