At a Glance
- Tasks: Lead exposure analysis for Energy & Marine, managing data and team performance.
- Company: Dynamic insurance firm committed to diversity and innovation.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Join a supportive team with excellent career growth opportunities.
- Why this job: Make a real impact in risk management while developing your analytical skills.
- Qualifications: Experience in exposure management and strong analytical skills required.
The predicted salary is between 55000 - 65000 £ per year.
This is a Senior Analyst position within the Exposure Management function, with specific focus on the Specialty classes of Energy & Marine. The role involves line management and development of the Energy and Marine Analyst(s) and supervision of any external outsourced resources. It provides exposure analysis services to the underwriting function at a risk and portfolio level, requiring close monitoring of accumulation against the company’s risk appetites. The Senior Analyst must ensure completeness and accuracy of data and analytics, manage relationships with outsourcing partners, provide training where necessary, and support the underwriting division by developing and enhancing processes to manage exposures of the Specialty classes and reporting accumulations to various committees and regulators.
Responsibilities
- Be the subject expert for capturing the exposure to Energy & Marine classes and analysing risk within our modelling and aggregation systems.
- Interpret slip terms and conditions, identify and capture exposures into a data format suitable for the systems.
- Review data presented in underwriting submissions and liaise with brokers and underwriters to obtain information required to analyse the risk.
- Produce management information and analytical reports for the Specialty classes to enable underwriters to monitor and quantify their exposures and manage portfolios within risk appetite.
- Support the Specialty lead and Portfolio Manager with risk appetite monitoring and annual review to align with business planning; create alternative appetite monitoring methodologies as required.
- Answer queries and peer‑review data entry work from outsourced team.
- Overall responsibility for the entry of data into the aggregation and modelling systems, continuously improving performance and efficiency.
- Ensure all processes are fully documented and relevant governance documents are kept up to date.
- Work closely with other Specialty Analysts to ensure consistency across classes and to understand the Specialty team’s priorities and deadlines.
- Work closely with underwriters daily to understand their priorities and manage expectations accordingly.
- Understand how the “Chaucer View of Risk” relates to the business written by the Specialty divisions and explain this to stakeholders.
- Supervise day‑to‑day activities of the Analysts in the team, providing training and development for both Analysts and the Outsourcing Team.
- Participate in joint activities of the Exposure Management Team and take part in relevant projects across the wider business.
- Manage relationships with outsourcing partners and provide training where necessary.
- Support the production of modelling and data for outbound reinsurance requirements.
- Assist with the production of Exposure Management returns, both internally and to Lloyds and other external regulators.
Skills and Competencies
- Technical Competencies
- Knowledge of Exposure Management (essential)
- Thorough understanding of (re)insurance concepts, slip terms and conditions
- Deterministic scenario reporting experience (desirable)
- Experience using Sequel Impact (desirable)
- Experience using Moody’s RiskLink (desirable)
- Advanced use of Microsoft Excel (essential)
- Knowledge of other Microsoft Office products (essential)
- SQL knowledge advantageous (desirable)
- Knowledge of mapping solutions such as ArcGIs or EigenPrism (desirable)
- Personal Skills
- Excellent attention to detail
- Good analytical skills
- Ability to manage priorities and meet deadlines across many varying tasks
- Strong numeracy
- Willingness to use initiative to problem solve
- Highly collaborative, working independently or as part of a team
- Flexible and adaptive to changing needs
Equal Opportunities
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).
Senior Specialty Analyst - Exposure Management (Energy and Marine) employer: Chaucer Underwriting Services Limited
Chaucer is an exceptional employer that fosters a collaborative and inclusive work culture, particularly for the Senior Specialty Analyst role in Exposure Management. With a strong commitment to employee development, you will have access to training opportunities and the chance to lead and mentor a team, all while working in a dynamic environment that values diversity and innovation. Located in a vibrant area, our company not only prioritises professional growth but also offers a supportive atmosphere where your contributions directly impact our success in managing risk within the Energy and Marine sectors.
Contact Details:
Chaucer Underwriting Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Specialty Analyst - Exposure Management (Energy and Marine)
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already working in Energy and Marine sectors. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can talk confidently about exposure management and the specific challenges in the Energy and Marine classes. We want you to shine when it comes to discussing slip terms and data analysis!
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled complex data problems or improved processes in previous roles. This will help us see how you can contribute to our team and enhance our exposure management strategies.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team!
We think you need these skills to ace Senior Specialty Analyst - Exposure Management (Energy and Marine)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Specialty Analyst role. Highlight your experience in Exposure Management, especially within Energy and Marine. We want to see how your skills align with our needs!
Showcase Your Analytical Skills:In your application, emphasise your analytical skills and attention to detail. Mention any relevant tools you've used, like Microsoft Excel or SQL, as these are key for the role. We love seeing how you can bring value to our team!
Be Clear and Concise:When writing your cover letter, be clear and concise. Address how your experience relates to the responsibilities listed in the job description. We appreciate straightforward communication that gets to the point!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Chaucer Underwriting Services Limited
✨Know Your Stuff
Make sure you brush up on your knowledge of Exposure Management, especially in the Energy and Marine sectors. Familiarise yourself with key concepts, slip terms, and the specific risks associated with these classes. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with data analysis and reporting. Bring examples of how you've used tools like Microsoft Excel or any relevant software to manage and interpret data. Being able to demonstrate your analytical prowess will be crucial, especially when discussing risk appetites and portfolio management.
✨Be a Team Player
Since this role involves supervising Analysts and working closely with underwriters, be ready to talk about your collaborative experiences. Share examples of how you've successfully managed relationships, provided training, or worked as part of a team to achieve common goals. Highlighting your interpersonal skills can set you apart.
✨Prepare Questions
Interviews are a two-way street, so come prepared with thoughtful questions about the company’s approach to risk management and how the Specialty team operates. This shows your enthusiasm for the role and helps you gauge if the company is the right fit for you.
