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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.comDelegated Authority Underwriter – International General Liability Job summaryTo underwrite and manage a profitable International General Liability book.Main dutiesSupport the Head of Intl GL in writing a profitable International General Liability book focused on Delegated Authority businessTake responsibility for part of the International General Liability class of business including monitoring and oversight of Delegated Authority businessSupport the production of a business plan for review and agreement by Divisional HeadInput into the monthly and quarterly forecasting process for the International General Liability classUnderwrite in accordance with underwriting authority and the business planSeek out new business opportunities through liaison with brokers and clientsReview of new and renewal risks including slip analyses, perform rating/benchmark analyses and undertake premium monitoringLiaise with brokers and develop good working relationships with broking and support teamsLiaise 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 generalPeer 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 responsibilityWork closely with the Delegated Authority Centre of Excellence as a focal point for Delegated Authority businessPrepare reports and statistical information as required by senior managementAssist in the continuous assessment of rating and benchmarking modelsTravel to visit existing and potential clients as requiredEnsure compliance with and maintenance of Group systemsCompliance with Lloyd’s and CIC regulations and byelawsRegulatory responsibilitiesManage 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 requirementsRelevant experienceDelegated Authority Underwriting backgroundMinimum of 5 years working within the Lloyds insurance environmentDesirable relevant experience in Casualty International Liability Insurance or related classes andknowledge of the London and Lloyd’s marketsTechnical skillsMS Office – including Excel & WordRelevant insurance platform experience – PPL & WhitespaceComfortable with using in-house underwriting management systemsA 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 termsand conditionsEducation & ExperienceDesirable ACII qualified or working towards achieving associateship.Personal skillsProfessional outlookFlexible at all timesVery good interpersonal skillsExcellent organisational skillsExcellent communication skills with the ability to liaise at all levelsWork as part of a teamAdapt to a pressured environmentWhy 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.
