Catastrophe Risk - Property Analyst

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.

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

This role is an Analyst position within Chaucer's Exposure Management Team, with a specific focus on Chaucer's Property Direct & Facultative and Binders businesses.
The primary objective of the role is to provide the catastrophe risk modelling service to the Property Underwriting Teams.
This includes day-to-day account modelling for underwriting and pricing using internal and external modelling platforms, analysing and explaining modelled results, monitoring aggregate usage, and maintaining a complete and accurate portfolio of accounts.
The role will also participate in the wider activities of the Exposure Management Team include support for Property Treaty during peak renewal periods.

Main duties

• Utilising various catastrophe modelling platforms to process, model and analyse aggregate and detailed exposure data
• Providing analysis and insight into the model outputs to underwriters at both an individual account and portfolio level
• Monitoring portfolios against risk appetite measures
• Assisting the Senior Property analyst in maintaining an in-force portfolio and ensuring the completeness and accuracy of the data and results
• Working closely with underwriters on a daily basis to understand their priorities and manage their expectations accordingly
• Create and produce regular exposure metric reports
• Assisting Senior Property analyst in adhoc requests

Additional duties

• Participating in the wider activities of the Exposure Management Team
• From time to time, taking part in relevant projects throughout the wider business
• Keeping up-to-date with new science and technological developments in the Catastrophe Management field Performing other related duties to meet the on-going needs of the organisation

Our requirements

Relevant experience

Essential

Willingness to work across different teams and continuously learn and adapt

Desirable

Direct experience with analysing and pricing catastrophe risk
Previous experience in the (re)insurance industry

Technical skills
Essential

Strong numeracy skills with a good understanding of probability and statistics
Analytical abilities coupled with excellent attention to detail
Ability to communicate effectively
Strong written and oral communication skills
Strong knowledge of Microsoft Excel and MS SQL

Desirable
Strong understanding of insurance and reinsurance financial terms
Proficient in using at least one vendor catastrophe platform
Understanding of the statistical methodologies underlying catastrophe models
Knowledge of GIS and/or other mapping software
Knowledge of or interest in programming languages, including R and Python

Education & Experience

Desirable
Educated to degree level preferred but not essential for an excellent candidate
Other relevant professional qualifications such as ACII, CRM or CCRA

Personal skills
- Willingness to use initiative to solve problems
- Attention to detail in a data intensive environment
- 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

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 office 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.