At a Glance
- Tasks: Underwrite PMI & IPMI business and develop market capabilities.
- Company: Join HDI UK & Ireland, a leading Specialty and Commercial Lines Insurer.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth.
- Why this job: Be a key player in shaping the future of PMI & IPMI while enhancing your skills.
- Qualifications: Must have experience in PMI & IPMI with strong market connections.
- Other info: We value diversity and are committed to an inclusive workplace.
The predicted salary is between 43200 - 72000 £ per year.
About us
HDI UK & Ireland is a Specialty and Commercial Lines Insurer, part of the Talanx Group.
The role
- To underwrite PMI & IPMI business and develop lead market capabilities in accordance with underwriting guidelines and business plan.
- To externally promote HDI Global Speciality 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 PMI & IPMI business.
Key accountabilities
- Work collaboratively on developing and maintain pricing tools for the PMI & IPMI 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 Underwriting Manager & Head of Accident & Health with strategy, planning and forecasting for the PMI & IPMI portfolios
Relationship Management
- 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 market for PMI & IPMI business and promote HDI externally to clients
- Internally create a network that can support the PMI & IPMI mandate, working with legal, compliance, actuarial and claims to provide the necessary support for these product lines
Process Improvement
- Identify and enhance the quality and value of processes for your area of work
Project Management
- End-to-end project management for functional projects and contribute to any Branch wide projects
Leadership
- Establish themselves as the product specialist for PMI & IPMI especially, 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/direct reports.
- Provide the people within your team with the opportunities, training and experience to expand their knowledge and improve their skills
- Ensure the performance of the team remains at an excellent standard ensuring that:
- Performance objectives are set appropriately
- Performance review forms are submitted to the required standard
- Under performance is actively managed
Risks and Controls
- Design, implement and maintain process controls to ensure the quality of the output for your area/team within the function.
- Ensure documentation of the processes and output is accurate, up-to-date and accessible
Skills & experience
- Recognised market leader in PMI & IPMI business, with a detailed understanding of the product and market
- 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 PMI & IPMI 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
Other
As an equal opportunities employer, we are committed to creating aninclusive 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
#J-18808-Ljbffr
Senior Underwriter - A&H PMI/IPMI employer: HDI
Contact Detail:
HDI Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - A&H PMI/IPMI
✨Tip Number 1
Make sure to showcase your established connections within the PMI & IPMI market. Highlighting your network can demonstrate your ability to access desired business partners and clients, which is crucial for this role.
✨Tip Number 2
Familiarize yourself with the latest trends and innovations in PMI & IPMI. Being able to discuss current market developments and how they could impact underwriting will show your proactive approach and deep understanding of the industry.
✨Tip Number 3
Prepare to discuss your experience in project management, especially in functional projects. This role requires end-to-end project management skills, so being able to provide examples of your past successes will set you apart.
✨Tip Number 4
Emphasize your leadership qualities and your desire to mentor junior team members. This position involves training others, so demonstrating your commitment to team development will resonate well with the hiring managers.
We think you need these skills to ace Senior Underwriter - A&H PMI/IPMI
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Senior Underwriter position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to emphasize your experience in PMI & IPMI business. Include specific examples of your underwriting experience, relationship management, and any relevant project management skills.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your understanding of HDI's market position. Mention how you can contribute to their goals and enhance their brand reputation.
Highlight Leadership Experience: If you have experience mentoring or training others, be sure to include this in your application. Discuss how you've helped develop junior team members and contributed to a high-performance culture.
How to prepare for a job interview at HDI
✨Showcase Your Expertise in PMI & IPMI
Make sure to highlight your deep understanding of the PMI and IPMI markets during the interview. Discuss specific experiences where you successfully underwrote similar business or developed innovative solutions with brokers.
✨Demonstrate Relationship Management Skills
Prepare examples of how you've built and maintained strong relationships with brokers and clients. Emphasize your ability to promote a brand and create a network that supports business opportunities.
✨Discuss Process Improvement Initiatives
Be ready to talk about any past experiences where you identified and enhanced processes in your area of work. Highlight your approach to project management and how you ensure quality outputs.
✨Emphasize Leadership and Mentoring Experience
If you have experience mentoring junior underwriters, share specific instances where you helped them develop their skills. Discuss how you foster a team environment and ensure high performance standards.