At a Glance
- Tasks: Underwrite diverse Credit and Political Risk submissions and build strong client relationships.
- Company: Join Hiscox, a unique insurer with a culture of creativity and collaboration.
- Benefits: Enjoy hybrid working, competitive salary, and a commitment to diversity.
- Other info: Flexible working environment with opportunities for international travel and social events.
- Why this job: Make an impact in a dynamic team while shaping a new market-leading class.
- Qualifications: Experience in underwriting or broking, strong communication, and organisational skills.
The predicted salary is between 63000 - 77000 £ per year.
Build a brilliant future with Hiscox.
As an international specialist insurer, we are selective and focus on our key areas of expertise and strength, underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things. We insure the unique and the interesting, and we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.
Our Crisis Management Division forms part of the London Market operation at Hiscox and consists of an experienced underwriting team who focus on Terrorism, Kidnap & Ransom, A&H, Recall and now Credit and Political Risk. As a high performing team, we are always looking to challenge ourselves to deliver exceptional underwriting performance and quality.
Our main growth opportunity is in Credit and Political Risks, where we aim to build a scalable, market-leading class that is central to the Hiscox offering. To support this expansion, we are looking for another experienced Credit and Political Risks Underwriter to join the team.
What you’ll be doing in the role:
- Underwriting a wide range of Credit and Political Risk submissions, with an opportunity to develop the new book and help shape it.
- Prioritise high levels of service for both internal and external stakeholders.
- Attend client & broker meetings and represent Hiscox as required.
- Work with internal stakeholders to complete ad-hoc tasks such as compiling reinsurance information, supporting QBRs, reviewing parts of the book.
- Work closely with the pricing actuaries, operational support and exposure management team to ensure achievement of shared goals.
- A proven track record and strong reputation of either underwriting or broking.
- An organised individual who can manage their time effectively.
- Decisive in nature, displaying good judgement in decisions and taking accountability.
- A great communicator, someone who is a team player and who can work with people at all levels, demonstrating natural interpersonal skills.
- Be a driven individual who demonstrates interest and enthusiasm to learn within the role.
- Demonstrate a willingness to travel internationally as required and attend evening business social events as appropriate.
Diversity and flexible working at Hiscox:
At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We understand that working life doesn’t always have to be in the office, so have introduced hybrid working to encourage a healthy work-life balance. We anticipate the successful person for this role will be in the office 3 to 4 days a week. We see it as the best of both worlds: structure and sociability on one hand, and independence and flexibility on the other.
Location: London
Type: Full time
CPRI Underwriter in London employer: Hiscox AG
Hiscox is an exceptional employer that prioritises diversity and inclusivity, fostering a culture where every employee can thrive. With a commitment to hybrid working, employees enjoy the flexibility to balance their professional and personal lives while collaborating with talented teams in a dynamic environment. The company offers robust opportunities for growth and development, ensuring that as a Technical Product Manager, you will play a pivotal role in shaping innovative solutions that drive business success.
StudySmarter Expert Advice🤫
We think this is how you could land CPRI Underwriter in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Hiscox AG). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Hiscox AG. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace CPRI Underwriter in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Hiscox AG.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hiscox AG. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Hiscox AG
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hiscox AG to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Hiscox AG, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Hiscox AG's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.