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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 Copenhagen, Miami, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website www.chaucergroup.com
Job Profile Summar
yBuild out and take ownership of all aspects of underwriting and effective profitable portfolio management of Chaucer's Onshore Conventional Power business including developing the business strategy, with emphasis on Onshore Conventional Power to ensure propositions sits alongside and complements existing Renewable Power offering thereby working closely with Head of Renewables & Energy Transition
.
Job Descripti
- onBuild out Conventional Power business plan and strategy including defining risk appetite, target segments / occupancies / geographies, CAT appetite / strate
- gyFormulate pricing methodology as well as develop and implement associated pricing mode
- lsResponsible for managing Conventional Power portfolio always ensuring its profitable and balanced development over ti
- meUnderwrite new and renewal risks and approve endorsements / amendments as required in accordance with the Group, Syndicate and Divisional business plan strategy, underwriting guidelines manual and underwriting authori
- tyAlongside Divisional Head lead the development of long-term strategy for Conventional Power and related business across all business platforms and Chaucer offic
- esProduce and present business plans for agreement by Chaucer underwriting manageme
- ntPerform slip and rating analysis and undertake premium monitori
- ngPerform PML and aggregation analysis in conjunction with the exposure management te
- amMonitor risks written and due for renewal as well as developing list of target accoun
- tsMonitor & ensure the accuracy and upkeep of all written premium data on Charisma for all risks written within the area of responsibili
- tyPrepare reports and statistical information as required from time to ti
- meAssist with the development and enhancement of underwriting systems where applicable, including new and/or enhanced rate/premium benchmarking mode
- lsDevelop and maintain relationships with brokers to ensure good flow of new and renewal business that fits strategic appetite, and to enhance Chaucer brand, market profile and reputati
- onDevelop & maintain relationships with customers to aid business understanding, risk retention and target new business, including travel as requir
- edAttend market risk presentations and market body meetings as applicab
- leKeep up to date with Onshore Conventional Power industry developments to maintain knowledge of technical risk facto
- rsLiaise with other business areas within Chaucer as required to ensure effective management of the energy account including credit control, compliance, claims, exposure management, internal risk review and actuarial functio
- nsMaintain supportive relationships across the energy team and around the other Chaucer underwriting divisions, both in London and overse
- asEnsure timely and effective administrative processing and peer review of risks writt
- enStrive to achieve personal objectives as set out by Divisional He
ad
Skills & Competenc
- iesExperience specific to insurance of Onshore Conventional Po
- werExperience of negotiating with brokers and liaising with clie
- ntsUnderwriting experience specific to the Lloyd's & London Mar
- ketExcel and Word - Intermedi
- ateMathematics, data and analytical ski
- llsGlobal Macro Econom
- icsOrganised and able to work to tight deadlines and manage multiple priorit
- iesAble to communicate with different levels and is adapta
- bleResilient and able to work in a pressured environm
ent
Educa
fied
Why Join Cha
ucer?An established market leading Insurer, where over the past 5 years, the Chaucer Group has seen significant and successful growth. In 2019, we wrote $1.4bn of Gross Written Premium, closed 2023 with $2.7bn, and are on track to write well over $3bn in
2024.This is an exciting time for Chaucer; we have the people, the platforms, the expertise and the relationships to continue our recent success. We will remain focussed on the areas where we can provide the most expertise and value to our brokers and cli
ents.We o
- ffer:A flexible hybrid work model that supports individual and team n
- eeds.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 sup
port.
