Underwriting Specialist

1 month ago

Colchester, Essex, United Kingdom Hiscox Full time

Job Overview

The Central Underwriting team at Hiscox is seeking a skilled Underwriter to join our team in Colchester. As an Underwriter, you will be responsible for underwriting new business and renewals across our broker business, focusing on commercial policies.

Key Responsibilities

  • Underwrite commercial products in line with Hiscox's 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

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, with the successful candidate expected to be in the office up to 2 days per week in Colchester.

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