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Job description

Job Description:
The role

The Central Underwriting team 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 supporting the regional Branch's with the technical underwriting of new and existing business and referrals, influencing the declinature rate targets for the portfolio using the change cycle.

In this role you'll focus on underwriting existing business for our commercial policies. The role will provide a breadth of development opportunities including; cross class training across our commercial products, training on our state of the art new underwriting platform and a breath of exposure to senior stakeholders and Hiscox's underwriting strategy to allow you to progress into a senior underwriter role and longer term career opportunities across the organisation.

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
  • Developing your sales skills and appreciation of sales and underwriting strategy in collaboration with the wider teams and regions
  • Effectively negotiating 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


Person Specification:
Our must haves

  • You'll have at least 2-3 years' experience as an underwriter or broker 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
Our nice to haves

  • Some experience with professional Indemnity
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.

#LI-SW1


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]
Industry
Insurance
Job Sector
Insurance
Job Position
Underwriting
Estimated Salary
£34,879.00
City/Town
Colchester
Address
Colchester, UK Show on map
Location
Colchester
Post date
Closing date

How would you fit?

Learn more about Hiscox

Be unique. Be authentic. However you prefer to say it, we really mean it. Our culture embraces people’s diverse perspectives and creates a positive environment where everyone belongs. We’re determined to build a better, more connected world for everyone.

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