New Business Development Underwriter

5 months ago

Dublin, Ireland Hiscox Full time

Job Type:

Permanent

Build a brilliant future with Hiscox
 

About Hiscox: Who Are We?

Hiscox is an international specialist insurer and reinsurer. We provide market leading products and excellent service to individuals and businesses with unusual and often complicated insurance needs. A FTSE 100 company, we can trace our roots to the Lloyd’s market in 1901. We employ over 3,000 highly professional staff, have offices in 14 countries and customers all over the world.

We cover reinsurance and insurance risks that range from marine, terrorism, aerospace, technology, media and professional indemnity through to high value personal insurance, such as homes and contents, fine art, luxury motor, and kidnap and ransom, and are market leaders in many of our chosen areas.

The Role:

You will underwrite commercial insurance products including PI, Cyber, Management liability, Property and Liability lines of business, within a highly successful and energized team. This role is key in driving profitable growth within the new business underwriting team, both in delivering personal income and broker account targets whilst also meeting agreed service standards and key performance objectives. You will have a strong focus on building rapport and relationships with and delivering a superb service to our broker partners and will actively identify opportunities to cross-sell using market leading internet technology.

What You’ll Be Doing:

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.

To effectively negotiate with both internal and external parties including identified points of contact with a brokerage.

Building relationships with key brokers and very 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.

Ability to work quickly and accurately and to consistently show the Hiscox ‘going the extra mile’ dedication and commitment in a fast growing and demanding area of the business.

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.

Be passionate about delivering superior service.

Full clean driving license

Key Competencies:

Graduate (2.1 or above or equivalent) and have completed the CIP qualification.

Good knowledge of commercial underwriting process and product landscape is a plus.

Minimum 2 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.


Work with amazing people and be part of a unique culture

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