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.
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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