HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.
The role:
- As a Senior Underwriter you will be responsible for evaluating, pricing, and managing cargo insurance risks for clients across various industries.
- Your role will be to engage with clients and brokers across every aspect of the underwriting process, whether renewal business or new opportunities.
- You will have a good technical ability to price business. You will work closely with the portfolio managers to ensure risk appetite is optimised across key areas.
- As a dedicated team player, you will be expected to source new opportunities and utilise your effective communication and relationship building skills to grow the portfolio profitably.
Key accountabilities:
- Actively engage with brokers and clients in the UK & London markets to promote HDI as an insurer of choice, build close and trusted relationships with key broker and client partners and provide excellent service at all times.
- Assess and underwrite complex cargo insurance risks, including marine, air, and land transportation, including developing tailored insurance solutions, and ensuring profitability while maintaining strong client relationships.
- A good understanding of the markets and clients, with the ability to target preferred risks within appetite
- Work collaboratively with business partners (customers, claims, risk consulting, Head Office, finance, network, policy wordings, compliance and other Product Lines) and colleagues to successfully deliver HDI’s product and proposition.
- Review and negotiate insurance proposals, terms, and conditions for complex or high-value accounts
- Monitor portfolio performance and ensure adherence to underwriting guidelines and risk appetite
- Provide mentorship and guidance to junior underwriters, sharing expertise in risk assessment and market trends
- Collaborate with claims and risk management teams to resolve disputes and manage loss ratios
- Prepare reports and presentations on portfolio performance, risk trends, and underwriting strategy
- Comply with HDI-UK & Ireland branch and Global policies, underwriting guidelines and underwriting authority.
Skills & experience:
- Established underwriter with a detailed understanding of Marine Cargo business
- Strong knowledge of cargo insurance products, policy wordings, and international regulations
- Ability to manage complex accounts and multi-line portfolios
- Has a strong knowledge of key brokers and their marketing and placement strategies
- Has up to date knowledge of existing insurance laws and legal frameworks and awareness of upcoming changes
- Good analytical, negotiation, and decision-making skills
- Strong communication and interpersonal skills for client and broker interactions
- Demonstrates curiosity alongside a positive and proactive mindset and a willingness to embrace change.
- Shows innovation and creative problem solving skills.
- Ability to organize own workload effectively to meet service standards.
- Ability to work under pressure to deliver to tight deadlines when required
As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.
If you require support with your application, please contact [email protected]