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Senior Underwriter

Hiscox SA

Greater London

Hybrid

GBP 60,000 - GBP 90,000

Full time

9 days ago

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Job summary

A leading global insurance company is seeking a Senior Underwriter to join their North American Reinsurance team. This role offers an opportunity to shape the future of the property reinsurance portfolio and requires 3-7 years of experience in underwriting or broking. The ideal candidate will possess strong analytical skills, familiarity with catastrophe modelling, and the ability to communicate effectively. This position supports hybrid working in London and emphasizes employee well-being through comprehensive benefits.

Benefits

Great employee benefits
Work-life balance initiatives
Inclusive company culture

Qualifications

  • 3-7 years’ experience in underwriting, broking, or cat modelling.
  • Evidence of technical aptitude to analyse and critique actuarial outputs.
  • Proven track record in managing a diversified portfolio.

Responsibilities

  • Build and manage Hiscox’s position as a market leader in Property Reinsurance.
  • Collaborate with brokers and underwriting communities to create opportunities.
  • Analyze portfolio performance and adjust strategies as needed.

Skills

Reinsurance underwriting
Catastrophe modelling
Data analysis
Portfolio management
Strong communication

Tools

RMS
Excel
SQL
Python
Job description
Senior Underwriter page is loaded## Senior Underwriterremote type: Hybridlocations: Londontime type: Full timeposted on: Posted Todayjob requisition id: R0018747**Job Type:**Permanent**Build a brilliant future with Hiscox****Job title:** Senior Underwriter/Underwriter - DOE**Reports to:** Head of North America**Location:** London**About Hiscox Re & ILS**We are located in Bermuda and London and underwrite reinsurance risks from around the world on behalf of our own and partner capital. Our team of over 100 smart and enthusiastic individuals are committed to providing top quality service to brokers and clients across a broad range of reinsurance products. We protect our clients’ assets against natural and man-made disasters, covering everything from earthquake and hurricane damage to cyber events, financial risks and terror attacks around the world. Our approach is simple; match the best underwriting risk against globally diversified capital. Our proactive, product-led underwriting approach is complemented by a commitment to world class service through purpose-built analytics and systems. We know our people are our biggest asset so finding and retaining the best talent is a priority.**About the North American Reinsurance team:** Our team operates across our London and Bermuda platforms, writing a range of Property Treaty reinsurance products for clients in North America. We are a market leader and with this comes the need for product innovation, excellent client and broker service and the ability to deploy meaningful capacity. We strive to create the best tools for analysing the various lines we write to ensure strong returns on capital.Our team has an ambition to build the portfolio going forward, both within and outside our existing areas of expertise. This will require our underwriters to demonstrate an adaptable mindset, strong analytical capabilities, a commercial approach and an entrepreneurial attitude.**The opportunity**The (Senior) Underwriter role presents a significant opportunity to build a career in a top underwriting team. You will help continue to build Hiscox’s position as a market leader in Property Reinsurance in North America. To do so, you will need a full grasp of the fundamentals and be capable of applying the same irrespective of the nature of the risk before you. Moreover, you will need established links to the broking and underwriting communities which you can nurture to create opportunities for the North American portfolio. The individual should have the intellectual flexibility to take sound and rational decisions on all types of risk.**What we’re looking for*** A highly regarded (re)insurance professional with 3-7 years’ experience, preferably in underwriting, broking or cat modelling.* A strategic mindset to enable an active role in setting the direction of the North America portfolio at Hiscox Re for the future.* Evidence of the required technical aptitude to analyse, critique and improve actuarial and catastrophe modelling outputs.* A successful track record of constructing and managing a balanced and diversified portfolio across multiple geographies, clients, brokers and lines of business.* A firm grasp of reinsurance underwriting principles, risk selection, pricing methodologies and treaty structuring for both proportional and non-proportional products.* Familiarity with catastrophe modelling tools (e.g. RMS, AIR and internal bespoke models).* Prior experience working with third party capital would be an advantage.* Proficiency in statistical analysis and comfort working with data analytics platforms (e.g. Excel, SQL, R, Python).* A proven team player.* Strong communicator.*Work with amazing people and be part of a unique culture*locations: Londontime type: Full timeposted on: Posted 5 Days AgoIf you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.
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