At a Glance
- Tasks: Join us as a Senior Underwriter, managing risks and developing innovative solutions in the Property division.
- Company: Hiscox is a global specialist insurer known for its unique culture and commitment to diversity.
- Benefits: Enjoy flexible working options, great employee benefits, and a supportive team environment.
- Why this job: Be part of a dynamic team that values creativity, challenges the norm, and focuses on exceptional performance.
- Qualifications: A-level Science or Maths, strong communication skills, and experience in portfolio management are essential.
- Other info: We prioritise integrity and courage, fostering a collaborative atmosphere where everyone can thrive.
The predicted salary is between 43200 - 72000 £ per year.
Senior Underwriter – Property page is loaded
Senior Underwriter – Property
Apply locations UK, London time type Full time posted on Posted 3 Days Ago job requisition id R0017206
Job Type:
Permanent
Build a brilliant future with Hiscox
Hiscox London Market specialises in managing risk and focusing on our key areas of expertise and strength – all of which is 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. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.
About the Property division
Our team of underwriters focus on Property and Special lines across the London Market, ranging from Household, Commercial Property, Flood, Major Property and Alternate Risk. As a high performing, diverse team, we are always looking to challenge ourselves to deliver exceptional underwriting performance and quality.
This is a fantastic opportunity to join the Property Binders team as a Senior Underwriter, contributing to a significant line of business within the London market during favourable trading conditions. You’ll be part of dynamic and established lead market, operating across multiple territories. If you like a challenge and work to high standards, this could be the role for you.
Key responsibilities:
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Underwriting new and existing risk presented to Hiscox
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Management of binding authorities
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Contribute to portfolio management
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Support the development of our products and refinement of our pricing
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Develop new business across the US, Canada and Caribbean
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Support in further development of our underwriting system, control processes and reporting suite
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Conduct market and industry research to develop knowledge
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Have established and well managed broker relationships
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Attend client meetings and events to grow industry knowledge and sell the Hiscox brand
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Contribute to wordings and contract review process
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Support with the account management and business planning
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Experience of portfolio management is essential
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Experience as a lead market is favourable
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A long track record of delegated authority underwriting experience
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Multi-class experience (Homeowners & Commercial and/or others)
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Strong mathematical literacy and interested in technical aspects of underwriting and pricing. A-level Science or Maths as a minimum
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A confident communicator with demonstrable communication skills both oral and written
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A strong track record of working successfully in a team
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Have a good understanding of catastrophe models and their impact in writing single risks or a portfolio of risks
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Have a keen interest in data analytics
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ACII qualification is favourable
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A natural innovator who always looks for a better way to service their customer
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Ability to prioritise work and manage effectively and accurately under pressure, ensuring that deadlines are met
Behavioural traits:
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A winning attitude; hungry for knowledge, never satisfied and a passion for innovation
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A team player; believes in achieving as a team, has empathy for others and approachable even in stressful times
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Adaptable; Always looks for a better way, flexible in style and resilient to change
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 also understand that working life doesn’t always have to be ‘nine to five’ and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.
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Work with amazing people and be part of a unique culture
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If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.
Get in touch
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About us
We’re a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. With 3,000 employees and 32 offices in 12 countries we’re a business with lots of opportunity for people with talent, spark and lots of ambition. If you want to build a great career with a company that prioritises strong values – such as integrity and courage – where our people always pull together to do the right thing for each other and our customers, then we’d love to hear from you.
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Senior Underwriter - Property employer: Hiscox SA
Contact Detail:
Hiscox SA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Property
✨Tip Number 1
Familiarise yourself with the latest trends in the property insurance market. Understanding current challenges and opportunities will help you engage in meaningful conversations during interviews and demonstrate your industry knowledge.
✨Tip Number 2
Network with professionals in the underwriting field, especially those who work in property insurance. Attend industry events or join relevant online forums to build connections that could provide insights or referrals for the role.
✨Tip Number 3
Prepare to discuss your experience with portfolio management and delegated authority underwriting. Be ready to share specific examples of how you've successfully managed risks and contributed to business growth in previous roles.
✨Tip Number 4
Showcase your mathematical literacy and interest in data analytics during discussions. Being able to articulate how you use data to inform underwriting decisions will set you apart as a candidate who can add value to the team.
We think you need these skills to ace Senior Underwriter - Property
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Underwriter position. Tailor your application to highlight relevant experience in underwriting, portfolio management, and broker relationships.
Craft a Strong CV: Your CV should clearly showcase your experience in underwriting, particularly in property and special lines. Include specific examples of your achievements, such as successful portfolio management or innovative solutions you've implemented.
Write a Compelling Cover Letter: In your cover letter, express your passion for the role and the insurance industry. Highlight your mathematical literacy, communication skills, and any relevant qualifications like ACII. Make sure to convey your adaptability and team spirit, which align with Hiscox's values.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any errors. A polished application reflects your attention to detail and professionalism, which are crucial traits for a Senior Underwriter.
How to prepare for a job interview at Hiscox SA
✨Showcase Your Underwriting Expertise
Be prepared to discuss your experience in underwriting, particularly in property and multi-class risks. Highlight specific examples where you've successfully managed risk and contributed to portfolio management.
✨Demonstrate Your Analytical Skills
Since the role requires strong mathematical literacy and an interest in data analytics, be ready to explain how you've used data to inform your underwriting decisions. Discuss any relevant tools or models you are familiar with.
✨Emphasise Team Collaboration
Hiscox values teamwork, so share examples of how you've worked effectively within a team. Talk about your approach to building relationships with colleagues and brokers, and how you contribute to a positive team environment.
✨Prepare for Behavioural Questions
Expect questions that assess your adaptability and innovative thinking. Prepare stories that illustrate your ability to handle pressure, embrace change, and seek better solutions in your work.