At a Glance
- Tasks: Support Property and Treaty business with advanced expertise in catastrophe modelling and exposure management.
- Company: Join Chaucer, a leading insurance group at Lloyd's, with a diverse and inclusive culture.
- Benefits: Flexible working arrangements, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry while collaborating with experts in the field.
- Qualifications: Experience in catastrophe modelling and strong analytical skills are essential.
- Other info: Dynamic team environment with opportunities to contribute to exciting projects.
The predicted salary is between 36000 - 60000 £ per year.
This is a senior support role within Chaucer's Exposure Management Team, focused on Property and Treaty business. The position provides advanced expertise and guidance across all Property and Treaty classes, supporting the development and performance of catastrophe modelling and exposure management activities. The role involves close collaboration with Property and Treaty Underwriters, delivering accurate portfolio insights and analytics to inform strategic decisions.
The job holder will play a key part in ensuring exposure information for monthly roll-ups and reporting is captured accurately in the appropriate systems. They will support account modelling for underwriting and pricing using internal and external modelling platforms, assist in analysing and explaining modelled results, monitor aggregate usage, and help maintain a complete and accurate portfolio of accounts.
Additionally, the role works with underwriters and the central exposure management team to assist in setting, monitoring, and reporting on internal and external appetites as required. The role may also involve participating in wider Exposure Management Team activities, contributing to relevant projects across the business, staying up to date with developments in catastrophe management, and performing other related duties as needed to support the organisation's ongoing needs.
Main duties
- Monitor the utilisation of various catastrophe modelling platforms to process, model and analyse aggregate and detailed exposure data.
- Support the provision of analysis and insight into the model outputs to underwriters at both an account and portfolio level.
- Support the monitoring of portfolios against risk appetite measures.
- Support the maintenance of the in-force Property and Treaty portfolio and ensuring the completeness and accuracy of the data and results.
- Consider and propose improvements to performance and efficiency.
- In conjunction with the Portfolio Manager, work closely with the R&D team to prioritise and contribute to the validation for both internal and externally licensed catastrophe models.
Additional Responsibilities
- Participating in the wider activities of the Exposure Management Team.
- From time to time, taking part in relevant projects throughout the wider business.
- Keeping up-to-date with new science and technological developments in the Catastrophe Management field.
- Performing other related duties to meet the on-going needs of the organisation.
Skills, Knowledge and Experience
Experience
- Essential: Experienced catastrophe modeller.
Technical Skills
- Essential: Strong numeracy skills with a good understanding of probability and statistics.
- A strong understanding of insurance and reinsurance financial terms.
- Strong knowledge of Microsoft Excel and MS SQL.
- Strong understanding of the statistical methodologies underlying catastrophe models.
- A comprehensive understanding of RMS Risklink.
- Desirable: Knowledge of GIS and/or other mapping software.
- Knowledge of or interest in programming languages, including R and Python.
Qualifications
- Desirable: Educated to degree level preferred but not essential for an excellent candidate.
- Other relevant professional qualifications such as ACII, CRM or CCRAP.
Personal Skills
- Excellent organisational skills and able to meet deadlines and objectives.
- Positive, proactive and self-motivating.
- Excellent analytical skills and logically minded.
- Team player with supervisory skills.
- Excellent communications skills; able to present complex information clearly and concisely.
- Strong interpersonal and influencing skills with the ability to build effective relationships.
Property and Treaty Senior Support (6 month FTC) in London employer: Chaucer
Contact Detail:
Chaucer Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property and Treaty Senior Support (6 month FTC) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Chaucer. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can talk confidently about catastrophe modelling and exposure management. We want to see your passion and expertise shine through!
✨Tip Number 3
Show us your analytical side! Be ready to discuss how you've used data to make decisions in past roles. We love candidates who can back up their claims with solid examples.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining our team at Chaucer.
We think you need these skills to ace Property and Treaty Senior Support (6 month FTC) in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Property and Treaty Senior Support role. Highlight your relevant experience in catastrophe modelling and exposure management, and show us how your skills align with what we're looking for.
Showcase Your Technical Skills: We want to see your strong numeracy skills and understanding of statistical methodologies. Be sure to mention your proficiency in Microsoft Excel, MS SQL, and any experience with RMS Risklink or programming languages like R and Python.
Communicate Clearly: Your application should reflect your excellent communication skills. Present complex information clearly and concisely, as this is crucial for collaborating with underwriters and the Exposure Management Team.
Apply Through Our Website: Don't forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Chaucer
✨Know Your Catastrophe Modelling Inside Out
Make sure you brush up on your knowledge of catastrophe modelling platforms and statistical methodologies. Be ready to discuss how you've used these tools in past roles, as well as any insights you've gained from model outputs.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing specific examples where you've successfully analysed data and provided insights. Think about how you can explain complex information clearly, as this will be crucial for collaborating with underwriters.
✨Understand the Business Context
Familiarise yourself with Chaucer's business model and the types of clients they serve. Being able to relate your skills and experiences to their needs will show that you're not just a fit for the role, but also for the company culture.
✨Ask Insightful Questions
Prepare thoughtful questions that reflect your interest in the role and the company. Inquire about the team's current projects or challenges in exposure management, which will demonstrate your proactive attitude and eagerness to contribute.