Exposure Management Operations Manager

Chaucer Syndicates Ltd; Greater London; Hybrid; GBP 110,000 - 160,000; Full time

Benefits offered by this job

Flexible hybrid work model

Medical, life, and pension cover

Flexible holidays

Wellbeing support

Job summary

Chaucer Syndicates Ltd. is seeking a senior role within the Exposure Management (EM) team to oversee annual EM operational planning and ensure documentation and timely delivery in collaboration with the Chaucer Technology (CTG) team.

The role focuses on mapping EM workflows, setting SLAs, and coordinating with internal and external vendors to support risk modelling and regulatory requirements.

Qualifications

• Experience with Exposure Management applications and catastrophe modelling teams.
• Degree-level education; professional qualifications such as CSCR, ACII, CRM or CCRA preferred.
• Strong communication, project management and organisational skills.

Responsibilities

• Maintain the detailed annual EM operational plan and coordinate with CTG and other teams.
• Define and document EM workflows, inputs/outputs, and SLAs with CTG.
• Document environment, test data, access requirements and support testing of EM systems.
• Lead data migration and platform transition activities with Chaucer Technology and vendors.
• Keep up-to-date with catastrophe modelling developments and the reinsurance market.

Skills

Exposure management experience

Catastrophe modelling

Project management

Strong communication

Problem solving

Organised

Education

Degree holder

Professional insurance qualifications (CSCR, ACII, CRM, CCRA)

Tools

RMS catastrophe platform (Moody’s RMS)

Verisk Sequel Impact

SQL

In-house modelling/aggregation systems

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

This is a senior key role in the Chaucer Exposure Management (EM) teams responsible for overseeing EM operational processes and acting as the bridge between EM team and the Chaucer Technology (CTG) team. The role holder will own the annual plan of EM operational tasks, ensures that operational processes are documented and completed to agreed deadlines, working in tandem with CTG to ensure operational need to EM team are understood and met.

Job Description

Main Duties

• Maintain a detailed annual plan of all EM specific operational tasks for the year and ensure that this understood across the wider EM team. All system upgrades, patching, housekeeping and other technology activity affecting EM should be scheduled around the key deliverables in this plan.
• Work with all relevant teams to ensure all EM operational processes are completed as per agreed deadlines, with appropriate controls and checks in place that are understood and followed.
• Ensure that all EM operational workflow processes, including those handled by the CTG team, are mapped out and documented, together with the inputs and outputs of key servers, systems and applications, and that this documentation is reviewed regularly for appropriateness and that these include business outcomes, acceptance criteria and benefits.
• Work with the CTG team to set clear and appropriate SLAs for all operational tasks handled outside of the EM team, establishing these where they do not currently exist.
• Ensure that permission grids / groups and housekeeping processes for all EM systems and applications (in-house and vendor) are appropriate, understood and maintained with clear ownership, and that vendor system requirements are understood by the CTG team.
• Work with the CTG team to ensure that all technology requirements are in place for any external data sharing.
• In conjunction with the EM senior leadership team, and working closely with the CTG team, ensure that development items for the in-house Pricing and Aggregation system or wider EM processes are prioritised in line with EM and wider business needs, including considerations for risk reduction and Regulatory requirements.
• In conjunction with the EM senior leadership team, identify where additional reports are required and work with the Chaucer data team to ensure these are created.
• Provide operational and technical support to the EM team and the wider Chaucer business, liaising with the CTG team and vendor support teams as required, and provide EM expertise to the CTG team.
• Keep abreast of new developments in EM tooling, catastrophe science and the (re)insurance market, and recommend where processes could be made more efficient or new tooling implemented to improve EM workflows.

Other Responsibilities

• From time to time take part in relevant projects within Exposure Management or throughout the wider business. Noting that Chaucer has a number of upcoming transformation projects.
• Act as the operational lead for the Exposure Management team on any major platform or system transition, working with the Chaucer Technology team and relevant vendors to plan and coordinate data migration, parallel running and cutover activities, ensuring these are scheduled around key Exposure Management deliverables as per the annual plan.
• Work with the Chaucer Technology team to ensure that all environments, test data and user access requirements are in place to support the testing of new or upgraded Exposure Management systems and applications, and coordinate the resolution of any issues identified through testing.
• Ensure that all upstream and downstream dependencies on existing Exposure Management systems and applications are documented ahead of any system change, and that an agreed plan is in place for how these will be migrated, remediated or retired.
• Keep up-to-date with new science and technological developments in the Catastrophe Management field, and also relevant news and developments within the (re)insurance market itself.
• Participate in the Catastrophe Underwriting Group if required.

Skills and Competencies

• Experience with Exposure Management applications and tooling
• Experience within an Exposure Management or Catastrophe Modelling team

Technical Skills

• Proficient using at least one model vendor catastrophe platform (Moody’s RMS preferred)
• Proficient using at leas one aggregation model vendor platform (Verisk Sequel Impact preferred)
• SQL programming skills, in particular with a focus on cat model output analysis and manipulation
• Good knowledge of the build and financial output of catastrophe models
• Strong understanding of insurance and reinsurance financial terms
• Experience using in house modelling and aggregations systems
• Other programming languages
• Experience in project management
• Advanced excel

Education

• Educated to degree level
• Other relevant professional qualifications (or progress towards) such as CSCR, ACII, CRM, CCRA

Personal Skills

• Willingness to use initiative to solve problems
• 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
• Flexibility and ability to prioritise
• Organised

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.