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, diverse culture, and opportunities for professional development.
- Why this job: Join a dynamic team and shape the future of bespoke insurance solutions.
- Qualifications: Experience in underwriting and strong interpersonal skills required.
- Other info: Collaborative environment with a focus on diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
About Hiscox UK
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.
Job Type: Permanent
The Role
We have a market leading reputation for producing bespoke solutions for niche customer groups managed by our broker partners. Within the wider Schemes team we deliver Schemes solutions across the UK retail business. You’ll work across the existing portfolio of schemes business ensuring that we deliver market leading service across your scheme panel. You’ll work with the wider Schemes Team across underwriting, operations, sales and the wider 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 ambitions. You’ll have responsibility for dealing with the schemes business, dealing not only with underwriting business and servicing our schemes partner brokers, but also 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 the Sector lead and schemes underwriting team, be 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 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 Property & Casualty Sector
Our Must-haves
- Ability to make a confident decision in difficult and complex situations
- Strong interpersonal skills and ability to work independently in a collaborative environment
- Demonstrated experience in underwriting
- ACII qualification or progression towards
- 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. No promises, but 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 (Property & Casualty) employer: Hiscox
Contact Detail:
Hiscox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Schemes Underwriter (Property & Casualty)
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those working at Hiscox. A friendly chat can open doors and give you insights that might just help you land that Schemes Underwriter role.
✨Tip Number 2
Prepare for the interview by brushing up on your underwriting knowledge. Be ready to discuss complex cases and how you’d tackle them. Show us you’re not just a candidate, but a potential sector expert!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email. It shows your enthusiasm and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, you’ll be part of a unique culture that values diversity and innovation—just what we’re looking for in a Schemes Underwriter!
We think you need these skills to ace Schemes Underwriter (Property & Casualty)
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Schemes Underwriter role. Highlight your underwriting experience and how it aligns with Hiscox's focus on bespoke solutions for niche customer groups.
Showcase Your Skills: Don’t just list your qualifications; demonstrate your strong interpersonal skills and decision-making abilities. Use examples from your past experiences that show how you’ve tackled complex situations successfully.
Research Hiscox: Get to know Hiscox and its market position. Mention specific aspects of their approach to insurance in your application to show you’re genuinely interested and understand their values and goals.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves, and you’ll find all the details you need to make your submission stand out!
How to prepare for a job interview at Hiscox
✨Know Your Stuff
Make sure you understand the ins and outs of property and casualty underwriting. Brush up on recent trends, risks, and innovations in the insurance market. This will not only show your expertise but also your genuine interest in the role.
✨Showcase Your Interpersonal Skills
Since this role involves a lot of collaboration with brokers and team members, be ready to demonstrate your strong interpersonal skills. Share examples from your past experiences where you've successfully managed relationships or resolved conflicts.
✨Prepare for Complex Scenarios
Expect to face some tricky questions during the interview. Think about complex underwriting cases you've handled before and be prepared to discuss your decision-making process. Highlight how you approached challenges and what the outcomes were.
✨Embrace Innovation
Hiscox values new ideas and educated risk-taking. Be ready to discuss how you've challenged conventions in your previous roles. Bring examples of innovative strategies you've implemented that led to growth or improved service delivery.