At a Glance
- Tasks: Deliver exceptional service and drive profitable growth in the Schemes team.
- Company: Hiscox UK, a leading brand in the insurance market known for innovation.
- Benefits: Flexible working, diverse culture, and opportunities for professional development.
- Why this job: Join a dynamic team and shape the future of bespoke insurance solutions.
- Qualifications: Experience in underwriting and strong interpersonal skills required.
- Other info: Be part of a unique culture with amazing people.
The predicted salary is between 36000 - 60000 £ per year.
Build a brilliant future with Hiscox.
About Hiscox UK:
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:
We have a market leading reputation for producing bespoke solutions for niche customer groups managed by our broker partners. Within the wider Schemes team we deliver Schemes solutions across the UK retail business. You’ll work 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 the Sector lead and schemes underwriting team, be 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 Property & Casualty Sector.
Our must-haves:
- Ability to make a confident decision in difficult and complex situations.
- Strong interpersonal skills and ability to work independently in a collaborative environment.
- Demonstrated experience in underwriting.
- ACII qualification or progression towards.
- 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 (Property & Casualty) in Colchester employer: Hiscox
Contact Detail:
Hiscox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Schemes Underwriter (Property & Casualty) in Colchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. The more you engage, the better your chances of landing that Schemes Underwriter role.
✨Tip Number 2
Prepare for interviews by researching Hiscox and understanding their unique approach to insurance. Be ready to discuss how your skills can contribute to their bespoke solutions and market-leading service.
✨Tip Number 3
Showcase your decision-making skills! During interviews, share examples of how you've tackled complex situations in underwriting. This will demonstrate your ability to thrive in challenging environments.
✨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 you're genuinely interested in being part of the Hiscox team.
We think you need these skills to ace Schemes Underwriter (Property & Casualty) in Colchester
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Schemes Underwriter role. Highlight your underwriting experience and how it aligns with our goals at Hiscox. We want to see how you can contribute to our market-leading reputation!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that showcase your decision-making abilities and interpersonal skills. We love seeing how you’ve tackled complex situations in the past.
Be Authentic: Let your personality shine through in your application. We value diversity and want to know what makes you unique. Share your ideas and how you approach challenges – we’re all about innovation and fresh perspectives!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our amazing culture at Hiscox!
How to prepare for a job interview at Hiscox
✨Know Your Stuff
Make sure you brush up on your underwriting knowledge, especially in the Property & Casualty sector. Familiarise yourself with current trends and risks that Hiscox faces. This will not only show your expertise but also your genuine interest in the role.
✨Showcase Your Interpersonal Skills
Since this role involves a lot of collaboration with brokers and team members, be prepared to demonstrate your strong interpersonal skills. Think of examples where you've successfully managed relationships or influenced decisions in previous roles.
✨Prepare for Complex Scenarios
Expect to face some tricky questions during the interview. Practice articulating how you would handle complex underwriting situations or make decisions under pressure. This will highlight your problem-solving abilities and confidence.
✨Embrace Innovation
Hiscox values new ideas and educated risk-taking. Be ready to discuss any innovative strategies you've implemented in past roles or how you would approach growth and portfolio management differently. This shows you're aligned with their forward-thinking culture.