Senior Development Underwriter

TN United Kingdom; London; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

An established industry player seeks a dynamic Senior Development Underwriter to join their London team. This role focuses on driving growth and managing broker relationships in a rapidly expanding market. The ideal candidate will possess a strong background in underwriting complex risks and a passion for coaching others. With a commitment to diversity and flexible working, this innovative firm offers a unique culture that values collaboration and independence. If you're ready to take your career to the next level, this opportunity is perfect for you.

Qualifications

• Proven track record in broker relationships in the London retail market.
• Excellent understanding of UK retail business and underwriting larger, complex risks.

Responsibilities

• Drive profitable growth of the London business with a focus on sales.
• Coach and mentor less experienced underwriters to build sales knowledge.

Skills

Broker Relationship Management

Sales Skills

Underwriting Complex Risks

Knowledge of Insurance Market

Coaching and Mentoring

Education

ACII Qualification

Relevant Experience in Insurance

Job description

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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.

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Work with amazing people and be part of a unique culture