Senior Commercial Underwriter

2 weeks ago

Glasgow, Glasgow City, United Kingdom Hiscox Full time

About the Role:

Hiscox is seeking a talented Central Underwriting Specialist to join our team, responsible for the technical underwriting of new business and renewals across our broker business.

As a Central Underwriting Specialist, you will focus on underwriting existing business for our commercial policies, providing a breadth of development opportunities and exposure to our products, state-of-the-art underwriting platform, and underwriting strategy.

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.
  • Negotiate effectively with internal and external parties, including identified points of contact with a brokerage.
  • Challenging non-standard underwriting decisions, leveraging the expertise of product specialists and underwriting managers.
  • Show courage and innovation by spotting process improvements and how we can do things differently to improve the customer experience and drive profitable growth.

Requirements:

  • Minimum 2 years' experience as a commercial lines underwriter with knowledge of Professional Indemnity, exposure to Management Liability, and Cyber will be advantageous.
  • A logical and analytical thinker.
  • An excellent communicator with the ability to present and articulate your thinking.
  • A natural flair for building relationships, enabling you to develop close rapport with brokers.
  • Be an ambassador of Hiscox and demonstrate 'going the extra mile' dedication and commitment in a fast-growing and demanding area of the business.
  • Ambitious and driven, someone who can self-motivate and achieve results.
  • Ideally Degree qualified and working towards Diploma CII or exempt through relevant experience as defined by the FCA.

Diversity and Flexible Working:

At Hiscox, we care about our people. We hire the best people for the job and are committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn't always have to be 'nine to five' and we support flexible working wherever we can.

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