Job Profile Summary

We are seeking a proactive and detail-oriented Assistant Underwriting to support the Head of Underwriting in the day-to-day oversight, management and servicing of underwriting activities including on-boarding of risks, coverholder governance, underwriting information gathering and data analysis. In parallel, you will work closely with the Portfolio Analyst and Manager to analyse and monitor portfolio performance and support business planning and decision-making processes for CIC.

This role is ideal for someone with foundational (re)insurance experience and strong data analytics skills who enjoys working across teams, managing and presenting data, and contributing to operational improvements. The role will also act as a key liaison for the various underwriting teams, support projects and help reporting initiatives.

Underwriting Oversight (direct line to Head of Underwriting)

Assist the Head of Underwriting in daily oversight and servicing of underwriting operations, processes, and delegated authority governance.
Act as a key point of contact for underwriting teams ensuring timely responses and accurate support on operational and governance matters.
Work closely with Finance, Operations, Portfolio Management, Compliance, and other departments to align underwriting data, workflows, and reporting requirements.
Work with the DA CoE to actively support the onboarding of new coverholders and the renewal of existing contracts, including due diligence, documentation, and compliance tracking in line with CIC’s regulatory requirements.
Conduct regular assessments of underwriting risks to confirm compliance with CIC’s capabilities and business plan, review entry of data into internal systems; investigate any data gaps with the underwriting teams and underwriting operations.
Participate in the preparation and collation of materials for the Underwriting Committee, as required.
Participate in projects focused on improving underwriting data quality, reporting accuracy, process improvement and the further automation of underwriting performance metrics.

Portfolio Analysis & Reporting (Matrix support to Portfolio Analyst & Manager)

Conduct insightful and actionable analysis of underwriting portfolios across segments, focusing on key trends, deviations from plan, and early warning indicators.
Support with detailed performance reviews and optimisation analysis, including in-depth analysis to assess the profitability and sustainability of the underwriting portfolio.
Support with preparing and presenting underwriting performance dashboards and summarising outputs from detailed performance reviews.
Collaborate with underwriting teams to review and improve performance and non-UW teams to drive relevant MI.
Support wider team with regular analysis, performance reviews, monitoring and reporting as required.
Drafting communications and presentations and support with regular analysis and reporting requirements, including collating slides for various committee and board reports.

Skills and Competencies

Relevant experience in the (re)insurance industry, preferably related to underwriting.
Strong analytical skills and attention to detail; confident handling and presentation of underwriting and operational data.
Advanced Excel skills; experience with data analytics or BI tools (e.g., Power BI, Tableau) highly desirable.
Excellent written and verbal communication skills; ability to work effectively with cross-functional teams.
Exposure to reporting automation, data governance, or process improvement initiatives

Education

Bachelor’s degree in Insurance, Business, Finance, Mathematics, or related field.
Data analytics and coding qualifications

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.

Underwriting Oversight and Portfolio Analyst

Job Description