Logo of Huzzle

PSC Underwriter

image

Hiscox USA

18d ago

  • Job
    Full-time
    Mid & Senior Level
  • Sales & Business Development
  • Lisbon
  • Quick Apply

AI generated summary

  • You must be a native Portuguese speaker with good Spanish, 3-5 years in insurance, outgoing, driven, detail-oriented, with strong sales, negotiation skills, and a focus on service and teamwork.
  • You will underwrite accounts, develop broker relationships, handle renewals and adjustments, negotiate effectively, ensure profitability, and monitor product performance while driving business growth.

Requirements

  • Native Portuguese speaker with good level of Spanish,
  • 3-5 year of experience in the insurance industry
  • Outgoing, driven, detail-oriented, and results-focused mindset.
  • Ability to identify business needs and provide innovative solutions.
  • Strong understanding of basic sales principles, effective negotiation skills, and a competitive drive.
  • Exceptional interpersonal skills with the ability to work independently and collaboratively in a team-oriented environment.
  • Innate service focus with the ability to interact effectively with all levels of internal and external stakeholders.
  • Demonstrated self-motivation, drive, and determination to achieve results.
  • Ability to consider potential outcomes and make decisions in complex situations.
  • A team player who consistently demonstrates behaviors aligned with Hiscox’s core values.

Responsibilities

  • Underwrite, price and negotiate accounts consistent with the quality of the risk
  • Develop new relationships and maintain existing relationships with brokers
  • Work with operations, claims, finance and internal and external marketing to build products and contribute to the financial performance of the business unit
  • Maximise the retention of existing renewals and handle mid-term adjustments on existing business
  • Contribute to growing the existing business income through cross-sell and up-sell
  • To deal quickly and efficiently with a large volume requests from Brokers
  • To effectively negotiate with both internal and external parties including identified points of contact within a brokerage
  • To regularly challenge convention, writing ‘non standard’ business and able to take decisive action on loss making business
  • Maintain profitability of the account by making sound and consistent individual underwriting decisions
  • To identify and challenge non-standard underwriting decisions within the Technical Underwriting Guide (TUG) with a reasoned referral to a product expert or senior underwriter
  • Take ownership of the performance of your region’s account, identifying non performing accounts in terms of key performance indicators (e.g. retention and profitability) and take appropriate action or flag with the relevant people
  • Monitor product results and develop ideas to increase productivity

FAQs

What is the job title for this position?

The job title is PSC Underwriter.

What type of employment is this position?

This is a permanent position.

What primary responsibilities does the PSC Underwriter have?

The PSC Underwriter is responsible for underwriting, pricing, and negotiating accounts, as well as developing and maintaining relationships with brokers, handling renewals, and contributing to financial performance.

Is experience in the insurance industry required for this role?

Yes, 3-5 years of experience in the insurance industry is required.

What languages are required for the PSC Underwriter position?

A native Portuguese speaker with a good level of Spanish is required.

What kind of benefits does Hiscox offer?

Hiscox offers health insurance, life insurance, a pension plan, sports allowance, mental health support, 25 days of holiday plus 2 extra Hiscox Days, and a sabbatical program every 5 years.

What is the work schedule like?

The work schedule is a 35-hour work week with a hybrid working model for flexibility.

How does the role contribute to business growth?

The role contributes to business growth by maximizing retention of renewals, managing mid-term adjustments, and seeking opportunities for cross-sell and up-sell of products.

Are there opportunities for professional development at Hiscox?

Yes, Hiscox offers exciting opportunities for personal and professional growth within an inclusive culture.

What is the team culture like at Hiscox?

The team culture at Hiscox is collaborative and inclusive, with opportunities to engage in local and international initiatives.

Encourage Courage

Finance
Industry
1001-5000
Employees
1901
Founded Year

Mission & Purpose

Hiscox USA is a growing specialty insurance company with offices across the US. Hiscox USA is part of the $3 billion Hiscox Group, with over 100 years of history and 31 offices in 14 countries worldwide. We Encourage Courage among our customers, partners and employees and challenge US businesses to do more and be more. Hiscox USA's portfolio of specialty risk solutions include insurance covering a broad spectrum of professional E&O, GL, cyber & data security, media liability, entertainment production risks, D&O and management liability, crime, kidnap & ransom, terrorism and commercial property products.