Senior Property Analyst

Job summary

This role is a Senior Analyst role within Chaucer's Exposure Management Team, with a specific focus on Property Direct & Facultative and Binders business.

The primary objective of the role is to provide the catastrophe risk modelling service to the Property Underwriting Teams. This includes day-to-day account modelling for underwriting and pricing using internal and external modelling platforms, analysing and explaining modelled results, monitoring aggregate usage, maintaining a complete and accurate portfolio of accounts and supervision of the external outsourced resources.

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.The role also requires working closely with the Treat and Property Lead and underwriting teams to support the blueprinting of potential growth in the portfolio for appetite setting and producing detailed account level analytics to support them in the underwriting processes. Whilst the role does not initially include any line management the Senior Property Analyst will be required to support in the daily supervision and development of the Property Analysts.

Main duties

• Utilising various catastrophe modelling platforms to process, model and analyse aggregate and detailed exposure data

• Providing analysis and insight into the model outputs to underwriters at both an individual account and portfolio level

• Monitoring portfolios against risk appetite measures

• Overall responsibility for maintaining an in-force portfolio and ensuring the completeness and accuracy of the data and results

• Working closely with underwriters on a daily basis to understand their priorities and manage their expectations accordingly

• Working closely with the Property Analysts to understand the team's priorities and deadlines

• Create & produce regular exposure metric reports

• Assisting Property & Treaty Lead in adhoc requests

• Take a leading role in appetite planning for future years

• Continuously work with Property & Treaty Lead to identify efficiencies within processes

• Assist in management of Outsourcing team workflow and ensuring process manuals are maintained and updated when required.

• Understand, investigate & report on any and all loss movements during monthly roll up

• Understand how the "Chaucer view of risk" relates to the business written by the Property Division & be able to explain this to stakeholders

• Provide management, training & development of Analysts and Outsourcing Team

Regulatory responsibilities

• Participating in the wider activities of the Exposure Management Team

• From time to time, taking part in relevant projects throughout the wider business

• Keeping up-to-date with new science & technological developments in the Catastrophe Management field Performing other related duties to meet the on-going needs of the organisation

• Take a leading role in presenting reports & data to key stakeholders

Skills, Knowledge and Experience

Experience

• Willingness to work across different teams & continuously learn and adapt

• Direct experience with analysing & pricing catastrophe risk

• Previous experience in the (re)insurance industry

Skills

• Strong numeracy skills with a good understanding of probability and statistics

• Analytical abilities coupled with excellent attention to detail

• Have the ability to communicate effectively

• Strong written & oral communication skills

• Strong knowledge of Microsoft Excel and MS SQL

• Strong understanding of insurance & reinsurance financial terms

• Proficient in using at least one vendor catastrophe platform ideally RMS

• Understanding of the statistical methodologies underlying catastrophe models

• Knowledge of GIS and/or other mapping software (desirable)

• Knowledge of or interest in programming languages, including R & Python (desirable)

Experience

• Relevant experience similar exposure management role

Qualifications

• Educated to degree level preferred but not essential for an excellent candidate

• Other relevant professional qualifications such as ACII, CRM or CCRA

Personal Skills

• Willingness to use initiative to solve problems

• Attention to detail in a data intensive environment

• Excellent communications skills with the ability to present complex information clearly & concisely

• Good interpersonal & influencing skills with the ability to build effective relationships

• Professional attitude to meeting deadlines & objectives

• Highly motivated & prepared to go the extra mile

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.

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.