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Reinsurance Claims Underwriter

Hiscox Ltd London, United Kingdom
Posted 2 days ago Permanent Competitive

Reinsurance Claims Underwriter

Hiscox Ltd London, United Kingdom
Reinsurance Claims Underwriter

Job Type:

Permanent




Build a brilliant future with Hiscox




About Hiscox Re & ILS



Hiscox Re & ILS is the reinsurance and insurance-linked securities business of the Hiscox Group, providing innovative reinsurance and third-party capital solutions.




The Opportunity



Join a high-performing reinsurance claims team responsible for handling complex treaty claims, supporting business initiatives, catastrophe reviews, reserving activities and market relationships.




Technical Skills



  • Reinsurance claims handling and administration



  • Inward treaty reinsurance claims handling



  • Property, Casualty and Specialty Treaty claims knowledge



  • Complex claims management and resolution



  • Coverage analysis and policy interpretation



  • Coverage eligibility assessment



  • Reserving and financial exposure assessment



  • Claims reserving and risk flag management



  • Large loss and catastrophe claims management



  • Catastrophe loss review and analysis



  • Claims investigation and evaluation



  • Claims payment and settlement calculations



  • Authority-based claims decision making and referral management



  • Portfolio and claims trend analysis



  • Reporting, documentation and data interpretation



  • Operational workflow management



  • Proficiency in Microsoft Office (Excel, Word, PowerPoint)




Analytical & Commercial Skills



  • Strong analytical thinking



  • Sound commercial judgement



  • Financial acumen



  • Problem-solving capability



  • Risk assessment and decision-making



  • Exposure evaluation and loss impact assessment



  • Data-driven decision making



  • Portfolio performance analysis



  • Commercial negotiation and settlement assessment



  • Strategic thinking and business awareness



  • Attention to detail



  • Ability to interpret complex information and make recommendations




Relationship & Communication Skills



  • Excellent written communication



  • Strong verbal communication



  • Stakeholder management



  • Broker, client and cedant relationship management



  • Cross-functional collaboration with Underwriting, Actuarial, Finance and Operations



  • Market relationship development



  • Ability to influence and collaborate effectively



  • Technical guidance and knowledge sharing



  • Presentation and reporting skills



  • Ability to communicate complex claims matters clearly



  • Customer-focused approach




Personal Attributes



  • Proactive and self-motivated



  • Strong organisational skills



  • Ability to prioritise competing demands



  • Team player with a collaborative mindset



  • Adaptable and resilient



  • Strong ownership and accountability



  • Continuous improvement mindset



  • Continuous learning mindset



  • Ability to work independently and collaboratively



  • Curiosity and willingness to develop expertise



  • Commitment to exceptional service



  • High levels of professionalism and integrity




Preferred Qualifications & Additional Expertise



  • ACII, CPCU, ARe, AIC or equivalent professional qualification



  • University degree or equivalent experience



  • Knowledge of Letters of Credit (LOCs) and collateral management



  • Experience with Tableau, Power BI or similar analytics tools



  • Experience supporting claims projects and business initiatives



  • Process improvement and operational transformation experience



  • Exposure to catastrophe modelling and large-loss reviews



  • Experience within Lloyd's and international reinsurance markets




Why Join Hiscox?



Hiscox is recognised for underwriting excellence, innovation and empowering talented people to make decisions and build market-leading expertise.




Hybrid Working



This role offers a hybrid working environment balancing office collaboration and remote working.




Career Development



Professional qualifications, mentoring, technical training, leadership development and global market exposure are supported.




Diversity, Equity & Inclusion



Hiscox is committed to an inclusive workplace where diverse perspectives are welcomed and valued.



Work with amazing people and be part of a unique culture

Job ID  R0019949
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