Hiscox

New Business Trading Underwriter

UK, Colchester Full time

Job Type:

Permanent

Build a brilliant future with Hiscox
 

New Business Trading Underwriter

Colchester, Maidenhead, Manchester or York

Hybrid - 2-3 days in the office

The role

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

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 underwriting platform and underwriting strategy.

What you’ll be doing:

  • Underwriting our Art and Private Client Broker and direct products, in line with our underwriting strategy
  • Working towards set targets each month including conversion, GWP, profitability and productivity
  • Developing your sales skills and appreciation of sales and underwriting strategy, in collaboration with the wider teams and regions
  • Effectively negotiating 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

Our must haves

  • Experience as an underwriter within HNW Private Client
  • Household experience is a must. Art & Private Client and Motor are very nice to haves
  • A logical and analytical thinker  
  • A natural flair for building relationships, enabling you to develop close rapport with brokers
  • A collaborative team player who understands that team success is their own success
  • Become 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
  • Diploma CII qualified (or in progress) 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 2-3 days per week, in your local 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.

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