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.
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
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
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 CCRA
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
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.