New Business Lead - Midlands Region

Hiscox; Birmingham; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading insurance provider in Birmingham is seeking a New Business Lead to oversee the Regional New Business team. The ideal candidate will drive profitable growth, develop a strong performance culture, and have extensive experience in commercial insurance underwriting. This role offers a hybrid working model and opportunities to work with a diverse team.

Benefits

Employee benefits for wellbeing

Flexible work-life balance

Diversity and inclusion initiatives

Qualifications

• Experience leading a high performing team or demonstrating necessary capabilities.
• Ability to influence stakeholders effectively.
• Strong track record trading with brokers.

Responsibilities

• Lead the Regional New Business team to deliver profitable growth.
• Develop a performance culture to drive growth.
• Underwrite larger commercial cases.

Skills

Team leadership

Commercial insurance underwriting

Sales strategy development

Relationship management

Education

ACII qualification or equivalent experience

Job description

New Business Lead - Midlands Region page is loaded## New Business Lead - Midlands Regionlocations: UK, Birmingham: UK, Colchestertime type: Full timeposted on: Posted Yesterdayjob requisition id: R0018205**Job Type:**Permanent**Build a brilliant future with Hiscox****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**You will join an established and high performing team and bring your drive to contribute to our growth aspirations whilst driving your own relationships (internal & external) and pipeline. Reporting to the Regional Manager, you will Lead the New Business team to deliver the profitable growth of the Regions Open Market Commercial business, including our strategic sectors. We are ideally looking for someone with experience writing Commercial insurance classes and experience leading a high performing team.**What you’ll be doing*** Lead the Regional New Business team to deliver profitable growth* Develop a performance/sales culture within the region to drive growth and performance of all members of your team* Be recognised as an experienced underwriter within your region by internal stakeholders and brokers* Underwriting larger, more complex commercial cases consistently and profitably* Working closely with the Regional Distribution Manager to set and the lead the regional sales strategy* Undertake underwriting and sales visits to larger clients and prospects* Developing close, effective relationships with brokers to develop new opportunities to significantly contribute to the team new business targets* Lead the team to increase the number of and improve the quality of prospects in your team, and increase conversion of these submissions* Building product specific knowledge and sales skills amongst underwriters* Understanding of the underwriting lifecycle including policy wordings, pricing & claims* Understanding of pricing a risk and the factors that can affect pricing* Good knowledge of the insurance market, industry, competitors, brokers and factors that can affect the market including soft/hard markets**Our must-haves:*** Experience leading a high performing team or demonstrating the capabilities required to do this successfully* Demonstrate a hunger for winning business and developing this culture across the team* Good experience performing at a senior underwriter level* A strong track record trading with brokers to deliver growth* A strong track record in making sound underwriting decisions, driving top and bottom-line growth* A deep understanding of Commercial Lines of Business* Strong communication, relationship management and interpersonal skills with demonstrable ability to effectively influence key stakeholders* Able to make intelligent and innovative business decisions* An appreciation and understanding of legal and regulatory guidelines* Ideally ACII qualified 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 operate a hybrid working model, 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.*Work with amazing people and be part of a unique culture*If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.