Commercial Underwriter

2 weeks ago


Essex, United Kingdom Hiscox Full time

**Commercial Underwriter**
**Location - Glasgow, Colchester or York based
**About Us**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, recruiting only the very best and empowering them to deliver. We are knownfor insuring the homes of the rich and famous through to the most innovative technology companies. Our customers are diverse and unique and are only united by our ability to provide specialist insurance tailored to their needs.

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.

You'll focus on underwriting existing business for our commercial policies. The role will provide a breadth of development opportunities and exposure to our products, state of the art new underwriting platform and underwriting strategy to allow you to progressinto a senior underwriter role.

**What you'll be doing**:

- Working towards set targets each month including profitability, conversion and productivity
- Develop your sales skills and appreciation of sales and underwriting strategy in collaboration with the wider teams and regions
- Effectively negotiate with both 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
- Showing courage and innovation by spotting process improvements and how we can do things differently to improve the customer experience and drive profitable growth
- You'll be underwriting our commercial products in line with our high standards

**Our must haves**
- You'll have some experience as an underwriter within commercial lines of business
- A logical and analytical thinker
- 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 Diploma CII qualified or exempt through relevant experience as defined by the FCA
- Diversity and flexible working at Hiscox

At Hiscox 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-AY1



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