Senior Underwriter

Hiscox; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

Hiscox Re is searching for an Underwriter with a passion for delivering results in the London market. The role involves underwriting US accounts, market analysis, and establishing strong relationships with brokers and clients. Candidates should have a minimum of 3 years of underwriting experience and an industry-related certification, with a strong analytical background and familiarity with catastrophe models. Additionally, Hiscox offers a hybrid working model to promote work-life balance.

Qualifications

• Minimum of 3 years underwriting experience, especially in Property Reinsurance.
• Proven track record in building and maintaining client and broker relationships.
• Experience with catastrophe models for risk pricing.

Responsibilities

• Underwrite a portfolio of US accounts.
• Analyze market and target new clients.
• Develop and maintain broker and client relationships.

Skills

Data Analysis

Relationship Management

Analytical Skills

Education

Industry-related certification

Tools

Microsoft Excel

Microsoft Access

Microsoft Word

Catastrophe models (AIR, RMS)

Job description

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Hiscox Re & ILS is the reinsurance and insurance-linked strategy (ILS) business unit within Hiscox Group. Our team of circa 150 curious and collaborative individuals are committed to providing top quality service to brokers, clients, quota share partners and ILS investors through an innovative range of reinsurance products and third-party capital opportunities.

Our focused and discerning underwriting approach is complemented by a commitment to world-class service, and the ability to offer creative solutions to complex solutions to complex problems. We know our people are our biggest asset so finding and retaining top talent is critical for every role. Find out more at www.hiscoxre.com.

The Role:

Hiscox Re is seeking an energetic Underwriter who demonstrates industry experience and passion for delivering results. The incumbent will be analyzing portfolios to assist in making commercial and strategic decisions, developing relationships with brokers and clients, attending client meetings and may need to travel at times.

Key Duties & Responsibilities:

• Underwrite a portfolio of US accounts
• Analyze market and target potential new clients
• Develop and maintain broker and client relationships
• Prepare reinsurance quotes
• Responsible for account/portfolio analysis and planning
• Assist in analyzing quarterly figures and identify reserving levels required
• Other underwriting duties as required
• Possess an industry related certification or progress towards one
• Minimum of 3 years underwriting experience which must include working with Property Reinsurance lines
• Proven track record of building and maintaining relationships with key clients and brokers in London, Bermuda and the US
• Experience using catastrophe models to price risk, such as AIR and RMS
• Proven experience in data analysis, including strong ability with Microsoft Excel, Access and Word
• Advanced and proven analytical and interpersonal skills
• Willingness to work additional hours as required, in or to achieve business objectives
• Knowledge of third party capital utilization and implementation is a benefit
• Intimate understanding of the Lloyd’s market place would be a valuable addition

Diversity & Hybrid Working

At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success.

We have also learned that working life doesn’t always have to be in the office, so we have introduced hybrid working to encourage a healthy work life balance.

This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.

Apply now for further information

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