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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
To assist the Senior Class Underwriter of Specialist Lines in all aspects of underwriting, including business meetings, account ownership, new business, Coverholder engagement and general underwriting functions involved with writing an MGA/Coverholder book of business.
To assist the Senior Class Underwriter of Specialist Lines in underwriting new, renewal and mid-term alterations in accordance with the Syndicate Business Plan, Syndicate Underwriting Guidelines, Divisional Guidelines and Market Practice Guidelines.
Agreement of special acceptances and referrals to binding authorities, line slips and consortia in accordance with underwriting authority.
Specific account analysis including formulation of statistical analysis when required
Assisting Senior Class Underwriter in preparation of quarterly Executive Report
Liaising with Actuarial, Underwriting Support, Claims and other internal departments and representing the business line at meetings as required
Preparation of formal documentation in a timely and accurate manner in accordance with Profit Centre and corporate standards, and in line with compliance and regulatory standards
Responsibility for the accuracy and upkeep of all written premium data on Charisma for all risks written within the area of responsibility
Build strong market peer group reputation.
Participation in and where appropriate, chairing of special projects as and when required in order to meet Chaucer's long term objectives.
Reporting of issues to Senior Class Underwriter
Client liaison for allocated risks and/or in absence of Senior Class Underwriter
Travel to Coverholders/MGAs, producers and conferences when required
Reporting to Divisional Head in absence of Senior Class Underwriter/Class Underwriter
Ensure records are properly recorded and updated, including client files
Skills & Competencies
Proven Insurance Industry Experience - Demonstrates a solid background in insurance operations and market practices.
Understanding of Actuarial Rating Processes - Familiar with the principles and methodologies underpinning actuarial pricing and risk assessment.
Knowledge of Binder and Coverholder/MGA Operations - Clear understanding of delegated authority frameworks and operational models within the Lloyd's and company markets.
Broker and Client Engagement - Experienced in negotiating with brokers and maintaining effective client relationships to support business objectives
Communication Skills - Able to engage and collaborate effectively across all levels of the organisation.
Team-Oriented Approach - Works collaboratively to achieve shared goals and foster a supportive team environment.
Learning Agility - Embraces a growth mindset, showing adaptability and a proactive approach to learning from new experiences and challenges.
ACII qualified
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.