Claims Underwriter

Claims Underwriter

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
Go Premium
H

At a Glance

  • Tasks: Manage a portfolio of Casualty claims and collaborate with underwriters for effective resolution.
  • Company: Hiscox is a global specialist insurer known for its unique approach to insurance and strong company culture.
  • Benefits: Enjoy flexible working options, great employee benefits, and a supportive team environment.
  • Why this job: Join a dynamic team that values creativity, challenges the norm, and focuses on personal growth.
  • Qualifications: Graduate level education, 2-3 years of Casualty claims experience, and strong communication skills required.
  • Other info: Work in a hybrid model, balancing office time with flexibility for independence.

The predicted salary is between 36000 - 60000 £ per year.

The London Market Claims team are driven, diverse and ready for anything. We work closely with our underwriters to ensure that there is a clear, open and transparent relationship with our customers and brokers from the very beginning. We are looking for someone who can be a part of a strong team, maintaining your own portfolio of claims within a financial authority and also working on more complex files.

This role will predominantly handle claims generated from the Casualty account, with a focus on General Liability claims. Experience in D&O would be beneficial. We seek a candidate who can work with our underwriters and the rest of the claims team to define our claims service proposition.

Key Responsibilities
  • To proactively handle a portfolio of Casualty claims from first advice to settlement across both Open Market and Binding Authority placements.
  • Interact with key internal and external stakeholders on claims related matters.
  • Service brokers and clients, providing prompt and efficient claim resolution, within clearly defined authority limits.
  • As appropriate, appoint and manage experts to assist in claim investigation and resolution.
  • Assist in the monitoring of key risk claims and trends by collating data and reports.
  • Provide regular feedback to senior management and underwriters.
  • Contribute to the strategy for the London Markets Claims Team and ensure its successful delivery.
  • Help maintain strong relationships with the London Market Underwriters.
  • Work under the direction and supervision of the Casualty Claims Manager and assist as required in all aspects of Casualty claims adjustment and associated administration reporting.
The ideal Candidate
  • Educated to graduate level or equivalent.
  • ACII qualified or equivalent, or working towards this.
  • A significant level of experience handling Casualty claims, ideally 2-3 years or more and within the London Market.
  • A confident communicator with demonstrable communication skills both oral and written.
  • A willingness to travel.
  • Someone who can analyse complex issues but is also pragmatic, commercial and solution oriented.
  • An ability to use own initiative and confidence in making decisions.
  • Ability to question the norm and seek ‘a better way’.
  • Good mathematical skills and report writing capability.

At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We have also learned that working life doesn’t always have to be in the office. We anticipate the successful candidate for this role will be in the office up to 3 days a week. We see it as the best of both worlds: structure and sociability on one hand, and independence and flexibility on the other.

If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.

We’re a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. With 3,000 employees and 32 offices in 12 countries we’re a business with lots of opportunity for people with talent, spark and lots of ambition. If you want to build a great career with a company that prioritises strong values – such as integrity and courage – where our people always pull together to do the right thing for each other and our customers, then we’d love to hear from you.

Claims Underwriter employer: Hiscox

Hiscox is an exceptional employer that fosters a dynamic and inclusive work culture, encouraging employees to challenge the norm and seek innovative solutions. With a strong focus on employee wellbeing, flexible working arrangements, and opportunities for professional growth, Hiscox offers a unique environment where talented individuals can thrive while contributing to meaningful insurance solutions. Join a team that values integrity, collaboration, and creativity in the heart of London, and be part of a company that is as ambitious as it is supportive.
H

Contact Detail:

Hiscox Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Claims Underwriter

✨Tip Number 1

Familiarise yourself with the London Market and its unique characteristics. Understanding how claims are handled in this environment will give you an edge when discussing your experience and insights during interviews.

✨Tip Number 2

Network with professionals in the insurance industry, particularly those involved in casualty claims. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.

✨Tip Number 3

Stay updated on current trends and challenges in casualty claims, especially regarding General Liability. Being able to discuss recent developments or case studies can demonstrate your proactive approach and genuine interest in the field.

✨Tip Number 4

Prepare to showcase your problem-solving skills by thinking of examples where you've successfully navigated complex claims situations. This will help you illustrate your ability to analyse issues and find practical solutions during the interview process.

We think you need these skills to ace Claims Underwriter

Claims Handling
General Liability Expertise
Communication Skills
Stakeholder Management
Analytical Skills
Problem-Solving Skills
Report Writing
Mathematical Skills
Decision-Making
Team Collaboration
Customer Service Orientation
Attention to Detail
Proactive Approach
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in handling Casualty claims, particularly within the London Market. Emphasise any specific achievements or responsibilities that align with the job description.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company culture at Hiscox. Mention your experience with General Liability claims and how you can contribute to their claims service proposition.

Highlight Communication Skills: Since the role requires strong communication skills, provide examples in your application of how you've effectively communicated with stakeholders in previous roles. This could include managing client relationships or collaborating with underwriters.

Showcase Problem-Solving Abilities: Demonstrate your analytical and solution-oriented mindset by including examples of complex issues you've resolved in past positions. This will show that you can question the norm and seek better ways to handle claims.

How to prepare for a job interview at Hiscox

✨Know Your Claims

Familiarise yourself with the types of Casualty claims, especially General Liability. Be prepared to discuss your previous experiences handling similar claims and how you approached them.

✨Showcase Communication Skills

As a confident communicator, demonstrate your ability to articulate complex issues clearly. Prepare examples of how you've effectively communicated with stakeholders in past roles.

✨Emphasise Team Collaboration

Highlight your experience working within a team, particularly with underwriters and claims teams. Discuss how you’ve contributed to a collaborative environment and resolved conflicts.

✨Demonstrate Problem-Solving Abilities

Be ready to share instances where you've analysed complex issues and found pragmatic solutions. This role requires a solution-oriented mindset, so showcase your ability to think critically and creatively.

Claims Underwriter
Hiscox
Location: London
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

H
  • Claims Underwriter

    London
    Full-Time
    36000 - 60000 £ / year (est.)
  • H

    Hiscox

    1000+
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>