At a Glance
- Tasks: Lead and develop a team in exposure management for Property and Treaty classes.
- Company: Join Chaucer, a leading insurance group at Lloyd's, with a global presence.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work with cutting-edge technology and enhance your analytical skills.
- Why this job: Make a real impact in catastrophe modelling and support strategic growth.
- Qualifications: Experience in property catastrophe modelling and team management required.
The predicted salary is between 63000 - 77000 £ per year.
This is an FTC role to provide maternity leave cover for the Property and Treaty Lead role within Chaucer's Exposure Management Team, across all Property and Treaty business. This role includes the line management and development of the Senior Analysts and Analysts across all Property and Treaty classes, in addition to the supervision of any external outsourced resources. The job holder requires an in-depth knowledge of catastrophe modelling and exposure management.
The role includes dynamic interaction with the Property and Treaty Underwriters in providing them with an accurate view of their portfolio as well as with insightful analytics to support their strategy. The Property and Treaty Lead is responsible for ensuring that the exposure information used for the monthly roll ups and reporting is captured fully and accurately in the appropriate systems. The Property and Treaty Lead is responsible for the overall account modelling for underwriting and pricing using internal and external modelling platforms, analysing, and explaining modelled results, monitoring aggregate usage, and maintaining a complete and accurate portfolio of accounts.
In addition, this role requires working with underwriters and alongside the central exposure management team to assist in setting, monitoring and reporting on relevant internal and external appetites. Working in conjunction with the Portfolio Manager to implement any new appetites as required.
The Property and Treaty Lead duties include implementing automation and identifying efficiencies for operational improvement, providing training to modellers / outsourcing team and any other ad hoc activities associated with the strategic aims of the Exposure Management Team. Working in conjunction with the Portfolio Manager, Specialty Lead and Emerging Risk Lead to ensure consistency and efficiencies across all classes.
Main duties
- Oversee the utilisation of various catastrophe modelling platforms to process, model and analyse aggregate and detailed exposure data.
- Oversee the provision of analysis and insight into the model outputs to underwriters at both an account and portfolio level including the creation of pro forma modelling information to support the business plan.
- Oversee the monitoring of portfolios against risk appetite measures.
- Oversee the maintenance of the in-force Property and Treaty portfolio and ensuring the completeness and accuracy of the data and results.
- Oversee the process for providing modelling information to outwards reinsurers for classes under the role's remit.
- Work closely with Underwriting Management (Divisional Heads) to understand their priorities and manage their expectations accordingly and support any growth strategies.
- Provide management, training and development of exposure analysts.
- 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
Essential
- Experienced Property catastrophe modeller.
- Team management experience.
Technical Skills
- Excellent numeracy skills with a good understanding of probability and statistics.
- High level understanding of insurance and reinsurance financial terms.
- Microsoft Excel and MS SQL.
- High level of understanding of the statistical methodologies underlying catastrophe models.
- A comprehensive understanding of Risklink.
Desirable
- Knowledge of GIS and/or other mapping software.
- Knowledge of or interest in programming languages, including R and Python.
Qualifications
- Educated to degree level preferred but not essential for an excellent candidate.
- Other relevant professional qualifications such as ACII, CRM or CCRA.
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.
- Influencing skills with the ability to build effective relationships.
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.
Exposure Management - Property and Treaty Lead (12 month FTC - Mat cover) in London employer: chaucergroup
Chaucer is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. As a leader in the insurance sector, we provide our employees with ample opportunities for professional growth, continuous learning, and the chance to make a significant impact on our data transformation journey. Our commitment to diversity and inclusion fosters a supportive culture that values every individual's contribution, making Chaucer a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Exposure Management - Property and Treaty Lead (12 month FTC - Mat cover) in London
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We think you need these skills to ace Exposure Management - Property and Treaty Lead (12 month FTC - Mat cover) in London
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
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How to prepare for a job interview at chaucergroup
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
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✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
