Development Underwriter

Hiscox SA; Glasgow; On-site; GBP 35,000 - 55,000; Full time

Job summary

Join a dynamic team in a forward-thinking company as a commercial lines underwriter. This role offers exciting opportunities for professional growth, allowing you to enhance your underwriting skills while working with innovative products and strategies. You will be part of a collaborative environment that values diversity and promotes a healthy work-life balance through hybrid working. If you are ambitious, driven, and ready to make an impact, this is the perfect opportunity for you to thrive in a supportive culture that prioritizes integrity and courage.

Benefits

Employee Benefits

Mental Wellbeing Support

Physical Wellbeing Support

Qualifications

• Minimum 2 years’ experience as a commercial lines underwriter.
• Knowledge of Professional Indemnity; exposure to Management Liability and Cyber is advantageous.

Responsibilities

• Underwriting commercial products in line with high standards.
• Developing sales skills and collaborating with wider teams.

Skills

Commercial Lines Underwriting

Analytical Thinking

Communication Skills

Relationship Building

Sales Skills

Education

Degree qualified

Diploma CII (or equivalent experience)

Job description

The Central Underwriting teams are located throughout the UK mainly in our regional central underwriting hubs including Glasgow, Colchester and York. The team forms part of Hiscox UK’s central operations function and are responsible for the technical underwriting of new business and renewals across our broker business.

You’ll focus on underwriting existing business for our commercial policies. The role will provide a breadth of development opportunities and exposure to our products, state of the art new underwriting platform and underwriting strategy to allow you to progress into a senior underwriter role.

What you’ll be doing:

1. You’ll be underwriting our commercial products in line with our high standards.
2. Working towards set targets each month including profitability, conversion and productivity.
3. Develop your sales skills and appreciation of sales and underwriting strategy in collaboration with the wider teams and regions.
4. Effectively negotiate with both internal and external parties including identified points of contact with a brokerage.
5. Challenging non-standard underwriting decisions leveraging the expertise of product specialists and underwriting managers.
6. Showing courage and innovation by spotting process improvements and how we can do things differently to improve the customer experience and drive profitable growth.

Our must haves:

1. You’ll have min. 2 years’ experience as a commercial lines underwriter with knowledge of Professional Indemnity; exposure to Management Liability and Cyber will be advantageous.
2. A logical and analytical thinker.
3. An excellent communicator with the ability to present and articulate your thinking.
4. A natural flair for building relationships enabling you to develop close rapport with brokers.
5. Be an ambassador of Hiscox and demonstrate ‘going the extra mile’ dedication and commitment in a fast growing and demanding area of the business.
6. Ambitious and driven, someone who can self-motivate and achieve results.
7. Ideally Degree qualified and working towards Diploma CII or exempt through relevant experience as defined by the FCA.

Diversity and Hybrid working

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 days per week in our York office. 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.

Why work here?

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

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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.