At a Glance
- Tasks: Underwrite and grow a profitable portfolio in marine and energy liability.
- Company: Dynamic insurance company focused on making a difference.
- Benefits: Competitive salary, career development, and a supportive team environment.
- Other info: Mentorship opportunities and a chance to influence business strategy.
- Why this job: Shape the future of insurance while helping others achieve their goals.
- Qualifications: In-depth technical knowledge and London market experience required.
The predicted salary is between 60000 - 80000 £ per year.
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
Job Purpose: To underwrite and grow a profitable portfolio in line with business plan across International/Lloyd’s, London, and UK markets. Provide underwriting advice, structure appropriate coverage, and secure business at a competitive premium.
Job Responsibilities:
- Use authority granted in Underwriting Authority Statement to execute on the business plan.
- Use technical expertise to enhance profitability of the account and add profitable new opportunities to the book.
- Assist in product development.
- Develop and research business opportunities both through London Market brokers and Hartford International Offices.
- Keep abreast of development of claims within the book and liaise with the claims team as necessary.
- Purchase facultative reinsurance within Hartford guidelines and authorities.
- Play an active role in management reporting of business plans & budgets.
- Play an active role in the business planning process.
- Contribute, as required, to the quarterly and annual reporting of underwriting results.
- Assist in defining and deploying the strategy.
- Maintain & develop key stakeholder relations internally and externally.
- Participate as required in various committees, including underwriting, delegated underwriting, operations and risk.
- Assist in further development of systems for the monitoring and reporting of aggregate exposures.
- Assist in the development and maintenance of technical pricing models.
- Play a role in the mentorship and education of other team members as required.
- Ensure compliance with Hartford best practice and policies and also Lloyd’s regulations at all times.
- Act in the capacity of a PRA/FCA Approved Person with responsibility for controlled functions and as such complying at all times with the PRA/FCA Statements of Principle for Approved Persons.
- Step up for the Portfolio Manager as required.
Qualifications & Competencies:
- To possess an in-depth technical knowledge.
- London market experience.
- Reasonable standard of education.
- Ability to develop and sustain relationships with internal and external customers.
- Ability to prioritise and organise workload.
- Attention to detail.
- Team player with ability to work on a stand-alone basis.
- Flexible.
- Good communication skills.
- Experience of identifying and implementing better processes.
This role will be based in London, UK and you are required to have the necessary right to work details prior to application.
Senior Underwriter - Marine & Energy Liability in London employer: The Hartford
As a leading insurance company, we pride ourselves on fostering a dynamic work environment that empowers our employees to achieve their professional goals while making a meaningful impact in the industry. Located in the heart of London, our culture promotes collaboration, innovation, and continuous learning, offering exceptional growth opportunities and a supportive team atmosphere. Join us to be part of a forward-thinking organisation that values your contributions and encourages you to excel in your career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter - Marine & Energy Liability in London
✨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 The Hartford). 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 The Hartford. 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 Underwriter - Marine & Energy Liability in London
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 The Hartford.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at The Hartford. 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 The Hartford
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at The Hartford 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 The Hartford, 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 The Hartford'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.
