Responsible for providing support to the underwriting team. Interpret and prepare underwriting data to provide comprehensive risk analyses and supplementary information to support the underwriting process.

Supporting all aspects of the Property Delegated Authority underwriting team, including underwriting performance monitoring, client relationship management, and servicing new and renewal business.

Job Description

• Support underwriters in all aspects of underwriting and management of the account
• Underwriting proficiency and knowledge across both the International and USA portfolios
• Underwriting performance monitoring monthly
• Underwriting, servicing, and preparing new and renewal business
• Underwriting presentations to key stakeholders including brokers and management
• Manage relationships with key stakeholders including brokers, clients, and internal teams
• Communicating to brokers our underwriting and risk appetite
• To assist in providing a full and comprehensive service to brokers
• Responsibility for the accuracy and upkeep of all written premium data on Chaucer’s Policy Administration System for all risks written within the area of responsibility
• Providing statistical information to the underwriters when required, liaising with credit control regarding premium payments and monitoring renewal lists
• Ensuring that all systems are kept fully up to date following amendments and endorsements
• Check slips for Risk Admin and advise for slip entry
• Monitoring catastrophe aggregate accumulations
• Preparing minutes for regular meetings
• Underwriting training
• Analyse the quality of data presented in underwriting submissions and be prepared to reject any data that does not meet the required standard

Regulatory Responsibilities

• Assist with the completion of all required annual product review assessments to agreed timescales with approvals obtained and recorded
• Follow all Chaucer Group Product Governance processes in the UCM and obtain appropriate approvals
• Ensure that the principles of providing good customer outcomes and the fair treatment of customers are upheld by Agents and Service Providers

Skills and Competencies

• Technical - Microsoft Office suite, Advanced Excel, Data Analysis, Underwriting management systems
• Understanding of fundamental insurance/reinsurance concepts
• Organised and able to work to tight deadlines and manage multiple priorities
• Able to communicate with different levels and is adaptable
• Works as part of a team

Education

• 3 ‘A’ Level passes (or equivalent)
• ACII qualified or studying towards ACII

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.