At a Glance
- Tasks: Underwrite and grow a profitable Life Sciences portfolio while providing expert advice.
- Company: Join a forward-thinking insurance company that values innovation and teamwork.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Other info: Dynamic team environment with a focus on personal and professional development.
- Why this job: Make a real impact in the Life Sciences sector and shape the future of insurance.
- Qualifications: ACII qualified or degree-level education with relevant underwriting experience.
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.
Role Purpose: To underwrite and grow a profitable International Life Sciences portfolio in line with The Hartford Syndicate business plan across International/Lloyd’s, London, and UK markets. Provide underwriting advice, structure appropriate coverage, and secure business at a competitive premium.
Key Accountabilities:
- Build and maintain an understanding of Life Sciences risks and exposures (e.g., drug manufacturing/API, clinical trials, medical devices/products, and contract research organisations).
- Underwrite the renewal portfolio in line with appetite, authority, and performance targets.
- Help develop and deliver the Life Sciences marketing strategy.
- Use underwriting tools (including rating models and exposure assessments) to support risk selection and pricing decisions.
- Identify, develop, and secure new business through London Market distribution channels and international broker networks.
- Support the Head of International Environmental & Life Sciences in expanding Life Sciences underwriting activity across group offices and Lloyd’s operations.
- Support travel and marketing activity to promote The Hartford brand to new and existing clients and brokers.
- Meet group standards for risk analysis, risk selection, technical pricing, and renewal rate monitoring.
- Ensure compliance with The Hartford best practices and all applicable Lloyd’s and local regulatory requirements.
- Provide monthly management updates on portfolio performance against plans and budgets.
- Monitor claims activity within the Life Sciences portfolio and coordinate with Claims as required to support appropriate outcomes.
- Contribute to monthly, quarterly, and annual underwriting performance reporting, as required.
Qualifications & Capabilities:
- ACII qualified (or working towards), and/or degree-level education.
- Sound knowledge of general insurance and underlying principles.
- Commitment to develop insurance and related knowledge through formal and informal learning.
- Ability to build and maintain effective relationships with internal and external customers.
- Ability to prioritise and organise workload effectively.
- Strong attention to detail.
- Strong teamworking skills, with the ability to work independently when required.
- Flexibility and adaptability.
- Clear written and verbal communication skills.
- Experience identifying and implementing process improvements.
Experience:
- Demonstrable experience of relevant underwriting or broking experience.
- Demonstrated technical capability and understanding of Life Sciences liability and/or E&O exposures, or comparable complex liability/E&O classes.
- Strong market-facing and broker relationship skills, including new business production.
- Strong interpersonal skills and the ability to operate independently within 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 - Life Sciences employer: The Hartford
Contact Detail:
The Hartford Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Life Sciences
✨Tip Number 1
Network like a pro! Get out there and connect with people in the Life Sciences sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to underwriting in Life Sciences and think about how your skills align with their goals. We want you to shine, so practice common interview questions and come armed with examples of your past successes.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. Mention something specific from your conversation to remind them of your fit for the Senior Underwriter position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that Senior Underwriter role!
We think you need these skills to ace Senior Underwriter - Life Sciences
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in Life Sciences 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 underwriting in the Life Sciences 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! Use specific examples of how you've successfully underwritten or secured new business in the past. Numbers and results speak volumes, so let us know what you've accomplished!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at The Hartford
✨Know Your Life Sciences Stuff
Make sure you brush up on the specifics of Life Sciences risks and exposures. Familiarise yourself with areas like drug manufacturing, clinical trials, and medical devices. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Underwriting Skills
Prepare examples from your past experience where you've successfully underwritten complex portfolios. Be ready to explain your thought process behind risk selection and pricing decisions. This will demonstrate your technical capability and understanding of the field.
✨Build Rapport with Interviewers
Remember, it's not just about what you know but also how you connect with others. Practice your interpersonal skills and be prepared to discuss how you've built relationships with brokers or clients in the past. A good fit for the team is just as important as technical skills.
✨Be Ready for Process Improvement Questions
Think about times when you've identified and implemented process improvements in your previous roles. Be specific about the challenges you faced and the outcomes of your actions. This shows your commitment to continuous improvement and adaptability.