At Allied World we have over 1,400 talented and loyal employees working in 20 offices globally who service clients throughout the world. We are focused on providing superior customer service and creative risk solutions, building long-term, mutually beneficial relationships. Our employees share our passion for progress and success, and we are looking for talented committed people to join our team.
We take great pride in our culture, offering an inclusive, friendly and rewarding working environment, and are excited at the prospect of hiring for this role.
Description of the role:
This position is responsible for underwriting a diverse book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business within the appropriate underwriting discipline/guidelines, marketing and servicing of existing and potential insured’s.
Job Duties and Responsibilities:
- General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions.
- Authorising of quotes in accordance with company guidelines.
- Responsible for timely and correct issuance of bound polices. Crafting of wordings and endorsements for authorisation by legal. Providing direction to the Assistant Underwriters in the timely processing of Policy/Endorsement wordings.
- Perform extensive account analysis according to underwriting guidelines which is to include thorough review of underwriting application/submission including reviewing requested terms and conditions.
- Active role in the development of business within UK Commercial, exploring opportunities and marketing within the London Market and in the UK regions as required.
- Accountable for the maintenance of underwriting files in an orderly and consistent manner and in accordance with the underwriting guidelines.
- Liaise with actuarial support to develop premium benchmarking and pricing models, with development of account pricing/recommendations where required.
- Liaise with Claims Department on any specific claim activity and overall market claim concerns which could potentially affect profitability
- Stay current with respect to major market and industry issues and developments
- Relationship management - external, via attendance at key, relevant client/broker meetings, and other social outings as applicable.
- Corresponding with brokers with respect to any outstanding information pursuant to binding.
- Delegation (and supervision) of work to Assistant Underwriters as deemed appropriate
- Other duties as may be assigned
Requirements
- Required 3-5 years demonstrable experience underwriting Commercial business
- Must be articulate, with exceptional communication and interpersonal skills – required for daily liaison with clients and brokers including delivering effective presentations and building strong working relationships.
- Highly computer literate within MS office applications and an advanced level proficiency using underwriting systems
- Methodical approach to work, strong organization skills; capable of dealing with tight reporting dealing and conflicting priorities
- Overall team player with collaborative outlook
