Underwriter, Professional Risks

Hiscox•Chicago, IL

13d•$70,000 - $100,000•Hybrid

About The Position

Hiscox USA is seeking a dynamic and solutions-oriented Underwriter to drive new professional liability business and complex renewal business within the MPL sector in the West Coast region. This role offers a unique opportunity for a professional liability specialist to join a fast-paced team writing policies tailored to the specific requirements of the MPL sector. Lines of business include commercial general liability, professional liability (E&O), and occasionally cross-sold Cyber. The company specializes in various industries including accountants, real estate agents, property managers, trustees, consultants, freight forwarders, staffing firms, TPAs, associations, and more. Risks handled vary greatly in size and complexity, from start-ups to large, multinational entities. Hiscox provides an entrepreneurial climate that values and rewards thoughtful risk-taking, excellence in execution, and ownership.

Requirements

3+ years of experience in 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 West Coast up to 25%, required.

Responsibilities

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: Miscellaneous Professional Liability Insurance.
Develop new broker relationships and increase depth of existing broker relationships throughout the Southeast & East Coast region to drive production.
Engage with the national MPL team to learn and teach collaboratively.
Maintain excellent customer service standards.
Consistently exceed minimum quote output numbers established by MPL manager.
Regional travel required at times, including industry events and broker visits.

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
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