Development Underwriter

3 months ago

Glasgow, 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

Hiscox has an established reputation underwriting specialist insurance, with a strong focus on professional indemnity and our specialist property and casualty target market. We have grown a substantial book of business to date. Spanning over 3 offices and 3 nations, the North is a vibrant part of Hiscox UK, operating with a buzz and with massive scope for personal growth in any of our locations.

You will responsible for helping to drive the profitable growth of the North regional commercial business at a time when we have ambitious plans. You will join an established and high performing Business Development Team, underwriting our traded new business.

What you’ll be doing:

For this role we are looking for someone who has their finger on the pulse of their local market. We want to work with an energetic and driven person with a good knowledge. This role will offer a fantastic platform for someone looking for their next role to progress their career to a senior role within the business.

Being recognised as an experienced underwriter within your region by your brokers Promoting Hiscox in the North region, including providing broker training, presentations and being an advocate of our products and service Underwriting larger, more complex cases consistently and profitably Execution of the local underwriting strategy for your specialist area in conjunction with the Regional Manager, Regional Underwriting Manager and New Business Lead Shaping our underwriting strategy by providing feedback on possible areas of improvement and identifying new opportunities Focussing on product lines with a plan to become a locally renowned specialist in chosen areas Taking referrals from less experienced team members, providing coaching where appropriate Leading underwriting and sales visits to larger clients and prospects Providing leadership to ensure that the target retention rate for the region is achieved, handling a very small number yourself. Developing close, effective relationships with brokers to develop new opportunities to contribute to the team new business target Increasing submission & conversion numbers through large client prospecting Keeping abreast of the competitive landscape from market moves to new product launches

Our must-haves

An excellent understanding of P&C and underwriting larger more complex risks Excellent knowledge of the insurance market, industry, competitors, Brokers and factors that can affect the market including soft/hard markets Ideally ACII qualified or willing to progress to this Excellent relationship management and sales skills Keen to become the face of Hiscox - this is a market-facing role which will allow to you further enhance your relationships Acts as the referral point for larger more complex cases for less experience team members Willing to help drive the team forward with both coaching and helping where possible 

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 out visiting brokers as well as occasional office hub days 2-3 days per week at either our Glasgow, York or Manchester 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-LP


Work with amazing people and be part of a unique culture

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