Senior Underwriter

Senior Underwriter

Full-Time 48000 - 84000 £ / year (est.) No home office possible
The Hartford

At a Glance

  • Tasks: Underwrite and develop profitable International Upstream business while providing outstanding client service.
  • Company: Dynamic insurance company focused on making a difference in the industry.
  • Benefits: Competitive salary, career growth opportunities, and a supportive team environment.
  • Other info: Mentorship opportunities and a chance to work in a collaborative team.
  • Why this job: Join us to shape the future of insurance and make a real impact.
  • Qualifications: ACII qualified or progressing, with strong underwriting experience and communication skills.

The predicted salary is between 48000 - 84000 £ 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 the Job

To underwrite and develop a profitable International Upstream book. To offer outstanding service to our clients.

Job Responsibilities

  • Use authority granted in Underwriting Authority Statement to execute on the Upstream Energy business plan and assist in producing future business plans.
  • Identify, develop, and secure new business opportunities within key distribution channels across the London Market and global broker networks, strengthening The Hartford’s presence in the Upstream Energy segment.
  • Contribute to underwriting activities related to the renewal portfolio of Upstream Energy business, ensuring disciplined risk selection and portfolio profitability.
  • Participate in the development and implementation of the Upstream Energy marketing strategy, supporting growth objectives in the London Market and internationally.
  • Utilise all available underwriting tools, including technical rating models, exposure assessments, engineering reports, and market benchmarking to support risk-based decision-making.
  • Assist in further development of systems for the monitoring and reporting of aggregate exposures and help further develop and maintain technical pricing models.
  • Support the Head of Energy in growing Upstream Energy portfolio, contributing to underwriting governance and business planning.
  • Assist with travel and marketing initiatives aimed at promoting The Hartford brand to brokers, clients, and other industry partners within the Upstream Energy space.
  • Ensure compliance with The Hartford’s internal best practices as well as Lloyd’s, regulatory, and local market requirements relevant to Energy underwriting.
  • Keep abreast of development of claims within the Upstream Energy book and liaise with the claims team as necessary to ensure appropriate settlement of these claims.
  • Contribute to monthly, quarterly, and annual reporting of underwriting performance and portfolio analytics as required.
  • Help to mentor and educate other team members as required.
  • Participate as required in various committees, including underwriting, delegated underwriting, operations and risk.

Qualifications and Capabilities

  • ACII qualified or strong progression thereto, &/or degree level education.
  • Knowledge of general insurance and its underlying principles.
  • Willingness to continue to develop knowledge of Insurance and related issues through formal and informal learning.
  • 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.

Experience

  • Demonstrable and strong underwriting or broking experience.
  • Ability to demonstrate technical capability, experience and understanding of the Upstream Energy business.
  • Strong market facing/broker development skills, including writing and leading new business.
  • Interpersonal skills and ability to operate independently in a small team.

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 employer: The Hartford

At The Hartford, we pride ourselves on being more than just an insurance provider; we are a community dedicated to making a meaningful impact. As a Senior Underwriter in London, you will thrive in a dynamic work culture that fosters professional growth and collaboration, with ample opportunities to develop your skills and advance your career. Enjoy competitive benefits and the chance to contribute to innovative strategies in the Upstream Energy sector while working alongside passionate professionals committed to excellence.
The Hartford

Contact Detail:

The Hartford Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Underwriter

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that Senior Underwriter role.

✨Ace the Interview

Prepare for your interviews by researching the company and understanding their values. Practice common interview questions and think about how your experience aligns with the job description. We want you to walk in feeling confident and ready to showcase your skills!

✨Follow Up

After your interview, don’t forget to send a thank-you email! It shows your appreciation and keeps you fresh in their minds. We believe a little follow-up can go a long way in making a lasting impression.

✨Apply Through Our Website

Make sure to apply directly through our website for the best chance at landing that job! We’re always looking for passionate individuals like you, and applying directly helps us see your application faster. Let’s get you on board!

We think you need these skills to ace Senior Underwriter

Underwriting Authority
Risk Selection
Portfolio Profitability
Technical Rating Models
Exposure Assessments
Market Benchmarking
Technical Pricing Models
Compliance with Regulatory Requirements
Claims Liaison
Underwriting Performance Reporting
Mentoring and Educating Team Members
Relationship Development
Attention to Detail
Communication Skills
Process Improvement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your underwriting experience and any relevant qualifications, like ACII. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the Upstream Energy sector and how you can contribute to our team. Keep it engaging and personal – we love a good story!

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements in previous roles. Use numbers and examples to demonstrate how you've successfully developed business opportunities or improved processes. We appreciate results!

Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us. Plus, we love seeing applications come through our own channels!

How to prepare for a job interview at The Hartford

✨Know Your Underwriting Stuff

Make sure you brush up on your underwriting knowledge, especially in the Upstream Energy sector. Familiarise yourself with technical rating models and exposure assessments, as these will likely come up during your interview.

✨Showcase Your Relationship Skills

Be ready to discuss how you've developed and maintained relationships with clients and brokers in the past. Think of specific examples where your interpersonal skills made a difference in securing new business or managing existing accounts.

✨Demonstrate Your Analytical Prowess

Prepare to talk about how you've used data and analytics in your previous roles. Highlight any experience you have with portfolio analytics and reporting, as well as how you've contributed to risk-based decision-making.

✨Ask Insightful Questions

Come prepared with questions that show your interest in the company and the role. Inquire about their current strategies in the Upstream Energy market or how they measure success in underwriting. This shows you're not just interested in the job, but also in the company's future.

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