Commercial Underwriter

2 days ago


Colchester, Essex, United Kingdom Hiscox Full time

About the Role

The Central Underwriting teams are located throughout the UK, forming part of Hiscox UK's central operations function. As a Commercial Underwriter, you will be responsible for the technical underwriting of new business and renewals across our broker business.

Key Responsibilities

  • Underwrite commercial products in line with our high standards
  • Work towards set targets each month, including profitability, conversion, and productivity
  • Develop sales skills and appreciation of sales and underwriting strategy in collaboration with the wider teams and regions
  • Effectively negotiate with internal and external parties, including brokers
  • Challenge non-standard underwriting decisions, leveraging product specialists and underwriting managers
  • Show courage and innovation by identifying process improvements and enhancing the customer experience

Requirements

  • Minimum 2 years' experience as a commercial lines underwriter, with knowledge of Professional Indemnity and exposure to Management Liability and Cyber
  • Logical and analytical thinker
  • Excellent communicator with the ability to present and articulate thinking
  • Natural flair for building relationships and developing close rapport with brokers
  • Ambitious and driven, with a self-motivated approach to achieving results
  • Ideal candidate will be degree-qualified and working towards Diploma CII or exempt through relevant experience as defined by the FCA

Diversity and Hybrid Working

Hiscox values diversity and is committed to creating an inclusive culture. We have introduced hybrid working to promote a healthy work-life balance, allowing employees to manage their own personal work-life balance.



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