Job Type:
Permanent
Build a brilliant future with Hiscox
Underwriting Performance Analyst
London based with Hybrid working
The role:
Working for the Group CUO and reporting to the Group Underwriting Performance and Strategy Lead, you will support core underwriting reporting as well as strategic projects. The aim is to deliver the right visibility to the Group CUO to enable focussed conversations on key areas. Ultimately driving constant course correction. The role has a significant business partnering aspect with a need to truly understand what is driving the business result.
About the Group Underwriting Insights team:
The Group Underwriting Insights team runs the Group CUO office and collaborate with key stakeholders to support the delivery of the business plan loss ratio as well as driving strategic priorities for the Group CUO.
This team works closely with the Business Units underwriting management teams and other stakeholders to identify opportunities and risks to the business plan delivery, formulate strategies to close those gaps and support the delivery of the plan. The team works across the entire global portfolio of Hiscox ranging from small personal lines policies through to large catastrophe reinsurance deals.
Reasons to work in the team:
1. Work across the entire Hiscox portfolio, gaining insight into the broader group
2. Visibility with Group Exec and engagement with senior stakeholders
3. Develop strategic skillset, balancing short and long term delivery
4. Scope to pursue projects where candidate has strong interest
What you will be doing:
5. Carry out analysis to understand underwriting performance across the global portfolio
6. Identify underwriting risks and opportunities, and work with stakeholders to deliver appropriate actions that are strategic in nature
7. Work with the underwriting teams to develop new line of business specific analysis, tools and insights to support and enhance their strategy and decision making, including:Portfolio monitoring and optimisationSegmentation and trend analysisTracking exposure adequacy
8. Ensure that data requirements are communicated and delivered, such that analysis can be completed seamlessly without creation of silos, rework and multiple versions of the truth
9. Review and experiment with new methods, techniques and data sources to further enhance analysis and tools
10. Maintain a continual feedback loop with business stakeholders, assisting in the upskilling of underwriting teams to ensure that the maximum value is gained from the output produced
11. Participate in market and other external events to bring in new ideas to Hiscox
Core skillset
12. 3-5 years of experience within Insurance, preferably with knowledge in at least 2 or more markets that Hiscox operates in. Those with less years of experience but with the right level of knowledge will naturally be considered
13. Ability to build networks with stakeholders at all levels, including business unit CUOs, that allows constructive challenge and engagement on technical topics
14. Cool under pressure
15. Highly organised, able to coordinate activity across teams
16. Curious about the business and able to ask the right questions
17. Detail orientated, able to go deep into an area
18. Strong excel skills
19. Concise communicator
20. Can understand an insurance P&L
Example profiles:
21. Pricing analyst who wants broader experience, including non-technical aspects of underwriting
22. Underwriter who wants to stretch to strategic / portfolio view
23. Finance specialist (may have accounting background) who wants to learn more about underwriting
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.
Diversity and Hybrid working
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 have also learned over the past few years that working life doesn’t always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work life balance.
This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.
Apply now for further information
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