Senior Financial Lines Underwriter

Job Overview

London, England
Job Type
Full Time
£60,000 - £80,000 Per Year
Date Posted
24 days ago

Additional Details

Job ID
Job Views

Job Description

Senior Financial Lines UnderwriterManchesterReporting to the Branch Manager, you will assist leading the profitable growth of the Manchester Branch's Professions and Specialty Commercial business, operating across our broker panel in the South of England. Your focus will be on PI and larger commercial business therefore it is important you consider these to be specialist areas of knowledge. What You'll Be Doing Being a brand ambassador for your region as a recognised and experienced underwriter within your region by your broker partners Underwriting professional indemnity and 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 Branch 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 contribute to the team new business targets Increasing submission & conversion numbers through large client prospecting Building product specific knowledge and sales skills amongst underwriter Our Must Haves Excellent and in-depth knowledge of specific financial lines of business and appetite 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 Strong communication, relationship management and interpersonal skills 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 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 also understand that working life doesn't always have to be 'nine to five' and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.#LI-AY1


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