Senior Pricing Analyst (Casualty)

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 summar

yThe Senior Pricing Analyst will provide Actuarial pricing support primarily for Chaucer's Casualty portfolio (with a focus upon account pricing, benchmark rate reviews and portfolio analyses). The role will be strongly client-facing, incorporating support for broker negotiations, pricing support for insureds and involve developing new pricing capabilities. The Senior Pricing Analyst will also provide pricing support for other classes as required including Political Risk and Credit, and other classes within the insurance, reinsurance and Partnership / Innovation divisions

.The successful applicant will have strong technical pricing skills. The Senior Pricing Analyst will have strong communication skills and commercial awareness in order to provide effective broker and client support

.The Senior Pricing Analyst will be located within the Actuarial pricing team in London and work directly with the underwriting team under the guidance of the Insurance Pricing Manager

.Main dutie

• sDevelopment of a deep understanding of the Casualty classes, trends and underwriting team strateg
• yAccount pricing and underwriter support for broker negotiation
• sOngoing portfolio monitoring for accounts and overall portfoli
• oContributing ideas for new M
• IModel recalibration review
• sSupport the collection and maintenance of pricing dat
• aKeep abreast of industry initiatives and develop new pricing/visualisation techniques and best practice where opportunities aris
• eCollaborate, present and share knowledge with the wider Actuarial team on pricing approache
• sAssistance for other pricing team activities as require

dOur requirement

sRelevant experienc

eEssentia

• lGeneral insurance pricing experienc

e
Desirab

• leExperience in pricing delegated busines
• s,Model development experien

ceTechnical skil

lsEssenti

• alStrong IT skills, including comprehensive knowledge of Excel and V

BADesirab

• leR or Pyth
• onS
• QLExperience in building and using dashboards in Power

BIEducation & Experien

ceEssenti

• al2.1 or 1st degree in Maths or a Maths-related subject (e.g. Physics, Engineering, Statistic
• s)3 or more strong 'A' levels, including Mat

hs
Desira

• bleMaking good progress towards FIA qualification or equivalent, or recently Qualif

ied
Why Chau

cer 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 2

024.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 clie

nts.Hybrid work

ing We have no appetite to change this, whilst the market is steadily moving back to 4/1 working days, we are continuing to operate on a much more flexible hybrid basis with Heads of teams working closely with employees to strike a balance of what works best in their area. Our approach has been immensely popular and a successful way of working for the business and all employees at Chau

cer.Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislati

on).A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employm