Lead Underwriter

2 months ago

London, Greater London, United Kingdom Hiscox Full time

About Hiscox

Hiscox 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 Role

We are seeking a Senior Development Underwriter to join our team in London. As a Senior Development Underwriter, you will be responsible for driving the profitable growth of our London business. You will work closely with our underwriting team to develop and implement strategies to increase sales and improve customer relationships.

Key Responsibilities

  • Develop and maintain strong relationships with brokers and clients to identify new business opportunities and increase sales
  • Underwrite larger, more complex new business cases consistently and profitably
  • Coach and mentor less experienced underwriters to help them build sales and account management skills
  • Lead underwriting and sales visits to larger clients and prospects
  • Provide leadership to ensure that the target retention rate for the region is achieved
  • Develop close, effective relationships with brokers to develop new opportunities to contribute to the team's new business target
  • Keep abreast of the competitive landscape from market moves to new product launches

Requirements

  • An excellent understanding of UK retail business and underwriting larger, more complex risks
  • Excellent knowledge of the insurance market, industry, competitors, brokers, and factors that can affect the market, including soft/hard markets
  • Ideal ACII qualified or exempt through relevant experience as defined by the FCA
  • Excellent relationship management and sales skills
  • Ability to lead underwriting and sales visits to larger clients and prospects
  • Ability to coach and mentor less experienced underwriters in underwriting and sales skills

Diversity and Flexible Working at Hiscox

We care about our people 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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