At a Glance
- Tasks: Underwrite and develop a profitable book of Marine & Energy Liability business.
- Company: Join a forward-thinking insurance company that values growth and innovation.
- Benefits: Competitive salary, flexible working, and opportunities for professional development.
- Other info: Dynamic team environment with excellent career progression opportunities.
- Why this job: Make a real impact in the insurance industry while building strong relationships.
- Qualifications: Experience in Marine and Energy Liability Underwriting and strong communication skills.
The predicted salary is between 55000 - 65000 £ 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.
Purpose of Job: To underwrite and develop a profitable book of business, as well as developing and maintaining strong relationships, offering a quality service to all brokers and clients within The Hartford, Global Specialty International business.
Job Responsibilities:
- Use authority granted in Underwriting Authority Statement to execute on business plan.
- Provide assistance and technical underwriting support to the Underwriting teams.
- Develop and research business opportunities both through London Market brokers and Hartford International Offices.
- Develop and use technical expertise to enhance profitability of renewals and add profitable new opportunities to the book.
- Keep abreast of development of claims within the book and liaise with the claims team as necessary to ensure appropriate settlement of these claims.
- Ensure compliance with Hartford best practice and policies and Lloyd’s regulations at all times.
- Act in the capacity of a PRA/FCA Approved Person with responsibility for controlled functions and comply at all times with the PRA/FCA Statements of Principle for Approved Persons.
- Assist in further development of systems for the monitoring and reporting of aggregate exposures.
- Help further develop and maintain technical pricing models.
- Help report to management, on a monthly basis, developments in the London market towards business plan and budget.
- Run and produce internal reports and figures.
- Contribute, as required, to the quarterly and annual reporting of underwriting results.
- Participate as required in various committees, including underwriting, delegated underwriting, operations and risk.
Qualifications & 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.
- Demonstrable and relevant experience of Marine and Energy Liability Underwriting.
- Current or recent role in London Market.
This role will be based in London, UK and you are required to have the necessary right to work details prior to application.
Underwriter - Marine & Energy Liability in London employer: The Hartford
At The Hartford, we pride ourselves on being more than just an insurance provider; we are a community dedicated to fostering growth and success for our employees and clients alike. Located in the heart of London, our vibrant work culture encourages collaboration and innovation, offering extensive professional development opportunities and a commitment to excellence in service. Join us to be part of a forward-thinking team that values your contributions and supports your career aspirations in the dynamic field of Marine and Energy Liability underwriting.
StudySmarter Expert Advice🤫
We think this is how you could land 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 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.
