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    Senior Underwriter Hybrid - London, United Kingdom - Allied World

    Allied World
    Allied World London, United Kingdom

    Found in: Jooble UK O C2 - 3 days ago

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    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. 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.

    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.

    The successful candidate's primary responsibility will be to handle low to medium value claims across our First Party Lines of business (Construction, Property, Marine, Bespoke along with some Aviation run off) which includes UK, European and International business.

    There will also be an opportunity to work with and be mentored by our senior members of the team through learning and development opportunities and where possible providing support on some large / complex losses within in the First Party book.

    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.

    The position will also require a basic knowledge of Property insurance to assist with the underwriting of Commercial Combined business.

    General underwriting functions including underwriting, submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorisations.
    Responsible for timely and correct issuance of bound policies. Crafting of Endorsement wordings for authorisation by legal.
    Providing direction to the Underwriting Support Assistant in the timely processing of Policy/Endorsement wordings.

    Including maintenance of all reporting systems for submissions and bound accounts, rate change modeling, bound account listing, submission log and reports as may be developed.

    Seek input from Actuarial Department to price specific accounts when appropriate.

    Liaise with Claims Department on any specific claim matters and overall market claim concerns which could potentially affect profitability.

    Travel to meetings throughout Ireland and Europe as required.
    Assist in the general training of underwriting and support staff.
    Project work as required.
    Planning and monitoring of the portfolio of business.
    5 years experience underwriting Casualty accounts in the Irish or European Retail/Wholesale market.
    ~ Basic knowledge of underwriting Property accounts.
    ~ Excellent knowledge and understanding of standard market policy and endorsement wordings.
    ~ Professional Insurance Designation such as ACII/ FCII desirable.
    ~ Strong Excel and Power Point skills.
    ~ Fantastic location, on the 19th floor of the Walkie Talkie/Sky Garden building
    ~ Breakfast in the office
    ~ Employee Share scheme
    ~ Regular learning opportunities for professional development
    ~ Competitive annual leave allowances
    ~ Private Medical & Dental insurance
    ~ Group Life Assurance
    ~ Discretionary Annual Bonus

    All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M.
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