Underwriter - Terrorism

Hiscox Ltd

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

Qualifications

  • 5+ years of underwriting experience, preferably in non-standard property or terrorism insurance
  • Strong sales acumen with established relationships in the brokerage community
  • Exceptional negotiation and pricing skills within competitive environments
  • Detail-oriented mindset with a results-driven approach
  • Excellent communication skills, both written and verbal
  • Ability to work independently while collaborating effectively with teams
  • Bachelor’s degree from an accredited institution

Responsibilities

  • Underwrite and price terrorism accounts according to company strategies
  • Build and strengthen relationships with wholesale and retail brokers
  • Drive the submission of new business from brokers
  • Ensure high standards of customer service are maintained
  • Analyze product results and propose ideas for improvements
  • Prepare for potential 30% regional travel for broker visits and industry events

Benefits

  • Competitive salary and bonuses based on performance
  • 401(k) with attractive company matching
  • Comprehensive health, vision, and dental insurance with FSA options
  • Generous paid time off including 24 vacation days and sabbaticals
  • Paid parental leave and adoption assistance programs
  • Annual fitness reimbursement for wellness activities
  • Access to mental health resources including Headspace subscription
  • Recognized for top-tier health and wellness programs
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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