Deputy Class Underwriter

2 weeks ago

London, Greater London, United Kingdom Chaucer Group Full time £60,000 - £80,000 per year

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 Copenhagen, Miami, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website

Job Profile Summary

Responsible for providing Underwriting support to the Political Violence Underwriting team, including quoting new and renewal business, interpret, prepare and analyse underwriting data to provide comprehensive modelling information to support the underwriting process

Job Description

  • Supporting Class and other Underwriters in all aspects of the underwriting and management of the account
  • Coordination and quality control with Risk Admin
  • Modelling of PV risks
  • Liaison with Credit control department
  • Preparation and monitoring of peer review meetings
  • Maintenance of risk history
  • Assisting with special projects
  • Keeping aggregate exposure records
  • Preparation of statistics
  • Assisting other PV Class underwriters as appropriate.
  • Assisting the PV Unit Head with management data monitoring.

Skills and Competencies

  • Lloyd's Market Box / Syndicate Experience
  • Other insurance experience
  • Mathematics, Data and Analytical Skills
  • Intermediate Excel, Charms and Charisma
  • Understanding of the risks being taken
  • Able to communicate with different levels and is adaptable
  • Works as part of a team

Education

  • Fully or almost qualified ACII qualification

Why Join Chaucer?

Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk-from nuclear, shipping, manufacturing, and property. Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we're close to our clients wherever they are.

We have shown strong financial success with our Gross Written Premiums growing from $1.4bn in 2019 to $3.5bn in 2024. Backed by strong teams, platforms, and client relationships, Chaucer is poised for continued success.

We offer:

A flexible hybrid work model that supports individual and team needs.

A diverse, inclusive culture that values people for who they are.

Extensive, non-contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support.

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