Reinsurance Claims Underwriter

Job Type:

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