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Hiscox

Specialized insurer for high-net-worth risks.

Principal Platform Security Engineer

Full-Time
No salary listed
Senior
London, UK+1 moreMore locations: York, UK
HybridHybrid work is indicated for York, Lisbon, and London.
CybersecuritySecurity Engineering & Architecture

About the job

Requirements
  • At least 5 years of DevOps or Platform Engineering experience delivering solutions in Azure and/or Google Cloud Platform.
  • Experience designing full-stack application and infrastructure solutions with robust security controls, high availability, and operational resilience.
  • Working knowledge of vulnerability and compliance management from scanning through remediation, patch management, endpoint protection and anti-malware, and access control management such as identity and access management and privileged access management.
  • Working knowledge of threat modeling and risk assessment applied to cloud architectures and continuous integration and continuous delivery pipelines.
  • Experience with application security tooling, including continuous integration and continuous delivery integration, tuning to reduce noise, and triaging results with engineers.
  • Experience with Terraform and platform solutions.
  • Experience working on solutions integrating Google Cloud Platform and Azure.
  • Knowledge of cloud-native, microservices, and containerized systems.
  • A strong desire for continuous improvement and an Agile way of working.
Responsibilities
  • Coach and mentor chapter members, and support the Head of Platform Engineering with overall chapter management, particularly across partner resources.
  • Design, implement, and automate security controls and security testing within the software development lifecycle.
  • Lead application security practices, ensuring secure design and build, and coordinate between engineering and security teams.
  • Apply Security-as-Code principles by providing training, creating reusable patterns, and establishing best practices for teams.
  • Support the investigation and future implementation of agentic workflows and agents, ensuring proposed solutions are secure by design and comply with Hiscox AI governance.
  • Respond to new and emerging security threats and vulnerabilities, investigate suspected attacks, and help manage security incidents, including post-incident reviews to identify root causes, implement solutions, and prevent recurrence.
  • Produce clear, actionable security reporting for senior leadership.
  • Act as the primary point of contact for security-related inquiries across London Market technology and change initiatives, coordinating with Group, other Business Units, and Cyber teams to advance security practices across Hiscox.
  • Influence key architectural decisions early, balancing business requirements, budgets, security, and resilience, and partner with squads to take solutions from proof of concept through to a production-ready platform.
  • Build and maintain secure Azure and Google Cloud Platform infrastructure across all environments using Azure DevOps Pipelines and Terraform.
  • Oversee and coach squads on intra-day deployment mechanisms, advocating for cloud-informed improvements that increase security, reliability, and delivery speed.
  • Build and maintain monitoring and alerting at infrastructure, application, and data levels, ensuring actionable signals and secure operational practices.
Desired Qualifications
  • Knowledge of the insurance and London Market ecosystem, particularly Lloyd's market experience.
  • Proven hands-on software delivery experience, including platform engineering and/or build, release, and deployment engineering using modern DevOps practices.
  • Experience delivering and operating technology in regulated environments, with a strong understanding of controls, audit expectations, and evidence-based compliance.
  • Ability to clearly explain the processes, patterns, and tooling used to ensure quality, stability, performance, scalability, secure deployment, maintainability, and effective documentation.
  • Broad awareness of major cloud providers and services, with curiosity to evaluate and adopt capabilities that improve security, reliability, and cost efficiency.
  • A proactive, improvement-focused approach that challenges the status quo and drives automation and simplification where valuable.
  • Strong delivery focus with the ability to prioritize effectively and deliver outcomes in a fast-paced environment with shifting demands.
  • Ability to operate effectively in a small, high-impact team while collaborating across a wider product and engineering organization.
  • Excellent communication and stakeholder-management skills, with the ability to influence at all levels and present complex topics clearly.
  • Comfort working in ambiguity and adapting quickly as priorities, technology, and threats evolve.
  • Up-to-date knowledge of security practices, processes, and tooling, with the judgment to apply emerging approaches pragmatically.

About the company

Hiscox is a specialized insurer that focuses on high-net-worth individuals and complex, niche risks (including fine art, kidnapping, and other unconventional coverages). It underwrites and issues insurance policies through its global operations, built on Lloyd's heritage and expanded after re-domiciling to Bermuda to operate in 13 countries. Its products work by assessing and underwriting tailored insurance contracts for specific, often hard-to-place risks, with coverage and claims handling aligned to the insured’s needs. The company differentiates itself from competitors by concentrating on specialized, hard-to-place risks rather than mass-market insurance, maintaining independence, and leveraging deep underwriting expertise and a global footprint. Its goal is to grow as a focused, independent specialist insurer that serves ambitious clients worldwide and expands its geographic reach and capabilities.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1901

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Simplify's Take

What believers are saying

  • H1 2026 premiums rose 10.1% to $3.24 billion, with all segments growing.
  • Retail constant-currency growth guidance rose to 9% after 8.2% first-half growth.
  • £300 million buyback and 16.7% dividend increase signal strong capital generation.

What critics are saying

  • H1 2026 booked £60 million Middle East conflict losses; London Market combined ratio worsened.
  • Softer reinsurance pricing and 16% rate declines squeeze Hiscox Re margins in 2026.
  • War, kidnap, and political violence exposure creates existential tail risk if conflicts widen.

What makes Hiscox unique

  • Hiscox specializes in hard-to-place risks: cyber, K&R, fine art, and non-standard homes.
  • April 1 2026 Pen-Zurich-Hiscox consortium expands its specialist UK property capacity.
  • August 2025 Corix and Vouch acquisition deepens Hiscox USA distribution and broker technology.

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Benefits

  • Flexible Work Hours
  • Hybrid Work Options

Company News

Yahoo Finance
Oct 16th, 2026
Octave, Hamilton and Hiscox: insurers exposed as Hormuz attacks lift war-risk premiums

Oil above $100 a barrel and attacks on shipping in the Strait of Hormuz have put marine and war-risk insurance in the spotlight. The turmoil may hurt some insurers while bringing others new premium income. Three global insurers have exposure. Octave Specialty Group runs specialty insurance in the US and UK, with about $226 million from Insurance Distribution and $98 million from Specialty P&C. Its market cap is roughly $212 million. Hamilton Insurance Group writes marine, energy, war, terrorism, and political-risk cover. Its gross written premium is about $3.0 billion, and its market cap is near $3.5 billion. Hiscox earns most income from Hiscox Retail, at about $2.6 billion. Its market value is near £5.9 billion.

Yahoo Finance
Aug 5th, 2026
Hiscox raises retail growth guidance as H1 profit climbs 26.3% to $420M

Hiscox reported strong first-half results with gross written premium rising 10.1% to over £3.2 billion and adjusted operating profit up 26.3% to £331 million. The combined ratio improved to 90.4%. The insurer raised its 2026 retail growth guidance to 9% in constant currency from 8%, citing momentum in consumer and small-business operations. Retail premium growth reached 12.6% driven by policy counts, new products and distribution partnerships. Reinsurance performed strongly with a 70.4% combined ratio, whilst London Market results were impacted by £60 million in estimated Middle East conflict losses and softer pricing. The company increased its interim dividend by 16.7% and continued its £300 million share buyback programme. Operating return on tangible equity reached 20.2%.

Insurance Journal
Jun 18th, 2026
People moves: Hiscox appoints Bailey as Head of Channel, Traded and Corix; CRC Group Names Greenwood CEO of Underwriting Division.

People moves: Hiscox appoints Bailey as Head of Channel, Traded and Corix; CRC Group Names Greenwood CEO of Underwriting Division. June 18, 2026 Hiscox appoints Bailey as Head of Channel, Traded and Corix in the US Hiscox, with headquarters in Atlanta, appointed Lori Bailey as head of channel, traded and Corix. Bailey will report to Mary Boyd, CEO of Hiscox USA, and will serve on the Hiscox U.S. leadership team. Bailey will lead Hiscox USA's traded channel, in addition to the recently acquired Corix business. Prior to joining Hiscox, Bailey served as head of global cyber and technology for Axis. With nearly 30 years of experience in the industry, she has served as chief insurance officer with Corvus Insurance and held several global leadership roles encompassing professional liability, specialty lines, and cyber risk, among others. Hiscox USA provides a variety of admitted or specialty risk solutions, including a broad spectrum of errors & omissions, general liability, cyber and data security, media liability, management liability, crime, entertainment, and terrorism insurance products. CRC Group Names Greenwood CEO of Underwriting Division CRC Group named Bethany Greenwood CEO of its underwriting division. Greenwood has over 25 years of specialty insurance leadership experience spanning brokerage, underwriting, and executive management. Throughout her career, she has developed deep knowledge of specialty lines, leading high-performing teams and driving growth across complex insurance organizations. Most recently based in London and relocating to the U.S., Greenwood has held a series of senior leadership positions, including head of specialty risks for a global specialty insurance and reinsurance firm. The underwriting division includes Starwind Specialty, AmRisc, Atrium, and Euclid Transactional, providing specialized solutions in offices across nine countries and in property, casualty, transactional liability, and other specialty lines. Greenwood will lead the continued development of these businesses while advancing CRC Group's long-term specialty underwriting strategy. Was this article valuable? Interested in underwriting? Get automatic alerts for this topic.

The Royal Gazette
May 8th, 2026
Hiscox attracts $1B in ILS capital as catastrophe reinsurance rates soften

Hiscox Ltd attracted approximately $1 billion in fresh third-party capital during the first quarter, bringing assets under management in its insurance-linked securities operations to $2.4 billion as of 1 April, up from $1.5 billion at the start of the year. Most new capital flowed into catastrophe bond strategies, though Hiscox also launched a sidecar vehicle for Middle East-related business through its London Market operations. The Bermudian-headquartered insurer said the pipeline for additional alternative capital inflows remained robust. Hiscox Re reported gross insurance contract written premiums of $527.1 million for the quarter, up 7.1% year-over-year, though net premiums fell 5.6% as the company avoided increasing catastrophe exposure amid declining rates. Group-wide insurance contract written premiums rose 10.2% to $1.72 billion.

Yahoo Finance
May 7th, 2026
Hiscox reports 10% premium growth to $2.2B in Q1, driven by retail momentum

Hiscox reported first-quarter insurance contract written premiums grew 10.2% to over £1.7 billion, driven by accelerating retail momentum and disciplined big-ticket growth. Chief Financial Officer Paul Cooper said the quarter benefited from benign natural catastrophe activity, which offset early Middle East conflict exposure. Retail premiums increased 8% in constant currency, up from 6.3% in the prior full-year period, with modest 2% rate increases. UK retail grew 8.9%, whilst Europe rose 6.8% and US retail climbed 8.5%, marking the strongest improvement. US digital direct posted double-digit growth, with broker growth accelerating to 6.7%. In the London Market, premiums increased 4% despite rate pressure, with average rates down 4%. Hiscox maintained selective growth as microcycles persisted across property lines.