Job Type:
Permanent
Build a brilliant future with Hiscox
Senior Development Underwriter - PI
Location - Manchester, Glasgow or York
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 miscellaneous and traditional Professional Indemnity and we have grown a substantial book of business to date.
The market is growing exponentially and we want to make the most of the opportunity by adding a specialist Senior Underwriter with Professional Indemnity expertise to our Northern Region regional team.
You will responsible for driving the profitable growth of the Northern Region PI business at a time when we have ambitious growth plans. You will join an established and high performing team underwriting larger and more complex PI business.
What you’ll be doing:
1. For this role we are looking for someone who has their finger on the pulse of the PI market with a particular specialism in miscellaneous and traditional PI. We want to work with an energetic and driven person with a broad knowledge who also has the desire to share their knowledge to help support a team of underwriters. This role will offer a fantastic platform for someone looking for their next role to progress their career to a leadership role within the business.
2. Being recognised as an experienced underwriter within your region by your brokers
3. Promoting PI in the Northern Region region, including training of local underwriters and brokers as required
4. Coaching and mentoring less experienced underwriters helping them build product specific knowledge and sales skills amongst underwriters
5. Underwriting larger, more complex cases consistently and profitably
6. Leading and setting and execution of the local underwriting strategy for your specialist area in conjunction with the Branch Manager and Regional Underwriting Manager
7. Influencing the UK Product Heads on underwriting appetite and strategy
8. Leading underwriting in your specialist area by taking referrals of more complex risks
9. Leading underwriting and sales visits to larger clients and prospects
10. Providing leadership to ensure that the target retention rate for the region is achieved, handling some cases yourself
11. Developing close, effective relationships with brokers to develop new opportunities to contribute to the team new business target
12. Increasing submission & conversion numbers through large client prospecting
13. Keeping abreast of the competitive landscape from market moves to new product launches
Our must-haves
14. An excellent understanding of PI and underwriting larger more complex risks
15. Excellent knowledge of the insurance market, industry, competitors, Brokers and factors that can affect the market including soft/hard markets
16. Ideally ACII qualified or exempt through relevant experience as defined by the FCA
17. Excellent relationship management and sales skills
18. Leads underwriting and sales visits to larger clients and prospects
19. Acts as the referral point for larger more complex cases
20. 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.
#LI-AY1
#LI-Hybrid
Work with amazing people and be part of a unique culture