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York, York City, United Kingdom Hiscox Full timeAbout the RoleHiscox UK is a leading brand in the 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.The Service Delivery Underwriting teams are located regionally throughout the UK, and we're looking for a...
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Development Underwriter
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York, York City, United Kingdom Hiscox Full timeJob Title: Development Underwriter - Allied HealthcareJob Type: PermanentBuild a Brilliant Future with HiscoxThe Med Mal underwriting team is based across our York, London, and Colchester offices. The team is responsible for driving profitable growth across Hiscox UK in the Allied Healthcare sector.The team is aligned with our regional development...
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Development Underwriter
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Development Underwriter
2 months ago
We are seeking a highly skilled Development Underwriter to join our Commercial Property Owners (CPO) team at Hiscox. As a key member of our team, you will play a crucial role in driving the profitable growth of our business.
Key Responsibilities- Underwrite Property Owners schemes within the CPO team, working on a range of products including Buildings, Loss of Rent, Property Owners Liability, Engineering Breakdown, and Terrorism.
- Underwrite new and existing business, with a focus on larger, more complex cases, either in the open market or from our CPO schemes.
- Account manage your brokers, working with them to develop and execute annual business plans using a deep understanding of the brokers' business to achieve growth targets.
- Take overall responsibility for Hiscox's relationship with your brokers, delivering profitable growth across your panel.
- Identify poorly performing open market and scheme accounts and implement measures to improve their business with Hiscox, such as commission levels, profit improvement plans, retention and conversion improvements.
- Drive new business opportunities by regularly meeting your brokers, building strong relationships with the individuals there, and delivering exceptional service to them.
- Contribute positively towards our annual Sales and Underwriting Audits.
- A strong property underwriting experience.
- Comfort in analysing, making, and executing underwriting recommendations on individual and portfolios of business.
- An adaptable mindset, able to switch between open market and schemes business, new and existing business.
- Great relationship building, influencing, and negotiation skills.
- Strong communication, relationship management, and interpersonal skills.
- Good knowledge of the insurance market, industry, competitors, brokers, and factors that can affect the market, including soft and hard markets.
- Either previous experience underwriting schemes business or a strong understanding of schemes and how they are operated successfully.
- Ideal Diploma CII qualified or exempt through relevant experience as defined by the FCA.
We care about our people and are committed to diversity and creating a truly inclusive culture, which we believe drives success. We have introduced hybrid working to encourage a healthy work-life balance. The successful candidate for this role will be in the office up to 2 days per week in either our Colchester, Manchester, or York office.