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Underwriting Trainee
2 months ago
We are seeking a highly motivated and analytical Underwriting Trainee to join our Service Delivery Underwriting teams in Colchester, Glasgow, or York. As a key member of our underwriting hub, you will play a critical role in delivering exceptional service to our customers and driving business growth.
Key Responsibilities- Underwrite new and existing business across our commercial products, ensuring high standards are met.
- Work towards set targets, including profitability, GWP, conversion, retention, cross-sell, referral rate reduction, quotes per day, turnaround times, workflow management, phone service, and prospecting.
- 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 and identify points of contact within brokers.
- Challenge non-standard underwriting decisions, leveraging product specialists and senior team members.
- Show courage and innovation by spotting process improvements and enhancing the customer experience.
- Experience in an insurer, underwriting environment, and a desire to build a career in underwriting.
- A strong team player, capable of taking ownership and driving results.
- An analytical mind, proactive in thought process, and the ability to back up decisions.
- A natural flair for building relationships, enabling close rapport with brokers, clients, and colleagues.
- Ability to be an ambassador of Hiscox, demonstrating dedication and commitment in a fast-growing and demanding area.
- Self-motivated, with a strong determination to learn, achieve results, and succeed.
- Willingness to begin ACII qualification.
Hiscox is a leading brand in the insurance market, recognized for setting standards others try to emulate. We deliver strong growth and exceptional returns, recruiting only the best and empowering them to succeed. Our customers are diverse and unique, united by our ability to provide specialist insurance tailored to their needs.
We care about our people, hiring the best for the job and committed to diversity and creating a truly inclusive culture, which drives success. We have introduced hybrid working to encourage a healthy work-life balance, with the successful candidate expected to be in the office full-time for training and learning, then up to 2 days per week hybrid.