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
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