At a Glance
- Tasks: Analyse and manage data for Energy & Marine exposure, supporting underwriting decisions.
- Company: Join a diverse and inclusive team at a leading (re)insurance company.
- Benefits: Flexible working arrangements, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with excellent career development opportunities.
- Why this job: Make an impact in the dynamic world of risk management and natural catastrophe analysis.
- Qualifications: Analytical mindset, strong numeracy skills, and familiarity with data tools.
The predicted salary is between 30000 - 40000 £ per year.
Job Summary
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
- 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
- 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
- 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
EEO Statement
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.
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Specialty Analyst - Marine & Energy in London employer: Chaucer Underwriting Services Limited
Chaucer is an exceptional employer that fosters a dynamic and inclusive work culture, prioritising employee development and mentorship within the Transport Logistics team. With a commitment to strategic innovation and commercial awareness, employees are empowered to lead and shape the future of the TL business while enjoying opportunities for growth and collaboration across global platforms. Located in a vibrant market, Chaucer offers a unique advantage for professionals seeking meaningful and rewarding careers in the marine underwriting sector.
Contact Details:
Chaucer Underwriting Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Specialty Analyst - Marine & Energy in London
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We think you need these skills to ace Specialty Analyst - Marine & Energy in London
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Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Chaucer Underwriting Services Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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