Senior Development Underwriter

  • Hiscox
  • Jan 06, 2024
Full time Insurance

Job Description

Senior Development Underwriter page is loaded Senior Development Underwriter Apply locations UK, London time type Full time posted on Posted 2 Days Ago job requisition id R

Job Type:

Permanent

Build a brilliant future with Hiscox

Senior Development Underwriter - New business

London

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 Professional Indemnity, Cyber and Property and Casualty lines 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 Development Underwriter with a focus on sales and broker account management.

You will responsible for driving the profitable growth of the London business at a time when we have ambitious growth plans. You will join an established and high performing team underwriting larger and more complex UK business.

What you'll be doing:

For this role we are looking for someone who has a proven track record in broker relationships, ideally in the London retail market. 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.

  • Being recognised as an experienced underwriter within London by your brokers
  • Promoting Hiscox products in the London region, including training of local underwriters and brokers as required
  • Coaching and mentoring less experienced underwriters helping them build sales and account management knowledge
  • Underwriting larger, more complex new business cases consistently and profitably. Experience in Technology, Media or Emerging Sectors is desirable but not essential.
  • Leading underwriting and sales visits to larger clients and prospects
  • Providing leadership to ensure that the target retention rate for the region is achieved.
  • Developing close, effective relationships with brokers to develop new opportunities to contribute to the team new business target
  • Increasing submission & conversion numbers through large client prospecting
  • Keeping abreast of the competitive landscape from market moves to new product launches

Our must-haves

  • An excellent understanding of UK retail business and underwriting larger more complex risks
  • Excellent knowledge of the insurance market, industry, competitors, Brokers and factors that can affect the market including soft/hard markets
  • 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
  • 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.

We've introduced new hybrid ways of working to encourage a healthy work life balance.

We anticipate the successful candidate for this role will be in the office up to 1-2 days per week. Our London office will be your hub where team & collaboration time will take place.

We see it as the best of both worlds: structure and sociability on one hand, and independence and flexibility on the other.


Work with amazing people and be part of a unique culture

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If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.

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About us

We're a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. With 3,000 employees and 32 offices in 12 countries we're a business with lots of opportunity for people with talent, spark and lots of ambition. If you want to build a great career with a company that prioritises strong values - such as integrity and courage - where our people always pull together to do the right thing for each other and our customers, then we'd love to hear from you.