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 and a collaborative culture.
- Benefits: Competitive salary, inclusive environment, 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 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 shaping the future of insurance as we leverage over 120 years of expertise to deliver strategic growth and exceptional service in the London market.
StudySmarter Expert Advice🤫
We think this is how you could land Retail Property Underwriting Lead - UK Market
✨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 you didn’t even know existed.
✨Show Off Your Expertise
When you get the chance to chat with potential employers or during interviews, make sure to highlight your deep knowledge of retail property underwriting. Share specific examples of how you've tackled challenges in the past to demonstrate your skills.
✨Tailor Your Approach
Every company is different, so do your homework! Understand HDI’s values and goals, and tailor your conversations to show how you can contribute to their success. This will make you stand out as a candidate who truly gets what they’re about.
✨Follow Up Like a Boss
After any meeting or interview, don’t forget to send a follow-up message. Thank them for their time and reiterate your enthusiasm for the role. It shows professionalism and keeps you fresh in their minds!
We think you need these skills to ace Retail Property Underwriting Lead - UK Market
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Retail Property Underwriting Lead 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 any specific achievements in underwriting.
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 Stuff
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
Since this role involves team management, prepare to talk about your experience in leading dynamic teams. Think of instances where you've mentored others or implemented training programmes, and be ready to share how you keep your team engaged and motivated.
✨Build Relationships
Highlight your ability to develop and maintain relationships with brokers and clients. Prepare anecdotes that showcase your communication and negotiation skills, as well as how you've collaborated with various stakeholders to achieve business goals.
✨Stay Updated on Industry Trends
Familiarise yourself with the latest 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.