Underwriter, Hiscox Underwriting Center

  • Hiscox Inc.
  • USA, Chicago
  • 7mo ago
  • Full-Time
  • On-site

Job Type:

Permanent

Build 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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