At a Glance
- Tasks: Support core underwriting reporting and drive strategic projects for Hiscox.
- Company: Join a leading insurance company with a dynamic and supportive culture.
- Benefits: Competitive salary, mentorship opportunities, and a fast-paced work environment.
- Other info: Opportunity to develop strategic skills and pursue projects of interest.
- Why this job: Gain insights across the global portfolio and engage with senior stakeholders.
- Qualifications: Insurance knowledge and strong analytical skills are essential.
The predicted salary is between 60750 - 74250 £ per year.
Build a brilliant future with Hiscox Group Underwriting Performance Analyst 12 month Fixed Term Contract.
About the Group Underwriting Performance team:
The Group Underwriting Performance team runs the Group CUO office and collaborates with key stakeholders to support the delivery of the business plan loss ratio as well as driving strategic priorities for the Group CUO. This team works closely with the Business Units’ underwriting management teams and other stakeholders to identify opportunities and risks to the business plan delivery, formulate strategies to close those gaps and support the delivery of the plan. The team works across the entire global portfolio of Hiscox ranging from small personal lines policies through to large catastrophe reinsurance deals.
The role:
Working for the Group CUO and reporting to the Group Underwriting Performance Lead, this role will support core underwriting reporting as well as own delivery of strategic projects as needed. The aim is to deliver the right visibility to the Group CUO to enable focused conversations on key areas, ultimately driving constant course correction. The role has a significant business partnering aspect with a need to truly understand what is driving the business result.
Reasons to work in the team:
- Work across the entire Hiscox portfolio, gaining insight into the broader group.
- Visibility with Group Exec and engagement with senior stakeholders.
- Fast-paced environment with plenty of opportunities to work on topics critical to Hiscox’s strategy.
- Develop strategic skillset, balancing short- and long-term delivery.
- Scope to pursue projects in which candidate has strong interest.
- Driven and motivated team, supported by strong mentorship culture.
Core skillset:
- Insurance knowledge, preferably in at least two or more markets that Hiscox operates in.
- Ability to build networks with stakeholders at all levels, including business unit CUOs, that allows constructive challenge and engagement on technical topics.
- Ability to own a piece of analysis from detailed modelling through to key “so-what” for the business.
- Strong understanding of an insurance P structure and sociability on one hand, and independence and flexibility on the other.
Group Underwriting Performance Analyst employer: Hiscox Underwriting Group Services Ltd (HUGS)
Hiscox is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of London or York. With a strong focus on employee growth, we provide ample opportunities for professional development through hands-on experience with cutting-edge AI technologies and a commitment to supporting citizen AI initiatives. Join us to be part of a forward-thinking team that values your contributions and empowers you to make a meaningful impact.
Contact Details:
Hiscox Underwriting Group Services Ltd (HUGS) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Group Underwriting Performance Analyst
✨Tap into Local Agencies
For temporary roles like the one at Hiscox Underwriting Group Services Ltd (HUGS), don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Hiscox Underwriting Group Services Ltd (HUGS) knows you can adapt quickly to their needs!
We think you need these skills to ace Group Underwriting Performance Analyst
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Hiscox Underwriting Group Services Ltd (HUGS)'s eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at Hiscox Underwriting Group Services Ltd (HUGS)
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Hiscox Underwriting Group Services Ltd (HUGS). This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
