Job Type: Permanent Build a brilliant future with Hiscox Schemes Underwriter Location: Manchester, York or Colchester The Role: We are seeking a dedicated Schemes Underwriter to join our dynamic team. This role focuses on delivering bespoke insurance solutions for niche customer groups managed by our broker partners within the UK retail business. You will manage an existing portfolio of schemes and contribute to the development of new opportunities, collaborating with underwriting, operations, sales, and senior leadership teams to drive improvement and profitable growth. Your expertise will be pivotal in shaping our underwriting strategy and achieving our strategic ambitions. Key Responsibilities: Risk Assessment and Underwriting: Profitably and accurately assess risks, set appropriate pricing, and apply suitable terms in accordance with underwriting guidelines and company philosophy. Ensure all decisions comply with legal regulations and company policies. Broker Relationship Management: Build and maintain strong relationships with broker partners, delivering exceptional service, handling referrals, and underwriting complex cases to support client retention and acquisition targets. Portfolio Management: Take ownership of the schemes portfolio, analyzing performance, identifying trends, and implementing effective growth and underwriting strategies to ensure sustained profitability. Product Development: Collaborate with sector leads to develop new products and propositions, maximizing opportunities within current and future business portfolios. Mentorship: Actively mentor and develop junior team members, fostering a collaborative and high-performing team environment. Market Awareness: Stay informed about emerging risks and exposures within our chosen sectors to maintain our market-leading position. Essential Skills and Qualifications: Decision-Making: Ability to make confident decisions in complex situations, balancing risk and opportunity effectively. Interpersonal Skills: Strong communication and relationship-building abilities, capable of working independently and collaboratively. Experience: Minimum of 5 years' underwriting or analytical experience, preferably within schemes or niche insurance markets. Professional Development: ACII qualification or significant progress toward completion. Analytical Skills: Proficiency in analyzing data, making informed underwriting recommendations, and managing portfolios. Industry Knowledge: Interest in developing expertise in specialist areas and staying abreast of industry trends and innovations. Negotiation Skills: Demonstrated ability to influence and negotiate effectively with internal and external stakeholders. Adaptability: Open to new ideas, innovation, and educated risk-taking, with a proactive approach to change. About Hiscox UK: Hiscox UK is a leading brand in the insurance market, recognized as setting the standards others try to emulate. We consistently deliver strong growth and exceptional returns, recruiting only the very best and empowering them to deliver. We are known for insuring the homes of the rich and famous through to the most innovative technology companies. Our customers are diverse and unique and are only united by our ability to provide specialist insurance tailored to their needs. Diversity and Flexible Working at Hiscox: At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. Working life doesn’t always have to be in the office, so we have introduced hybrid working to encourage a healthy work-life balance. This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other. Our benefits package includes a bonus, contributory pension, 25 days annual leave plus 2 Hiscox days and a 4-week paid sabbatical with every 5 years’ worth of service, private medical for all the family and much more. LI-AY1 LI-Hybrid Work with amazing people and be part of a unique culture