Underwriter, Insurance

Location: Greater London

Underwriter page is loaded## Underwriter locations:
London time type:
Full time posted on:
Posted Todayjob requisition :
R0018597
** Job Type:
** Permanent
* * Build a brilliant future with Hiscox
**** About the team/division
** Hiscox London Market has an exciting future. In the Property Division our team of underwriters  and analysts focus on Property & Alternative Risk lines written within London Market. Methods of placement range from direct and facultative, shared and layered open market placements, to binders and line slips, both digital and traditional.

Expectations are high, but the team enjoy a well-established, lead market position and have an excellent track record of outperforming our peers – the challenge will be not just to maintain this, but to drive it forward in an ever evolving market place.

We are looking for a senior underwriter to join our Major Property team, historically a significant revenue and profit generator and one of the core short tail lines of business within Hiscox. The team are responsible for the direct and facultative book.

The strategy for the Major Property portfolio is to build upon a profitable, enviable, core book of clients. Dependent on market conditions, we actively manage the size of this portfolio matching our exposures to the current market opportunity.

Success will be measured by progressing from a supporting role into generating revenue, optimising the portfolio and developing new business both through relationships and product development. If you like a challenge and work to high standards, this could be the role for you.
** The Role
**** What you’ll be doing in the role
*** Underwrite, price and negotiate risks submitted via the box or etrading systems
* Lead, develop and maintain relations with brokers, producers and clients.
* Lead underwriting and sales initiatives to grow the portfolio profitably
* Position yourself and Hiscox as the go-to market for Major Property in Lloyd’s
* Marketing and sales of the Hiscox brand and product offerings, pitching our risk appetite and value proposition
* Contribute to the development of our underwriting appetite and help refine the portfolio strategy
* Wordings and contract review.
* Input into account management, portfolio development and business planning process.
* Market / Industry research
* US & International travel to meet clients and brokers
* Coaching and training of more junior colleagues.
** The Candidate
** We are looking for an individual who is highly analytical, driven and detail orientated with a passion for execution. You will need to be articulate and exhibit a track record of good decision making skills, working under pressure and to tight deadlines, with an ability to quickly understand problems and create and implement solutions. Underwriting experience is essential alongside strong broker and client relationships.

** Our must haves
*** A proven track record and strong reputation of underwriting in the Lloyd’s market
* Good mathematical and analytical skills; the team is heavily involved in catastrophe modelling and actuarial analysis and the individual must be willing to embrace and develop this aspect of underwriting
* Excellent sales skills and an insatiable appetite to grow the portfolio profitably
* Decisive in nature, displaying good judgement in decisions and taking accountability
* A great communicator who can work with people at all levels, and are just as comfortable with clients and leaders in the industry as they are with their own team.
* Existing Broker and client relationships
* Degree educated or equivalent
* Progress in ACII examinations or a commitment to complete them
** About Hiscox
** As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We…