At a Glance
- Tasks: Lead analytics for profitable growth in Schemes and MGA portfolio, shaping performance strategies.
- Company: Hiscox, a leading brand in the insurance market known for innovation.
- Benefits: Flexible working, diverse culture, and opportunities for professional development.
- Other info: Join a collaborative team dedicated to driving success and embracing new ideas.
- Why this job: Make a real impact in a dynamic environment with a focus on data-driven decision making.
- Qualifications: Experience in leadership, analytics, and insurance market; strong data skills required.
The predicted salary is between 60000 - 68231 £ 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 leading the development and delivery of analytics to enable profitable growth of the Hiscox UK Schemes and MGA portfolio, providing data driven insights, modelling, and governance to support active, sustainable portfolio management across delegated authority business. You'll work across the existing portfolio of business as well as analysing new opportunities. You will have responsibility for shaping and delivering our Schemes performance and portfolio management strategy in support of driving improvement and profitable growth to our Schemes and MGA portfolio.
What you'll be doing:
- People Management and Team Development: Manage and develop a team of 3-4 Schemes and MGA analysts. Set and manage the team's priorities in alignment with and to support the wider Schemes and MGA team business objectives. Coach analysts in technical skills, commercial acumen, and stakeholder management.
- New Deal & Existing Scheme/MGA Oversight: Deploy analytical skills to assess new Schemes and MGAs. Provide an independent review and recommendation for senior underwriting management on large existing Schemes and MGAs.
- Active Portfolio Management and Steering: Identify trends and provide insights for recommended performance improvement to deliver performance objectives of our existing Schemes and MGA Portfolio.
- Data, MI & Reporting Leadership: Work with the wider Hiscox UK data teams to identify and assess external datasets, and design and create internal data standards.
Our must-haves:
- Leadership experience managing and developing analytical, pricing or portfolio management teams.
- Experience partnering with senior underwriting, pricing and business stakeholders to shape portfolio strategy.
- Strong insurance market experience with exposure to Schemes, MGAs, Portfolio Management, Pricing or Underwriting Performance Management.
- Proven understanding of portfolio pricing, actuarial reserving and performance management methodologies.
- Excellent communication and stakeholder management skills.
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.
Schemes and MGA Portfolio Lead Analyst employer: Hiscox
Hiscox SA is an excellent employer, offering a dynamic work environment that fosters innovation and collaboration in the field of cyber security. With a hybrid work model, employees enjoy flexibility while benefiting from a comprehensive package that supports their professional growth and well-being. The company prioritises employee development and engagement, making it a rewarding place for those looking to make a meaningful impact in the realm of AI and risk protection.
StudySmarter Expert Advice🤫
We think this is how you could land Schemes and MGA Portfolio Lead Analyst
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Hiscox). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Hiscox. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Schemes and MGA Portfolio Lead Analyst
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Hiscox.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hiscox. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Hiscox
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hiscox to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Hiscox, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Hiscox's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
