At a Glance
- Tasks: Lead the UK Retail Property Team and drive strategic growth in the London market.
- Company: Join HDI, a global insurer with over 120 years of experience.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional development.
- Other info: Be part of a diverse workplace that values creativity and innovation.
- Why this job: Shape the future of retail property insurance while mentoring a dynamic team.
- Qualifications: In-depth underwriting knowledge and strong team management skills required.
The predicted salary is between 60000 - 80000 £ 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 of Underwriting Manager is in place to perform a key leadership role for the UK Retail Property Team. Working closely with the Head of London Market Property, you’ll help shape and deliver strategic and business growth for the London account. You’ll apply deep Retail Property expertise across Lead, Follow, Captives and Multinational business.
Key accountabilities- Contribute to setting and delivering the Team and Branch business plans.
- Work collaboratively with business partners (customer, claims, risk consulting, head office, finance, network, policy wordings, compliance and other lines of business) and colleagues to successfully deliver our product and proposition.
- Develop and maintain relationships with key brokers and clients at all relevant levels of their business.
- Underwrite individual risks, responding to insurance proposals, gathering background information, assessing the risk and determining appropriate insurance premiums.
- Ensure all cross-sell opportunities are leveraged, working alongside Distribution and other Lines of Business.
- Support the Head of London Market Property in building a UK team who collaborate and share best practice.
- Supervise, mentor, develop, performance manage and lead Underwriters and Assistant Underwriters. Provide a structured training program based on HDI’s Underwriter Development Pathway, enabling development and career progression.
- Manage day-to-day workload to ensure work is completed within deadlines and that individual workload is within each team members’ capability.
- Represent the Team and actively participate on internal Branch and Head office sponsored forums, committees and projects. Deputise for the Head of London Market Property as and when required.
- Comply with all HDI-UK and Ireland financial policies and manage and control departmental expenditure within agreed budgets.
- Comply with HDI-UK and Ireland branch and Global policies, underwriting guidelines and underwriting authority.
- In-depth knowledge of underwriting a range of Property lines.
- Retail property experience including Lead, Follow, Captives and Multinational business.
- Team management experience, with a track record of managing a dynamic team and maintaining employee engagement.
- Ideally ACII qualified, or equivalent qualifications.
- Excellent communication, interpersonal and influencing skills; confident in negotiation and networking scenarios.
- Ability to formulate and implement underwriting strategy.
- Up to date knowledge of existing insurance laws and legal frameworks and awareness of upcoming changes.
- Understanding of analytics and pricing tools.
- Ability to critically evaluate information from a variety of sources and solve highly complex problems, displaying creativity, innovation and an entrepreneurial approach.
- Ability to organise own workload effectively to meet service standards.
- Ability to work under pressure to deliver to tight deadlines when required.
As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.
Retail Property Underwriting Lead - UK Market in London employer: HDI Global SE
At HDI, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within the UK Retail Property Team. With a strong commitment to employee development through structured training programmes and mentorship, we empower our team members to grow their careers while enjoying the benefits of working in a diverse and inclusive environment. Join us in London, where your expertise will contribute to shaping strategic growth in a global insurance leader with over 120 years of experience.
StudySmarter Expert Advice🤫
We think this is how you could land Retail Property Underwriting Lead - UK Market in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your retail property knowledge and underwriting experience. Share specific examples of how you've tackled challenges in the past – it’ll show them you’re the real deal!
✨Be Ready for the Interview
Prepare for interviews by researching the company and understanding their values and goals. Think about how your skills align with their needs, especially in areas like team management and strategic growth. Confidence is key!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Retail Property Underwriting Lead - UK Market in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Retail Property Underwriting role. Highlight your relevant experience and skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how you can contribute to our team. Keep it concise but impactful, and don’t forget to mention your understanding of the UK market.
Showcase Your Team Management Skills:Since this role involves leading a dynamic team, make sure to highlight your team management experience. Share examples of how you've successfully mentored or developed others in your previous roles. We love seeing leadership in action!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company there!
How to prepare for a job interview at HDI Global SE
✨Know Your Underwriting Inside Out
Make sure you brush up on your knowledge of retail property underwriting, especially in areas like Lead, Follow, Captives, and Multinational business. Be ready to discuss specific examples from your experience that demonstrate your expertise and how you've successfully managed risks.
✨Showcase Your Leadership Skills
As a potential Underwriting Manager, it's crucial to highlight your team management experience. Prepare to share stories about how you've mentored and developed your team, and how you’ve fostered collaboration and engagement within your group.
✨Build Relationships with Brokers
Since relationship-building is key in this role, think of ways to illustrate your ability to connect with brokers and clients. Have examples ready that show how you've maintained strong professional relationships and leveraged them for business growth.
✨Stay Updated on Industry Trends
Demonstrate your awareness of current insurance laws and market trends. Be prepared to discuss how these changes could impact underwriting strategies and how you would adapt to ensure compliance and competitiveness in the market.
