Commercial Underwriter

1 week ago

Dublin, Dublin City, Ireland beBeeBusiness Full time €55,000 - €90,000

Job Description:

This role is key in driving profitable growth within the new business underwriting team, achieving broker account targets, meeting agreed service standards and key performance objectives.

You will underwrite commercial insurance products including PI, Cyber, Management liability, Property and Liability lines of business, within a highly successful and energized team based in Dublin.

The ideal candidate will have outstanding communication and interpersonal skills combined with a proven track record of relationship management and customer focus.

They will be able to positively affect other people and to win business, communicate our products and service differentiators clearly, present to large crowds, form strong relationships with senior brokers, and think on their feet to make intelligent, innovative business decisions.

Their strong market and competitor knowledge, drive and energy, ability to work quickly and accurately, and consistent dedication and commitment will make them an excellent fit for this role.

Key Responsibilities:

  • Significant contribution to profitable underwriting in order to achieve the overall new business GWP target.
  • Underwrite, price and negotiate accounts consistent with the quality of the risk and according to the company's strategy and guidelines.
  • Effectively negotiate with both internal and external parties including identified points of contact with a brokerage.
  • Build relationships with key brokers and maintain 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.

Required Skills and Qualifications:

  • Outstanding communication and interpersonal skills.
  • Proven track record of relationship management and customer focus.
  • Able to positively affect other people and to win business.
  • Ability to communicate our products and service differentiators clearly.
  • Comfortable presenting to large crowds.
  • Able to form strong relationships with senior brokers.
  • Proven track record in business development and underwriting in the local insurance market.
  • Strong market and competitor knowledge.
  • Demonstrable drive and energy.
  • Ability to work quickly and accurately.
  • Consistent dedication and commitment.
  • Clear ability to think on your feet and make intelligent, innovative business decisions.
  • Able to make effective decisions when dealing with complex technical issues.
  • Have an eye for detail and be highly focused on producing high quality work that is 'right first time'.
  • Minimum of CIP qualified.
  • Minimum 3-5 years of experience in a related position.
  • Good market presence and relationships with Ireland's leading Insurance brokers.
  • 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 Financial Lines market.
  • Proficient in understanding and interpreting management information and translating this into actions.

What We Offer:

Work with amazing people and be part of a unique culture.

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