- Ideally would hold a professional Insurance designation or at least be working towards such
- Experience between 3 and 5 years in the London FI Market
- Basic knowledge and understanding of market policy and endorsement wordings
- Must be articulate and personable as there will be significant dealings with clients and brokers including attendance and presentations at meetings
- Basic marketing, negotiation and presentation skills but with a clear aptitude to develop such
- Strong organization skills and the ability to prioritize work
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Senior Underwriter - London, United Kingdom - Allied World
Description
Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions.
At Allied World we have over 1,600 talented and loyal employees working in 25 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.
As a subsidiary of Fairfax Financial Holdings Ltd.and a Lloyds syndicate, we are situated in the heart of the London insurance market and benefit from a wealth of experience setting us apart from our competitors on the cutting edge of innovation.
Based in the Walkie Talkie building at 20 Fenchurch Street, our office is based on the 19th floor, providing fantastic views across London.
With just under 200 employees in London we pride ourselves on our warm and welcoming culture, with regular learning opportunities and support to achieve your career goals.
Allied World is an Equal Opportunities Employer.All qualified applicants will be considered for employment without regard to an individual's race, colour, national origin, religion, sex, age, genetic information, or disability status.
Duties & ResponsibilitiesPerform account analysis, alongside more experienced members of the team, according to underwriting guidelines which is to include thorough review of underwriting application/submission, research via on-line services, reviewing requested terms and conditions including underlying policy forms when issuing on a follow-form basis, liaising with other Company departments to establish full understanding of risk exposures and completion of underwriting worksheetAuthorising of quotes, binders and invoices in accordance with own authority, department underwriting strategy and company guidelinesCorrespond with brokers with respect to outstanding information pre and post bindingProcess allocated renewals, endorsements and new business within underwriting guidelinesMaintain underwriting files in an orderly manner, in accordance with underwriting guidelines and the departments prescribed filing structureDevelop business in London and other non-US markets and service submission flowTake responsibility for driving growth with key broking partnersDevelop new target sectors and distribution channels Present underwriting appetite to brokers, clients & reinsurers.
Help prepare for and attend the increased number of client meetings that come from increased policy countAssist with the frequent broker requests to update suites of wordingsAttend client/broker meetings, lunches, dinners and other social outings as applicableAssist development of junior members of the teamActively engage and seek out training opportunities to further develop underwriting expertise and support business performance Other duties as maybe assigned Person SpecificationOur Benefits:
Hybrid workingFantastic location, on the 19th floor of the Walkie Talkie/Sky Garden buildingBreakfast in the officeEmployee Share schemeRegular learning opportunities for professional developmentCompetitive annual leave allowancesPrivate Medical & Dental insuranceGroup Life AssuranceIncome protectionDiscretionary Annual BonusGenerous employer pension contributionsGym subsidyRegular social eventsAll of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M.
Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA- by Fitch.
Allied World is an Equal Opportunities Employer.
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