At a Glance
- Tasks: Underwrite and negotiate risks while building strong relationships with brokers and clients.
- Company: Join Hiscox, a leading international specialist insurer with a dynamic culture.
- Benefits: Flexible working options, commitment to diversity, and opportunities for professional growth.
- Why this job: Be part of a high-performing team driving innovation in the booming property market.
- Qualifications: Proven underwriting experience in the Lloyd’s market and strong analytical skills.
- Other info: Exciting career development opportunities in a supportive and inclusive environment.
The predicted salary is between 43200 - 72000 £ per year.
Senior Underwriter page is loaded## Senior Underwriterremote type: Hybridlocations: Londontime type: Full timeposted on: Posted Todayjob requisition id: R0018747**Job Type:**Permanent**Build a brilliant future with Hiscox****Job title:** Senior Underwriter/Underwriter – DOE**Reports to:** Head of North America**Location:** London**About Hiscox Re & ILS**We are located in Bermuda and London and underwrite reinsurance risks from around the world on behalf of our own and partner capital. Our team of over 100 smart and enthusiastic individuals are committed to providing top quality service to brokers and clients across a broad range of reinsurance products. We protect our clients\’ assets against natural and man-made disasters, covering everything from earthquake and hurricane damage to cyber events, financial risks and terror attacks around the world. Our approach is simple; match the best underwriting risk against globally diversified capital. Our proactive, product-led underwriting approach is complemented by a commitment to world class service through purpose-built analytics and systems. We know our people are our biggest asset so finding and retaining the best talent is a priority.**About the North American Reinsurance team:** Our team operates across our London and Bermuda platforms, writing a range of Property Treaty reinsurance products for clients in North America. We are a market leader and with this comes the need for product innovation, excellent client and broker service and the ability to deploy meaningful capacity. We strive to create the best tools for analysing the various lines we write to ensure strong returns on capital.Our team has an ambition to build the portfolio going forward, both within and outside our existing areas of expertise. This will require our underwriters to demonstrate an adaptable mindset, strong analytical capabilities, a commercial approach and an entrepreneurial attitude.**The opportunity**The (Senior) Underwriter role presents a significant opportunity to build a career in a top underwriting team. You will help continue to build Hiscox\’s position as a market leader in Property Reinsurance in North America. To do so, you will need a full grasp of the fundamentals and be capable of applying the same irrespective of the nature of the risk before you. Moreover, you will need established links to the broking and underwriting communities which you can nurture to create opportunities for the North American portfolio. The individual should have the intellectual flexibility to take sound and rational decisions on all types of risk.**What we\’re looking for*** A highly regarded (re)insurance professional with 3-7 years\’ experience, preferably in underwriting, broking or cat modelling.* A strategic mindset to enable an active role in setting the direction of the North America portfolio at Hiscox Re for the future.* Evidence of the required technical aptitude to analyse, critique and improve actuarial and catastrophe modelling outputs.* A successful track record of constructing and managing a balanced and diversified portfolio across multiple geographies, clients, brokers and lines of business.* A firm grasp of reinsurance underwriting principles, risk selection, pricing methodologies and treaty structuring for both proportional and non-proportional products.* Familiarity with catastrophe modelling tools (e.g. RMS, AIR and internal bespoke models).* Prior experience working with third party capital would be an advantage.* Proficiency in statistical analysis and comfort working with data analytics platforms (e.g. Excel, SQL, R, Python).* A proven team player.* Strong communicator.*Work with amazing people and be part of a unique culture*locations: Londontime type: Full timeposted on: Posted 5 Days AgoIf you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.#J-18808-Ljbffr
Senior Underwriter employer: Hiscox
Contact Detail:
Hiscox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how you can contribute to their goals. This will help you stand out as a candidate who truly gets what they’re about.
✨Tip Number 3
Showcase your expertise during interviews. Bring examples of your past successes in underwriting and how you've driven revenue growth. This is your chance to shine and prove you’re the right fit for the Major Property team!
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and show your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Senior Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your underwriting experience, especially in the Lloyd’s market, and showcase any relevant achievements that demonstrate your analytical and decision-making skills.
Craft a Compelling Cover Letter: Your cover letter should tell us why you’re the perfect fit for our Major Property team. Share your passion for underwriting and how your previous experiences align with our goals at Hiscox. Don’t forget to mention your existing broker and client relationships!
Showcase Your Analytical Skills: Since we value strong analytical abilities, make sure to include examples of how you've used these skills in past roles. Whether it’s through catastrophe modelling or pricing strategies, let us see your thought process and results.
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 the Hiscox family!
How to prepare for a job interview at Hiscox
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially in the Lloyd's market. Be prepared to discuss your previous experiences and how they relate to the role at Hiscox. Highlight any specific cases where you've successfully underwritten risks or developed client relationships.
✨Showcase Your Analytical Skills
Since the role requires strong analytical abilities, be ready to demonstrate your mathematical skills and experience with catastrophe modelling. You might even want to prepare a few examples of how you've used data to make informed decisions in past roles.
✨Build Rapport with Brokers and Clients
Given the emphasis on relationship-building, think about how you can convey your existing broker and client relationships during the interview. Share stories that illustrate your ability to connect with people and how those connections have led to successful outcomes.
✨Emphasise Your Sales Acumen
This role is all about growing the portfolio profitably, so be prepared to discuss your sales strategies and successes. Think of specific instances where you've driven revenue growth or optimised a portfolio, and be ready to share your approach to pitching products effectively.