Senior Specialty Analyst - Exposure Management

Job summary

This is a Senior Analyst position within the Exposure Management function, with specific focus on the Speciality classes of Political Violence and Political/Credit Risk. This role includes the line management and development of the Analyst(s) working within the focus classes. The role will provide exposure analysis services to the underwriting function at a risk and portfolio level. Accumulation will need to be closely monitored against the company’s risk appetites. The job holder requires an in-depth knowledge of exposure management.

The Senior Analyst will be responsible for ensuring the completeness and accuracy of the data and subsequent analytics. They will need to manage relationships with outsourcing partners and provide training where necessary. In addition to supporting the underwriting division, the Senior Analyst will help develop and enhance processes to manage the exposures of the Specialty classes and report accumulations into various committees and regulators.

Main duties

• Be the subject expert for capturing the exposure to Political Violence and Political/Credit Risk classes and the analysis of risk within our modelling and aggregation systems. This includes being able to interpret slip terms and conditions, identifying and capturing the exposures into a data format suitable for the systems.
• Reviewing the data presented in underwriting submissions and liaising with brokers and underwriters to obtain information required to analyse the risk
• Produce management information and analytical reports for the Specialty classes to enable underwriters to monitor and quantify their exposures, in order to manage their portfolios within risk appetite
• Answer queries and peer review data entry work from outsourced team
• Overall responsibility for the entry of data into the aggregation and modelling systems, improving performance and efficiency on a continuous basis
• Assist with the production of Exposure Management returns, both internally and to Lloyds and other external regulators
• Ensure all processes are fully documented and relevant governance documents are up to date
• Working closely with the Specialty Analysts to understand the team’s priorities and deadlines
• Working closely with underwriters on a daily basis to understand their priorities and manage their expectations accordingly
• Understand how the "Chaucer View of Risk" relates to the business written by the Specialty divisions and be able to explain this to stakeholders
• Provide management, training and development to the Specialty Analyst(s)
• Manage relationships with outsourcing partners and provide training where necessary

Our requirements

Relevant experience

Essential                

- Knowledge of Exposure Management

Desirable

- Experience of deterministic scenario reporting

- Experience using Sequel Impact

Technical skills

Essential                

- Advanced use of Microsoft Excel

- Knowledge of other Microsoft Office products

Desirable

- SQL advantageous

Education & Experience

Essential

- Numerate, as evidenced within education or experience

Desirable

- CII qualification

Personal skills

- Excellent attention to detail

- Good analytical skills

- Ability to manage priorities and meet deadlines across many varying tasks

- Strong numeracy

- Willingness to use initiative to problem solve

- Highly collaborative, with the ability to work both independently and as part of a team

Other responsibilities

- Participate in the joint activities of the Exposure Management Team

- From time to time take part in relevant projects throughout the wider business

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 Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.

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 legislation). 
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 employment.
We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.