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Reinsurance Claims Underwriter

Hiscox Ltd London, United Kingdom
Posted 23 hours 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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