Senior Underwriter

Job Type:

Build a brilliant future with Hiscox
 

About Us:

Hiscox London Market is one of the oldest and most successful Lloyd's syndicates. Our leadership and underwriting expertise make us the leading insurer of global risks. We offer a range of products and services, including property, marine, energy, specialty, casualty, and crisis management. We are committed to embracing risk in an evolving world, designing insurance solutions to meet our clients' ever-changing needs.

Hiscox US General Liability is one of the most significant teams within the US General Liability space in Lloyd’s. It boasts the largest team of underwriters and the most integrated support team of pricing actuaries, claims, and wording resources. Hiscox also has the largest portfolio of US General Liability risks in Lloyd’s.

Our Portfolio:

We write these segments:

• Umbrella insurance for Fortune 1,000 US domiciled companies
• US Freight and Passenger Rail
• US and International Construction
• Alternative risk solutions for large US-based fleets
• Tough products and exposures
• Unique and unusual deals
• Facultative Reinsurance
• Sexual Abuse and Molestation standalone coverage

The Opportunity:

We are seeking a talented Senior Underwriter to join our dynamic underwriting team of eight. The ideal candidate has one of the following backgrounds:

• US Liability
• International General Liability
• UK or Multinational large risk
• Other Casualty experience (such as Medical Malpractice, Product Recall, or Professional Indemnity)
• Facultative Reinsurance background

This role provides an excellent career, knowledge development and leadership opportunity. You will be part of a leading team with one of the widest and most innovative appetites in the market. You will be exposed to a wide variety of US risks that make it into London, both on an insurance and reinsurance basis. You will work in a team of experienced underwriters, in a fast-paced environment, interacting with some of the most innovative Fortune 1,000 companies.

About the Team:

• Line Underwriter: Leads the team with extensive expertise in general liability.
• 4 Senior Underwriters: Each with over 15 years of experience in the industry, bringing a wealth of knowledge and insight.
• 3 Underwriters: With experience ranging from 3 to 8 years, these team members are skilled and eager to innovate.
• The team is supported by dedicated pricing actuaries, wording support, and a large claims management team, ensuring comprehensive support and expertise in all areas.

Key Responsibilities:

1. Risk Evaluation & Technical Underwriting

• Assess complex casualty risks and apply underwriting guidelines and pricing models to ensure profitable risk selection and drive profitable growth

2. Broker & Client Engagement

• Build and maintain strong relationships with brokers and clients to drive new business and renewals.
• Represent the company in market-facing activities, including client presentations, broker meetings, industry events, and at conferences
• Position Hiscox as a go to market for US Liability within Lloyd’s

3. Product & Coverage Development

• Contribute to the development of new products in response to emerging risks and client needs
• Collaborate with wordings specialists and legal teams to tailor policy wordings, especially for manuscript non-standard placements

5. Leadership & Mentorship

• Support junior underwriters through coaching, referrals, and technical guidance.
• Contribute to team development and knowledge sharing

6. Governance & Compliance

• Ensure underwriting decisions comply with internal authority limits and external regulatory requirements.

What We’re Looking For:

• Proven experience in liability, with a strong understanding of underwriting principles and risk assessment
• Excellent trading and negotiation skills, with the ability to clearly communicate complex information to both brokers and clients. 
• Strong ability to build, develop, and maintain broker relationships and network effectively. 
• Proficiency in leveraging data and analytics to identify and manage risks. 
• Strong leadership capabilities, with the ability to mentor and guide junior underwriters. 
• Decisive in nature, displaying good judgement in decisions and taking accountability
• Self-starter with a high level of achievement
• Great organizational skills, with the ability to prioritize and work in a fast-paced environment

Work Environment:

• Office-based for up to 3 days a week
• Requires US travel 1-4 times per year (length of week or less each time)

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.

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Work with amazing people and be part of a unique culture