Delegated Authority Underwriter -Political Violence

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

To manage, underwrite and grow the Political Violence and Crisis Management delegated authority (DA) book. To take responsibility for all DA business within the Political Violence and Crisis Management from a business planning, production and oversight perspective.

Main duties

• Support the Head of Political Violence (PV) in writing a profitable PV and CM Delegated Authority book, including binders, lineslips, broker facilities, Fac Reporters and Treaties
• Take responsibility for all DA business in the division
• Review of new and renewal relationships, including but not limited to, slip analyses, rating/benchmark analysis and premium monitoring.
• Take responsibility for the monitoring and oversight of Delegated Authority business, including referring binders to DA Operations and Completing Referral templates.
• Support the production of a business plan for review and agreement by management
• Input into the monthly and quarterly forecasting process
• Underwrite in accordance with underwriting authority and the business plan
• Seek out new DA business opportunities through liaison with brokers and clients, on-boarding in line with Chaucer's DA Framework
• Travel to support growth and robust oversight of the divisions DA book, including recording meetings in meeting capture app
• Build tools to aid the monitoring of all DA business from a controls, oversight, governance and underwriting perspective

Our requirements

Relevant experience

Essential

Minimum of 4 years working within the Lloyds insurance environment. Relevant experience in PV Insurance, knowledge of the London and Lloyd's markets and experience managing a DA book of business

Technical skills

Essential

MS Office - including Excel, PowerPoint & Word.

Relevant insurance platform experience - PPL & Whitespace.

A detailed understanding of fundamental insurance/reinsurance concepts, MRC slip standards, contract certainty requirements, market standard model clauses (NMA, LMA, LSW model endorsements & exclusions), and class-specific terms and conditions

Education & Experience

Essential

ACII qualified or working towards achieving

Personal skills

Professional outlook

Flexible at all times

Very good interpersonal skills

Excellent organisational skills

Excellent communication skills with the ability to liaise at all levels

Work as part of a team

Adapt to a pressured environment

Self-motivated

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 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.