Underwriter - Events Cancellation (Contingency)
2d ago

Job Description :

Development Underwriter Events

Working within the Specialty division you will responsible for driving the profitable growth of our Events business at a time when we have ambitious growth plans post pandemic.

You will join an established and high performing team who operate within a fast paced environment. You will need lots of energy to contribute to our winning team whilst driving your own relationships (internal & external) and pipeline.

You will be involved in product development, case underwriting and dealing with some of the largest clients and brokers in the events sector.

It is therefore essential that you are technically astute, have strong relationship management skills and are driven by an exceptional service ethic.

What you’ll be doing

Underwriting :

  • Profitable case underwriting of new, mid-term and existing business
  • Tackling some of our largest, most internationally diverse clients, adhering to Lloyd’s minimum standards at all times when writing on syndicate capacity
  • Effectively negotiate with both internal and external parties
  • Broker and client visits as required on new and existing cases
  • Liaison with the UK regional offices to develop and write events business for that region
  • Write a targeted amount of new and existing business each year including cross-sell and up-sell
  • Optimise your conversion, profit and productivity whilst maintaining the target underwriting model
  • Product & wording development, keeping abreast of new risks and exposures within the sector to ensure Hiscox market leading position is maintained
  • Pro-active internal & external development :

  • Increase Hiscox’s events profile both internally and externally
  • Develop a strong new business pipeline; including individual large prospects
  • Forge strong professional relationships with our key brokers
  • Keep abreast of the competitive landscape from market moves to new product launches
  • Promote and develop events products in the regional offices, including training of local underwriters and brokers as required
  • A deep understanding of your brokers and the development opportunities in the events sector
  • Continually improve your broker and customer interactions using the Hiscox coaching framework
  • Superb service :

  • Be a trusted advisor for our brokers, become their go to Underwriter in the market
  • Person Specification :

    Must have :

  • Ability to set and execute a clearly defined strategy to achieve our ambitions for this sector
  • Experienced Underwriter with a proven track record of successful underwriting
  • In depth knowledge of competitors, products and propositions within the market
  • In depth knowledge of the Events Sector and understanding of current and emerging trends that will influence Insurance Purchase
  • Degree qualified, although this is not a pre-requisite for an exceptional underwriter
  • ACII qualified, or progression towards this
  • Outstanding communication and interpersonal skills
  • Analytical proactive and creative, can think on their feet and outside the box’
  • Ability to distil complex issues into clear, simple strategies and plans.
  • The energy to play the long game (persistence / tenacity) and demonstrable drive, self-motivation and determination to achieve results
  • Consistently demonstrates behaviours in line with the core values of Hiscox
  • Strong market and competitor knowledge
  • Experience of developing new product and propositions
  • Extensive knowledge of underwriting data and historical performance of our underwriting specialities
  • Previous leadership experience, with the ability to deliver exceptional results through others
  • Diversity and flexible working at Hiscox

    AtHiscox 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.


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