Senior Underwriter - Innovation Economy

Hiscox•Boston, MA

7d•$140,000 - $190,000•Hybrid

About The Position

The Senior Underwriter - Innovation Economy will be a key member of our traded underwriting team, responsible for underwriting and growing a profitable book of business across the innovation economy. This is a production-focused underwriting role with individual accountability for growth, profitability, retention, and overall portfolio performance. The Senior Underwriter will evaluate and underwrite businesses across Technology, Fintech, Health & Life Sciences, and Web3, utilizing a broad range of commercial insurance products and coverages. We are particularly interested in candidates with Life Sciences underwriting experience. While this individual will not own the overall Health & Life Sciences portfolio or serve as a formal practice leader, their Life Sciences expertise will make them an important resource to other members of the traded underwriting team when evaluating more complex Life Sciences risks. The ideal candidate combines strong technical underwriting skills with commercial judgment, broker relationship management, and the ability to independently manage larger and more complex accounts.

Requirements

6+ years of commercial insurance underwriting experience, preferably including meaningful experience underwriting Life Sciences companies.
Strong technical underwriting skills with demonstrated experience evaluating complex risks and making independent underwriting decisions.
Experience underwriting Professional and Specialty lines, with familiarity across multiple Commercial P&C coverages.
Experience underwriting Technology, Fintech, Life Sciences, Web3, or other emerging and high-growth businesses is strongly preferred.
Comfortable managing an individual book of business and being accountable for production, growth, profitability, and retention results.
Strong broker relationship management and negotiation skills.
Able to balance technical underwriting discipline with a commercial, solutions-oriented approach.
Comfortable working across multiple industry segments rather than specializing exclusively in one vertical.
Willing and able to share Life Sciences expertise with teammates while remaining primarily focused on individual underwriting and production responsibilities.
Strong communication, organizational, and time-management skills.
Dependable, positive, detail-oriented, and capable of managing multiple priorities with excellent follow-through.
Bachelor's degree or equivalent relevant professional experience.

Nice To Haves

Significant underwriting experience within the Life Sciences industry, including biotechnology, pharmaceuticals, medical devices, medical software, CROs, or related businesses.
Experience underwriting multiple lines of coverage, including Management Liability, Cyber, Technology E&O, General Liability, Property, and/or Excess Liability.
Experience working with startups, venture-backed companies, and high-growth businesses.
CPCU, RPLU, or other relevant insurance designation.
Active/current Property & Casualty license.
Experience working in a fast-paced or evolving underwriting environment.

Responsibilities

Own and manage an individual portfolio of traded business while developing strong relationships with our distribution partners.
Identify attractive opportunities, structure appropriate coverage, price risk, negotiate terms, and drive accounts through the underwriting process.
Underwrite risks across Technology, Fintech, Health & Life Sciences, and Web3 and develop a strong understanding of the exposures and insurance needs associated with companies throughout the innovation economy.
Serve as a resource to other underwriters when evaluating Life Sciences opportunities, sharing technical knowledge and helping the broader team develop its capabilities in this segment.

Benefits

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