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Insurance Underwriter

2 months ago


London, Greater London, United Kingdom Hiscox Full time

About Hiscox Re & ILS

Hiscox Re & ILS is a leading reinsurance and insurance-linked strategy business unit within Hiscox Group. Our team of experienced professionals is committed to providing top-quality service to brokers, clients, and quota share partners through innovative reinsurance products and third-party capital opportunities.

Our Underwriting Approach

We take a focused and discerning approach to underwriting, combining a commitment to world-class service with the ability to offer creative solutions to complex problems. Our people are our biggest asset, and finding and retaining top talent is critical for every role.

The Role

We are seeking an experienced Underwriter who demonstrates industry expertise and a passion for delivering results. The successful candidate will analyze portfolios to assist in making commercial and strategic decisions, develop relationships with brokers and clients, and attend client meetings.

Key Responsibilities

  • Underwrite a portfolio of US accounts
  • Analyze market trends 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

Requirements

  • Possess an industry-related certification or progress towards one
  • Minimum of 3 years underwriting experience, including 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

We care about our people and are committed to diversity and creating a truly inclusive culture, which we believe drives success. We have introduced hybrid working to encourage a healthy work-life balance, allowing you to manage your own personal work-life balance.