Group Underwriting Performance Analyst
12 month Fixed Term Contract
About the Group Underwriting Performance team
The Group Underwriting Performance team runs the Group CUO office and collaborates 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.
The role
Working for the Group CUO and reporting to the Group Underwriting Performance Lead, this role will support core underwriting reporting as well as own delivery of strategic projects as needed. The aim is to deliver the right visibility to the Group CUO to enable focused 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.
Reasons to work in the team
•Work across the entire Hiscox portfolio, gaining insight into the broader group
•Visibility with Group Exec and engagement with senior stakeholders
•Fast-paced environment with plenty of opportunities to work on topics critical to Hiscox's strategy
•Develop strategic skillset, balancing short- and long-term delivery
•Scope to pursue projects in which candidate has strong interest
•Driven and motivated team, supported by strong mentorship culture
Core skillset
•Insurance knowledge, preferably in at least two or more markets that Hiscox operates in
•Ability to build networks with stakeholders at all levels, including business unit CUOs, that allows constructive challenge and engagement on technical topics
•Ability to own a piece of analysis from detailed modelling through to key "so-what" for the business
•Strong understanding of an insurance P&L
•Calm and effective under pressure
•Highly organised, able to coordinate multiple tasks and activities across teams
•Curious about the business and able to ask the right questions
•Detail-orientated, able to go deep into an area
•Strong Microsoft Office skills, particularly Excel and PowerPoint
•Working knowledge of Power BI or Tableau (advantageous)
•Clear and concise communicator
•Five or more years of experience (as a guide only)
Potential backgrounds
•Pricing analyst who wants broader experience, including non-technical aspects of underwriting
•Underwriter who wants to stretch to strategic and portfolio view
•Finance specialist (may have accounting background) who wants to learn more about underwriting
•Big 4 and/or consulting professional with strong technical insurance background who wants to gain hands-on experience in-house at a leading re/insurer
About Hiscox
As an international specialist insurer, Hiscox is far removed from the world of mass market insurance products. Instead, it is selective and focuses on key areas of expertise and strength, underpinned by a culture that encourages challenging convention and always looking for a better way of doing things.
Hiscox is full of smart, reliable people that look out for customers and each other, believing 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. The business has roots going back to 1901 but remains young in many ways, ambitious and going places.
Diversity and flexible working at Hiscox
Hiscox has 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 managing one's own personal work-life balance.
