Underwriting Apprentice

Programme Overview

Underwriting is what we do at Chaucer, as a leading speciality insurance and reinsurance group we find a way to protect business activities across the globe.

Our 18-month rotational programme offers the chance to work in various teams  to and build a successful Underwriting career. You'll start in Underwriting Operations and then move across different underwriting divisions such as Cyber, Casualty, Energy, Nuclear, Political, Property and Reinsurance.

Through the Apprenticeship programme, you'll work alongside underwriters to :

• Produce statistics, data, dashboards, and documents for effective management within your specialty area.
• Assist underwriters with various accounts, provide technical and administrative support, conduct statistical analysis, and ensure regulatory compliance.
• Create ad hoc reports, renewal lists, and analyse rates, aggregates, and premium projections.
• Assist with underwriting administration and provide support during onboarding and renewals.
• Understand and contribute to underwriting decisions using company criteria and pricing tools.
• Prepare and administer renewals and new business processes.
• Contribute to client satisfaction, retention, and profitability.
• Build relationships with key stakeholders.

Your Development – You’ll get

- Challenging, stretching and rewarding work right from the start in each area of our Risk teams

- Our full support and guidance to achieve your Level 3 Insurance Practitioner apprenticeship which incorporates the CERTCII qualification.

- A personalised development plan to support your professional and soft skills development

- An in-house experienced buddy and mentor, to help show you the ropes and support you on your journey

- lots of opportunities to get involved in groups outside of your day to day work to grow your network, learn from others and give back to the community through our CSR initiatives.

Is our Apprentice programme for you?

• Comfortable with numbers?
• Enjoy analysing data and problem solving?
• Have an eye for detail?
• Enjoy working collaboratively and building strong relationships?

If this sounds like you, and you want to continuously learn and go the extra mile this is the programme for you.

What you need

- An unrestricted right to work in the UK

- Be a current resident in the UK and have lived in the UK for 3 years

-  Able to commute to central London

- Not hold a higher qualification in the same or similar subject

- 3 or more A-Levels or equivalent (A-C)

- GCSE in Maths and English - grade 4 (C) or equivalent

-  IT skills, including Microsoft Excel

Please note: We will only accept ONE application for our graduate and apprentice roles. Please do not submit multiple applications, as this could lead to Chaucer removing you from the entire process.

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.