At a Glance
- Tasks: Capture and structure data on Political Violence and Credit Risk for analysis and reporting.
- Company: Join a diverse and inclusive team at Chaucer, a leader in the (re)insurance market.
- Benefits: Gain valuable experience, develop your skills, and enjoy a supportive work environment.
- Other info: Opportunities for growth and collaboration in a dynamic team setting.
- Why this job: Make an impact by supporting underwriting decisions and enhancing risk management processes.
- Qualifications: Strong analytical skills, attention to detail, and a proactive mindset are essential.
The predicted salary is between 40000 - 50000 £ per year.
This analyst position is within the Exposure Management function, focusing on Political Violence and Political / Credit Risk classes of business. The role supports underwriting by capturing, cleansing and structuring exposure data for use in modelling and aggregation tools, monitoring accumulations, and assessing risk against the company's appetite.
Responsibilities
- 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.
- Document processes, controls and methodologies and keep them up to date.
- Collaborate with senior team members to deliver against team priorities and deadlines.
- Participate in wider Exposure Management Team activities and relevant projects as requested.
Qualifications
- Understanding of the London (re)insurance market.
- Experience with datasets or conducting structured research; strong numeracy 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 stakeholders and present data clearly.
- 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 coordinate work across multiple teams.
- Desirable: Understanding of statistical methodologies or catastrophe modelling concepts.
- Desirable: Experience with SQL, Python, R or other data tools.
- Desirable: Knowledge of insurance terminology and policy structures.
- Desirable: Familiarity with data visualisation tools.
- Education to degree level preferred but not essential for an excellent candidate.
- Willingness to use initiative to solve problems with a passion for continuous improvement.
- 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 ensures we select the right person for the job, based on merit.
Specialty Analyst (PV, PR, CR) in City of Westminster employer: Chaucer
Chaucer is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for Specialty Analysts to thrive. With a strong commitment to employee development, you will have access to continuous learning opportunities and the chance to work alongside experienced professionals in the dynamic London (re)insurance market. Our focus on diversity and respect for individual differences ensures a supportive environment where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Specialty Analyst (PV, PR, CR) in City of Westminster
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Chaucer looking for candidates who are engaged and informed.
We think you need these skills to ace Specialty Analyst (PV, PR, CR) in City of Westminster
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Chaucer. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Chaucer
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Chaucer’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
