At a Glance
- Tasks: Lead exposure analysis for Energy & Marine, managing data and team performance.
- Company: Join Chaucer, a leading insurance group at Lloyd’s, with a global presence.
- Benefits: Flexible working arrangements, diverse culture, and opportunities for professional growth.
- Other info: Collaborative environment with excellent career advancement opportunities.
- Why this job: Make a real impact in risk management while developing your analytical skills.
- Qualifications: Experience in exposure management and strong analytical abilities 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. This role will include the line management and development of the Energy and Marine Analyst(s), in addition to the supervision of any external outsourced resources.
The role will provide exposure analysis services to the underwriting function at a risk and portfolio level. Accumulation will need to be closely monitored against the company’s risk appetites. The job holder requires an in-depth knowledge of exposure management.
The Senior Analyst will be responsible for ensuring the completeness and accuracy of the data and subsequent analytics. They will need to manage relationships with outsourcing partners and provide training where necessary. In addition to supporting the underwriting division, the Senior Analyst will help develop and enhance processes to manage the exposures of the Specialty classes and report accumulations into various committees and regulators.
Job Description
- Be the subject expert for capturing the exposure to Energy & Marine classes and the analysis of risk within our modelling and aggregation systems.
- Reviewing the data presented in underwriting submissions and liaising 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, in order to manage their portfolios within risk appetite.
- Supporting the Specialty lead and Portfolio Manager with risk appetite monitoring, annual review to align with business planning and the creation of 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, improving performance and efficiency on a continuous basis.
- Ensure all processes are fully documented and relevant governance documents are up to date.
- Working closely with the other Specialty Analysts to ensure consistency across classes and to understand the Specialty team’s priorities and deadlines.
- Working closely with underwriters on a daily basis to understand their priorities and manage their expectations accordingly.
- Understand how the 'Chaucer View of Risk' relates to the business written by the Specialty divisions and be able to explain this to stakeholders.
- Along with the other Senior Analysts, supervise the day to day activities of the Analysts in the team, providing training and development of Analysts and Outsourcing Team.
- Participate in the joint activities of the Exposure Management Team.
- From time to time take part in relevant projects throughout the wider business.
- Manage relationships with outsourcing partners and provide training where necessary.
- Support in the production of modelling and data to support Outwards Reinsurance requirements.
Other responsibilities
- Participate in the joint activities of the Exposure Management Team.
- From time to time take part in relevant projects throughout the wider business.
Regulatory Responsibilities
- Assist with the production of Exposure Management returns, both internally and to Lloyds and other external regulators.
Skills and Competencies
- Relevant experience
- Essential: Knowledge of Exposure Management, Thorough understanding of (re)insurance concepts, slip terms and conditions.
- Desirable: Experience of deterministic scenario reporting, Experience using Sequel Impact, Experience using Moody’s RiskLink.
- Technical skills
- Essential: Advanced use of Microsoft Excel, Knowledge of other Microsoft Office products.
- Desirable: SQL advantageous, Knowledge of mapping solutions such as ArcGIs or EigenPrism.
- 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, with the ability to work both independently and as part of a team.
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.
Senior Specialty Analyst - Exposure Management (Energy and Marine) in London employer: Chaucer Underwriting Services
Chaucer is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee development, we provide ample opportunities for growth and training, particularly in the specialised fields of Energy and Marine exposure management. Our inclusive culture values diversity and promotes flexible working arrangements, ensuring that every team member feels respected and empowered to contribute meaningfully to our mission of protecting industries worldwide.
Contact Details:
Chaucer Underwriting Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Specialty Analyst - Exposure Management (Energy and Marine) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Chaucer. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of exposure management and the Energy & Marine sectors. Show us you know your stuff and can talk the talk!
✨Tip Number 3
Practice your analytical skills with real-world scenarios. We love candidates who can think critically about risk and data management, so be ready to showcase your problem-solving abilities.
✨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.
We think you need these skills to ace Senior Specialty Analyst - Exposure Management (Energy and Marine) in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in exposure management, especially within the Energy and Marine sectors. We want to see how your skills align with the specific requirements of the role!
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, don’t forget to mention any relevant tools or methodologies you’ve used. Whether it’s Excel, SQL, or any other software, let us know how you’ve applied these in your previous roles.
Highlight Team Collaboration:We value teamwork here at StudySmarter! Share examples of how you've worked with others, especially in managing relationships with brokers or underwriters. This will show us that you can thrive in our collaborative environment.
Apply Through Our Website:For the best chance of success, make sure to submit your application through our website. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Chaucer Underwriting Services
✨Know Your Exposure Management Inside Out
Make sure you brush up on your knowledge of exposure management, especially in the Energy and Marine sectors. Be prepared to discuss specific examples of how you've handled exposure analysis in the past, and be ready to interpret slip terms and conditions during the interview.
✨Showcase Your Analytical Skills
Since this role requires strong analytical abilities, come prepared with examples of reports or analyses you've produced. Highlight your experience with tools like Microsoft Excel and any relevant software, such as Sequel Impact or Moody’s RiskLink, to demonstrate your technical prowess.
✨Demonstrate Your Team Leadership
As a Senior Analyst, you'll be managing and developing other analysts. Share your experiences in leading teams, providing training, and managing relationships with outsourcing partners. This will show that you're not just a numbers person but also a capable leader.
✨Understand the Business Context
Familiarise yourself with Chaucer's approach to risk and how it relates to the Specialty divisions. Be ready to explain how your work can support underwriters in managing their portfolios within risk appetites. This shows that you understand the bigger picture and can contribute strategically.
