Job Description: Hiscox 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 underwriting of new business and referrals, influencing the declinature rate targets for the portfolio using the change cycle.
Central Underwriters work with the regional teams to deliver superb service in line with the agreed sales strategy.
You'll focus on underwriting existing business for our commercial policies, playing a senior role within the team from a technical perspective and mentoring more junior colleagues. The role will offer a great platform to allow you to progress your career within Hiscox.
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
Dealing with larger and more complex technical referrals and risks
Providing mentoring and coaching to less experienced underwriters
Monitoring the overall performance of the book and ensuring remedial action is taken to correct any performance issues
Writing a minimum amount of GWP of business each year, as agreed with the line manager
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
Our must haves
The ability to demonstrate effective negotiation with all levels and types of broker, and experience of having dealt with non-standard risks effectively
Able to make appropriate decisions when dealing with complex technical issues and can justify underwriting decisions
Regularly challenges convention, writing 'non standard' business on a regular basis and able to take decisive action on loss making business
Demonstrable drive and energy to move self and business forward
ACII qualification or close to completion
Strong market and competitor knowledge
Consistently demonstrates behaviours conducive to achieving both personal and team objectives, in line with the core values of Hiscox
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.
If you would like to know more about the role, or you are having any difficulties with the application process please send your CV and the four-digit job ref number to [email protected]
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