Development Underwriter

Job Type:

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 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 built a strong reputation for underwriting across a broad range of Property & Casualty (P&C) and Professional Indemnity (PI) products. We’ve developed a substantial and diverse book of business, and now we’re looking to build on that success by expanding our presence in the North region, and through our exciting new customer sector strategy.

You’ll be responsible for driving profitable growth across the Manchester branch and the wider North regional business, working with a panel of brokers to drive growth across our key target sectors. Joining a high-performing and well-established team, you’ll underwrite larger and more complex risks during an exciting period of ambitious expansion.

What you’ll be doing:

We’re looking for a passionate and driven underwriter with a strong background in either Property & Casualty (P&C) or Professional Indemnity (PI) and ideally some experience in underwriting across any of our sector specialisms. You’ll bring broad market knowledge and a collaborative mindset, supporting the development of our regional underwriting capability while progressing your own career toward future leadership.

• Be recognised as an experienced underwriter within your region by your brokers

• Promote the Hiscox sector appetite within the local broker market, building a strong knowledge of your broker panel business make up and a strong NB pipeline

• Underwrite larger, more complex cases consistently and profitably

• Influence the UK Product Heads on underwriting appetite and strategy

• Lead underwriting and sales visits to larger clients and prospects

• Work closely with the regional renewals team to ensure that the target retention rate for the region is achieved,

• Develop close, effective relationships with brokers to develop new opportunities to contribute to the team new business target

• Increase submission & conversion numbers through large client prospecting

• Stay abreast of the competitive landscape from market moves to new product launches

Our must-haves

• Proven experience underwriting larger, more complex risks within either Property & Casualty (P&C) or Professional Indemnity (PI) lines

• Strong understanding of the UK insurance market, including broker relationships, market dynamics, and the impact of soft/hard market cycles

• Ideally ACII qualified or exempt through relevant experience as defined by the FCA

• Excellent relationship management and sales skills

• Leads underwriting and sales visits to larger clients and prospects

• Acts as the referral point for larger more complex cases

• Coaches and mentors less experienced underwriters in underwriting and sales skills                

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.

Work with amazing people and be part of a unique culture