Trading Underwriter

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Full time
Location: Colchester
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Job offered by: Hiscox
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Category:
Please note, this is a 12 month maternity cover.

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

The Trading Underwriting teams are located throughout the UK mainly in our regional underwriting hubs including Colchester and York. The team underwrite broker channel Art and Private Client risks and form part of Hiscox UK’s APC Distribution function. Trading Underwriters are responsible for underwriting of more complex existing business that are triggered by complex referral reasons and will involve occasional broker and client visits. You will also be a dedicated contact point for a number of key broker partners.

Trading Underwriters work with the regional teams to deliver superb service in line with the agreed sales strategy.

The role will provide a breadth of development opportunities and exposure to our products, state of the art new underwriting platform and underwriting strategy.

What you’ll be doing

You’ll be underwriting our Art and Private Client Broker products in line with our high standards.

Working towards set targets each month including profitability, GWP, retention, productivity, referral rate reduction, phone service, cross-selling, renewal and MTA turnaround times.

Develop your sales skills and appreciation of sales and underwriting strategy in collaboration with the wider teams and regions.

Effectively negotiate 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.

Become a technical expert in a defined area.

Our must haves

You’ll have some experience as an underwriter within Private Client business.

A logical and analytical thinker.

A collaborate team player who understands that their team's success is their own success.

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.

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 have also learned over the past few years that working life doesn’t always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work-life balance.

We anticipate the successful candidate for this role will be in the office up to 2-3 days per week.

This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance.

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

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.

Get in touch If this is your first time visiting our career site and you wish to stay in touch please select the 'Introduce yourself' button on the top right. This will allow us to contact you with suitable vacancies. If you are a returning prospect and wish to view our current vacancies please Search for Jobs using the link on the top right.

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.

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