At a Glance
- Tasks: Support underwriting team by analysing data and managing accounts effectively.
- Company: Chaucer Group, a leading insurance group at Lloyd's.
- Benefits: Competitive salary and opportunities for professional growth.
- Other info: Work in a collaborative environment with global reach and diverse clients.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: ACII qualification or working towards it, with strong analytical skills.
The predicted salary is between 40500 - 49500 £ per year.
Responsible for providing support to the Underwriting team, especially to interpret, prepare and analyse underwriting data to provide comprehensive modelling information to support the underwriting process.
Job Description:
- Supporting Class and other Underwriters in all aspects of the underwriting and management of the account
- Coordination and quality control with Risk Admin
- Modelling of PV risks
- Liaison with Credit control department
- Preparation and monitoring of peer review meetings
- Maintenance of risk history involving organisation and filing
- Assisting with special projects
- Keeping aggregate exposure records
- Preparation of statistics
- Assisting other PV Class underwriters as appropriate
- Assisting the PV Unit Head with management data monitoring
Regulatory Responsibilities:
- Comply with all policies and procedures and ensure that due regard is paid to providing good customer outcomes and the fair treatment of customers
- Manage the relationships with Customers, Agents and Service Providers
- Advise, assist and service customers on insurance and risk matters to promote customers' satisfaction
- Foster positive relationships with customers and attain an understanding of their needs
- Ensure that customer complaints are promptly identified, recorded and referred as appropriate
- Complete all required annual product review assessments to agreed timescales with approvals obtained and recorded
- Follow all Chaucer Group Product Governance processes in the UCM and obtain appropriate approvals
- Ensure that the principles of providing good customer outcomes and the fair treatment of customers are upheld by Agents and Service Providers
Skills and Competencies:
- Lloyd's Market Box / Syndicate Experience
- Other insurance experience
- Mathematics, Data and Analytical Skills
- Intermediate Excel, Charms and Charisma
- Understanding of the risks being taken
- Able to communicate with different levels and is adaptable
- Works as part of a team
Education:
- Fully or almost qualified ACII qualification - job holders will be expected to achieve Associateship in a reasonable period of time
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.
Deputy Class Underwriter - Political Violence in City of Westminster employer: Chaucer
Chaucer is an exceptional employer located in the heart of London, offering a dynamic work environment that values diversity and promotes flexible working arrangements. As a leader in the insurance market, we provide our employees with ample opportunities for professional growth and development, ensuring that you can thrive in your career while making a meaningful impact in compliance monitoring.
