Senior Schemes Delivery Underwriter

Job Type:Permanent Build a brilliant future with Hiscox About Hiscox UKHiscox UK is a leading brand in the insurance market, recognized as setting the standards others try to emulate. We consistently deliver strong growth and exceptional returns, recruiting only the very best and empowering them to deliver. We are known for insuring the homes of the rich and famous through to the most innovative technology companies.

Our customers are diverse and unique and are only united by our ability to provide specialist insurance tailored to their needs.

The role

We have a market leading reputation for producing bespoke solutions for niche customer groups managed by our broker partners, within the wider Schemes team we deliver Schemes (Delegated Authorities and MGA) solutions across the UK retail business.

You’ll work to deliver the underwriting components of new scheme opportunities as well as aiding change across the existing schemes portfolio.  You’ll work with the wider Schemes Team across underwriting, operations, sales and the wider senior leadership team to drive improvement and profitable growth of our schemes portfolio, playing an integral part in realising our ambitions of growing the book in line with our strategy.

You’ll report directly to the Schemes Sector Lead and will have responsibility for ensuring that new schemes align with Hiscox’s appetite and underwriting strategy in the Professions sector. You will drive and shape our selection, growth, underwriting, performance and portfolio management strategy.  You will work closely with the Delivery manager who oversees the delivery process, and will be responsible for ensuring that all scheme governance is followed.

What you’ll be doing :

Deliver the underwriting components of New Schemes and existing scheme projects, including assessment of financial modelling, assessment of exposures, creation/review of underwriting guides, review and creation of wordings

Act as a senior referral point for more complex case underwriting.

Working in conjunction with the wider Schemes Leadership Team you will be responsible and accountable for preparing and delivering profitable growth plans for the sector

Keep abreast of new risks and exposures within our chosen sectors to ensure Hiscox market leading position is maintained.

Working with the Sector lead to help develop new products and propositions and maximise the opportunity within our current/future  portfolios of business

As a senior member of the team take an active role in mentoring  and developing more junior members of the team Working with the Sector lead around shaping and driving the underlying underwriting strategy  and  portfolio of business to deliver our 2030 ambitions

Taking underwriting ownership, relationship management and accountability for some of our key strategic broker partners

Our must-haves:

Ability to make a confident decision in difficult and complex situations

Strong interpersonal skills and ability to work independently in a collaborative environment

Significant underwriting and analytical experienceACII qualification or progression towards

Confident analysing data and reports, making and executing underwriting decisions on portfolios of business

Results driven, ability to make decisions and operate on own initiative

Ability to execute and influence at all levels both internally and externally

Open to new ideas, innovation and educated risk taking

Diversity & Benefits 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…