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For Companies At a Glance
- Tasks: Join our team to analyse and manage complex global risks in insurance.
- Company: Hiscox, a leading global insurer committed to empowering early careers.
- Benefits: Competitive salary, 25 days leave, wellbeing support, and professional qualification sponsorship.
- Other info: Diverse and inclusive workplace with excellent career progression opportunities.
- Why this job: Make a real impact from day one while learning from industry leaders.
- Qualifications: 2:1 degree or equivalent, analytical mindset, and strong communication skills.
The predicted salary is between 25000 - 32000 ÂŁ per year.
Start date September 2026
About the Opportunity
At Hiscox, we believe in empowering early careers talent to make a real impact from day one. As a Graduate in the Underwriting Risk & Reinsurance team, you’ll help us understand, model and manage some of the largest and most complex risks facing a global insurer. You’ll gain hands‑on experience across technical, analytical and commercial areas, working closely with senior stakeholders to support key business decisions that shape our risk appetite and long‑term strategy.
The Role
In the Underwriting Risk & Reinsurance team, you will learn how a global insurance business understands, manages and hedges its most significant risks. Working at the centre of the organisation, you’ll partner with senior leadership, underwriting teams and analytics specialists to help answer questions such as: What could go wrong? How big could the impact be? How do we balance risk levels with profitability? You’ll gain real exposure to understanding large‑scale events, modelling scenarios, interpreting data and helping shape the frameworks that support the Group’s decision‑making.
What You’ll Do
Make an Impact- Contribute to meaningful projects that help Hiscox monitor, model and manage major risks.
Rotate through three core areas:
- Exposure Management – Understanding Large & Accumulating Risks
- Learn how losses can build across the business when a single event affects many policies. Support the development of risk models and loss scenarios. Contribute to Hiscox View of Risk, used to communicate major exposures to senior management, Boards and regulators. Work across risk types including:
- Property risks: hurricanes, earthquakes, man‑made catastrophes
- Cyber risks: outages, data breaches, large‑scale disruption
- Casualty risks: liability claims including AI‑related and climate‑related litigation
- See how Hiscox transfers risk by purchasing reinsurance. Support negotiations with brokers and reinsurers. Gain insight into how reinsurance structures work and how commercial decisions are made.
- Work with models and analytical tools that monitor risk and profitability across the Group. See how the organisation balances risk appetite with growth ambitions.
Work closely with Underwriting, Actuarial, Analytics and senior business leaders.
Develop SkillsAccess training through the Hiscox Faculty, LinkedIn Learning, and hands‑on project experience.
Be SupportedReceive guidance from rotation managers, the Early Careers team and a dedicated Grad Buddy.
What We’re Looking For
We welcome applications from all backgrounds. You’ll thrive if you are:
- Curious and eager to understand global risks and how they impact business decisions
- Analytical and comfortable working with data
- Communicative, collaborative and able to explain ideas clearly
- Interested in current affairs, emerging risks and global events
- Open to feedback, proactive and willing to take initiative
- Motivated to contribute to an inclusive and supportive team environment
Requirements
- 2:1 (predicted or obtained) in any degree discipline (UK or international equivalent)
- Fluent business English
- Permission to work in the UK
Our Commitment to Inclusion
We are committed to building a diverse and inclusive workplace where everyone can be themselves and reach their full potential. We encourage applications from all backgrounds and are happy to discuss flexible working arrangements. If you need adjustments to the application process, please let us know.
What We Offer
- Competitive salary and benefits, including 25 days annual leave (plus Hiscox Days), wellbeing support and gym‑subscription reimbursement
- Full sponsorship for professional qualifications through the Chartered Insurance Institute
- A permanent contract from day one, with long‑term progression opportunities
- A global network of peers and colleagues
- Exposure to senior stakeholders and real business decisions
Risk Analyst - Graduate Program 2026 in London employer: Hiscox
Contact Detail:
Hiscox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Analyst - Graduate Program 2026 in London
✨Tip Number 1
Network like a pro! Reach out to current employees at Hiscox on LinkedIn or attend industry events. A friendly chat can give us insights into the company culture and might just land you a referral.
✨Tip Number 2
Prepare for interviews by practising common questions related to risk analysis. We recommend using the STAR method to structure your answers, showcasing your problem-solving skills and analytical mindset.
✨Tip Number 3
Show your passion for the industry! Keep up with current affairs and emerging risks. Being able to discuss recent events will impress interviewers and show that you’re genuinely interested in the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Risk Analyst - Graduate Program 2026 in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Risk Analyst role. Highlight any analytical projects or relevant coursework that showcases your understanding of risk management and data analysis.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and the company. Share specific examples of how your background makes you a great fit for the Underwriting Risk & Reinsurance team.
Showcase Your Curiosity: In your application, demonstrate your curiosity about global risks and current affairs. Mention any relevant news articles or trends that have caught your attention and how they relate to the insurance industry.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s the best way to ensure your application gets the attention it deserves and helps us get to know you better!
How to prepare for a job interview at Hiscox
✨Know Your Risks
Before the interview, brush up on the types of risks mentioned in the job description, like property, cyber, and casualty risks. Being able to discuss these areas confidently will show your understanding of the role and how you can contribute.
✨Data is Your Friend
Since the role involves working with data and analytics, prepare to discuss any relevant experience you have with data analysis tools or modelling. Bring examples of how you've used data to make decisions or solve problems in the past.
✨Show Your Curiosity
Demonstrate your eagerness to learn about global risks and their impact on business decisions. You might want to read up on current events or emerging risks that could affect the insurance industry, so you can engage in meaningful discussions during the interview.
✨Practice Your Communication Skills
As the role requires collaboration with various teams, practice explaining complex ideas clearly and concisely. Consider doing mock interviews with friends or family to refine your ability to communicate effectively and confidently.