Hiscox

Underwriter, Professional Risks

Chicago Full time

Job Type:

Permanent

Build a brilliant future with Hiscox
 

Drive growth with an ambitious team of A&E Underwriters at Hiscox

Position: Underwriter

Reporting to Regional Manager– A&E

Location: Chicago, Los Angeles  

The Role:

Hiscox USA is currently searching for a dynamic, engaging and solutions-oriented Underwriter to drive new professional liability business and handle complex renewal business within the A&E sector in the Mid-West/West Coast regions.

This position provides a unique opportunity for a professional liability generalist or an A&E/construction specialist to join a fast paced, dynamic team to write policies tailored to the specific requirements of the A&E sector. Lines of business include commercial general liability, professional liability (E&O) and cross-sold Cyber from time to time. In addition to insuring architects and engineers, we also specialize in contractors (interior & exterior), real estate developers, construction managers, land surveyors, draftsman, 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.

What you’ll be doing:

  • 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: https://www.hiscox.com/brokers/tailored-coverage/architects-engineers

  • Develop new broker relationships and increase depth of existing broker relationships throughout the Mid-West & West Coast regions to drive production

  • Engage with the national A&E team to learn and teach collaboratively

  • Maintain excellent customer service standards

  • Consistently exceed minimum quote output numbers established by A&E manager

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

Please provide a cover letter and resume which clearly communicates that you are the person to take on this challenge at Hiscox USA. Here are some of the requirements we would ideally like to see:

  • 3+ years of experience in contractors, real estate developers and design 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 Mid-West & West Coast up to 25%, required

Hiscox Values:

At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.

  • 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

What Hiscox USA Offers:

  • 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 

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

Salary range: $80-$110k

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.

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 USA:

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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