Chaucer Group
Delegated Authority Underwriter - International General Liability
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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.
Headquartered in London, with international hubs in Copenhagen, Dubai, Miami, Dublin, Singapore, Sydney, and Bermuda, to be closer to our clients across the world. To learn more about us, please visit our website www.chaucergroup.com.
Job Summary
To underwrite and manage a profitable International General Liability book.
Main Duties
- Support the Head of Intl GL in writing a profitable International General Liability book focused on Delegated Authority business
- Take responsibility for part of the International General Liability class of business, including monitoring and oversight of Delegated Authority business
- Support the production of a business plan for review and agreement by Divisional
- Input into the monthly and quarterly forecasting process for the International General Liability class
- Underwrite in accordance with underwriting authority and the business plan
- Seek out new business opportunities through liaison with brokers and clients
- Review of new and renewal risks, including slip analyses, perform rating/benchmark analyses, and undertake premium monitoring
- Liaise with brokers and develop good working relationships with broking and support teams
- Liaise with other business areas within Chaucer as required, including credit control, claims, internal risk review, actuarial, etc.
- Use market, industry, and other sources to enhance awareness of technical factors and developments relevant to portfolio underwriting and the Int GL market in general
- Peer Review of Delegated Authority business as allocated under the peer review selection criteria and responsibility matrix as set out in the Underwriting Manual
- Responsibility for the accuracy and upkeep of written premium data on Charisma and other systems for all risks written within the area of responsibility
- Work closely with the Delegated Authority Centre of Excellence as a focal point for Delegated Authority business
- Prepare reports and statistical information as required by senior management
- Assist in the continuous assessment of rating and benchmarking models
- Travel to visit existing and potential clients as required
- Ensure compliance with and maintenance of Group systems
- Compliance with Lloyd’s and CIC regulations and byelaws
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Regulatory Responsibilities
- Manage the relationships with Customers, Agents, and Service Providers
- Ensure that the principles of Treating Customers Fairly are upheld by Agents and Service Providers
- Ensure that the brokers, cedants, and cover holders are vetted and approved by Compliance and TOBAs in place prior to engaging and/or writing business with
Our Requirements
Relevant Experience
- Delegated Authority Underwriting experience
- Ideally 5 years working within the Lloyds insurance environment
- Desirable relevant experience in Casualty International Liability Insurance or related classes and knowledge of the London and Lloyd’s Delegated markets
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Technical Skills
- MS Office – including Excel & Word
- Relevant insurance platform experience – PPL & White space
- Comfortable with using in-house underwriting management systems
- A detailed understanding of fundamental insurance/reinsurance concepts, MRCslip standards, contract certainty requirements, market standard model clauses (NMA, LMA, LSW model endorsements & exclusions), and class-specific terms and conditions
Education & Experience
- Desirable ACII qualified or working towards achieving associateship
Why Join Chaucer?
Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk—from nuclear, shipping, manufacturing, and property. Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we’re close to our clients wherever they are. We have shown strong financial success with our Gross Written Premiums growing from $1.4bn in 2019 to $3.5bn in 2024. Backed by strong teams, platforms, and client relationships, Chaucer is poised for continued success.
We offer:
- A flexible 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
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