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Insurance Career Development Professional

1 month ago


York, York City, United Kingdom Hiscox Full time

About Hiscox UK

As a leading brand in the insurance market, we consistently deliver strong growth and exceptional returns. Our teams are empowered to excel, recruiting only the best and inspiring them to achieve more. We cater to diverse clients, from homes of the rich and famous to innovative technology companies.

We have multiple regional underwriting hubs across the UK, where our Service Delivery Underwriting teams work closely with colleagues to manage volume underwriting referrals for new and existing business. They play a vital role in driving growth and profitability.

The Trainee Underwriter will join these teams to help deliver outstanding service aligned with our sales strategy. Key responsibilities include creating renewal terms, ensuring customer retention on optimal terms, and cross-selling new products to existing customers.

This role provides extensive development opportunities, exposure to our products, underwriting platform, and strategy, allowing you to grow professionally.

Key Responsibilities:

  • Underwrite new/existing commercial business (PSC) products in line with high standards
  • Work across broker distribution channels and commercial insurance products
  • Achieve set targets each month, 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 wider teams and regions
  • Negotiate effectively with internal and external parties, identifying key contacts within brokers
  • Challenge non-standard underwriting decisions, leveraging expertise of product specialists and senior team members
  • Show courage and innovation by spotting process improvements and enhancing customer experience and driving profitable growth