Underwriter - Terrorism

Hiscox Ltd

$75K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of sales experience, preferably in insurance
  • Established relationships with wholesale property and general liability brokers
  • Strong attention to detail and results-oriented mindset
  • Excellent negotiation skills and competitive drive
  • B.A./B.S. degree from an accredited college or university

Responsibilities

  • Underwrite, price, and negotiate terrorism accounts per company guidelines
  • Develop new relationships with brokers and enhance existing ones
  • Drive flow of qualified new business submissions from brokers
  • Provide excellent customer service
  • Monitor product results and propose strategies for increased profitability
  • Travel up to 30% regionally for broker visits and industry events

Benefits

  • Competitive salary and performance-based bonuses
  • 401(k) with generous company matching
  • Comprehensive health insurance, including vision and dental
  • Company-paid life and disability insurance
  • 24 Paid time off days plus additional Hiscox Days and holidays
  • Paid parental leave
  • 4-week paid sabbatical after every 5 years of service
  • Health club membership reimbursement of up to $600 annually
  • Paid subscription to Headspace for mental health support
  • Recognized for best-in-class health and wellness program
  • Dynamic and inclusive company culture
  • Modern office environment with complimentary drinks
Full Job Description

Job Type:

Permanent

Position: Underwriter, Terrorism

Reporting to: Head of US Terrorism

Location: Atlanta, Chicago

The Role:

Hiscox is an established market for Terrorism with a broad range of solutions including Active Shooter & Malicious Attack, Terrorism Liability, Sabotage, NCBR and Malicious Acts. We have a highly collaborative culture where your contribution is crucial to the ambitious goals of our growing US Business Unit. At Hiscox, we supply the resources and you’re expected to use them to write profitable business in a competitive environment. This is not a status quo P&C underwriting environment where the few carry the many. Here you will use your positive attitude, industry knowledge and ambition to create a pipeline of business, place good risks, and be a trusted advisor to Terrorism brokers.

What You’ll Be Doing:

  • Underwrite, price and negotiate accounts consistent with the quality of risk and according to the company’s strategy and guidelines for the Terrorism product line

  • Develop new relationships and increase productivity of existing relationships with wholesale and retail brokers

  • Drive flow of qualified new business submissions from appointed brokers

  • Maintain excellent customer service standards

  • Monitor product results and develop ideas to increase productivity and profitability

  • At times, 30% 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:

  • Experience in sales is ideal, and experience in insurance with established relationships with wholesale property and general liability brokers is a plus

  • Determination to succeed in a fast paced environment

  • Outgoing, driven, high attention to detail and results focused mentality

  • The ability to identify business needs

  • Strong understanding of basic sales principles, negotiation skills and demonstrate a competitive drive

  • 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 from an accredited College or University

Hiscox Values:

At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.

  • Courage: Do the right thing however hard

  • Quality: World class where it matters

  • Integrity: True to our word

  • Excellence in Execution: Consistent, timely, efficient delivery

  • Human: Firm, 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: $75-$100k

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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