Underwriter Associate, Hiscox Underwriting Center

Hiscox•Chicago, IL

1d•Hybrid

About The Position

The Hiscox Underwriting Center (HUC) is the largest underwriting team in the company, responsible for 25% of all US business. This team supports and inspires each other to win a high percentage of quotes and provide exemplary customer service through fast response and definitive answers. As an Underwriter Associate in the HUC, you will analyze, price, quote, and negotiate Professional Liability, Technology E&O, and Cyber/Privacy insurance to meet agreed service standards and key performance objectives. The volume of business is rising rapidly, and career opportunities are growing.

Requirements

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

Responsibilities

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

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
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
Modern and open office spaces, complimentary drinks