At a Glance
- Tasks: Assist in underwriting Fine Art & Specie, building relationships with brokers and managing risks.
- Company: Join HDI, a global leader in Corporate & Specialty Insurance with over 120 years of experience.
- Benefits: Competitive salary, career development opportunities, and a collaborative work environment.
- Other info: Be part of a diverse team with opportunities for global collaboration and growth.
- Why this job: Make an impact in the art insurance sector while developing your skills in a dynamic team.
- Qualifications: Experience in insurance roles and a passion for Fine Art & Specie is a plus.
The predicted salary is between 60000 - 70000 £ per year.
HDI is a Corporate & Specialty Insurer part of the Talanx Group.
With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.
The role
To assist the Head of Private Clients and the Senior Underwriter develop and administer a profitable book of Fine Art & Specie business.
- Key accountabilities
- Underwrite, review, peer-review, process and service risks in line with the jobholder’s Underwriting Authority, the business plan, and all underwriting rules and guidelines.
- Develop strong, long-term relationships with brokers at all levels to grow a book of profitable business and provide excellent customer service.
- Administration of risks and monitoring / reporting of aggregates and policy / location limits.
- Preparation of reports.
- Support technical accounting to resolve queries and ensure smooth and accurate payment and booking of premiums.
- Monitor the performance of account and suggest appropriate modifications to underwriting guidelines, wordings, clauses and rates.
- Provide information to the claims team and assist claims in delivering key messages to brokers and clients where appropriate.
- Help ensure that market‑leading claims service is at the forefront of our offering to clients and brokers.
- Contribute to the business plan, help establish appetite parameters, underwriting guidelines, pricing and market strategy.
- Participate in special projects and ad hoc reporting as needed. Nurture a culture of strong collaboration with HDI colleagues around the world.
Skills & experience
- Prior experience working within an insurance role such as underwriting, operations, account handling or broking
- Good knowledge of core insurance concepts and terminology
- Knowledge of and enthusiasm for Fine Art & Specie is desirable
- Able to communicate effectively with a range of stakeholders, to build positive working relationships
- Excellent attention to detail
- Educated to degree level or working toward insurance qualifications
- Confident in using Excel, including the use of pivot tables
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Assistant Underwriter - Fine Art & Specie employer: HDI Global SE
HDI is an exceptional employer, offering a dynamic work environment where finance professionals can thrive. With a strong commitment to employee development and a culture that values collaboration and innovation, you will have the opportunity to partner with senior stakeholders and drive meaningful change within the organisation. Located in the UK, HDI provides a unique chance to engage with diverse markets while enjoying the benefits of a supportive and inclusive workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter - Fine Art & Specie
✨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 HDI Global SE). 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 HDI Global SE. 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 Assistant Underwriter - Fine Art & Specie
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 HDI Global SE.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at HDI Global SE. 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 HDI Global SE
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at HDI Global SE 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 HDI Global SE, 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 HDI Global SE'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.
