Underwriter

  • Hiscox

  • US - US

  • November 20, 2024

  • Share :

Job Type:
Permanent
Build a brilliant future with Hiscox
About Us:
Hiscox is a leading provider of insurance solutions, specializing in professional liability coverage for various industries. We are committed to delivering exceptional service and tailored products to our clients. Join our dynamic team and contribute to our mission of providing top-notch insurance solutions.
About You:
Bachelor's Degree or equivalent
Bilingual in Spanish and English is required - Portuguese is a plus
Minimum 1-3 years Underwriting experience from either an insurance or reinsurance background
Excellent written and verbal communication skills
Excellent critical reasoning, numerical reasoning, problem solving, analytical and creative thinking skills
Technical and presentation skills suitable for a professional environment
Strong interpersonal skills: able to engage clients, brokers and colleagues and gain their trust as a partner and collaborator.
Ability to produce and work with system- generated reports.
Highly collaborative and versatile, with the ability to work effectively both independently and as part of a team.
Strong organizational skills, ability to prioritize and multi - task
What You'll Be Doing:

You'll be underwriting our Political Violence products in line with our high standards
Negotiate with brokers on new and renewal business and involve senior management in the process as needed.
Negotiate with brokers on endorsements
Working towards setting targets each month including profitability, conversion and productivity
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
Travel as required to meet with clients and brokers, attend and conduct client reviews, and attend industry conferences.
Bring strong external brokers and client relationships to the Hiscox team
Other tasks provided from Manager
Our Must Haves:

A logical and analytical thinker
An excellent communicator with the ability to present and articulate your thinking
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 Degree qualified and working towards Diploma CII or exempt through relevant experience as defined by the FCA
Ability to work in a fast-paced and demanding environment
What We Offer:

401(k) with competitive company matching
Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
Company paid group term life, short- term disability and long-term disability coverage
24 Paid time off days plus 2 Hiscox days,10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 5 PTO days
Paid parental leave
4-week paid sabbatical after every 5 years of service
Financial Adoption Assistance and Medical Travel Reimbursement Programs
Annual reimbursement of up to $600 for health club membership or fees associated with any fitness program
Company paid subscription to Headspace to support employees' mental health and wellbeing
2023 Gold level recipient of Cigna's Healthy Workforce Designation for having a best-in-class health and wellness program
Dynamic, creative and values-driven culture
Modern and open office spaces, complimentary drinks
Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation

Salary Range: 70-80k
• Please note this position is hybrid and requires four (4) days in office weekly*
• LIRM-1
Work with amazing people and be part of a unique culture

Read the full job description and apply online on the recuiter's web-site

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