Real Estate/Property Owners Senior Underwriter, Europe Commercial Division London 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.
The Allied World Commercial team have strong relationships with our broking partners across the UK and we are committed to providing effective products and excellent service.
We are recruiting for a Senior Underwriter in our London office to help add and assist in the growth of our Real Estate/Property Owners book of business.
Duties and Responsibilities: Development of the Allied World Real Estate/Property owners portfolio exploring opportunities with our existing partners and establishing new relationships Perform extensive account analysis according to underwriting guidelines to include thorough review of underwriting application/submission, consideration of risk management protocols, research via on-line services and other available resources and liaising with other Company departments to establish full understanding of risk exposures and completion of underwriting (pricing) worksheets.
Perform referrals (as required) with the relevant AW contact Responsible for timely and correct issuance of bound polices.
Working closely with the wider Commercial Division and contribute to the formation of overall strategy / business plans and the execution thereof.
Liaise with actuarial support to develop premium benchmarking and pricing models, with development of account pricing/recommendations.
Authorising of quotes, binders and invoices in accordance with company guidelines.
Ensuring receipt of and review of outstanding information to ensure consistency with the terms and conditions agreed at binding.
Accountable for the maintenance of underwriting files in an orderly manner and in accordance with the underwriting guidelines.
Supervision of work to Underwriters as deemed appropriate and responsible for the professional development and training of assigned team members or direct reports if and where applicable.
Marketing — attend client/broker meetings, lunches, dinners and other social outings as applicable.
Meet with key brokers regularly to discuss production, service and other topics relative to division operation Attend industry conferences and seminars as appropriate.
Person Specification; Required 5 - 7 years demonstrable experience underwriting commercial combined or property business Excellent analytical skills and solid knowledge of pricing & actuarial models and methods Must be highly articulate, with exceptional communication and interpersonal skills – required for daily liaison with clients and brokers including delivering effective presentations and building strong working relationships.
Strong marketing and business development capability – commercial acumen, ability to influence and negotiate to various levels of seniority, internally and externally.
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 – coaching approach to the development of more junior members of the team.
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.