Job summary
This is an analyst position within the Exposure Management function, focusing on Political Violence and Political / Credit Risk classes of business, with the potential to support other Specialty lines.
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 utilised within modelling and aggregation tools to monitor accumulations and assess risk against the company’s risk appetite.
The Analyst will be responsible for ensuring the accuracy, completeness and consistency of data and analytics, supporting underwriters in the understanding and management of their portfolios. The role will also contribute to the development and enhancement of processes, tools and methodologies used to assess and report Political risk exposures.
Main duties
Capture, cleanse and structure Political Violence and Political / Credit Risk exposure data into formats suitable for aggregation and modelling tools
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 Political accumulations against defined risk appetite and highlight areas of concern
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
Support the use and validation of aggregation and modelling tools used for Political lines
Assist in the development and enhancement of processes, tools and methodologies for managing Political 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 Political Violence and Political / Credit Risk developments in the Catastrophe Management field
Performing other related duties to meet the on-going needs of the organisation
Experience, Skills and Qualifications
Experience
Desirable
Understanding of the London (re)insurance market
Exposure to analytical, data-driven or research-focused roles (university projects acceptable)
Interest in Political Violence, Political / Credit Risk or other man‑made catastrophe risks
Experience working with datasets or conducting structured research
Skills
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 team
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
Qualifications
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
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.
Contact Details:
Chaucer Underwriting Services Recruitment Team
