Senior Underwriter, Professional Risks

Hiscox Ltd

$100K — $135K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in E&O coverage for contractors and real estate developers
  • Customer-centric mindset with a passion for superior service
  • Understanding of sales principles and strong negotiation skills
  • Team-oriented with a collaborative approach
  • Proven track record in delivering meaningful underwriting profit
  • Strong attention to detail with a results-focused mentality
  • B.A./B.S. degree preferred

Responsibilities

  • Underwrite, price, and negotiate accounts aligned with risk quality
  • Develop and strengthen broker relationships across the East Coast
  • Collaborate with the national A&E team to enhance learning
  • Maintain high standards of customer service
  • Mentor and train junior A&E team members
  • Lead quoting events with top broker partners
  • Monitor product performance to boost productivity and profitability

Benefits

  • Competitive salary and performance-based bonus
  • 401(k) plan with competitive company matching
  • Comprehensive health, dental, and vision insurance
  • 24 Paid time off days plus additional benefits for parental leave
  • 4-week paid sabbatical after every 5 years of service
  • Annual wellness reimbursement for fitness programs and health club memberships
  • Company-paid subscription to Headspace for mental health support
  • Recognition for best-in-class health and wellness programs
Full Job Description
Job Type:
Permanent

Position: Sr. Underwriter

Reporting to: Regional Manager - A&E

Location: New York, Boston, Hartford, Atlanta

The Role:

Hiscox USA is currently searching for a dynamic, engaging and solutions-oriented Sr. Underwriter to drive new professional liability business and complex renewal business within the A&E sector in the East Coast region. This position provides a unique opportunity for a professional liability generalist or an A&E/contractor specialist to join a fast paced, dynamic team to write policies tailored to the specific requirements of the A&E sector. Lines of business include commercial general liability, professional liability (E&O) and cross-sold Cyber from time to time. In addition to insuring architects and engineers, we also specialize in contractors (interior & exterior), real estate developers, construction managers, land surveyors, draftsman, and more! Risks vary greatly in size and complexity (from start-ups to large, multinational entities). We provide an entrepreneurial climate that values and rewards thoughtful risk taking, excellence in execution and ownership in body of work.

What You'll Be Doing:
  • Underwrite, price and negotiate accounts consistent with the quality of the risk and according to the company's strategy and guidelines for the product lines: https://www.hiscox.com/brokers/tailored-coverage/architects-engineers
  • Develop new broker relationships and increase depth of existing broker relationships throughout the East Coast region to drive production
  • Engage with the national A&E team to learn and teach collaboratively
  • Maintain excellent customer service standards
  • Mentor & train junior A&E teammates locally and nationally
  • Spearhead in office quoting days with top broker partners
  • Monitor product results and develop ideas to increase productivity and profitability
  • Consistently exceed minimum quote output numbers established by A&E manager
  • At times, regional travel required including industry events and broker visits


Please provide a cover letter and resume which clearly communicates that you are the person to take on this challenge at Hiscox USA. Here are some of the requirements we would ideally like to see:
  • 5+ years of experience in contractors, real estate developers and design professional E&O coverage; experience preferred
  • Customer-centric mind-set and passionate about the power of superior customer service and offerings
  • Strong understanding of sales principles, presentation, negotiation skills and demonstrate a competitive drive
  • Team-oriented, ability to collaborate and desire to share information across divisions and teams to further the overall goals of the company
  • Proven track record of understanding and delivering meaningful underwriting profit
  • Outgoing, driven, high attention to detail and results focused mentality
  • The ability to identify business needs
  • Excellent written and verbal communication skills
  • Strong interpersonal skills and ability to work independently in a collaborative environment
  • Innate service focus which enables one to effectively interact with all levels of internal and external customers and partners
  • B.A./B.S degree is preferred
  • Willingness to develop business, with travel throughout the East Coast up to 25%, required


Hiscox Values:

At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.
  • Courage: Dare to take a risk
  • Ownership: Passionate, commercial and accountable
  • Integrity: Do the right thing, however hard
  • Connected: Together, build something better
  • Human: Clear, fair and inclusive


What Hiscox USA Offers:
  • Competitive salary and bonus (based on personal & company performance)
  • 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, 2 Hiscox Days, 10 paid holidays, and ability to purchase 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 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
  • Recipient of 2024 Cigna's Well-Being Award for having a best-in-class health and wellness program
  • Dynamic, creative and values-driven culture
  • Modern and open office spaces, complimentary drinks


**Please note that this position is hybrid and requires two (2) days in our office weekly**

Salary Range: $100-$135k

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.



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