Deputy Class Underwriter - Political Violence

Chaucer Syndicates Ltd; Greater London; Hybrid; GBP 35,000 - 52,000; Full time

Benefits offered by this job

Flexible hybrid work

Diverse culture

Medical cover

Pension plan

Wellbeing support

Job summary

Chaucer Syndicates Ltd, a leading Lloyd's insurer, seeks an underwriting support professional to interpret and analyse underwriting data for comprehensive modelling. You will assist the PV Class underwriters, coordinate with Risk Admin, and help monitor PV unit data and peer review processes.

The role involves modelling PV risks, liaising with Credit control, and supporting special projects while maintaining risk history documentation. ACII qualification is expected within a reasonable timeframe.

Qualifications

• Lloyd's Market box or syndicate experience preferred.
• Strong mathematical, data and analytical skills.
• Familiarity with insurance risk concepts and underwriting.
• Ability to communicate with colleagues at all levels and work as part of a team.

Responsibilities

• Support Underwriting team in interpreting and analysing underwriting data for modelling.
• Coordinate with Risk Admin for quality control and account management.
• Model PV risks and liaise with Credit control on data and metrics.
• Prepare and monitor peer review meetings and maintain risk history records.
• Assist PV Unit Head with management data monitoring and special projects.

Skills

Lloyd's Syndicate exp.

Insurance experience

Mathematics & analytics

Excel & Charms

Understanding of risk

Communication & teamwork

Education

ACII qualification

Tools

Charms software

Job description

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.

Headquartered in London, with international hubs in Copenhagen, Dubai, Miami, Dublin, Singapore, Sydney and Bermuda, to be closer to our clients across the world. To learn more about us please visit our website www.chaucergroup.com

Job Profile Summary

Responsible for providing support to the Underwriting team especially to 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 involving organisation and filing
• Assisting with special projects
• Preparation of statistics
• Assisting other PV Class underwriters as appropriate.
• Assisting the PV Unit Head with management data monitoring.

Regulatory Responsibilities

Comply with all policies and procedures and ensure that due regard is paid to providing good customer outcomes and the fair treatment of customers.

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 - job holders will be expected to achieve Associateship in a reasonable period of time

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.