Senior Underwriter - Financial Lines in London
Senior Underwriter - Financial Lines

Senior Underwriter - Financial Lines in London

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Underwrite Financial Lines business and develop market capabilities while collaborating with brokers.
  • Company: Join HDI, a global insurer with over 120 years of experience and a diverse workforce.
  • Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
  • Why this job: Make an impact in the insurance industry while working with trusted partners and innovative projects.
  • Qualifications: Experience in underwriting Financial Lines and strong team collaboration skills.
  • Other info: Dynamic environment with opportunities to mentor junior team members and enhance your career.

The predicted salary is between 48000 - 72000 £ per year.

About us: 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 underwrite Financial Lines business and develop lead market capabilities in accordance with underwriting guidelines and business plan. To externally promote HDI to broking houses, creating a network of supporting brokers providing client opportunities within appetite and also respond and develop new opportunities as they are presented. To consider opportunities to innovate with trusted broker partners and when identified build the business case for sponsorship. To develop the branch capabilities to write profitable Financial Lines business.

Key accountabilities:

  • Work collaboratively on developing and maintain pricing tools for the FI lines of business
  • Underwrite within guidelines and strategy to execute the development of a balanced portfolio
  • Monitor and report back on the balance of the portfolio and any deviation from plan
  • Maintain and interpret management information, provide suggestions on any strategic changes and identification of trends that may affect adversely or positively the account
  • Assist Head of Financial Lines with strategy, planning and forecasting for the Financial Institutions portfolio
  • Promote HDI externally to enhance brand reputation and become a recognised lead market in this sector
  • Develop a trusted broker network to provide business opportunities, establish HDI as a viable primary lead and excess alternative market for FI business and promote HDI externally to clients
  • Internally create a network that can support the FI mandate and business plan, working with legal, compliance, actuarial and claims to provide the necessary support for these product lines
  • Identify and enhance the quality and value of processes for your area of work
  • End to end project management for functional projects and contribute to any Branch wide projects
  • Establish themselves as the product specialist for FI, mentor and train more junior or non-product specific underwriters about the coverage, risk selection and market
  • Identify skills gaps and training requirements of the team
  • Design, implement and maintain process controls to ensure the quality of the output for your area within the function
  • Ensure documentation of the processes and output is accurate, up-to-date and accessible
  • Adhere to all Local and Group guidelines
  • Support all other functional activities as required

Skills & experience:

  • Well established market underwriter with a detailed understanding of the product and market within Financial Lines
  • Understanding of the inputs required to create technical pricing and able to contribute to the development and refinement of underwriting tools
  • Established connections within the Financial Lines market to access the desired business partners and the identified client base
  • Experience in writing to a balanced portfolio and deep understanding of line size management and risk selection
  • Strong team ethic and self-motivating character
  • Desire to aid the development of more junior members of the team and demonstrate best practice
  • Calm and considered judgement even during peak trading periods

We are also open to considering candidates for an Underwriter level position.

Other: 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. If you require support with your application, please contact UK&IRE_Recruitment@hdi.global

Senior Underwriter - Financial Lines 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 in the financial lines sector. Our commitment to employee growth is evident through mentorship opportunities and a supportive environment where you can thrive alongside industry experts. With over 120 years of experience and a global presence, working at our London office not only provides access to a diverse network of professionals but also positions you at the forefront of the insurance market, making a meaningful impact in your career.
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Contact Detail:

HDI Global SE Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Underwriter - Financial Lines in London

✨Network Like a Pro

Get out there and connect with people in the Financial Lines sector. Attend industry events, join online forums, and don’t be shy about reaching out to brokers. Building relationships can open doors to opportunities that aren’t even advertised!

✨Show Off Your Expertise

When you get the chance to chat with potential employers or brokers, make sure to highlight your knowledge of underwriting and market trends. Share insights and ideas on how you can contribute to their success. This will help you stand out as a candidate who’s not just looking for a job, but someone who can add real value.

✨Be Ready to Innovate

Employers love candidates who think outside the box. Come prepared with ideas on how to innovate within the Financial Lines space. Whether it’s new pricing tools or strategies to enhance client relationships, showing that you’re forward-thinking can really impress.

✨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, you’ll find all the latest job openings and updates about HDI. Let’s get you on board!

We think you need these skills to ace Senior Underwriter - Financial Lines in London

Underwriting Financial Lines
Market Knowledge
Technical Pricing
Portfolio Management
Risk Selection
Broker Network Development
Project Management
Process Control Design
Team Leadership
Mentoring and Training
Communication Skills
Analytical Skills
Attention to Detail
Strategic Planning

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in Financial Lines and any relevant connections you've built in the market. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your skills align with our goals at HDI. We love seeing genuine enthusiasm for the role.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've successfully underwritten business or developed broker networks. We’re all about results here at StudySmarter.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Let’s get your journey started!

How to prepare for a job interview at HDI Global SE

✨Know Your Financial Lines Inside Out

Make sure you brush up on your knowledge of Financial Lines products and market trends. Be prepared to discuss specific underwriting guidelines and how they apply to the role. This shows that you’re not just familiar with the basics, but you understand the nuances that can make a difference.

✨Network Like a Pro

Since building a trusted broker network is key, think about how you can demonstrate your existing connections in the Financial Lines market. Bring examples of how you've successfully collaborated with brokers in the past, and be ready to discuss how you would expand this network for HDI.

✨Showcase Your Analytical Skills

Be prepared to talk about your experience with pricing tools and portfolio management. Highlight any specific tools you’ve used and how you’ve contributed to developing or refining them. This will show that you can not only underwrite effectively but also enhance the processes involved.

✨Demonstrate Team Spirit

Since teamwork is crucial, think of examples where you’ve mentored junior underwriters or collaborated with cross-functional teams. Share how you’ve contributed to a positive team environment and helped others grow, as this aligns with HDI’s values and goals.

Senior Underwriter - Financial Lines in London
HDI Global SE
Location: London
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  • Senior Underwriter - Financial Lines in London

    London
    Full-Time
    48000 - 72000 £ / year (est.)
  • H

    HDI Global SE

    1000-5000
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