At a Glance
- Tasks: Deliver exceptional service and drive profitable growth in niche insurance sectors.
- Company: Hiscox UK, a leading brand in the insurance market known for innovation.
- Benefits: Flexible working options, diverse culture, and opportunities for professional development.
- Why this job: Join a dynamic team and shape the future of bespoke insurance solutions.
- Qualifications: 5+ years underwriting experience 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 our Commercial Property Owners, Media, Entertainment and Sport Sector with a focus on Commercial Property Owners.
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.
- Minimum 5+ years of previous underwriting experience.
- 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.
Senior Schemes Underwriter (Commercial Property Owners, Media, Entertainment and Sports) employer: Hiscox
Contact Detail:
Hiscox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Schemes Underwriter (Commercial Property Owners, Media, Entertainment and Sports)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Hiscox and understanding their unique approach to insurance. Familiarise yourself with their schemes and be ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be clear about what you bring to the table and how you can contribute to the growth of their schemes portfolio. Confidence is key, so rehearse your points until they feel natural.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Hiscox team.
We think you need these skills to ace Senior Schemes Underwriter (Commercial Property Owners, Media, Entertainment and Sports)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Schemes Underwriter role. Highlight your underwriting experience, especially in commercial property and niche sectors. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role at Hiscox and how you can contribute to our market-leading reputation. Be genuine and let your personality come through.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've driven profitable growth or improved service in previous roles. We love seeing results and impact!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Hiscox
✨Know Your Stuff
Make sure you brush up on your underwriting knowledge, especially in the Commercial Property Owners, Media, Entertainment, and Sports sectors. Familiarise yourself with current trends, risks, and exposures in these areas so you can speak confidently about how you would approach complex cases.
✨Showcase Your Decision-Making Skills
Prepare examples from your past experience where you've had to make tough decisions in underwriting. Highlight how you navigated complex situations and what the outcomes were. This will demonstrate your ability to handle the responsibilities of the role effectively.
✨Build Rapport with Interviewers
Since strong interpersonal skills are a must-have, practice building rapport during the interview. Engage with your interviewers by asking insightful questions about their experiences at Hiscox and showing genuine interest in their responses. This will help you stand out as a collaborative team player.
✨Be Open to Innovation
Hiscox values new ideas and educated risk-taking. Prepare to discuss how you've embraced innovation in your previous roles. Share specific examples of how you've challenged conventions and contributed to growth strategies, as this aligns perfectly with the company's ambitions.