Underwriter, Hiscox Underwriting Center
- Hiscox Inc.
- USA, Chicago
- 7mo ago
- Full-Time
- On-site
Job Type:
PermanentBuild a brilliant future with Hiscox
Underwriter – Hiscox Underwriting Center
The Role and The Team:
When you visit somewhere and see a picture hanging on the wall that’s a little out of whack – do you find yourself levelling it? And do you look for a tool, maybe an app on your phone, to help because you want to make it perfect? Well, we may have the team for you, perfectionist: The Hiscox Underwriting Center (HUC), where existing and selected new business is underwritten, is the largest underwriting team in the company and responsible for 25% of all US business! We are a team of busy organizers and get-stuff-doners who support and inspire each other to win a high percentage of quotes and provide exemplary customer service based on fast response and definitive answers.
As an Underwriter in the HUC, you will analyze, price, quote and negotiate insurance policies to meet agreed service standards and key performance objectives. The volume of business is rising rapidly, and career opportunities are growing so tell us about yourself today and we’ll get right back to you.
What You’ll Be Doing as an Underwriter:
Underwrite, analyze, price and negotiate renewal accounts consistent with the quality of the risk and according to the company’s strategy and guidelines
Develop relationships and maintain existing relationships with regional brokers and other Hiscox underwriters in the various Hiscox offices around the US
Achieve production targets and underwrite business profitably in a high-volume environment
Responding to broker inquiries
Person Specification:
Strong interpersonal skills and ability to work in a collaborative environment
Ability to effectively interact with all levels of internal and external personnel, including underwriting colleagues in other Hiscox offices, brokers, and customers
Desire to learn and increase product knowledge and underwriting skill
Strong skills in Microsoft Office (Excel, Word, PowerPoint and Outlook) and Internet applications
Excellent written and verbal communication skills
No college degree required
Nice to haves:
Experience underwriting small business (Commercial insurance) accounts in a volume environment is preferred
Experience handling complex customer transactions in a “call-center” operation
What We Offer:
401(k) with competitive company matching
Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
Company paid group term life, short- term disability and long-term disability coverage
24 Paid time off days plus 2 Hiscox days,10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 5 PTO days
Paid parental leave
4-week paid sabbatical after every 5 years of service
Financial Adoption Assistance and Medical Travel Reimbursement Programs
Annual reimbursement of up to $600 for health club membership or fees associated with any fitness program
Company paid subscription to Headspace to support employees’ mental health and wellbeing
2023 Gold level recipient of Cigna’s Healthy Workforce Designation for having a best-in-class health and wellness program
Dynamic, creative, and values-driven culture
Modern and open office spaces, complimentary drinks
Spirit of volunteerism, social responsibility, and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation
Salary Range: $60 – $75k
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
**Please note that this position is hybrid and requires two (2) days in our office weekly**
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Work with amazing people and be part of a unique culture