job description:

About Hiscox

Who are we?

Hiscox is an international specialist insurer and reinsurer. We provide market leading products and excellent service to individuals and businesses with unusual and often complicated insurance needs. Listed on the London Stock Exchange and headquartered in Bermuda, we currently have over 3,300 staff across 14 countries and 34 offices. We can trace our roots back to 1901 and have grown organically over time from our beginnings in the Lloyd?s market.

We cover reinsurance and insurance risks that range from marine, terrorism, aerospace, technology, media and professional indemnity through to high value personal insurance, such as homes and contents, fine art, luxury motor, and kidnap and ransom, and are market leaders in many of our chosen areas.

The main underwriting parts of the Group are Hiscox Retail, Hiscox RE & ILS and Hiscox London Market.

The Role

As a subject matter professional in Pricing, this role is responsible for analysing data in order to inform underwriting decisions and strategy. Working with the European Underwriting Management team and country underwriting teams, the role is responsible for delivering analysis that helps the business make better underwriting decisions. Includes active participation in conversations as to how to best deliver our underwriting goals across the business. Working with moderate oversight - following guidelines and supported by senior members of the team

Key responsibilities

• 
  Understand and respond to Hiscox Europe`s pricing needs within set parameters and under guidance
• Support the pricing of large risks, deals or new opportunities
• Work with the underwriting community to build and maintain pricing algorithms
• Produce profitability and exposure studies
• Analyse books of business and suggest optimisation actions
• Analysis conducted ranges from studies on very specific books for the underwriting community, through to outputs that feed into critical processes (such as reserving or reinsurance purchase).
• Work closely with other members of business intelligence team to support the build of new predictive models, ensure accuracy and consistency of pricing / rating measurements as well as development of new measurements

• LI-POST
  

person specification:

• Academic qualifications in Business Management, Finance or Engineering,
• High end Excel competence
• High level of numeric competence and excellent data gathering and manipulation skills
• Strong analytical pragmatic reasoning skills
• An aptitude for innovative problem solving
• Good spread sheet skills and data manipulation
• Good communication skills with ability to articulate the complex
• Business/Customer Focussed
• Deadline oriented
• Hardworking, curious, passionate, enthusiastic and a self-starter
• Comfortable influencing and communicating across a matrix structure

Why Hiscox?

Hiscox offers an environment where you are encouraged to grow with the team and this is an exciting time to be joining this fast growing organisation. There will be plenty of opportunity for on the job career development within a supportive environment.

Diversity and Working Patterns

At Hiscox we care about our people. We hire the best people for the job and we?re committed to diversity and creating a truly inclusive culture, which we believe drives success. We have also learned over the past 15 months that working life doesn?t always have to in the office, and when it?s safe to do so, we will be introducing a hybrid way of working to encourage a healthy work life balance. We see it as the best of both worlds: structure and sociability on one hand, and independence and flexibility on the other.

• LI-POST