Senior Development Underwriter

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As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting. And we search for the same when it comes to 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.

Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.

Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.

You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance)

The Role:

This is a key development and underwriting role within Hiscox's Irish branch. You will be responsible for developing and managing key partner accounts while also underwriting commercial insurance products including Professional Indemnity, Cyber, Management liability, Property and Liability lines in addition to presenting your expertise to the market in our chosen sectors. You will operate within a highly successful and energized team. This role is key in driving profitable growth within the new business underwriting team, as one of the leading senior underwriters where you will be responsible for both delivering personal income and broker account premium targets whilst also ensuring that we drive a profitable underwriting result. You will have a strong focus on strategic account management, building rapport and relationships with our broker partners while also ensuring that we deliver a superb service to these brokers from our operations unit that looks after our smaller business. You will actively identify opportunities to deliver portfolio solutions and schemes to assist with the growth of our business.

What You'll Be Doing:

• Significant contribution of new business premium to help the team achieve the overall new business GWP target.
• Underwrite, price and negotiate larger accounts consistent with the quality of the risk and according to the company's strategy and guidelines.
• Assist in the growth and development of the junior members of the sales underwriting team through coaching and taking of underwriting referrals.
• To effectively negotiate with both internal and external parties including identified senior points of contact with a brokerage.
• Owning and managing relationships with key broker partners and very providing a strong local market presence.
• Maintain profitability of the account by making sound individual underwriting decisions.
• Ensure underwriting file integrity by documenting file in line with U/W management requirement.
• Support both the Head of sales and distribution and underwriting manager on understanding the Irish insurance landscape.

Person Specification:

• Outstanding communication and interpersonal skills combined with a proven track record of customer focus. Able to positively affect other people and to win business.
• Ability to communicate our products and service differentiators clearly.
• Strong market and competitor knowledge.
• Demonstrable drive and energy to move yourself and the business forward.
• Growth mindset and desire to develop your personal capabilities and assist those around you to achieve their goals.
• Clear ability to think on your feet and make intelligent, innovative decisions.
• Have an eye for detail and be highly focused on producing high quality work that is "right first time".
• Consistently demonstrates behaviors conducive to achieving both personal and team objectives in line with the core values of Hiscox.
• Be an effective contributor to the team, ready to play any part to deliver the team and Hiscox' s overall goals.
• Full clean driving license
• Graduate (2.1 or above or equivalent) and have completed the CIP qualification.
• Good knowledge of commercial underwriting processes and product landscape is a plus.
• Minimum 5 years of experience in a related position.
• Good understanding of how the Irish market and the main players and segments within it operate.
• Good knowledge of the competitor landscape and other offerings.
• Understanding of the Hiscox differentiators in the Irish market.

Diversity And Flexible Working At Hiscox

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 5 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.

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.

Work with amazing people and be part of a unique culture