Senior Underwriter

Location

Birmingham, United Kingdom

Job type

Full-Time

Work mode

Hybrid

Job level

Professional

Job ID

11179

Company

HSB

Employment type

Regular

Area of expertise

Claims & Underwriting

All locations Birmingham, United Kingdom; London, United Kingdom; Manchester, United Kingdom;

Hartford Steam Boiler (HSB Group) is part of Munich Re and is a multi-line specialty insurer and provider of inspection, risk management and IoT technology services blending its engineering expertise, technology and data to craft inventive insurance and service solutions for existing and emerging risks posed by technological change. Based in Hartford, Connecticut U.S with affiliates in Canada and the UK and Ireland.

Here in the UK & Ireland we are a leading specialist provider of engineering, technology and structural warranty insurance solutions, plant and equipment inspection services, and engineering-based risk management activities.

HSB (UK and Ireland) consists of the parent company HSB Engineering Insurance Limited (HSBEIL) together with its two UK subsidiaries, HSB Engineering Inspection Services Limited (HSBEISL); and a regulated MGA, MD Insurance Services Limited (MDIS), which trades as Premier Guarantee or LABC Warranty.

Collectively HSB is the UK and Ireland's only group of companies solely focused on providing specialist engineering and technology insurance solutions and risk focused inspection services and assessments to its customers.

Job Purpose:

To support in the active management and development of the cyber product line, with a focus on business development, underwriting support, and strategic execution. This role provides expert class-of-business leadership and acts as a key referral point for underwriting, helping drive profitable growth and product innovation.

Your Role:

Key Responsibilities:

• Act as a key underwriting referral point, providing technical guidance and decision support
• Collaborate closely with business development to assess and shape new opportunities as well as supporting companywide initiatives through collaboration with product governance and other internal teams
• Assist the Product Leader in delivering product strategy and innovation
• Support the development and maintenance of policy wordings, underwriting guides, and pricing tools
• Lead or contribute to technical training initiatives for underwriting teams
• Monitor cyber and IT market developments, emerging risks, and regulatory changes
• Produce and maintain marketing literature aligned with product positioning
• Represent cyber products externally with brokers, clients, and market bodies as well as contribute to proactive communications and technical alerts on cyber events
• Contribute to the ongoing monitoring and refinement of products to maintain fair value and relevance in the market.
• Provide input into lifecycle planning and product interventions based on performance insights and market developments.

Your Profile & Skills:

Essential

• Some knowledge of HSB's product lines and processes
• Class of business expertise
• Financial Analytical skills
• Drafting of policy wordings and associated documentation
• Presentation skills
• Standard Microsoft Office packages
• A sound knowledge and interest on economic, geo-political environment and cyber market, events and trends

Desirable

• Sharepoint experience
• Coaching and mentoring skills
• Familiarity with regulatory frameworks

Qualifications and Educational Requirements:

• Professional Insurance Qualification#

Key Attributes:

• Tenacity and ability to challenge and influence
• Strong communicator, facilitator and presenter
• Collaborative
• Self-motivated
• Confident
• Resilient

At HSB, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.