At a Glance
- Tasks: Underwrite Financial Lines business and develop market capabilities while promoting HDI.
- Company: Join HDI, a global leader in insurance with over 120 years of experience.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on innovation and career development.
- Why this job: Make an impact in the financial sector and build valuable broker relationships.
- Qualifications: Experience in Financial Lines underwriting and strong team collaboration skills.
The predicted salary is between 43200 - 72000 € 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 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
Other
We are also open to considering candidates for an Underwriter level position.
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&
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Senior Underwriter - Financial Lines in London employer: HDI
At HDI, we pride ourselves on being a leading Corporate & Specialty Insurer with a rich history of over 120 years, offering a dynamic work environment that fosters innovation and collaboration. Our commitment to employee growth is evident through comprehensive training programmes and mentorship opportunities, ensuring that our team members thrive in their careers while contributing to our mission of excellence in the Financial Lines sector. Located in a vibrant area, we promote a culture of inclusivity and support, making HDI an exceptional employer for those seeking meaningful and rewarding employment.
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 relevant online forums, and don’t be shy about reaching out to potential brokers or colleagues 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 hiring managers or during interviews, make sure to highlight your knowledge of underwriting and market trends. Share specific examples of how you've successfully managed portfolios or improved processes in the past. This will show them you’re not just another candidate, but a valuable asset.
✨Be Ready to Innovate
Employers love candidates who think outside the box. Come prepared with ideas on how to enhance their current processes or develop new strategies for underwriting. This shows initiative and that you’re genuinely interested in contributing to their success.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at HDI and are keen to be part of our journey.
We think you need these skills to ace Senior Underwriter - Financial Lines in London
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 achievements that align with the job description. 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 match what we're looking for. Keep it engaging and personal – we love a bit of personality!
Showcase Your Network:Since relationship management is key, mention any established connections within the Financial Lines market. Let us know how you can leverage these relationships to enhance HDI's brand reputation and business opportunities.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on our radar quickly. Don’t miss out on this opportunity!
How to prepare for a job interview at HDI
✨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 strategies and how they align with HDI's goals. This shows that you're not just familiar with the basics, but that you can contribute to their success.
✨Build Your Broker Network
Since relationship management is key for this role, think about how you can demonstrate your existing connections within the Financial Lines market. Share examples of how you've successfully developed broker relationships in the past and how you plan to enhance HDI's network.
✨Showcase Your Project Management Skills
Be ready to talk about your experience with end-to-end project management. Highlight any relevant projects you've led, especially those that improved processes or outcomes in underwriting. This will show that you can handle the functional projects expected in this role.
✨Emphasise Team Development
Since mentoring junior underwriters is part of the job, come prepared with ideas on how you would support team development. Discuss any previous experiences where you've trained others or identified skills gaps, demonstrating your commitment to fostering a strong team ethic.
