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Job Details

Ireland Desk Underwriter
  • Job ID: 8080
  • Department: Underwriting
  • Employment type: Fixed Term Contract - Full Time
  • Location(s): Lisbon
  • Preferred education: Degree or equivalent


Job Description:

The Role

Working within the Hiscox Underwriting Team, you  will be accountable for underwriting and renewing a caseload of existing Professional Indemnity and Commercial Risks for our Republic of Ireland Business.  You will actively identify opportunities to cross-sell and have a strong focus on building rapport with, and delivering a superb service to our broker partners.

 

Key Requirements

  • Underwrite, price and negotiate accounts consistent with the quality of the risk and according to the company’s strategy and guidelines for the Professional Indemnity and Commercial risks product line
  • Develop new relationships and maintain existing relationships with brokers
  • Work with operations, claims, finance and internal and external marketing to build products and contribute to the financial performance of the business unit
  • Maintain excellent service standards
  • Monitor product results and develop ideas to increase productivity
  • Maximize the retention of existing renewals and handle mid-term adjustments on existing business
  • Contribute to growing the existing business income through cross-sell and up-sell
  • To deal quickly and efficiently with a large volume requests from Brokers
  • To effectively negotiate with both internal and external parties including identified points of contact within a brokerage
  • Maintain profitability of the account by making sound and consistent individual underwriting decisions
  • To identify and challenge non-standard underwriting decisions within the Technical Underwriting Guide (TUG) with a reasoned referral to a product expert or senior underwriter
  • To regularly challenge convention, writing ‘non-standard’ business and able to take decisive action on loss making business
  • Take ownership of the performance of your region’s account, identifying non-performing accounts in terms of key performance indicators (e.g. retention and profitability) and take appropriate action or flag with the relevant people

 

*LI-POST

Person Specification:

Person Specification

  • Excellent written and verbal communication skills both in English.
  • 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;
  • 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
  • Demonstrable drive, self-motivation and determination to achieve results
  • Able to apply consideration to potential outcomes and to make decisions with in difficult and complex situations
  • Team player
  • Consistently demonstrates behaviors conducive to achieving both personal and team objectives, in line with the core value of Hiscox

*LI-POST