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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.
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
Primary contact and main correspondent on all reinsurance wordings matters, including the review of treaty reinsurance contract wordings and Chaucer outwards reinsurance protections, to ensure that they reflect underwriter intentions and the wider business strategy. Reporting to the Head of Wordings and supported by the wider Wordings team as required.
Main duties:
Review of inwards reinsurance slips and wordings.
Review of outwards reinsurance slips and wordings.
Ensure proactive and regular engagement with underwriting teams to understand business goals and to ensure that reinsurance structures remain effective.
Draft and negotiate bespoke treaty Reinsurance wordings as required.
Managing key stakeholder relationships.
Ensuring contract aligns with business objectives whilst navigating evolving Regulatory landscapes.
Raising the awareness of wording clauses and their impact with the underwriters.
Liaise with the claims department regarding wording issues.
Liaise with market peers and remain fully abreast of market developments and trends.
Liaise with lawyers where appropriate to determine legal opinion of efficacy of specific wordings and clauses.
Experience in the London Insurance Market, in relation to ceded/outwards reinsurance placements and inwards international and US treaty reinsurance contracts for Property, Casualty and Marine classes (writing Catastrophe XoL, risk XoL and retrocessional and proportional treaties).
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.