Underwriting Apprentice
2 weeks ago
job description:
Hiscox London Market School Leaver Programme
Start your professional career at a leading specialist insurer of global risk
Hiscox London Market insures large and complex risks. From space to renewable energy, from fine art to kidnap & ransom, and many more. Hiscox London Market are far removed from the 'regular' insurance products such as car or travel insurance.
We cover a very broad range of risks and these can have very real social impacts, such as insurance supporting communities to rebuild after a natural disaster, like a hurricane.
In business since 1901, we are one of the most trusted and influential insurance syndicates.Known for our long-term leadership in the market and blend of underwriting expertise, over 60 of the world's 100 largest companies place their trust in Hiscox London Market, knowing they're in a safe pair of hands should the worst happen.
The Underwriting Apprentice pathway
Underwriters are key decision makers in assessing and selecting the risks Hiscox cover.
In this role you'll work with experts including lawyers, data analysts, and marketing professionals to ensure we are ready to support our clients' needs.
This could be anything from an insurance renewal against flooding in North America to evaluating an emerging cyber risk in Asia.
You will start your learning as an Underwriting Apprentice supporting the underwriting teams and partnering with experienced colleagues across the business.
Your first 2 years will focus on building your knowledge of specialist insurance, how the industry works and the underwriting process.
You will also be supported to complete your Level 3 Insurance Practitioner apprenticeship and relevant professional qualification.
After completing your initial apprenticeship training, you will then have the opportunity to progress to an Associate Underwriter position and deepen your knowledge of the risks we insure.
You will be given the tools and support to quickly increase your responsibility and eventually progress to have larger decision making authority as you build your skills and experience.
At a glance, why should you be interested?
- You will be empowered to make a real impact we encourage everyone to think innovatively about how we can do things better and collaborate to make it happen
- No two days are quite the same and you'll learn about evolving risks all over the world
- It's a sociable career with lots of opportunities to build relationships and network
- You'll be supported with excellent opportunities to learn and progress
- You can get involved with activities, groups and networks outside the 'day job' such as our Pride, WeMind (our mental health awareness network) and NextGen networks
How will we support your development?
- Level 3 Insurance Practitioner apprenticeship qualification
- Support to complete professional qualifications (ACII)
- A development plan to support your career ambitions during and after your apprenticeship
- Study leave
- Mentor and buddy schemes
- Exposure to different areas of the business through rotations and secondments
- Access to a library of short courses and online learning materials
person specification:
What are the requirements?
Diversity and Working Patterns
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 over the past few years that working life doesn't always have to be in the office, and now it is safe to do 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.
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