Schemes Underwriter (Professions) in Colchester
Schemes Underwriter (Professions)

Schemes Underwriter (Professions) in Colchester

Colchester Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Deliver exceptional service and drive profitable growth in the Schemes team.
  • Company: Join Hiscox, a leading brand in the insurance market known for innovation.
  • Benefits: Flexible working, diverse culture, and opportunities for professional development.
  • Why this job: Be part of a unique culture and shape the future of insurance.
  • Qualifications: Previous underwriting experience and strong interpersonal skills required.
  • Other info: Opportunity to develop as a sector expert in a collaborative environment.

The predicted salary is between 36000 - 60000 £ per year.

Build a brilliant future with Hiscox.

Hiscox UK is a leading brand in the insurance market, recognised as setting the standards others try to emulate. We consistently deliver strong growth and exceptional returns, recruiting only the very best and empowering them to deliver. We are known for insuring the homes of the rich and famous through to the most innovative technology companies. Our customers are diverse and unique and are only united by our ability to provide specialist insurance tailored to their needs.

The role involves working across the existing portfolio of schemes business ensuring that we deliver market leading service across your scheme panel. You’ll work with the wider Schemes Team across underwriting, operations, sales and the wider senior leadership team to drive improvement and profitable growth of our schemes portfolio, playing an integral part in realising our ambitions of growing the book in line with our strategic ambitions.

You’ll have responsibility for dealing with the schemes business, dealing not only with underwriting business and servicing our schemes partner brokers, but also the opportunity to help drive and shape our wider underwriting strategy and growth.

What you’ll be doing:

  • Delivering exceptional service to our brokers, dealing with referrals and writing more complex business.
  • In conjunction with Sector lead and schemes underwriting team responsible and accountable for the profitable growth of schemes.
  • Challenge convention on a regular basis, able to suggest and execute effective growth and portfolio underwriting strategies to ensure sustained profitable growth.
  • Keep abreast of new risks and exposures within our chosen sectors to ensure Hiscox market leading position is maintained.
  • Working with the Sector lead around shaping and driving the underlying underwriting strategy and portfolio of business to deliver our ambitions.
  • Taking underwriting ownership, relationship management and accountability for some of our key strategic broker partners.
  • Operating within the Professions Sector.

Our must-haves:

  • Demonstrable previous underwriting in a similar role.
  • Ability to make confident decisions in challenging and complex situations.
  • Strong interpersonal skills and the ability to work independently while thriving in a collaborative environment.
  • ACII qualification or actively working towards it.
  • Comfortable analysing, making and executing underwriting recommendations on complex cases outside of your authority or willing to learn these skills.
  • Interest in developing as a potential sector expert in a specialist area.
  • Able to demonstrate influencing and negotiation skills.
  • Open to new ideas, innovation and educated risk taking.

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. Work with amazing people and be part of a unique culture.

Schemes Underwriter (Professions) in Colchester employer: Hiscox

Hiscox UK is an exceptional employer, renowned for its commitment to diversity and inclusion, fostering a collaborative work culture that empowers employees to excel. With a focus on professional growth, the Schemes Underwriter role offers opportunities to shape underwriting strategies while working alongside industry experts in a dynamic environment. Located in a vibrant area, Hiscox provides flexible working arrangements, ensuring a healthy work-life balance for all team members.
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Contact Detail:

Hiscox Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Schemes Underwriter (Professions) in Colchester

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Hiscox. A friendly chat can sometimes lead to opportunities that aren’t even advertised.

✨Tip Number 2

Prepare for interviews by researching Hiscox’s values and recent projects. Show us you’re not just another candidate; demonstrate how your skills align with our mission of delivering exceptional service and innovative solutions.

✨Tip Number 3

Practice your pitch! Be ready to explain how your previous underwriting experience makes you the perfect fit for the Schemes Underwriter role. Confidence is key, so rehearse your answers to common interview questions.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in being part of the Hiscox team.

We think you need these skills to ace Schemes Underwriter (Professions) in Colchester

Underwriting Skills
Relationship Management
Decision-Making Skills
Interpersonal Skills
Analytical Skills
Negotiation Skills
Influencing Skills
Strategic Thinking
ACII Qualification
Complex Problem Solving
Collaboration Skills
Adaptability
Innovation
Risk Assessment

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Schemes Underwriter role. Highlight your previous underwriting experience and any relevant qualifications, like ACII, to show us you’re a great fit!

Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about the insurance industry and how you can contribute to our team. Be specific about your achievements and how they relate to the responsibilities of the role.

Showcase Your Decision-Making Skills: In your application, give examples of how you've made confident decisions in challenging situations. We want to see your thought process and how you handle complex underwriting cases.

Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!

How to prepare for a job interview at Hiscox

✨Know Your Underwriting Stuff

Make sure you brush up on your underwriting knowledge, especially in the Professions sector. Be ready to discuss your previous experience and how it relates to the role at Hiscox. They’ll want to see that you can handle complex cases and make confident decisions.

✨Show Off Your Interpersonal Skills

Since this role involves a lot of relationship management with broker partners, be prepared to demonstrate your strong interpersonal skills. Think of examples where you've successfully influenced or negotiated in challenging situations, as this will show you can thrive in a collaborative environment.

✨Be Ready to Challenge Convention

Hiscox values innovation and fresh ideas, so come armed with suggestions on how to improve underwriting strategies or service delivery. Show them you’re not afraid to think outside the box and can contribute to their ambitions for profitable growth.

✨Stay Updated on Industry Trends

Keep yourself informed about new risks and exposures in the insurance market. Being able to discuss current trends and how they might impact Hiscox’s position will demonstrate your commitment to the role and your potential as a sector expert.

Schemes Underwriter (Professions) in Colchester
Hiscox
Location: Colchester
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  • Schemes Underwriter (Professions) in Colchester

    Colchester
    Full-Time
    36000 - 60000 £ / year (est.)
  • H

    Hiscox

    1000+
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