At a Glance
- Tasks: Underwrite and develop a diverse global portfolio of professional lines, focusing on Professional Indemnity.
- Company: Join Hamilton, a vibrant and collaborative insurance company with a supportive culture.
- Benefits: Enjoy a dynamic workplace, career growth opportunities, and a culture that values individuality.
- Other info: Be part of a team that values diverse perspectives and empowers each employee.
- Why this job: Develop technical underwriting skills while making impactful connections in the industry.
- Qualifications: Experience in professional lines underwriting and strong negotiation skills required.
The predicted salary is between 58540 - 71548 £ per year.
We're looking for an Underwriter based in London and reporting directly to the Joint head of Professional Lines. The role involves underwriting and development of a diverse global portfolio of professional lines focused on Professional Indemnity. This role presents an excellent opportunity to develop technical underwriting skills and stakeholder management within a specialist portfolio.
What you will do:
- Assess renewal and new business risks and opportunities and apply underwriting guidelines and pricing models to ensure portfolio optimisation.
- Represent the company in client market presentations, 1-1 client meetings, broker meetings, industry events and conferences.
- Build and maintain strong relationships with brokers and clients to maximise new business and renewals opportunity.
- Collaborate with the claims and pricing departments to provide a viable product for our clients.
- Management and ownership of delegated authorities, undertake binder referrals and collaborate with Delegated Underwriting Authority team including timely data for reporting and underwriting control meetings.
- Support junior underwriters through referrals, and technical knowledge guidance.
- Contribute to the development and execution of the Underwriting Strategy.
- Liaise with Finance, Credit Control and Operations to prepare and review data for Lloyd's and other regulatory returns.
What you require for the role:
- Proven experience in professional lines underwriting with a strong understanding of technical underwriting and risk assessment.
- Strong trading and negotiation skills and able to communicate rationale to both brokers and clients.
- Ability to build, develop, and maintain broker and client relationships and build network.
- Strong working knowledge of Microsoft Office (Predominantly Excel, but also Outlook, Word and PowerBI).
- A proactive approach and strong work ethic.
- Customer-focused.
- Proven ability to manage time, meet deadlines and prioritise efficiently.
- Drive and ambition to develop and progress.
What you can expect from us:
At Hamilton, we offer a vibrant, entrepreneurial and collaborative workplace shaped by our values: Be Smart, Be Sensible, Be Open and Be More. Our employees consistently say they would recommend Hamilton as a great place to work - a testament to the inclusive, supportive, and empowering culture we've built together. We embrace individuality, value diverse perspectives, and recognise the unique contribution each person makes to our continued success.
Underwriter, Professional Lines employer: Hamilton
Hamilton is an exceptional employer located in the heart of London, offering a vibrant and collaborative work environment that fosters individual growth and development. With a strong emphasis on inclusivity and empowerment, employees are encouraged to build meaningful relationships and contribute to a diverse global portfolio. The company not only values technical expertise but also provides ample opportunities for professional advancement within a supportive culture, making it a rewarding place to work for those seeking a fulfilling career in underwriting.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter, Professional Lines
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Hamilton). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Hamilton. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriter, Professional Lines
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Hamilton.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hamilton. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Hamilton
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hamilton to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Hamilton, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Hamilton's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
