At a Glance
- Tasks: As a Schemes Underwriter, you'll manage broker relationships and develop tailored insurance solutions.
- Company: Hiscox UK is a leading insurance brand known for innovation and exceptional service.
- Benefits: Enjoy flexible working arrangements and a supportive, diverse culture.
- Other info: Be part of a unique culture that values diversity and encourages innovation.
- Why this job: Join a dynamic team, influence growth strategies, and mentor others in a collaborative environment.
- Qualifications: Experience in Schemes underwriting preferred; ACII qualification or progress towards it is a plus.
The predicted salary is between 36000 - 60000 £ per year.
Social network you want to login/join with:
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Client:
Hiscox
Location:
Colchester, United Kingdom
Job Category:
Other
-
EU work permit required:
Yes
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Job Reference:
e2984981a554
Job Views:
5
Posted:
12.08.2025
Expiry Date:
26.09.2025
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Job Description:
Job Type: Permanent
Build a brilliant future with Hiscox
About Hiscox UK
Hiscox UK is a leading brand in the insurance market, recognized for setting industry standards. We deliver strong growth and exceptional returns, recruiting top talent to provide tailored insurance solutions for a diverse clientele, from high-net-worth individuals to innovative tech companies.
The Team
Our Schemes team specializes in creating and managing bespoke insurance solutions, working closely with brokers to develop niche packages and identify new opportunities. They oversee the entire process from concept to implementation, providing ongoing support.
The Role
As a Schemes Underwriter, you will be key to delivering tailored solutions for niche customer groups through our broker partners. You will manage our existing portfolio, collaborate across departments, and contribute to strategic growth initiatives. Your responsibilities include underwriting, servicing broker relationships, and influencing underwriting strategies.
What you’ll be doing:
- Providing excellent service to brokers, managing referrals, and underwriting complex business
- Driving profitable growth of schemes in collaboration with the Sector lead and underwriting team
- Challenging conventions and executing effective growth strategies
- Staying informed about sector risks to maintain market leadership
- Developing new products and propositions with the Sector lead
- Mentoring junior team members
- Shaping underwriting strategy and managing key broker relationships
- Operating within the Consumer sub-sector
Candidate Profile
Our must-haves:
- Decisiveness in complex situations
- Strong interpersonal skills and ability to work independently and collaboratively
- Experience in Schemes underwriting, especially in consumer products, preferred
- ACII qualification or progress towards it preferred
- Willingness to learn underwriting analysis and recommendations
- Interest in developing sector expertise
- Influencing and negotiation skills
- Openness to innovation and risk-taking
Diversity and flexible working at Hiscox
We value diversity and support flexible working arrangements. Please discuss potential flexibility options with our resourcing team.
#LI-NV1
Work with amazing people and be part of a unique culture
#J-18808-LjbffrSchemes Underwriter - Consumer in Colchester employer: Hiscox
Hiscox UK is an exceptional employer, renowned for its commitment to innovation and excellence in the insurance sector. Located in Colchester, the company fosters a collaborative work culture that encourages professional growth and development, offering employees the chance to shape their careers while working alongside talented individuals. With a focus on diversity and flexible working arrangements, Hiscox provides a supportive environment where you can thrive and make a meaningful impact in your role as a Schemes Underwriter.
StudySmarter Expert Advice🤫
We think this is how you could land Schemes Underwriter - Consumer in Colchester
✨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 Underwriter - Consumer in Colchester
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.
