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- Tasks: Join our 24-month rotational program to analyze and assess global risks in insurance.
- Company: Chaucer Group is a leading specialty insurance and reinsurance group protecting businesses worldwide.
- Benefits: Enjoy full support for your Level 4 Insurance Professional apprenticeship and personalized development plans.
- Why this job: This role offers challenging work, mentorship, and opportunities to grow your network while making an impact.
- Qualifications: You need a minimum 2.2 degree, A-Levels, and excellent IT skills, especially in Excel.
- Other info: We value diversity and are open to flexible working arrangements.
The predicted salary is between 28800 - 43200 £ per year.
Join to apply for the Underwriting Graduate role at Chaucer Group .
Overview
Underwriting is what we do, as a leading speciality insurance and reinsurance group we find a way to protect business activities across the globe.
(Re)insurance underwriters analyse and appraise the global risks involved in insuring people and their assets. In a nutshell, the job is to choose what risks Chaucer will insure and for how much. To get equipped for this, underwriters are trained in specialist risk assessment and pricing skills.
Our 24 month rotational programme gives you the opportunity to work across a breadth of our (Re)insurance underwriting divisions, for example you may spend time in Reinsurance, Cyber, Casualty, Energy, Nuclear, Political and Property.
Through our proven approach you’ll develop your expertise in every aspect of underwriting. We’ll begin with an initial introduction of the risk by the broker, through to assessment of the coverage needed, up to policy pricing and account management.
The combination of this experience, along with the training and support we offer, will enable you to advance your career and develop into a skilled underwriting professional.
Your Development – You’ll get
- Challenging, stretching and rewarding work right from the start in each area of our Underwriting divisions.
- Our full support and guidance to achieve your Level 4 Insurance Professional apprenticeship standard which incorporates the DIPCII qualification.
- A personalised development plan to support your professional and soft skills development.
- An in-house experienced buddy and mentor, to help show you the ropes and support you on your journey.
- Lots of opportunities to get involved in groups outside of your day to day work to grow your network, learn from others and give back to the community through our CSR initiatives.
Is it the graduate programme for you?
- Love working with numbers?
- Enjoy working through complex analytical information and problems and getting stuck into a challenge?
- Are you able to communicate the complicated in a simple way?
- Do you enjoy working collaboratively and building strong relationships?
If this sounds like you, and you want to continuously learn and go the extra mile this is the programme for you.
What You Need
- Unrestricted right to work in the UK.
- A minimum 2.2 degree in any discipline.
- 3 or more A-Levels or equivalent (A-C) (ideally with a STEM subject).
- GCSE in Maths and English – grade 4 (C) or equivalent.
- Excellent IT skills, including Microsoft Excel.
- Mastered multiple languages like Mandarin, Spanish or German (not required but good to have).
Please note: We will only accept ONE application for our graduate and apprentice roles. Please do not submit multiple applications, as this could lead to Chaucer removing you from the entire process.
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 Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.
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.
Seniority level
- Internship
Employment type
- Full-time
Job function
- Finance and Sales
- Industries: Insurance
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Underwriting Graduate employer: Chaucer Syndicates Ltd
Contact Detail:
Chaucer Syndicates Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Graduate
✨Tip Number 1
Familiarize yourself with the insurance and reinsurance industry. Understanding key concepts, terminology, and current trends will help you stand out during interviews and discussions.
✨Tip Number 2
Network with professionals in the underwriting field. Attend industry events or connect with alumni from your university who work in insurance to gain insights and potentially get referrals.
✨Tip Number 3
Brush up on your analytical skills, especially in using Excel. Being able to demonstrate your proficiency in data analysis and risk assessment will be crucial for this role.
✨Tip Number 4
Prepare to discuss your problem-solving abilities and how you approach complex information. Be ready to provide examples of how you've tackled challenges in the past, as this aligns with the job's requirements.
We think you need these skills to ace Underwriting Graduate
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Underwriting Graduate role at Chaucer Group. Familiarize yourself with the key skills needed, such as analytical thinking and communication.
Tailor Your CV: Customize your CV to highlight relevant experiences and skills that align with the job description. Emphasize any analytical work, teamwork, or projects that demonstrate your ability to handle complex information.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for underwriting and your eagerness to learn. Mention specific aspects of the rotational program that excite you and how your background makes you a suitable candidate.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at Chaucer Syndicates Ltd
✨Show Your Analytical Skills
As an Underwriting Graduate, you'll be dealing with complex analytical information. Be prepared to discuss your experience with data analysis and problem-solving, showcasing how you enjoy tackling challenges.
✨Communicate Clearly
The ability to simplify complicated concepts is crucial in underwriting. Practice explaining complex ideas in a straightforward manner, as this will demonstrate your communication skills during the interview.
✨Highlight Teamwork Experience
Collaboration is key in this role. Share examples of how you've successfully worked in teams, built relationships, and contributed to group projects, emphasizing your ability to work well with others.
✨Demonstrate Your Passion for Learning
Chaucer values continuous learning. Be ready to discuss how you stay updated on industry trends and your eagerness to develop professionally, showing that you're committed to growing within the company.
