Job summary
This role is an Analyst position within Chaucer’s Exposure Management Team, with a specific focus on Chaucer’s Property Direct & Facultative and Binders businesses.
The primary objective of the role is to provide the catastrophe risk modelling service to the Property Underwriting Teams.
This includes day-to-day 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.
The role will also participate in the wider activities of the Exposure Management Team include support for Property Treaty during peak renewal periods.
Main duties
- Utilising various catastrophe modelling platforms to process, model and analyse aggregate and detailed exposure data
- Providing analysis and insight into the model outputs to underwriters at both an individual account and portfolio level
- Monitoring portfolios against risk appetite measures
- Assisting the Senior Property analyst in maintaining an in-force portfolio and ensuring the completeness and accuracy of the data and results
- Working closely with underwriters on a daily basis to understand their priorities and manage their expectations accordingly
- Create and produce regular exposure metric reports
- Assisting Senior Property analyst in adhoc requests
Additional duties
- 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
Our requirements
Relevant experience
Essential
Willingness to work across different teams and continuously learn and adapt
Desirable
Direct experience with analysing and pricing catastrophe risk
Previous experience in the (re)insurance industry
Technical skills
Essential
Strong numeracy skills with a good understanding of probability and statistics
Analytical abilities coupled with excellent attention to detail
Ability to communicate effectively
Strong written and oral communication skills
Strong knowledge of Microsoft Excel and MS SQL
Desirable
Strong understanding of insurance and reinsurance financial terms
Proficient in using at least one vendor catastrophe platform
Understanding of the statistical methodologies underlying catastrophe models
Knowledge of GIS and/or other mapping software
Knowledge of or interest in programming languages, including R and Python
Education & Experience
Desirable
Educated to degree level preferred but not essential for an excellent candidate
Other relevant professional qualifications such as ACII, CRM or CCRA
Personal skills
- Willingness to use initiative to solve problems
- 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.