At a Glance
- Tasks: Assess risks, build client relationships, and optimise underwriting strategies in a dynamic environment.
- Company: Hamilton, a global leader in specialty insurance with a vibrant and inclusive culture.
- Benefits: Collaborative workplace, career growth opportunities, and a supportive team atmosphere.
- Other info: Join a passionate team that values individuality and diverse perspectives.
- Why this job: Develop your technical skills while making a real impact in the insurance industry.
- Qualifications: Experience in professional lines underwriting and strong communication skills required.
The predicted salary is between 58540 - 71548 £ per year.
We're looking for an Underwriter based in London and reporting directly to the Joint head of Professional Lines. The role involves underwriting and development of a diverse global portfolio of professional lines focused on Professional Indemnity. This role presents an excellent opportunity to develop technical underwriting skills and stakeholder management within a specialist portfolio.
What you will do:
- Assess renewal and new business risks and opportunities and apply underwriting guidelines and pricing models to ensure portfolio optimisation.
- Represent the company in client market presentations, 1-1 client meetings, broker meetings, industry events and conferences.
- Build and maintain strong relationships with brokers and clients to maximise new business and renewals opportunity.
- Collaborate with the claims and pricing departments to provide a viable product for our clients.
- Management and ownership of delegated authorities, undertake binder referrals and collaborate with Delegated Underwriting Authority team including timely data for reporting and underwriting control meetings.
- Support junior underwriters through referrals, and technical knowledge guidance.
- Contribute to the development and execution of the Underwriting Strategy.
- Liaise with Finance, Credit Control and Operations to prepare and review data for Lloyd's and other regulatory returns.
What you require for the role:
- Proven experience in professional lines underwriting with a strong understanding of technical underwriting and risk assessment.
- Strong trading and negotiation skills and able to communicate rationale to both brokers and clients.
- Ability to build, develop, and maintain broker and client relationships and build network.
- Strong working knowledge of Microsoft Office (Predominantly Excel, but also Outlook, Word and PowerBI).
- A proactive approach and strong work ethic.
- Customer-focused.
- Proven ability to manage time, meet deadlines and prioritise efficiently.
- Drive and ambition to develop and progress.
What you can expect from us:
At Hamilton, we offer a vibrant, entrepreneurial and collaborative workplace shaped by our values: Be Smart, Be Sensible, Be Open and Be More. Our employees consistently say they would recommend Hamilton as a great place to work - a testament to the inclusive, supportive, and empowering culture we've built together. We embrace individuality, value diverse perspectives, and recognise the unique contribution each person makes to our continued success.
Underwriter employer: Jobless
At OX Tools, we pride ourselves on fostering a vibrant and supportive team culture that empowers our employees to thrive. As a Product Director, you will not only lead innovative product strategies but also benefit from flexible hybrid working arrangements, generous holiday allowances, and ample opportunities for personal and professional growth within a dynamic global brand. Join us in our relentless pursuit of excellence and be part of a company that values passion, design, and the relentless pursuit of innovation.
StudySmarter Expert Advice🤫
We think this is how you could land 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 Jobless). 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 Jobless. 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 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 Jobless.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Jobless. 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 Jobless
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Jobless 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 Jobless, 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 Jobless'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.
