At a Glance
- Tasks: Handle energy claims, mentor junior staff, and collaborate with underwriters.
- Company: Dynamic team at Hiscox, focused on Power and Renewables.
- Benefits: Competitive salary, travel opportunities, and a supportive work environment.
- Other info: Opportunity for career growth and to challenge the status quo.
- Why this job: Join a growing team and make an impact in the energy insurance sector.
- Qualifications: 7+ years in Energy claims with strong communication and analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
About the team / Division
The London Market Claims team are driven, diverse and ready for anything. We work closely with our underwriters to ensure that there is a clear, open and transparent relationship with our customers and brokers from the very beginning.
The Role
This role will predominantly handle claims generated from the Power and Renewables and Upstream Energy account. The Hiscox Energy proposition is growing rapidly both in terms of premium income and leadership footprint. We are seeking a driven candidate who can work with our underwriters and the rest of the claims team to define our claims service proposition. This will include a dynamic client facing role and an ability to work as a joined up team to achieve the united vision.
What you’ll be doing
- Independently handling a portfolio of Power and Renewable and Upstream Energy claims.
- Supporting more junior members of staff from a technical referral and/or mentor perspective.
- Assisting the Claims Manager with regular technical reporting and key stakeholder liaison.
- Participating in the quarterly account review and reserving process.
- Working with underwriters and claims colleagues to add value, build our brand and win and retain business.
- Supporting the Claims Manager in designing and implementing our claims service proposition.
- Travel for settlement meetings, client liaison and conferences.
- Interacting with key internal and external stakeholders on claims related matters.
The ideal Candidate
- A significant level of experience handling Energy claims, ideally 7 years or more within the London Market and at either an insurer, loss adjusting firm or broking house.
- An excellent market reputation and established relationships in the energy insurance industry.
- Excellent people skills.
- A confident communicator with demonstrable communication skills both oral and written.
- A willingness to travel.
- Someone who can analyse complex issues but is also pragmatic, commercial and solution orientated.
- An ability to use own initiative and confidence in making decisions.
- Ability to question the norm and seek ‘a better way’.
- Good mathematical skills and report writing capability.
Senior Claims Underwriter employer: Hiscox
At Hiscox, we pride ourselves on being an exceptional employer, particularly within our London Market Claims team. Our dynamic work culture fosters collaboration and innovation, providing employees with ample opportunities for professional growth and mentorship. With a focus on the Power and Renewables sector, we offer a unique chance to engage with industry leaders while enjoying a supportive environment that values transparency and teamwork.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Underwriter
✨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 Senior Claims Underwriter
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.
