About the job
Take the next step in your career with us.
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.
Our people are our most important asset, and we are very proud of the quality of our team members.
Duties and Responsibilities:
- Maintaining the company's filing systems, recording where appropriate incoming post, brokers' documents and the like.
- Respond to enquiries from Brokers / Intermediaries received by phone, letter or e-mail in a courteous and helpful manner ensuring that all information to enable the underwriting of any risk is obtained and communicated.
- Complete the key tasks of securing appropriate information and facts to identify client(s) requirements and provide & communicate quotations, if applicable, to the ceding Brokers / Intermediaries in accordance with the Underwriting criteria more specifically set out in the Binding Authorities under which the jobholder has been assigned underwriting permissions.
- Using the information and facts gathered, or presented by the ceding Brokers / Intermediaries, to Rate / set Premiums, apply terms and conditions in accordance with Binding Authorities under which the jobholder has been assigned underwriting permissions.
- The Jobholder in setting rates / Premium will utilise the Company's quotation system, rating guides or by referring to management.
- If any quotation is accepted verbally, the jobholder will issue written confirmation, providing full details of cover, where applicable seek proposal(s) for completion or Statement(s) of Fact(s) for checking against underwriting facts, information resting on file.
- Prepare and issue invoices policy documents and update client records.
- The jobholder will share responsibility for dealing with any actions attaching to existing clients on midterm adjustments and claims, occasionally referring such matters to senior colleagues.
- Maintain the system for raising renewals, which should be actioned 4-6 weeks before renewal date, produce renewal documentation and issue renewal documentation upon receipt of instructions to renew.
- Ensure that paper files and system records are created for new business and updated following all amendments notified by ceding Brokers / Intermediaries.
- Ensure that credit control rules are followed and that cash flow objectives are achieved.
- Assist ceding Brokers / Intermediaries with claims notification procedures, or in the event of Policy Holders making a direct enquiry, by directing them to the appropriate Claims Management partner &/or help line.
- Respond to claim enquiries from ceding Brokers / Intermediaries, or in the event of a direct enquiry from a Policy Holder(s), insurer(s) and third parties received by phone, letter, or e-mail in a courteous and helpful manner and ensure all information required is obtained and communicated.
- Ensure files and system records are annotated where applicable in respect of notified claim(s) &/or updates.
- Maintain secure, efficient and accurate filing systems.
- Other duties and responsibilities as may be required
- Allocate appropriate time for CPD and ongoing development training as arranged by line manager
Requirements
- 5 years Underwriting experience
- Ability to manage a busy diary (used to high volume)
- Proactive and Positive with a willingness to learn and develop
- Comfortable in dealing with a variety of brokers both London market and regional.
- Willingness to travel where required (though not essential)
- Good level of competence with Word processing tools
Working at Allied World
Our team of over 1,600 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
- Instant membership in the Allied World team — a global network of colleagues who will support your career journey
- A manager who will help you build your career through a structured coaching program
- Access to a full suite of learning and development tools and resources
Global Presence
We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, Labuan, London, Los Angeles, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.
Our Business
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.
Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.
To learn more, visit awac.com, or follow us on LinkedIn at linkedin.com/company/allied-world.