Senior Development Underwriter

Hiscox; Maidenhead; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance company is seeking a Senior Development Underwriter in Maidenhead. This role involves overseeing profitable growth in the South Region, focusing on professional indemnity insurance and building strong relationships with brokers. Candidates should have significant underwriting experience and a track record of driving growth. The position supports hybrid working, encouraging a balanced work-life approach while attending meetings in the office once a week.

Benefits

Great employee benefits

Flexible working schedule

Hybrid work model

Qualifications

• A strong track record in making sound underwriting decisions.
• Understanding of the underwriting lifecycle including policy wordings.
• Ability to influence key stakeholders.

Responsibilities

• Drive profitable growth within strategic sectors.
• Oversee underwriting for complex commercial cases.
• Build relationships with brokers to develop new opportunities.

Skills

Experience at a senior underwriter level

Strong communication and interpersonal skills

Experience with professional indemnity insurance

Strong track record trading with brokers

Education

ACII qualified or equivalent experience

Job description

Senior Development Underwriter page is loaded## Senior Development Underwriterlocations: UK, Maidenheadtime type: Full timeposted on: Posted Todayjob requisition id: R0018488**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 Team**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.**The Role**Reporting to the Regional Manager, you will assist leading the profitable growth of the South Region Professions and Specialty Commercial business. In this role you will be responsible for driving the profitable growth within our strategic sectors. We are ideally looking for someone with experience writing Professional Indemnity insurance. You will be expected to trade and write all lines of business including MLP, Cyber, Property and Casualty to facilitate a package policy offering.**What you’ll be doing*** Being recognised as an experienced underwriter within your region by your brokers, owning a broker panel for development* Underwriting larger, more complex commercial cases consistently and profitably* Leading the setting and execution of the local underwriting strategy for your specialist area in conjunction with the Regional Manager and Regional Underwriting Manager* Influencing the UK Product Heads on underwriting appetite and strategy* Leading underwriting in your specialist area by taking referrals of more complex risks (possibly from outside the region)* Leading underwriting and sales visits to larger clients and prospects* Ensuring that the target retention rate for the region is achieved, handling some cases yourself* Developing close, effective relationships with brokers to develop new opportunities to significantly contribute to the team new business targets* Increasing submission & conversion numbers through large client prospecting* 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:*** 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 the professional indemnity line of business* Strong communication, relationship management and interpersonal skills with demonstrable ability to effectively influence key stakeholders* Demonstrates a hunger for winning business* 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 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.Our 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.**We’re also flexible on location; however, the role will support brokers across the South and South West. The successful candidate will be expected to spend one day per week in a Hiscox office and attend monthly team meetings in Maidenhead or London.***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.