Underwriting Strategy Analyst

Chaucer Syndicates Ltd; London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A leading insurance company in London is seeking an Underwriting Strategy Analyst to support their underwriting strategy and collaborate with key stakeholders. This role involves conducting market research, developing clear strategies, and assisting teams in implementing these strategies. Ideal candidates will have strong analytical skills and be working towards the ACII qualification. The position offers a hybrid work model and extensive benefits.

Benefits

Flexible work model

Non-contributory medical benefits

Life insurance and pension cover

Flexible holidays

Wellbeing support

Qualifications

• Understanding of Specialty Insurance is necessary.
• Ability to work collaboratively in a team environment.
• Excellent attention to detail and clarity of thought.

Responsibilities

• Support Underwriting Strategy Manager with strategy delivery.
• Conduct market research and analysis.
• Develop and communicate clear underwriting strategy.

Skills

Curiosity

Analytical skills

Organizational skills

Commercial acumen

Communication skills

Education

ACII qualification (working towards)

Job description

Overview

Join to apply for the Underwriting Strategy Analyst role at Chaucer Group.

The Underwriting Strategy and Central Portfolio Management team works at the heart of the business to shape Chaucer's underwriting growth and transformation strategy; and supports its implementation. This role reports into the Underwriting Strategy Manager, who reports into the Head of the team. The team has three main workstreams: underwriting strategy, portfolio management and underwriting operational change. The primary responsibility for this role is to support the Underwriting Strategy Manager by extensively working with underwriting teams and other key stakeholders across the business to assist with development and delivery of the underwriting strategy. Secondary responsibility is to support the other two workstreams within the wider team to effectively execute the teams' duties and deliver on the objectives as and when required. Chaucer has a strong collegiate culture where proactive and inquisitive behaviour is encouraged. Through the remit of the Chief Underwriting Officer, there is scope to support underwriting growth and performance over time, including support with:

Responsibilities

• Targeted analysis - Ability to distil strategic market themes to influence Chaucer direction and build the 'so what' for underwriting strategy
• Targeted research - Carry out (using a variety of sources), share and act on appropriate market, customer and competitor research and analysis, both quantitative and qualitative, working with underwriting management as relevant. This will also support gathering effective intelligence with respect to key market movements and potential opportunities this may present for Chaucer
• Strategy development - support development and communication of a clear story for Chaucer's Underwriting unit as a whole and specific teams including overseas teams
• Strategy implementation - work with the business to implement underwriting strategy
• Long term plan development - support development of a cohesive long-term plan and working internally and externally to support implementation
• Central Portfolio Management - support wider team on regular analysis, performance reviews, monitoring and reporting

Job Description

This role has tremendous scope for learning and development across a range of specialty (re)insurance activities and is ideal for someone looking to progress their career in the industry. Additionally, this role offers significant opportunities for exposure to underwriting leadership. This role suits an ambitious, proactive and enterprising candidate that is willing to learn and develop a diverse range of skills.

Your role will be to assist the team across a range of activities, with a focus on those as outlined above. This may include:

• Conducting regular and ad-hoc research on competitor activity and market intelligence as well as ad hoc research and analysis on particular topics
• Producing regular analysis from research and intelligence activities, resulting in a clear, relevant conclusions summarising potential impact on Chaucer's strategy, plan and performance. This can be in the form of a PowerPoint presentation or a Word document with supporting analysis in Excel.
• Supporting UW Strategy Manager in working with underwriting management and teams on plans or opportunities
• Becoming involved in tackling specific opportunities and UW initiatives that have been identified
• Over time, objectively challenge underwriting strategy / proposals from the teams
• Helping to manage and co-ordinate deliverables across diverse strategic and portfolio management requirements
• Collaborating with and co-ordinating activities with underwriting and non-underwritings teams, both internal and external as required
• Supporting the wider team in executing team deliverables as required
• Drafting communications and presentations and support with regular analysis and reporting requirements

Education

Working towards ACII qualification

Skills and Competencies

• Have a good understanding of Specialty Insurance

This is a broad role and to be successful in it you will need to be curious, analytical, organised and be able to see the big picture.

You will interact closely with senior management and widely across the business, so it would be helpful to have excellent verbal and written communication skills with the ability to listen and interpret requirements and to communicate findings, conclusions, insights and implications concisely to interested parties

Be able to apply personal initiative and accountability within the team environment whilst working collaboratively with others

Have clarity of thought - unconstrained yet logical and structured and ability to distil complex information

Have excellent attention to detail combined with the ability to apply relevance, pragmatism and common sense

Have good commercial acumen and ability to interact with the business

We offer:

• A flexible 2 days in the 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.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance
• Industries

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