Senior Underwriting Operations Technician (Bermuda)

This role works within the Bermuda office and has a dotted-line report to the Operations Business Partnering team in London.  The Operations Business Partnering Team is responsible for ensuring that Chaucer captures, processes, reports and controls business data correctly and efficiently. The Team also has responsibility for managing third party business partners involved in these data management processes.

This role offers an excellent opportunity for an experienced insurance professional to take a senior level position, drive operational excellence, and contribute to the success of the Operations Business Partner team.

• Daily monitoring of dedicated mailbox ensuring all queries are answered within SLA
• KPI/CRM monitoring
• Completion of daybook entries and Wizards where necessary
• Attaching slips in main workflow system and data enrichment
• Checking Charisma entries, investigating anomalies and reporting on quality
• Co-ordinating exception reports and addressing issues using RCA
• Close liaison with Business Partners and Velonetic technicians
• General maintenance of policy history, which involves organisation and filing
• Completion of pricing models (where required)
• Preparing and distributing weekly reports
• Assist in the maintenance, review and updates to Business Partner procedure manuals
• Preparation of materials and attendance meetings as required
• Answering queries from Chaucer’s outsourcing team
• Supporting Underwriting teams in daily tasks
• Support UAT as required
• Identify opportunities to streamline operations and improve efficiency
• Perform analytics comparing estimated and reported premium, losses, and commissions
• Identify variances, trends, and anomalies to support underwriters in setting best estimates
• Ensure accounts remain up to date, improving confidence in portfolio‑level financials
• Liaise with brokers, underwriters, and treasury on letter of credits of requests.  Verify amounts from cedants/brokers in requests and follow-up to ensure collateral held is sufficient
• Assistance on compliance requirements (including Terms of Business Agreements)
• Support ad hoc requests from the Head of Operations Business Partnering & Group Head of Operations

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.