Development Underwriter

5 months ago

Manchester, United Kingdom Hiscox Full time

Job Type:

Permanent

Build a brilliant future with Hiscox
 

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, recruiting only the very best and empowering them to deliver. We are known for 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 role

The Commercial Property Owners (CPO) team are based across the UK and insure UK commercial and residential buildings, usually as part of large property portfolios. Our open market business doubled in 2023 and has continued well into 2024, while our schemes business is poised to quadruple in size in 2024 with new schemes coming online. We seek a fourth underwriter to join CPO who – in the short term - can support growth on both sides of our business and long term align fully with the schemes accounts.

Initially your work will be split across our open market and schemes accounts, engaging with brokers directly on new and existing business as demand dictates. This will be a fast moving and fluid position in our team, getting involved in large and small policies and working with brokers to maintain and grow our business. As new schemes are brought online this role will focus on schemes, where you will be responsible for managing and developing those relationships and servicing any new business, renewals or MTAs which fall outside of a Coverholder’s delegated authority.

At all times, you will work alongside the Head of Property Owners, the open market underwriters and our scheme underwriter to drive the profitable growth of the CPO business.

What you’ll be doing:

You will underwrite our Property Owners schemes within the Commercial Property Owners team, working on products which include Buildings, Loss of Rent, Property Owners Liability, Engineering Breakdown, Terrorism and more to achieve overall business GWP targets You’ll underwrite new and existing business with a focus on larger, more complex cases, either in the open market or from our CPO schemes Account managing your brokers, working with them to develop and execute annual business plans using a deep understanding of the brokers’ business to achieve growth targets Taking overall responsibility for Hiscox’s relationship with your brokers – delivering profitable growth across your panel Identifying poorly performing open market and scheme accounts and identify measures to improve their business with Hiscox e.g. commission levels, profit improvement plans, retention and conversion improvements Driving new business opportunities by regularly meeting your brokers, building a strong relationship with the individuals there and delivering a super service to them Contributing positively towards our annual Sales and Underwriting Audits

Our must-haves

A strong property underwriting experience Comfort in analysing, making and executing underwriting recommendations on individual and portfolios of business An adaptable mindset, able to happily switch between open market and schemes business, new and existing business Great relationship building, influencing and negotiation skills Strong communication, relationship management and interpersonal skills Good knowledge of the insurance market, industry, competitors, Brokers and factors that can affect the market including soft/hard markets Either previous experience underwriting schemes business, or a strong understanding of schemes and how they are operated successfully Ideally Diploma CII qualified or exempt through relevant experience as defined by the FCA

Diversity and Hybrid working

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 have also learned over the past few years that working life doesn’t always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work life balance.

We anticipate the successful candidate for this role will be in the office up to 2 days per week in either our Colchester, Manchester or York office.


This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.

#LI-LP1


Work with amazing people and be part of a unique culture

  • Development Underwriter

    2 weeks ago

    Manchester, United Kingdom IPS Group Full time

    Job Opportunity: Casualty UnderwriterAbout the Role:We are seeking an experienced Casualty Underwriter to join our team at IPS Group. As a key member of our underwriting team, you will be responsible for handling new business and renewals, working closely with brokers and other stakeholders to develop and grow our casualty proposition.Key...

  • Development Underwriter

    3 weeks ago

    Manchester, United Kingdom The Opportunity Hub UK Full time

    The Opportunity Hub UK is seeking a skilled Development Underwriter to join our team. As a key member of our underwriting team, you will be responsible for underwriting a profitable book of UK Property and Casualty business, working closely with a panel of brokers to develop new business opportunities. Key Responsibilities: * Develop and underwrite new...

  • Development Underwriter

    3 weeks ago

    Manchester, United Kingdom The Opportunity Hub UK Full time

    The Opportunity Hub UK is seeking a skilled Development Underwriter to join our team. As a key member of our underwriting team, you will be responsible for underwriting a profitable book of UK Property and Casualty business, working closely with a panel of brokers to develop new business opportunities. Key Responsibilities: * Develop and underwrite new...

  • Development Underwriter

    2 weeks ago

    Manchester, United Kingdom The Opportunity Hub UK Full time

    The Opportunity Hub UK is seeking a skilled Development Underwriter to join our team. As a key member of our business, you will be responsible for underwriting a profitable book of UK Property and Casualty business, working closely with a panel of brokers to develop new opportunities. Key Responsibilities: * Develop and underwrite new business, ensuring...

  • Development Underwriter

    2 weeks ago

    Manchester, United Kingdom The Opportunity Hub UK Full time

    The Opportunity Hub UK is seeking a skilled Development Underwriter to join our team. As a key member of our business, you will be responsible for underwriting a profitable book of UK Property and Casualty business, working closely with a panel of brokers to develop new opportunities. Key Responsibilities: * Develop and underwrite new business, ensuring...

  • Development Underwriter

    4 weeks ago

    Manchester, United Kingdom The Opportunity Hub UK Full time

    The Opportunity Hub UK is seeking a skilled Development Underwriter to join our team. As a key member of our business, you will be responsible for underwriting a profitable book of UK Property and Casualty business, working closely with a panel of brokers to develop and maintain relationships. Your primary focus will be on developing and underwriting new...

  • Development Underwriter

    4 weeks ago

    Manchester, United Kingdom The Opportunity Hub UK Full time

    The Opportunity Hub UK is seeking a skilled Development Underwriter to join our team. As a key member of our business, you will be responsible for underwriting a profitable book of UK Property and Casualty business, working closely with a panel of brokers to develop and maintain relationships. Your primary focus will be on developing and underwriting new...

  • Development Underwriter

    4 weeks ago

    Manchester, United Kingdom Carolyn Bowers Insurance Recruitment Full time

    Development Underwriter OpportunityWe are seeking a skilled Development Underwriter to join our team at Carolyn Bowers Insurance Recruitment. As a key member of our Manchester operation, you will play a crucial role in driving profitable growth in the region.Key Responsibilities:Build relationships with key brokers to secure new business opportunitiesFocus...

  • Development Underwriter

    4 weeks ago

    Manchester, United Kingdom Carolyn Bowers Insurance Recruitment Full time

    Development Underwriter OpportunityWe are seeking a skilled Development Underwriter to join our team at Carolyn Bowers Insurance Recruitment. As a key member of our Manchester operation, you will play a crucial role in driving profitable growth in the region.Key Responsibilities:Build relationships with key brokers to secure new business opportunitiesFocus...

  • Development Underwriter

    2 months ago

    Manchester, United Kingdom The Opportunity Hub UK Full time

    As a Development Underwriter, you will be responsible for underwriting a profitable book of UK Property and Casualty business, with a panel of brokers to develop. Key aspects of the role include;Developing and underwriting new businessUnderwriting renewal businessBuilding and maintaining relationships with a panel of brokersProviding an outstanding service...

  • Development Underwriter

    2 weeks ago

    Manchester, United Kingdom IPS Group Full time

    Join Our Team as a Casualty Underwriting SpecialistWe are seeking an experienced Casualty Underwriting Specialist to join our team at IPS Group. As a key member of our development team, you will be responsible for handling complex risks with premiums ranging from 10k-100k and driving successful growth in the mid-market space.Key Responsibilities:Develop and...

  • Development Underwriter

    2 weeks ago

    Manchester, United Kingdom IPS Group Full time

    Join Our Team as a Casualty Underwriting SpecialistWe are seeking an experienced Casualty Underwriting Specialist to join our team at IPS Group. As a key member of our development team, you will be responsible for handling complex risks with premiums ranging from 10k-100k and driving successful growth in the mid-market space.Key Responsibilities:Develop and...

  • Development Underwriter

    1 month ago

    Manchester, United Kingdom The Opportunity Hub UK Full time

    The Opportunity Hub UK is seeking a skilled Development Underwriter to join our team. As a key member of our business, you will be responsible for underwriting a profitable book of UK Property and Casualty business, working closely with a panel of brokers to develop new business opportunities.Key Responsibilities:Develop and underwrite new business...

  • Development Underwriter

    1 month ago

    Manchester, United Kingdom The Opportunity Hub UK Full time

    The Opportunity Hub UK is seeking a skilled Development Underwriter to join our team. As a key member of our business, you will be responsible for underwriting a profitable book of UK Property and Casualty business, working closely with a panel of brokers to develop new business opportunities.Key Responsibilities:Develop and underwrite new business...

  • Development Underwriter

    2 weeks ago

    Manchester, United Kingdom IPS Group Full time

    Join a global brand as a New Business Underwriter in Manchester or Leeds. **About the Role** We are seeking an experienced Underwriter to drive successful growth by dealing with complex risks with premiums ranging from 10k-100k. You will be responsible for handling predominantly new business as well as some renewals. **Key Responsibilities** * Deal...

  • Development Underwriter

    2 months ago

    Manchester, United Kingdom The Opportunity Hub UK Full time

    As a Development Underwriter, you will be responsiblefor underwriting a profitable book of UK Property and Casualtybusiness, with a panel of brokers to develop. Key aspects of the roleinclude;Developing andunderwriting new businessUnderwriting renewalbusinessBuilding and maintaining relationshipswith a panel of brokersProviding anoutstanding service to...

  • Development Underwriter

    6 months ago

    Manchester, United Kingdom Carolyn Bowers Insurance Recruitment Full time

    I am currently representing a highly respected global insurer with a universally recognised brand. Based from prestigious city centre offices, their Manchester operation focuses on delivering corporate insurance solutions via a diverse panel of brokers throughout the UK. My client is seeking a Development Underwriter to drive profitable growth in the...

  • Development Underwriter

    6 days ago

    Manchester, United Kingdom Hiscox Full time

    About the RoleThe Commercial Property Owners team at Hiscox is seeking a skilled underwriter to join their team. As a key member of the team, you will be responsible for underwriting Property Owners schemes within the Commercial Property Owners team, working on products which include Buildings, Loss of Rent, Property Owners Liability, Engineering Breakdown,...

  • Senior Development Underwriter

    6 days ago

    Manchester, United Kingdom Travelers Full time

    About the RoleWe are seeking a skilled Development Underwriter to join our team at Travelers. As a Development Underwriter, you will be responsible for underwriting and assessing risk for products and accounts from assigned brokers. You will make appropriate decisions within your underwriting authority and provide considered, intelligent, and complete...

  • Senior Development Underwriter

    4 weeks ago

    Manchester, United Kingdom Travelers Full time

    Job Title: Senior Development UnderwriterAt Travelers, we are seeking a highly skilled and experienced Senior Development Underwriter to join our team. As a Senior Development Underwriter, you will be responsible for underwriting and assessing risk for products and accounts from assigned brokers. You will make appropriate decisions within your underwriting...