Underwriter - International General Liability

Chaucer Syndicates Ltd; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Flexible hybrid work model

Inclusive culture

Extensive benefits

Job summary

Chaucer Syndicates Ltd is seeking an experienced International General Liability underwriter to support the Head of Intl GL in building a profitable delegated authority book. You will underwrite, monitor risk, and help forecast and plan for the division in a global market.

This role requires Lloyd's experience, strong broker relationships, and knowledge of international casualty lines. A hybrid, London-based position with broad exposure across markets is offered.

Qualifications

• Delegated Authority Underwriting experience.
• ACII qualified or working towards associateship.

Responsibilities

• Support the Head of Intl GL in writing a profitable International General Liability book focused on Delegated Authority business.
• Take responsibility for part of the International General Liability class including monitoring and oversight of Delegated Authority business.
• Support the production of a business plan for review and agreement by Divisional.
• Head input into the monthly and quarterly forecasting process for the Intl GL class.
• Underwrite in accordance with underwriting authority and the business plan.
• Seek out new business opportunities through liaison with brokers and clients.
• Review risks including slip analyses, perform rating/benchmark analyses and premium monitoring.
• Liaise with brokers and develop good working relationships with broking and support teams.
• Compliance with Lloyd's and CIC regulations and byelaws.

Skills

Delegated Authority Underwriting

Lloyd's market knowledge

Underwriting authority

Broker relationships

Underwriting risk assessment

Education

ACII designation

Tools

PPL

White space

Underwriting 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 summary

To underwrite and manage a profitable International General Liability book.

• Support the Head of Intl GL in writing a profitable International General Liability book focused on Delegated Authority business
• Take responsibility for part of the International General Liability class of business including monitoring and oversight of Delegated Authority business
• Support the production of a business plan for review and agreement by Divisional
• Head Input into the monthly and quarterly forecasting process for the International General Liability class
• Underwrite in accordance with underwriting authority and the business plan
• Seek out new business opportunities through liaison with brokers and clients
• Review of new and renewal risks including slip analyses, perform rating/benchmark analyses and undertake premium monitoring
• Liaise with brokers and develop good working relationships with broking and support teams
• Liaise with other business areas within Chaucer as required, including credit control, claims, internal risk review, actuarial etc.
• Use market, industry and other sources to enhance awareness of technical factors and developments relevant to portfolio underwriting and the Int GL market in general#
• Peer Review of Delegated Authority business as allocated under the peer review selection criteria and responsibility matrix as set out in the Underwriting Manual.
• Responsibility for the accuracy and upkeep of written premium data on Charisma and other systems for all risks written within the area of responsibility
• Work closely with the Delegated Authority Centre of Excellence as a focal point for Delegated Authority business
• Prepare reports and statistical information as required by senior management
• Assist in the continuous assessment of rating and benchmarking models
• Travel to visit existing and potential clients as required
• Ensure compliance with and maintenance of Group systems
• Compliance with Lloyd's and CIC regulations and byelaws

Our requirements

Delegated Authority Underwriting experience

Ideally 5 years working within the Lloyds insurance environment

Desirable relevant experience in Casualty International Liability Insurance or related classes and knowledge of the London and Lloyd’s Delegated markets

Technical skills

MS Office – including Excel & Word

Relevant insurance platform experience – PPL & White space

Comfortable with using in-house underwriting management systems

A detailed understanding of fundamental insurance/reinsurance concepts, MRCslip standards, contract certainty requirements, market standard model clauses (NMA, LMA, LSW model endorsements & exclusions), and class-specific terms and conditions

Education & Experience

Desirable ACII qualified or working towards achieving associateship.

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.