Underwriting Strategy Analyst
Posted 1 day 17 hours ago by Chaucer Underwriting Services Limited
Underwriting Strategy Analyst page is loaded Underwriting Strategy Analyst Apply locations London time type Full time posted on Posted Yesterday job requisition id JR100917
Job Profile Summary
The Underwriting Strategy and Central Portfolio Management team works at the heart of the business to shape Chaucer's underwriting growth and transformation strategy; and supports its implementation.
This role reports into the Underwriting Strategy Manager, who reports into the Head of the team. The team has three main workstreams: underwriting strategy, portfolio management and underwriting operational change. The primary responsibility for this role is to support the Underwriting Strategy Manager by extensively working with underwriting teams and other key stakeholders across the business to assist with development and delivery of the underwriting strategy. Secondary responsibility is to support the other two workstreams within the wider team to effectively execute the teams' duties and deliver on the objectives as and when required. Chaucer has a strong collegiate culture where proactive and inquisitive behaviour is encouraged. Through the remit of the Chief Underwriting Officer, there is scope to support underwriting growth and performance over time, including support with:
Targeted analysis - Ability to distil strategic market themes to influence Chaucer direction and build the 'so what' for underwriting strategy
Targeted research - Carry out (using a variety of sources), share and act on appropriate market, customer and competitor research and analysis, both quantitative and qualitative, working with underwriting management as relevant. This will also support gathering effective intelligence with respect to key market movements and potential opportunities this may present for Chaucer
Strategy development - support development and communication of a clear story for Chaucer's Underwriting unit as a whole and specific teams including overseas teams
Strategy implementation - work with the business to implement underwriting strategy
Long term plan development - support development of a cohesive long-term plan and working internally and externally to support implementation
Central Portfolio Management - support wider team on regular analysis, performance reviews, monitoring and reporting
Job Description
This role has tremendous scope for learning and development across a range of specialty (re)insurance activities and is ideal for someone looking to progress their career in the industry. Additionally, this role offers significant opportunities for exposure to underwriting leadership. This role suits an ambitious, proactive and enterprising candidate that is willing to learn and develop a diverse range of skills.
Your role will be to assist the team across a range of activities, with a focus on those as outlined above. This may include:
Conducting regular and ad-hoc research on competitor activity and market intelligence as well as ad hoc research and analysis on particular topics
Producing regular analysis from research and intelligence activities, resulting in a clear, relevant conclusions summarising potential impact on Chaucer's strategy, plan and performance. This can be in the form of a PowerPoint presentation or a Word document with supporting analysis in Excel.
Supporting UW Strategy Manager in working with underwriting management and teams on plans or opportunities
Becoming involved in tackling specific opportunities and UW initiatives that have been identified
Over time, objectively challenge underwriting strategy / proposals from the teams
Helping to manage and co-ordinate deliverables across diverse strategic and portfolio management requirements
Collaborating with and co-ordinating activities with underwriting and non-underwritings teams, both internal and external as required
Supporting the wider team in executing team deliverables as required
Drafting communications and presentations and support with regular analysis and reporting requirements
Skills and Competencies
This is a broad role and to be successful in it you will need to be curious, analytical, organised and be able to see the big picture.
You will interact closely with senior management and widely across the business, so it would be helpful to have excellent verbal and written communication skills with the ability to listen and interpret requirements and to communicate findings, conclusions, insights and implications concisely to interested parties
Be able to apply personal initiative and accountability within the team environment whilst working collaboratively with others
Have clarity of thought - unconstrained yet logical and structured and ability to distil complex information
Have excellent attention to detail combined with the ability to apply relevance, pragmatism and common sense
Have good commercial acumen and ability to interact with the business
Have a good understanding of Specialty Insurance
Education
Degree qualified
Working towards ACII qualification
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.