Commercial Insurance Underwriter

2 weeks ago


London, United Kingdom Hiscox Full time

Hiscox is one of the oldest Lloyd’s syndicates in the market focusing on providing specialist insurance to international clients. The claims team servicing this syndicate is recognised as one of the best in the London Market. The London Market Claims Team is a dynamic claims team based in London made up of claims underwriters who are empowered to think creatively, challenge the status quo and approach claims with a solutions focused lens. This results in Hiscox being able to provide the type of insurance solutions which are often too complex for other insurance companies.
The successful applicant for this role will be a C laims U nderwriter in the London Market C asualty Claims Team , predominantly handling a busy General Liability portfolio of claims. The Casualty Claims Team sits within the London Market Claims Team, handling Syndicate claims. Adjust and manage, within authority, a portfolio of General Liability claims; and to handle claims outside authority with supervision.
Provide excellent service to brokers and insureds, providing prompt and effective claim resolution, within clearly defined authority limits.
Understand and fulfil Hiscox’s obligations under the Lloyd’s Claims Lead Arrangements .
Identify and refer large or contentious claims appropriately; playing a full part in the overall claims function role of risk management and proper reserving.
Work with underwriters successfully, for example to assist broker meetings (renewals), to help develop products to provide feedback on wordings and claims trends.
Someone who can analyse complex issues but is also pragmatic, commercial and solution orientated.
Either a claims adjuster or lawyer with significant experience working in the London Market (ideally General Liability lines).
Educated to degree level (preferably in law) or of graduate calibre.
Experience of the US legal system, US insurance law and/or insurance community would be highly beneficial.
As an international specialist insurer we are far removed from the world of mass market insurance products. Some people might say insurance is dull, but life at Hiscox is anything but. Diversity and flexible working at Hiscox
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 also understand that working life doesn’t always have to be ‘nine to five’ and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.
#If you want to help build a brilliant future; be part of a unique company culture; We’re a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange.


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