Overview

Join to apply for the Alternative Risk Senior Underwriter role at Hiscox. London based - Hybrid working.

This role would suit someone who has a proven track record of underwriting, analysis, sales and business development at a senior level and/or experience in analysing portfolios in a Pricing or Actuarial capacity.

The Team/Division

Alternative Risk forms an exciting part of the London Market Division. The portfolio seeks to delegate authority in lines of business that are often not traditional in nature or placement with a creative mindset required to get a deal done. The key to our success is taking calculated risk and building strong relationships across the market to optimise our exposure and result. Expectations are high, but with the opportunity to be a key member of a significant line of business within London Market this is an exciting role. If you like a challenge, have an analytical mindset and work to high standards, this could be the role for you.

Job Type

Permanent

What You’ll Be Doing In The Role

The key to success in this role will be a detailed underwriting approach, strong analytical mindset and unparalleled relationship building skills. You will need to thrive as much on relationship management as underwriting and analytics and be able to demonstrate a skill for working with senior brokers/coverholders as well as an ability to effectively analyse a portfolio. You will also need to be adaptable, agile and knowledgeable when it comes to underwriting. Your underwriting knowledge will allow you to identify the right opportunities and take these from concept to reality. You will also need to be highly capable with data and analytics, able to get to what’s important and find a new way of approaching a problem. We also work closely with our external reinsurance partners, therefore prior experience in dealing with external reinsurance relationships would be advantageous.

Responsibilities

• Analysis and underwriting of binding authority contracts and coverholders in both lead and follow positions, across multiple classes / lines of business on a worldwide basis.
• Lead and develop close relationships with our partner brokers generating profitable opportunities and deals that bring value to the Alternative Risk portfolio.
• Driving the development of our underwriting appetite to help refine the portfolio strategy including analysing new and emerging areas of the market
• Working closely with the pricing actuaries on our coverholders to continuously monitor and control performance as well as refine our underwriting strategy
• Conduct market and industry research and be able to consume large amounts of data across multiple markets and geographies.
• Meetings take place outside of the Lloyd’s building

The Candidate

• A proven track record and strong reputation of underwriting, analysis, sales and business development at a senior level and/or experience in analysing portfolios in a pricing or actuarial capacity
• Technical underwriting ability to analyse a binder and craft it for success
• Multi-class experience would be looked upon favourably
• Excellent relationship management skills and an insatiable drive to make the portfolio highly profitable
• 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.
• Be a driven individual who demonstrates interest and enthusiasm to learn within the role.
• Demonstrate a willingness to travel internationally as required and attend evening business social events as appropriate
• Degree educated or equivalent
• Progress in ACII (or equivalent) examinations or commitment to complete them

About Hiscox

As an international specialist insurer we are selective and focus on our key areas of expertise and strength - underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things. Hiscox is committed to diversity and flexible working where possible. We value smart, reliable people who look out for customers and each other.

You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance).

Additional

Note: This posting excludes boilerplate and non-essential content such as site-specific notifications or unrelated job-pagination text.