Hiscox

Senior Underwriter

USA, Chicago Full time

Job Type:

Permanent

Build a brilliant future with Hiscox
 

Senior Underwriter – Consumer Products & Hardware

Role Responsibilities:

As a Senior Underwriter, you will be a key member of the Underwriting team. Further, you will act as the Consumer Products and Hardware subject matter expert for underwriting across all products and coverage. You will underwrite larger and more complex accounts while also acting as the vertical leader for Consumer Products and Hardware.

Over time you will be responsible for building out our Consumer Products and Hardware Advisor team and managing the book comprehensively in partnership with our Account Management team. While growing the team, you will shift your personal focus up-market to bring in and manage the highest value clients.

Job Duties:

  • Own the key performance indicators for our Consumer Products and Hardware book of business from brand-building to client acquisition and retention

  • Build and manage the Corix Consumer Products and Hardware practice by helping the team deepen their understanding of these risks across a number of lines. 

  • Act as a center of excellence by guiding a hyper-effective team and help write the playbook for the Consumer Products and Hardware category

  • Assist in development and implementation of underwriting guidelines for the Consumer Products and Hardware book of business

  • Collaborate with key distribution partners to expand Consumer Products and Hardware capabilities

  • Educate our colleagues and distribution partners as the expert on Consumer Products and Hardware insurance

About You:

  • Ready to guide and influence an exceptionally talented team to expand and improve their understanding of Consumer Products and Hardware with an emphasis on Product Liability

  • Excited by the challenge of solving hard and ambiguous problems in complex situations

  • Deep expertise and relationships within Commercial P&C insurance industry

  • Familiarity with Commercial P&C coverage lines (Professional and Specialty lines)

  • 6+ years of insurance, sales, business development, or similar experience related to the Consumer Products & Hardware space

  • Strong communication and organizational skills

  • Dependable, positive, and detail-oriented with excellent follow-through skills

  • Bachelor's degree

Nice to Have:

  • Bachelor's Degree (in Business, Insurance & Risk Management or a related field a plus)

  • CPCU or RPLU

  • Active/Current Property and Casualty License

  • Exposure to and passion for early-stage startups and/or high growth environments

What We Offer:

  •  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 

Salary Range: $100-$140k

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, education, training, credentials and experience of the candidate; and other conditions of employment.

**Please note that this position is hybrid and requires two (2) days in our office weekly**

About Hiscox:

As an international specialist insurer, we are far removed from the world of mass market insurance products. Instead, we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.

Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.

Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.

About Hiscox US:

Hiscox USA was established in 2006 to focus on the needs underserved and specialty commercial clients via both the regional broker and direct distribution channels and is today the fastest-growing business unit within the Hiscox Group.

Today, Hiscox USA has a talent force of about 400 employees mostly operating out of 6 major cities - New York, Atlanta, Dallas, Chicago, Los Angeles and San Francisco. Hiscox USA offers a broad portfolio of commercial products, including technology, cyber & data risk, multiple professional liability lines, media, entertainment, management liability, crime, kidnap & ransom, commercial property and terrorism.

You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance)

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