Job Description

Job Type:
Permanent
Build a brilliant future with Hiscox

About 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 mind set 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.
The successful candidate will complete a team of underwriters working alongside our Pricing, Claims and Ops teams and focussed on maximising the return from our coverholder portfolio. This is your opportunity to become a senior underwriting leader and help drive and shape the account going forward. As a high performing team, we are always looking to challenge ourselves to deliver exceptional underwriting performance and quality.
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.
We don't limit ourselves to a class of business and so you will 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: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 CandidateA proven track record and strong reputation of underwriting, analysis, sales and business development at a senior level. 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 far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.
We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.
Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.
Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.
You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance)
Diversity and flexible working at Hiscox
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 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.
#LI-CM1 Work with amazing people and be part of a unique culture