Existing Business Underwriting sits with Distribution with teams located throughout the UK mainly in our regional underwriting hubs including Colchester and York. The team forms part of Hiscox UK’s central distribution operations function and are responsible for the volume underwriting of our referrals across existing business. The team directly influences the delivery of portfolio underwriting targets and plays a pivotal role in the portfolio change cycle.
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
- Underwrite Art and Private Client products to high standards.
- Underwrite across both direct and broker distribution channels for high‑value household, motor, overseas property and travel insurance policies.
- Work towards a balanced business scorecard of performance accountabilities, including targets across growth, retention and broker experience.
- Develop sales skills and appreciation of sales and underwriting strategy in collaboration with wider teams and regions.
- Effectively negotiate with both internal and external parties and identify points of contact within brokers.
- Challenge non‑standard underwriting decisions leveraging expertise of product specialists and underwriting managers.
- Show courage and innovation by spotting process improvements to enhance customer experience and drive profitable growth.
Our Must-Haves
- Experience as an underwriter within personal lines business.
- A logical and analytical thinker.
- A natural flair for building relationships enabling close rapport with brokers.
- A collaborative team player who understands that the team’s success is their own success.
- An ambassador of Hiscox, demonstrating ‘going the extra mile’ dedication and commitment in a fast‑growing and demanding area of the business.
- Ambitious and driven, able to self‑motivate and achieve results.
- Ideally Diploma CII qualified or exempt through relevant experience as defined by the FCA.
About Hiscox
As an international specialist insurer, we are far removed from the world of mass‑market insurance products. We are selective and focus on our key areas of expertise and strength, underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things. We ensure the unique and the interesting. We search for talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.
Diversity and Flexible Working at Hiscox
We care about our people and are committed to diversity and creating a truly inclusive culture, which we believe drives success. Working life does not always have to be in the office, so we have introduced hybrid working to encourage a healthy work‑life balance. 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.
HNW Underwriter in Colchester employer: Hiscox
Hiscox SA is an excellent employer, offering a dynamic work environment that fosters innovation and collaboration in the field of cyber security. With a hybrid work model, employees enjoy flexibility while benefiting from a comprehensive package that supports their professional growth and well-being. The company prioritises employee development and engagement, making it a rewarding place for those looking to make a meaningful impact in the realm of AI and risk protection.
