At a Glance
- Tasks: Deliver exceptional service to brokers and drive profitable growth in schemes.
- Company: Hiscox UK, a leading brand in the insurance market known for innovation.
- Benefits: Flexible working options, diverse culture, and opportunities for professional development.
- Why this job: Join a dynamic team and shape the future of bespoke insurance solutions.
- Qualifications: Previous underwriting experience and strong decision-making skills required.
- Other info: Be part of a unique culture with amazing people and career growth potential.
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 will collaborate with the wider Schemes Team across underwriting, operations, sales and the 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 goals.
You will have responsibility for dealing with the schemes business, managing underwriting business and servicing our schemes partner brokers, while also having 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's 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 experience 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. 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 Manchester employer: Hiscox
Contact Detail:
Hiscox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Schemes Underwriter (Professions) in Manchester
✨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 Manchester
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: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about the insurance industry and how your skills can help drive our schemes portfolio. Be genuine and let your personality come through!
Showcase Your Decision-Making Skills: In your application, give examples of how you've made confident decisions in challenging situations. We want to see how you handle complexity and uncertainty, so don’t hold back on those stories!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
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 experiences and how they relate to the role. Familiarise yourself with the latest trends and risks in the industry to show that you're proactive and informed.
✨Showcase Your Interpersonal Skills
Since this role involves a lot of relationship management, be prepared to demonstrate your strong interpersonal skills. Think of examples where you've successfully collaborated with others or influenced decisions. This will help you stand out as someone who can thrive in a team environment.
✨Prepare for Complex Scenarios
Expect to face some challenging questions during the interview. Prepare by thinking through complex underwriting scenarios and how you would approach them. This will not only showcase your analytical skills but also your ability to make confident decisions under pressure.
✨Embrace Innovation and Flexibility
Hiscox values new ideas and flexibility, so come ready to discuss how you can contribute to innovative growth strategies. Share any past experiences where you've challenged convention or taken educated risks, as this aligns perfectly with their culture and ambitions.