Chaucer Group
Senior Pricing Analyst - Reinsurance
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Senior Pricing Analyst - Reinsurance
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.
The role
This is a role within Chaucer's Reinsurance Pricing team. The Senior Pricing Analyst will provide pricing support primarily for Chaucer's growing reinsurance (Property, Specialty, and Casualty Treaty) and Cyber portfolios across London and International offices. The Senior Pricing Analyst will work closely with divisional actuaries in the team to balance workload, broaden experience, and facilitate consistency of approach.
The Pricing team works closely with underwriting teams to provide individual case pricing support, develop pricing models that allow underwriters to price, compare, and monitor accounts, and develop risk and portfolio insight tools to inform business decision-making.
Actuarial study support towards Institute and Faculty of Actuaries qualification will be provided for this role.
Job Description
- Support account pricing and underwriter support for broker and negotiations
- Provide support to design, build, and enhance Excel-based pricing models and pricing analytics that meet underwriter requirements and incorporate improved insights (in line with Actuarial pricing frameworks and technological solutions platform requirements)
- Work collaboratively with underwriters, the pricing team, and management across the planning and development process
- Research and develop techniques and approaches to deliver improvements in modelling capabilities, data quality, and operational efficiency through model design and use of technology
- Develop strong relationships with underwriting and catastrophe modelling teams to coordinate sharing of best practices
- Document new models and provide training
- Communicate and present models to business stakeholders
- Collaborate, present, and share knowledge with the wider Actuarial team
- Assistance for other pricing team activities as required
- Desire to sit the IFoA exams and become an FIA qualified actuary
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Skills and Competencies
- London Market pricing experience (ideally reinsurance) would be advantageous
- Very good interpersonal, verbal, and written skills
- Very good Analytical skills - logical, methodical, and rational approach to problem solving
- Comfortable with interpreting and producing numerical data
- Able to present findings to key stakeholders
- Self-motivated, hard-working, and takes initiative
- Ability to plan and organise work to meet targets and deadlines
- Able to collaborate, work as a team, and communicate with staff at all levels
- Working knowledge of Python / R and SQL
- Comprehensive knowledge of Excel and VBA
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Education
- Part-Qualified Actuary, making good progress through the IFoA exams or equivalent
- 2.1 or 1st degree in Mathematics or numeric subject (e.g. Physics, Engineering, Statistics)
- 3 or more A-levels, including Mathematics
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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