Underwriter, Professional Risks

Job Type: Permanent

Position:
Underwriter

Reporting to:
Regional Manager – MPL

Location:

Chicago, IL

The Role:

Hiscox USA is currently searching for a dynamic, engaging and solutions-oriented Underwriter to drive new professional liability business and complex renewal business within the MPL sector in the West Coast region. This position provides a unique opportunity for a professional liability specialist to join a fast paced, dynamic team to write policies tailored to the specific requirements of the MPL sector.

Lines of business include commercial general liability, professional liability (E&O) and cross-sold Cyber from time to time. We also specialize in accountants, real estate agents, property managers, trustees, consultants, freight forwarders, staffing firms, TPAs, associations, and more! Risks vary greatly in size and complexity (from start-ups to large, multinational entities). We provide an entrepreneurial climate that values and rewards thoughtful risk taking, excellence in execution and ownership in body of work.

• 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 | Hiscox
• 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
• At times, regional travel required including industry events and broker visits

• 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

• Courage:
  Dare to take a risk
• Ownership:
  Passionate, commercial and accountable
• Integrity:
  Do the right thing, however hard
• Connected:
  Together, build something better
• Human:
  Clear, fair and inclusive

• 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, and 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

Hybrid position: requires two (2) days in our office weekly.

Salary Range: $70-$100k

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, training, credentials and experience of the candidate; and other conditions of…