At a Glance
- Tasks: Support underwriting by managing and analysing Energy & Marine exposure data.
- Company: Join Chaucer, a leading insurance group at Lloyd’s with a global presence.
- Benefits: Flexible working arrangements, diverse culture, and opportunities for growth.
- Other info: Collaborative team environment with excellent career development opportunities.
- Why this job: Make an impact in the insurance industry while developing your analytical skills.
- Qualifications: Analytical mindset, attention to detail, and interest in natural catastrophe risks.
The predicted salary is between 35000 - 42000 £ per year.
This is an analyst position within the Exposure Management function, with specific focus on the Specialty classes of Energy & Marine. 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 used within modelling and aggregation tools to monitor accumulations and assess alignment with the company’s risk appetite. The Analyst will be responsible for helping to ensure the accuracy, completeness and consistency of data and analytics, supporting underwriters in the understanding and management of their portfolios.
Main duties
- Capture, cleanse and structure Energy & Marine exposure data into formats suitable for aggregation and modelling systems
- 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 portfolios against risk appetite measures
- 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
- Assist in the development and enhancement of processes, tools and methodologies for managing Energy & Marine 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 new science and technological developments in the Catastrophe Management field
- Performing other related duties to meet the on-going needs of the organisation
Experience, Skills and Qualifications
Experience
- Understanding of the London (re)insurance market
- Exposure to analytical, data-driven or research-focused roles (university projects acceptable)
- Interest in natural 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 and stakeholders
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 communications 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
London Specialty Analyst - Marine & Energy employer: Chaucer Syndicates Ltd
Chaucer is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, we provide ample opportunities for professional development and a culture that values diversity and inclusion. Our focus on continuous improvement and support for flexible working arrangements makes Chaucer an attractive choice for those seeking meaningful and rewarding careers in the insurance sector.
