Senior Development Underwriter - Medical Malpractice

Hiscox; Colchester; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

Hiscox is seeking a Senior Development Underwriter specializing in Medical Malpractice in Colchester. The role involves underwriting, developing relationships with brokers, and guiding teams to expand the underwriting scope. Candidates should possess strong negotiation skills and at least five years of experience in the field.

Qualifications

• Minimum five years relevant Medical Malpractice underwriting or broking experience.
• ACII qualification or progression towards it.
• Outstanding communication and relationship management skills.

Responsibilities

• Underwrite consistently and profitably.
• Develop close, effective relationships with brokers.
• Identify and challenge non-standard underwriting decisions.

Skills

Communication

Negotiation

Relationship Management

Decision Making

Teamwork

Drive

Education

ACII qualification

Degree qualification (preferred)

Job description

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Senior Development Underwriter - Medical Malpractice, Colchester

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Client:

Hiscox

Location:

Colchester, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

ca51a09f9ec9

Job Views:

5

Posted:

02.06.2025

Expiry Date:

17.07.2025

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Job Description:

Job Type: Permanent

Build a brilliant future with Hiscox

The Team:

The Med Mal underwriting team is based across our York, London, and Colchester offices. They are responsible for driving profitable growth across Hiscox UK, in the Allied Healthcare sector. The team works closely with regional development underwriting teams to ensure seamless service to brokers, leveraging relationships to support the profitable growth of new and existing business, including cross-sell and up-sell.

The Role:

This is an exciting opportunity to join our specialist Med Mal underwriting team and play a pivotal role in expanding our underwriting scope to develop our medical malpractice book. You will join a friendly team from diverse underwriting backgrounds, with opportunities to develop knowledge into new areas.

Reporting to the Head of Medical Malpractice, this role involves UK-based travel, working hard to develop large new opportunities within our broker panel, while also renewing and servicing existing accounts.

Key responsibilities:

• Underwrite consistently and profitably
• Develop close, effective relationships with brokers
• Negotiate with internal and external parties, including brokerage contacts
• Maintain and develop customer relations
• Visit broker partners and write their business
• Identify and challenge non-standard underwriting decisions within the Technical Underwriting Guide (TUG), referring to an underwriting manager as needed
• Identify non-performing broker accounts and take remedial steps to improve profitability

Key requirements:

• Minimum five years relevant Medical Malpractice underwriting or broking experience
• ACII qualification or progression towards it
• Drive, self-motivation, and determination to achieve results
• Outstanding communication and relationship management skills
• Ability to make logical decisions in complex situations
• Strong influencing and negotiation skills
• Team player, outgoing, confident
• Ability to challenge the status quo
• Behaviors aligned with Hiscox's core values
• Degree qualification preferred, but not essential for experienced underwriters

Diversity and Hybrid working:

Hiscox values diversity and inclusion, fostering a culture of success. We support hybrid working, allowing up to 2 days in the office per week at London, York, or Colchester, to promote work-life balance. This model is team-driven to help manage personal work-life balance, combining structure and flexibility.

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Work with amazing people and be part of a unique culture