
Senior Analyst – Emerging Cat Classes
Chaucer Group
London
•1 week ago
•No application
About
- Job summary This is a Senior Analyst position within the Exposure Management function, with specific focus on the Emerging Cat risk classes of Cyber and Liability. This role may include the line management and development of the Analysts across all Emerging Cat classes (currently encompassing Cyber and Liability), in addition to the supervision of any external outsourced resources. The role will provide exposure analysis services to the underwriting function at a risk and portfolio level. Accumulation will need to be closely monitored against the company’s risk appetites. The job holder requires an in-depth knowledge of exposure management. The Senior Analyst will be responsible for ensuring the completeness and accuracy of the data and subsequent analytics. They will need to manage relationships with outsourcing partners and provide training where necessary. In addition to supporting the underwriting division, the Senior Analyst will help develop and enhance processes to manage the exposures of the Cyber and Liability classes, report accumulations into various committees and regulators and support Emerging Cat Lead with new risks presented by the Partnership and innovation team. Main duties Be the subject expert for capturing the exposure to Cyber and Liability classes and the analysis of risk within our modelling and aggregation systems. This includes being able to interpret slip terms and conditions, identifying and capturing the exposures into a data format suitable for the systems. Reviewing the data presented in underwriting submissions and liaising with brokers and underwriters to obtain information required to analyse the risk Produce management information and analytical reports for the Cyber and Liability classes to enable underwriters to monitor and quantify their exposures, in order to manage their portfolios within risk appetite Answer queries and peer review data entry work from outsourced team Overall responsibility for the entry of data into the aggregation and modelling systems, improving performance and efficiency on a continuous basis Assist with the production of Exposure Management returns, both internally and to Lloyds and other external regulators Provide support with ad hoc requests and monitoring requests from the Partnership and Innovation team. Ensure all processes are fully documented and relevant governance documents are up to date Working closely with the Specialty Analysts to understand the team’s priorities and deadlines Working closely with underwriters on a daily basis to understand their priorities and manage their expectations accordingly Understand how the "Chaucer View of Risk" relates to the business written by the Emerging Cat Risk divisions and be able to explain this to stakeholders Provide management, training and development of class Analyst(s) Manage relationships with outsourcing partners and provide training where necessary Our requirements Relevant experience Knowledge of Exposure Management Understanding of RMS Cyber Solutions and Verisk’s Arium liability platform or similar - desirable Technical skills Advanced use of MS Excel Numerate, as evidenced within education or experience Knowledge of other Microsoft Office products SQL advantageous CII qualification - desirable Personal skills Excellent attention to detail Good analytical skills Ability to manage priorities and meet deadlines across many varying tasks Strong numeracy Willingness to use initiative to problem solve Highly collaborative, with the ability to work both independently and as part of a team Other responsibilities Participate in the joint activities of the Exposure Management Team From time to time take part in relevant projects throughout the wider business 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. Chaucer are a leading specialty (re)insurance group working with brokers, coverholders and clients to protect and support business activities around the world. Our services are accessed both through Lloyd’s of London and the company markets. We are defined by an enterprising, bespoke approach to (re)insurance, enabled by the individual character, experience and imagination of our expert teams. Chaucer is a member of the China Re Group and backed by their financial and operational resources. China Re is one of the world’s largest reinsurance companies whose outstanding and comprehensive strength is rated A (excellent) by AM Best and A (strong) by S&P Global Rating. Chaucergroup.com