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  • Trainee Underwriter

    2 weeks ago


    Essex, United Kingdom Hiscox Full time

    **Please note - You must be **Colchester based or willingness to attend Colchester 3x per week for 4 months of Academy (travel and accommodation will be provided)** About Hiscox UK** Hiscox UK 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,...

Trainee Underwriter

2 weeks ago


Essex, United Kingdom Hiscox Full time

**The role**

The Central Underwriting teams are located throughout the UK mainly in our regional central underwriting hubs including Colchester and York. The team forms part of Hiscox UK's central operations function and are responsible for the technical underwritingof new business and referrals, influencing the declinature rate targets for the portfolio using the change cycle.

As a trainee underwriter you'll sit within our central underwriting operations team, developing your skills to underwrite our commercial policies and provide an exceptional and memorable service to our brokers.

You will start with us as a trainee underwriter and receive comprehensive training and development (both on and off the job) to enable you to develop into an underwriter and then senior underwriter in due course.

**What you'll be doing**:

- You'll be underwriting our commercial products in line with our high standards
- Working towards set targets each month including profitability, conversion and productivity
- You'll take a proactive approach to learning and developing your skills in underwriting and sales
- Between your mentors and peers there will be a two way appreciation of sales strategy and underwriting strategy with the relevant regional teams
- Be committed to the underwriting strategies established by underwriting management
- Negotiating with brokers to profitably underwrite
- Challenging decisions on nonstandard underwriting by referring to a specialist underwriter or underwriting manager

**Our must haves**
- You'll ideally have some experience in the insurance industry at an entry level
- You'll be a strong team player as well as take ownership of your region and driving results
- An analytical mind, proactive in thought process and the ability to back up the decisions you make
- You'll thrive on fast paced pressure and be able to work quickly and accurately, show consistent dedication and commitment in a growing and demanding area of the business
- Self-motivated with a strong determination to achieve results and succeed personally
- Progression towards ACII qualification and/or willingness to study for this
- **Diversity and flexible working at Hiscox**_
- AtHiscox we care about our people. We hire the best people for the job and we're 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. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.#LI-LP1