Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Design and deliver innovative insurance products for SMEs, driving market growth.
- Company: Join Hiscox, a leading and entrepreneurial brand in the insurance sector.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional development.
- Why this job: Be part of a team that challenges the status quo and drives real innovation.
- Qualifications: Strong analytical skills and a passion for customer-focused product development.
- Other info: Collaborate with experts and make a significant impact in a growing company.
The predicted salary is between 36000 - 60000 £ per year.
Social network you want to login/join with:
Don’t assume you’ll be working for another insurance ‘suit’ at any old insurance firm. Obviously we do ‘do’ insurance but we like to think we are in the category but not of it.
Hiscox UK is a leading brand in the insurance market, recognised as setting the standards others try to emulate. As one of the most entrepreneurial and nimble businesses in the sector, we prefer to focus on those parts of the industry which are more difficult and more unusual. It’s a successful approach and one that’s seen us grow into a highly profitable FTSE 250 business with a brand that is the envy of the industry.
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, as well as the most innovative technology businesses. Our customers are diverse and unique but united by our ability to provide specialist insurance that is right for them, with a service that goes above and beyond.
The Team
At Hiscox we believe our success relies on 3 things: Great People, a Great Brand, Great Underwriting.
The Hiscox brand and proposition has always stood apart from its competitors.
Marketing plays a critical role; driving the brand and customer proposition, making Hiscox stand out from our competitors, and ultimately driving profitable growth. With ambitious plans to expand our business, Hiscox needs ambitious, courageous people with a restless spirit.
The Role
Hiscox UK is looking for a self-starter Propositions Manager who will design and deliver new products, propositions, and sector opportunities for SMEs. This role will understand the market in great depth, to take an ‘outside in’ approach to set the agenda to develop new propositions that will drive material growth. They will challenge the status quo to think of ideas that have not previously been considered, and to drive real innovation in the category.
As a niche insurer, we are selective about the businesses and customers that we insure, taking care to select the right risks for customers so that we can serve our customers to the highest standard. This role is pivotal in taking a customer-focused, ‘outside in’ approach to lead on targeted sector, proposition, and product expansion.
Hiscox has deep specialist underwriting expertise, and historically we have used this underwriting expertise to find and assess proposition growth opportunities. The time is right to bring in a newly formed Propositions team to develop innovative propositions, to drive growth, to bring a stronger customer lens, and an ‘outside in’ approach to our sector, proposition, and product development.
This person will be excited to get stuck in and deliver. They will be as comfortable with inspirational blue sky thinking as they are with data and market analysis. They will be an independent thinker who doesn’t need to wait to be told what to do – they will see an opportunity and work cross-functionally to make it happen. They will build very strong ties across the business, particularly with their Underwriting counterparts, to harness their specialist knowledge, whilst also bringing a fresh, ‘outside in’, customer perspective to give Hiscox a point of difference in the market. They will have both an inherent curiosity and an innovative approach to bring in fresh angles and create innovative propositions, whilst also taking a highly commercial, data-led approach to ensure we achieve profitable growth in the right sectors.
What you’ll be doing
- Analyse the market to inform an ‘outside in’ approach, capitalising on future industry, lifestyle, or professional trends to spot new opportunities.
- Work closely with the underwriting team to assess ‘inside out’ opportunities, bringing in a strong customer lens to optimise existing propositions and products.
- Robustly assess market share within the current sectors that we operate in to spot existing opportunities for growth, both designing a quantitative market sizing approach as well as assimilating existing insight that might exist either within Hiscox already or with our broker partners.
- Lead a data-led approach to size sector opportunities, where we might look to expand to with new or adjacent products to new sectors.
- Inform ‘innovation’ pipeline beyond the policy document to design value-add propositions that set Hiscox apart from its competitors to win in the market.
- Work closely with Customer Insight team to use customer insight in both an expansive and reductive fashion to generate market-leading new propositions.
- Deliver new products and propositions on time and on budget.
#J-18808-Ljbffr
Propositions Manager employer: Hiscox
Contact Detail:
Hiscox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Propositions Manager
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. The more connections you make, the better your chances of landing that Propositions Manager role.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies that highlight your previous successes in product development and market analysis. When you get the chance to chat with potential employers, share these examples to demonstrate how you can bring value to their team.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies you admire, like Hiscox, and express your interest in working with them. Sometimes, creating your own opportunity is the best way to land the job you want.
✨Tip Number 4
Keep learning! Stay updated on industry trends and innovations in insurance. This will not only help you in interviews but also show potential employers that you’re genuinely passionate about the field. Plus, we at StudySmarter have loads of resources to help you brush up on your knowledge!
We think you need these skills to ace Propositions Manager
Some tips for your application 🫡
Show Your Passion for Innovation: When writing your application, let us see your excitement for innovation and creativity. We want to know how you can challenge the status quo and bring fresh ideas to the table, especially in the insurance sector.
Highlight Your Analytical Skills: Make sure to showcase your ability to analyse market trends and data. We’re looking for someone who can take an ‘outside in’ approach, so include examples of how you've used data to inform decisions or identify opportunities.
Emphasise Cross-Functional Collaboration: We value teamwork, so mention any experiences where you've worked across different teams or departments. Show us how you can build strong relationships, particularly with underwriting teams, to drive successful propositions.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Hiscox.
How to prepare for a job interview at Hiscox
✨Know Your Market
Before the interview, dive deep into the insurance market, especially focusing on SMEs. Understand current trends and challenges that Hiscox faces. This will not only show your enthusiasm but also help you discuss how you can contribute to their innovative approach.
✨Showcase Your Analytical Skills
Be prepared to discuss how you would use data to inform product development and market opportunities. Bring examples of past experiences where you've successfully analysed market data to drive growth or innovation. This aligns perfectly with the role's focus on a data-led approach.
✨Emphasise Collaboration
Hiscox values cross-functional teamwork, so highlight your experience working with different departments, especially underwriting. Share specific instances where collaboration led to successful outcomes, demonstrating your ability to build strong ties across the business.
✨Bring Fresh Ideas
Prepare to discuss innovative propositions you've developed in the past or ideas you have for Hiscox. They’re looking for someone who can think outside the box, so don’t hesitate to share your creative solutions and how they could set Hiscox apart from competitors.
