At a Glance
- Tasks: Analyse catastrophe risk and support underwriting teams with data-driven insights.
- Company: Join Chaucer, a leader in the insurance industry with a focus on innovation.
- Benefits: Competitive salary, professional development, and a diverse work environment.
- Other info: Opportunity for career growth and to lead a dynamic team.
- 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 55000 - 65000 £ 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
- 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 in London employer: Chaucer Underwriting Services Limited
Chaucer is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for professionals in the insurance and reinsurance industry. With a strong focus on employee development, the company offers ample opportunities for growth through training and mentorship, particularly for those in the Senior Treaty Analyst role. Located in a dynamic environment, Chaucer encourages innovation and continuous learning, ensuring that employees are well-equipped to tackle the challenges of catastrophe risk modelling while contributing to meaningful projects.
Contact Details:
Chaucer Underwriting Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Exposure Management - Senior Treaty Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Chaucer or similar companies. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your catastrophe risk knowledge. Be ready to discuss how you would approach modelling and analysing data, as well as your experience with different platforms. Show us you know your stuff!
✨Tip Number 3
Don’t just wait for job openings; be proactive! Keep an eye on our website and apply directly when you see something that fits. We love seeing candidates who are eager and take the initiative.
✨Tip Number 4
Showcase your analytical skills in your conversations. Whether it's during networking or interviews, share examples of how you've tackled complex problems in the past. We want to see your thought process in action!
We think you need these skills to ace Exposure Management - Senior Treaty Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Treaty Analyst role. Highlight your experience with catastrophe risk analysis and any relevant software you've used. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the Property Treaty business and how your background makes you a great fit for our team. Keep it engaging and personal – we love a good story!
Show Off Your Analytical Skills:Since this role is all about data and analysis, make sure to showcase your analytical abilities in your application. Mention specific projects or experiences where you've successfully analysed complex data sets or provided insights that influenced decision-making.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
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 and price catastrophe risk in the past.
✨Showcase Your Analytical Skills
Prepare to demonstrate your strong analytical abilities. Think of specific examples where your attention to detail made a difference in your previous roles, especially in data accuracy and portfolio management.
✨Communicate Clearly
Since effective communication is key, practice explaining complex information in a simple way. You might be asked to present data or reports, so being able to convey your insights clearly will impress the interviewers.
✨Be a Team Player
Highlight your willingness to collaborate across different teams. Share experiences where you’ve worked closely with underwriters or analysts, and how you managed expectations and priorities to achieve common goals.