Hybrid VP, Underwriting

Posted last month

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About the role

  • VP, Corix Underwriting responsible for managing underwriter talent and executing profitable growth strategies at Hiscox. Leading sales and portfolio management with a focus on organizational performance.

Responsibilities

  • Develop a strong and high performing team
  • Participate in the identification and hiring of underwriting talent.
  • Train new Underwriters, and coordinate with others, to establish training to optimize growth and loss ratio performance of the underwriting team
  • Provide continual coaching and feedback to a team of high-performing Vertically focused Underwriters for the Corix business
  • Drive underwriting strategy and underwriting guidelines
  • Manage the team and business to key underwriting KPIs, such as quote rates, bind rates, renewal rate change, etc.
  • Oversee and be accountable for the Corix business P&L
  • Act as key lead in identifying and executing profitable expansion opportunities
  • Actively manage renewal workflows nationally and drive favorable outcomes on a proactive basis
  • Collaborate with insurance innovation, CUO, product, actuarial, claims and marketing

Requirements

  • Eight or more years of insurance underwriting experience in multiple commercial P&C lines of business, management liability and/or cyber and E&O preferred
  • 5 - 8 years of experience in a team lead role / managing a team of underwriters
  • Proven track record of sale experience - working with brokers, developing and expanding a book of business;
  • Exemplary sales skills which include pipeline, prospecting, negotiating, and closing.
  • Strong portfolio management experience.
  • Strong wholesale and retail broker relationships, preferred in tech and/or life sciences
  • B.A./B.S degree in Business, Finance, Economics, Risk Management or a related field is preferred
  • A professional underwriting designation is preferred e.g. CPCU, RPLU.

Benefits

  • 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 plus 2 Hiscox days, 10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 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
  • Spirit of volunteerism, social responsibility, and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation

Job title

VP, Underwriting

Job type

Experience level

Lead

Salary

$200,000 - $250,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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