Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support underwriting for UK Delegated Authority, analysing new and renewal business.
- Company: Join HDI, a global insurer with over 120 years of experience and a diverse workforce.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: Be part of a dynamic team shaping bespoke insurance solutions in niche markets.
- Qualifications: Five years of underwriting experience and strong knowledge of UK commercial insurance required.
- Other info: We value diversity and inclusivity, welcoming applicants from all backgrounds.
The predicted salary is between 43200 - 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. Using our highly developed expertise and wide network reach, we write agency and specialty insurance solutions that are tailored to meet our clients’ needs. Our Delegated Authority partnerships allow MGAs, brokers and entrepreneurs to develop bespoke insurance solutions, that are localised, business ready and catered to niche markets. The team cover multiple lines of business including; Commercial Property, Liability, Commercial Combined and Personal Lines.
The role
To support the UK DA Underwriting Manager in underwriting the UK DA book. To profitably underwrite new and renewal business. To assist in winning new profitable UK DA opportunities for HDI.
Key accountabilities
- To analyse new and renewal business in-depth to ensure it meets underwriting criteria and margin.
- To comply with all relevant underwriting guidelines and procedures at all times.
- To monitor KPI’s and data packs provided by clients on a monthly basis and to arrange and participate in data calls to analyse these.
- To manage and assist in managing the underwriting process in accordance with the appropriate checklists and guides.
- Review and assess wordings and underwriting criteria with Legal & Compliance.
- To set premium forecasts and business plans in agreement with Finance.
Relationship Management
- Build strong and effective relationships within the business, including other underwriters, claims, actuarial and colleagues in Hannover.
- Represent the company externally at client meetings, insurance conferences and broker meetings.
Claims
- To work closely with the Claims team to ensure early identification of issues and solutions to emerging challenges.
Actuarial
- To work closely with the Actuarial team to continuously monitor accounts and to proactively identify problems including the dedicated personal lines actuary.
Project Management
- Participate in DA & branch wide projects as required.
Skills & experience
- At least five years’ of Underwriting experience as an Underwriter/Assistant Underwriter.
- Excellent knowledge of the fundamentals of Commercial Insurance with specific knowledge of the UK market.
- Experience of UK Commercial Insurance and a good understanding of issues and challenges.
- Open to consider candidates from SME to mid-level Commercial experience.
- Good understanding of insurance pricing and underlying principles.
- Experience of working closely with Claims and Actuarial.
- Good knowledge of Microsoft Excel.
- Ability to consistently hit deadlines.
- Ability to effectively manage conflicting priorities.
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.
Underwriter - UK Delegated Authority employer: HDI
Contact Detail:
HDI Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - UK Delegated Authority
✨Tip Number 1
Familiarise yourself with the UK Delegated Authority market. Understanding the specific challenges and opportunities within this niche will help you stand out during discussions and interviews.
✨Tip Number 2
Network with professionals in the insurance industry, especially those involved in underwriting and delegated authority. Attend relevant conferences and events to build connections that could lead to valuable insights or referrals.
✨Tip Number 3
Brush up on your analytical skills, particularly in relation to data analysis and KPI monitoring. Being able to demonstrate your ability to interpret data effectively will be crucial in this role.
✨Tip Number 4
Prepare to discuss your experience with claims and actuarial teams. Highlighting your collaborative approach and how you've successfully navigated these relationships in the past can set you apart from other candidates.
We think you need these skills to ace Underwriter - UK Delegated Authority
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your underwriting experience, particularly in the UK market. Emphasise any specific knowledge of commercial insurance and relevant skills that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with delegated authority partnerships and how you can contribute to winning new profitable opportunities for HDI.
Highlight Relevant Skills: In your application, focus on key skills such as relationship management, data analysis, and project management. Provide examples of how you've successfully managed conflicting priorities and met deadlines in previous roles.
Showcase Your Teamwork: Since the role involves working closely with claims and actuarial teams, include examples of past collaborations. Highlight how you’ve effectively communicated and built relationships within a team setting.
How to prepare for a job interview at HDI
✨Know Your Underwriting Fundamentals
Make sure you brush up on your knowledge of commercial insurance fundamentals, especially in the UK market. Be prepared to discuss specific underwriting criteria and how you would analyse new and renewal business to ensure it meets these standards.
✨Demonstrate Relationship Management Skills
Since building strong relationships is key in this role, think of examples from your past experiences where you've successfully collaborated with underwriters, claims teams, or clients. Highlight your ability to communicate effectively and manage relationships.
✨Showcase Your Analytical Skills
Prepare to discuss how you approach data analysis, particularly in relation to KPIs and data packs. You might be asked to explain how you would monitor these metrics and what steps you would take if issues arise.
✨Familiarise Yourself with Project Management
As project management is part of the role, be ready to talk about any relevant experience you have. Discuss how you manage conflicting priorities and deadlines, and provide examples of projects you've participated in that required coordination across different teams.
