Medical Malpractice Underwriter jobs

Job Type:

Build a brilliant future with Hiscox

Hiscox UK

Hiscox UK is a leading brand in the insurance market, recognised as setting the standards which 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.

The Team:

The Med Mal underwriting team is based across our London, York and Colchester offices. The team are responsible for driving the profitable growth across Hiscox UK, in the Allied Healthcare sector.

The team are aligned to our regional development underwriting teams to ensure a seamless service to our brokers, leveraging relationships to support the profitable growth of new and existing business including cross-sell and up-sell.

The Role:

Working within our specialist Medical Malpractice (Med Mal) underwriting team, you will play a key role in managing and growing a portfolio of Medical Malpractice business across the healthcare, beauty and wellbeing sectors in the UK.

You will be responsible for identifying, developing and delivering profitable new business opportunities, whilst maintaining and strengthening relationships with brokers and key stakeholders. You will work closely with colleagues across underwriting and distribution teams to support the continued growth and development of the portfolio.

Key responsibilities

• Delivering exceptional service to our brokers, dealing with referrals and writing more complex business
• Working with the Head of Healthcare, Beauty and Wellbeing to support the profitable growth of the Medical Malpractice portfolio and deliver sustainable underwriting performance.
• Challenging convention on a regular basis, suggesting and executing effective growth and underwriting strategies to ensure sustained profitable growth
• Keeping abreast of new risks, exposures and regulatory updates within our chosen sectors to ensure Hiscox’s market leading position is maintained
• Working with the Head of Healthcare, Beauty and Wellbeing to help develop new products and propositions and maximise the opportunity within our current/future portfolios of business
• As a senior member of the team taking an active role in mentoring and developing more junior members of the team
• Working with the Head of Healthcare, Beauty and Wellbeing to identify new opportunities, develop propositions and maximise the potential of current and future Medical Malpractice portfolios.
• Taking ownership of relationship management and accountability for some of our key strategic broker partners
• Flexibility to travel regularly as required to support business needs, broker relationships and wider team collaboration

Candidate Profile

• Strong, relevant Medical Malpractice, Healthcare or Professional Indemnity underwriting experience.
• Experience working within Medical Malpractice, Healthcare or Professional Indemnity underwriting environments is essential.
• Experience of schemes business and/or delegated authority arrangements would be advantageous but is not required.
• Ability to make confident underwriting decisions in complex and challenging situations.
• Strong interpersonal, communication and stakeholder management skills, with the ability to build effective relationships with brokers, colleagues and business partners.
• Strong influencing and negotiation skills.
• Commercially minded, with the ability to identify and develop new business opportunities.
• ACII qualified or actively working towards qualification.
• Ability to work independently whilst contributing positively within a collaborative team environment.
• Demonstrates behaviours aligned to the Hiscox values and culture.
• Degree qualified and/or holding relevant insurance qualifications would be advantageous; however, equivalent industry experience is equally valued.

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.

We have also learned over the past few years that working life doesn’t always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work life balance.

We anticipate that the successful candidate for this role will be up in the office up to 3 days per week in either our London, York or Colchester.

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.

Work with amazing people and be part of a unique culture