Exposure Management - Senior Treaty Analyst

Exposure Management - Senior Treaty Analyst

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Chaucer Underwriting Services Limited

At a Glance

  • Tasks: Analyse catastrophe risk and support underwriting teams with data-driven insights.
  • Company: Join Chaucer, a leader in the reinsurance industry with a focus on innovation.
  • Benefits: Competitive salary, professional development, and a diverse work environment.
  • Other info: Opportunity for career growth and to work with cutting-edge technology.
  • Why this job: Make a real impact in risk management while collaborating with talented professionals.
  • Qualifications: Experience in catastrophe risk analysis and strong analytical skills required.

The predicted salary is between 60000 - 80000 £ per year.

This role is a Senior Analyst role within Chaucer’s Exposure Management Team, focused on Chaucer’s Property Treaty business. The primary objective is to provide catastrophe risk modelling services to Property Treaty Underwriting Teams, including day‑to‑day account modelling for underwriting and pricing, analysing and explaining modelled results, monitoring aggregate usage, maintaining a complete and accurate portfolio of accounts and supervising external outsourced resources. The Senior Analyst will also oversee data and analytics accuracy, manage outsourcing partners, provide training, support the Property & Treaty Lead and underwriting teams for portfolio growth, and eventually supervise Treaty Analysts.

Responsibilities

  • Utilise various catastrophe modelling platforms to process, model and analyse aggregate and detailed exposure data.
  • Provide analysis and insight into model outputs to underwriters at both an individual account and portfolio level.
  • Monitor portfolios against risk‑appetite measures.
  • Maintain an in‑force portfolio, ensuring data and results completeness and accuracy.
  • Work closely with underwriters daily to understand priorities and manage expectations.
  • Collaborate with Treaty Analysts to understand team priorities and deadlines.
  • Create and produce regular exposure‑metric reports.
  • Assist the Property & Treaty Lead with ad‑hoc requests.
  • Take a leading role in appetite planning for future years.
  • Continuously work with the Property & Treaty Lead to identify process efficiencies.
  • Assist in managing the outsourcing team workflow and ensuring process manuals are maintained and updated.
  • Understand, investigate and report on loss movements during monthly roll‑up.
  • Explain the “Chaucer view of risk” to stakeholders.
  • Provide management, training and development for Analysts and the outsourcing team.
  • Participate in wider activities of the Exposure Management Team and relevant business projects.
  • Keep up‑to‑date with new science and technology developments in catastrophe management.
  • Perform other related duties to meet the organisation’s ongoing needs.
  • Take a leading role in presenting reports and data to key stakeholders.

Qualifications

Experience

  • Willingness to work across different teams and continuously learn and adapt.
  • Direct experience analysing and pricing catastrophe risk.
  • Previous experience in the (re)insurance industry, preferably with Property Treaty modelling.

Skills

  • Excellent numeracy skills with good understanding of probability and statistics.
  • Strong analytical abilities and attention to detail.
  • Effective written and oral communication skills.
  • Advanced knowledge of Microsoft Excel and MS SQL.
  • Proficient understanding of insurance and reinsurance financial terms.
  • Proficient in using at least one vendor catastrophe platform, ideally RMS.
  • Understanding of statistical methodologies underlying catastrophe models.
  • Knowledge of GIS and/or other mapping software (desirable).
  • Knowledge or interest in programming languages, including R and Python (desirable).

Knowledge

  • Knowledge of the statistical methodologies underpinning catastrophe models.
  • Understanding of GIS and mapping software.

Qualifications

  • Educated to degree level (preferred but not essential).
  • Relevant professional qualifications such as ACII, CRM or CCRA (desirable).

Personal Skills

  • Initiative and problem‑solving ability.
  • Attention to detail in a data‑intensive environment.
  • Excellent communication skills for presenting complex information clearly.
  • Good interpersonal and influencing skills to build effective relationships.
  • Professional attitude to meeting deadlines and objectives.
  • High motivation and willingness to go the extra mile.

Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics outlined in the Equality Act 2010 and the Equal Treatment Directive 2006.

Exposure Management - Senior Treaty Analyst employer: Chaucer Underwriting Services Limited

Chaucer is an exceptional employer, offering a dynamic work environment that fosters collaboration and continuous learning within the Exposure Management Team. With a strong commitment to employee development, you will have opportunities for professional growth while working alongside industry experts in a supportive culture that values diversity and innovation. Located in a vibrant area, Chaucer provides a unique chance to engage with cutting-edge catastrophe risk modelling technologies, ensuring your contributions directly impact the success of the Property Treaty business.

Chaucer Underwriting Services Limited

Contact Details:

Chaucer Underwriting Services Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Exposure Management - Senior Treaty Analyst

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by practising common questions and scenarios related to catastrophe risk modelling. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.

Tip Number 3

Showcase your skills! Create a portfolio of your work, especially if you've done any analysis or modelling in the past. This will give potential employers a tangible sense of what you can bring to the table.

Tip Number 4

Don’t forget to apply 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 joining our team at Chaucer.

We think you need these skills to ace Exposure Management - Senior Treaty Analyst

Catastrophe Risk Modelling
Data Analysis
Portfolio Management
Numeracy Skills
Probability and Statistics
Microsoft Excel
MS SQL

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Senior Treaty Analyst role. Highlight your experience in catastrophe risk analysis and any relevant skills that match the job description. We want to see how you can bring value to our Exposure Management Team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about catastrophe modelling and how your background fits with our team. Don’t forget to mention your familiarity with the tools we use, like RMS or SQL.

Showcase Your Analytical Skills:Since this role requires strong analytical abilities, make sure to include examples of how you've used data to drive decisions in your previous roles. We love seeing how you’ve tackled complex problems and what insights you’ve gained!

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. Plus, it shows you’re keen on joining our team at StudySmarter!

How to prepare for a job interview at Chaucer Underwriting Services Limited

Know Your Catastrophe Models

Make sure you brush up on the catastrophe modelling platforms mentioned in the job description. Be ready to discuss your experience with these tools and how you've used them to analyse risk in previous roles. This will show that you're not just familiar with the concepts but can apply them effectively.

Communicate Clearly

Since this role involves explaining complex model outputs to underwriters, practice articulating your thoughts clearly and concisely. Use examples from your past experiences where you successfully communicated technical information to non-technical stakeholders. This will demonstrate your ability to bridge the gap between data and decision-making.

Show Your Analytical Skills

Prepare to showcase your analytical abilities by discussing specific instances where you've tackled data challenges. Bring along examples of reports or analyses you've produced, especially those that highlight your attention to detail and problem-solving skills. This will help you stand out as a candidate who can handle the data-intensive nature of the role.

Be Ready to Collaborate

This position requires working closely with various teams, so be prepared to discuss how you've successfully collaborated in the past. Think of examples where you managed expectations or helped a team meet deadlines. Highlighting your interpersonal skills will show that you're a team player who can contribute positively to the Exposure Management Team.