Political And Credit Risk Analyst

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ABOUT US

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. Our headquarters are in London, and we have international offices in Copenhagen, Miami, Dubai and Singapore to be closer to our clients across the world.

Job Profile Summary

We are currently looking for a Political & Credit Risk Analyst to be based in London on a full-time basis, reporting into the Senior Analyst & Underwriter. We offer political and credit insurance across a very broad range of counterparties, sectors and deal structures. We are looking for an analyst with proven experience in sovereign and corporate credit risk, project finance, financial institutions and trade structures.

Job Description

• Undertake detailed financial analysis and forward-looking projections/stress testing and scenario analysis of transactions for sovereigns, corporates and financial institutions.
• Proactively monitor the Political Risk & Credit portfolio to ensure ongoing robust assessment of existing exposure.
• Monitor political, legal, socio-economic and regulatory developments in countries where the team has underwritten risk and identify issues that may require further analysis or action.
• Review and summarise political, macroeconomic and country-specific conditions to support the underwriting of political risk transactions.
• Help to build, enhance and maintain pricing, aggregation and analytical models, working alongside pricing actuaries and underwriters.
• Actively participate in transaction related meetings, both internal and with clients and brokers.
• Ensure deteriorating obligor trends are timely identified and work jointly with underwriters and where appropriate Claims to manage problem credits and/or workout situations.
• Support the underwriting teams in London and Singapore in the development of new products, helping with presentations and papers to senior management and reinsurers as required.

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.
• Support the Chaucer Board in maintaining a corporate culture, policies and procedures that pay due regard to the interests of Chaucer CSL customers and treats them fairly at all times.
• Compliance with all regulatory requirements including Lloyd's minimum standards and byelaws.
• Manage the relationships with Customers, Agents and Service Providers.

Skills and Competencies

• Analytical skills, including credit, financial institution and sovereign risk analysis (portfolio risk analysis desirable but not required).
• Knowledge of and keen interest in global economic and political affairs.
• Ability to work independently, dealing with large volumes of data, and often to tight deadlines.
• Able to work in and proactively contribute to a team environment.

Education

University educated with a minimum of a 2:1 or equivalent title (CFA, FIA, ACII, etc.).

Why Chaucer

An established market leading Insurer, where over the past 5 years, the Chaucer Group has seen significant and successful growth. In 2019, we wrote $1.4bn of Gross Written Premium, closed 2023 with $2.7bn, and are on track to write well over $3bn in 2024. This is an exciting time for Chaucer; we have the people, the platforms, the expertise and the relationships to continue our recent success. We will remain focused on the areas where we can provide the most expertise and value to our brokers and clients. We have no appetite to change this, whilst the market is steadily moving back to 4/1 working days, we are continuing to operate on a much more flexible hybrid basis with Heads of teams working closely with employees to strike a balance of what works best in their area. Our approach has been immensely popular and a successful way of working for the business and all employees at Chaucer.

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.

Benefits

• Extensive, non-contributory benefits, including pension, medical insurance, life insurance, flexi benefits, options for buying and selling holidays, not to mention a diverse and inclusive culture, we pride ourselves on managing employees welfare.
• We have a wide range of other benefits on offer.

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Finance

Industries: Insurance Agencies and Brokerages, Insurance Carriers, and Insurance