Development Underwriter at Hiscox

Birmingham, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

14 Mar, 26

Salary

0.0

Posted On

14 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Underwriting, Professional Indemnity, Relationship Management, Communication, Strategic Planning, Sales Skills, Market Knowledge, Pricing, Claims Understanding, Broker Trading, Business Development, Influencing, Decision Making, Regulatory Guidelines, Team Collaboration, Client Prospecting

Industry

Insurance

Description

Job Type: Permanent Build a brilliant future with Hiscox About Hiscox UK Hiscox UK is a leading specialist brand in the UK insurance market, recognised as setting the standards others try to emulate. We consistently deliver strong growth and exceptional returns, recruiting only the very best and empowering them to deliver. We are known for insuring the homes of the rich and famous through to the most innovative technology companies. We operate in twelve target sectors in the UK, across which our customers are diverse and unique, and are only united by our ability to provide specialist insurance tailored to their needs. About the role In this role you will be responsible for driving the profitable growth within our strategic sectors. You will be expected to trade and write all lines of business including Professional Indemnity, MLP, Cyber, Property and Casualty to facilitate a package policy offering – with your focus ideally being within Professional Indemnity. You will join an established and high performing team and bring your drive to contribute to our growth aspirations whilst driving your own relationships (internal & external) and pipeline. You will also have the opportunity to drive Hiscox appetite across our strategic sectors, including the proposition, the underwriting and the pricing. It is therefore essential that you are technically astute, have strong relationship management skills and are driven by an exceptional service ethic. What you’ll be doing Underwriting larger, more complex commercial cases consistently and profitably Leading the setting and execution of the local underwriting strategy for your specialist area in conjunction with the Regional Manager and Regional Underwriting Manager Influencing the UK Product Heads on underwriting appetite and strategy Leading underwriting and trading visits to larger clients and prospects Ensuring that the new business target for the region is achieved Developing close, effective relationships with brokers to develop new opportunities to significantly contribute to the team new business targets Increasing submission & conversion numbers through client prospecting Building product specific knowledge and sales skills amongst underwriters Knowledge of the professional indemnity line of business and appetite Understanding of the underwriting lifecycle including policy wordings, pricing & claims Understanding of pricing a risk and the factors that can affect pricing Good knowledge of the insurance market, industry, competitors, brokers and factors that can affect the market including soft/hard markets Our must-haves: A strong track record trading with brokers to deliver growth A strong track record in making sound underwriting decisions, driving top and bottom-line growth A deep understanding of the professional indemnity line of business Strong communication, relationship management and interpersonal skills with demonstrable ability to effectively influence key stakeholders Demonstrates a hunger for winning business Able to make intelligent and innovative business decisions An appreciation and understanding of legal and regulatory guidelines Ideally ACII qualified or exempt through relevant experience as defined by the FCA Diversity and Hybrid working 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 operate a hybrid working model, set by the team rather than the business, to enable you to manage your own personal 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. Work with amazing people and be part of a unique culture If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us. If this is your first time visiting our career site and you wish to stay in touch please select the 'Introduce yourself' button on the top right. This will allow us to contact you with suitable vacancies. If you are a returning prospect and wish to view our current vacancies please Search for Jobs using the link on the top right. We’re a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. With 3,000 employees and 32 offices in 12 countries we’re a business with lots of opportunity for people with talent, spark and lots of ambition. If you want to build a great career with a company that prioritises strong values – such as integrity and courage – where our people always pull together to do the right thing for each other and our customers, then we’d love to hear from you.

Responsibilities

You will be responsible for driving profitable growth within strategic sectors and underwriting larger, complex commercial cases. Additionally, you will lead the local underwriting strategy and develop relationships with brokers to achieve new business targets.