VP, Corix Underwriting

Job Title

VP, Corix Underwriting

Permanent

Boston, Chicago, Hartford, LA, New York, Atlanta

SVP, Corix and Head of Strategic Integration

• Talent Development
  • Develop a high‑performing team.
  • Identify and hire underwriting talent.
  • Train new Underwriters and coordinate training to optimize growth and loss ratio performance.
  • Provide continual coaching and feedback to a team of Vertically focused Underwriters for the Corix business, focusing on growth, service and profitability goals.
  • Develop and establish Vertical Centers of Excellence (COEs), including regular forums and reporting, and ensure COEs influence underwriting rules, coverage changes, guidelines and pricing.
  • Retention and Talent Development – elevate performance, upskill talent as necessary.
  • Coordinate with the Corix Leadership Team to ensure metric reporting assesses progress to goals, and provide regular feedback for optimal results.
• Profitable Growth
  • With input from the Corix Leadership Team and CUO, drive underwriting strategy and guidelines.
  • Execute national plans for the Corix business: marketing initiatives, broker relationships, new business growth activity, and meet/exceed budget expectations.
  • Lead Monthly and Quarterly Business Review efforts.
  • Manage the team and business to key underwriting KPIs such as quote rates, bind rates, renewal rate change, etc.
  • Manage UW productivity, partnering with the Corix Leadership Team to increase straight‑through processing.
  • Ensure industry‑leading responsiveness to trading partners.
  • Obtain senior‑level underwriting authority and take referrals for the team, working closely with Practice Leader and CUO on complex referrals.
• Portfolio Management
  • With input from actuary, CUO and peers, oversee and be accountable for the Corix business P&L and portfolio volatility.
  • Execute product management strategies with underwriters and brokers to achieve profitable growth, aided by the Corix Leadership Team:
    • Lead identification and execution of profitable expansion opportunities.
    • Deliver rate and book mix according to business plans and actuarial targets.
    • Continuously drive portfolio optimization by reshaping underwriting rules, pricing and guidelines.
  • Develop and deliver a regular underwriting review forum (Underwriting M /Q ).
  • Analyze reports to identify growth and loss drivers and make data‑driven recommendations.
• Sales and Broker Management
  • Work with Business Development Manager to build and maintain underwriting pipelines nationally.
  • Maintain strategic travel for all UWs and provide quarterly marketing strategy to SVP, Corix and Head of Strategic Integration.
  • Be nationally visible: influence practice leads, media, broker presentations, conferences, and drive marketing and new business development.
  • Actively manage renewal workflows nationwide and deploy standardized tools to secure maximum retention.
  • Oversee underwriting, pricing and negotiation of accounts to win new business and retain renewals, consistent with Hiscox guidelines and profitability targets.
  • Develop new relationships within existing brokers and maintain the national broker base.
• Cross‑Functional Collaboration
  • Provide feedback to insurance innovation, CUO, product, actuarial, claims and marketing on ways to remove barriers, enhance performance, and increase partner value.
• Person Specification
  • Eight or more years of insurance underwriting experience in multiple commercial P&C lines, management liability and/or cyber and E&O (preferred).
  • 5–8 years in a team‑lead or UW managing role.
  • Proven sales experience with brokers: pipeline, prospecting, negotiation and closing.
  • Strong portfolio management experience, including wholesale and retail broker relationships (tech and/or life sciences preferred).
  • B.A./B.S. in Business, Finance, Economics, Risk Management or related field (preferred).
  • Professional underwriting designation preferred (e.g., CPCU, RPLU).
• Ideal Candidate Will Also Possess
  • Strong understanding of sales principles, negotiation skills and competitive drive.
  • Excellent interpersonal, independent and collaborative skills.
  • Customer‑service mentality for all customer and partner interactions.
  • Business‑needs identification and…