Underwriting Manager - Property
Underwriting Manager - Property

Underwriting Manager - Property

Full-Time 60000 - 80000 £ / year (est.) No home office possible
HDI

At a Glance

  • Tasks: Lead the UK Property Team and drive strategic growth in the London market.
  • Company: Join HDI, a global insurer with over 120 years of experience.
  • Benefits: Competitive salary, inclusive culture, 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 insurance while mentoring a dynamic team.
  • Qualifications: In-depth property underwriting knowledge and strong team management skills.

The predicted salary is between 60000 - 80000 £ 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 of Underwriting Manager is in place to perform a key leadership role for the UK 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.

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.

Skills & experience

  • In-depth knowledge of underwriting a range of Property lines.
  • Retail property experience including Lead, Follow, Captives and Multinational business.
  • You’ll apply deep Retail Property expertise across 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.

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

Underwriting Manager - Property employer: HDI

At HDI, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our UK 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. Located in the heart of London, our office provides unique opportunities to engage with key industry players and contribute to meaningful business growth in the insurance sector.
HDI

Contact Detail:

HDI Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Manager - Property

✨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 a CV just can't.

✨Show Off Your Expertise

When you get the chance to chat with potential employers, make sure to highlight your in-depth knowledge of underwriting and property lines. Share specific examples of how you've tackled complex problems or led successful projects in the past.

✨Prepare for the Interview

Do your homework on the company and the role. Understand their business model and recent developments in the insurance market. This will help you tailor your answers and show that you're genuinely interested in being part of their team.

✨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, it shows you’re serious about joining our team at HDI.

We think you need these skills to ace Underwriting Manager - Property

Underwriting Expertise
Property Insurance Knowledge
Team Management
ACII Qualification or Equivalent
Communication Skills
Interpersonal Skills
Negotiation Skills
Networking Skills
Underwriting Strategy Development
Knowledge of Insurance Laws
Analytical Skills
Pricing Tools Understanding
Problem-Solving Skills
Workload Organisation
Ability to Work Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Underwriting Manager role. Highlight your experience in property underwriting and team management, as these are key for us. Use specific examples that showcase your skills and achievements.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention your understanding of the insurance landscape and how you can contribute to our strategic goals.

Showcase Your Leadership Skills: As an Underwriting Manager, leadership is crucial. In your application, emphasise your experience in mentoring and developing teams. We want to see how you've successfully led others and fostered collaboration.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at HDI

✨Know Your Underwriting Inside Out

Make sure you brush up on your knowledge of underwriting, especially in relation to property lines. Be prepared to discuss specific cases or scenarios where you've successfully assessed risks and determined premiums. This will show that you not only understand the theory but can apply it practically.

✨Showcase Your Leadership Skills

As an Underwriting Manager, you'll be leading a team, so it's crucial to highlight your management experience. Prepare examples of how you've mentored or developed team members in the past. Discuss your approach to maintaining employee engagement and how you foster collaboration within a team.

✨Build Relationships with Brokers and Clients

Since relationship-building is key in this role, think of instances where you've successfully developed partnerships with brokers or clients. Be ready to share your strategies for maintaining these relationships and how they contributed to business growth.

✨Stay Updated on Industry Trends

Demonstrate your awareness of current insurance laws and market trends. Research any recent changes in regulations or emerging issues in the property insurance sector. This will show that you're proactive and committed to staying informed, which is essential for strategic decision-making.

Underwriting Manager - Property
HDI

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