Underwriter - UK Commerical Division

Underwriter - UK Commerical Division

London Full-Time 28800 - 42000 Β£ / year (est.) No home office possible
A

At a Glance

  • Tasks: Underwrite diverse business portfolios and manage client relationships.
  • Company: Join Allied World, a global leader in creative risk solutions with a vibrant culture.
  • Benefits: Enjoy a friendly work environment, career growth opportunities, and competitive pay.
  • Why this job: Be part of a dynamic team focused on innovation and customer success.
  • Qualifications: 3-5 years of commercial underwriting experience and strong communication skills required.
  • Other info: Work permit needed for non-passport holders; apply through the official channel.

The predicted salary is between 28800 - 42000 Β£ per year.

Underwriter – UK Commerical Division, London

Client:

Allied World Assurance Company Holdings

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Reference:

304144944ba4

Job Views:

5

Posted:

29.06.2025

Expiry Date:

13.08.2025

Job Description:

Job Description – Underwriter – UK Commerical Division (25000026)Job Description Underwriter – UK Commerical Division-(25000026)Description

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
  • Qualifications

    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
  • Primary Location

    :GB-GB-London

    Job

    :Underwriting

    Employee Status

    :Regular

    Job Type

    :Standard

    Job Posting

    :May 29, 2025, 5:17:11 AM

    Pay Basis

    Yearly

    Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit. Check our Blog for more information.

    Bank or payment details should not be provided when applying for a job. Eurojobs.com is not responsible for any external website content. All applications should be made via the \’Apply now\’ button.

    Created on 29/06/2025 by TN United Kingdom

    #J-18808-Ljbffr

    Underwriter - UK Commerical Division employer: Allied World Assurance Company Holdings

    Allied World Assurance Company Holdings is an exceptional employer, offering a dynamic and inclusive work culture in the heart of London. With a strong focus on employee growth and development, we provide our underwriters with the opportunity to manage diverse portfolios while fostering long-term relationships within the industry. Our commitment to superior customer service and creative risk solutions ensures that every team member plays a vital role in our collective success.
    A

    Contact Detail:

    Allied World Assurance Company Holdings Recruiting Team

    StudySmarter Expert Advice 🀫

    We think this is how you could land Underwriter - UK Commerical Division

    ✨Tip Number 1

    Familiarise yourself with the UK Commercial insurance market. Understanding current trends, key players, and regulatory changes will help you engage in meaningful conversations during interviews and demonstrate your commitment to the role.

    ✨Tip Number 2

    Network with professionals in the underwriting field, especially those working in the London Market. Attend industry events or join relevant online forums to build connections that could provide insights or even referrals for the position.

    ✨Tip Number 3

    Prepare to discuss specific underwriting scenarios during your interview. Think of examples from your past experience where you successfully managed risk or improved profitability, as this will showcase your practical knowledge and problem-solving skills.

    ✨Tip Number 4

    Highlight your communication and relationship management skills. Since the role involves liaising with clients and brokers, be ready to share examples of how you've built strong professional relationships and effectively communicated complex information in previous roles.

    We think you need these skills to ace Underwriter - UK Commerical Division

    Underwriting Experience
    Commercial Insurance Knowledge
    Pricing Analysis
    Policy Issuance
    Risk Assessment
    Communication Skills
    Interpersonal Skills
    Presentation Skills
    Relationship Management
    Attention to Detail
    Organisational Skills
    Team Collaboration
    MS Office Proficiency
    Underwriting Systems Proficiency
    Market Awareness

    Some tips for your application 🫑

    Understand the Role: Before applying, make sure to thoroughly read the job description for the Underwriter position. Understand the key responsibilities and qualifications required, such as experience in underwriting commercial business and strong communication skills.

    Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your previous underwriting experience, particularly in commercial sectors, and any achievements that demonstrate your ability to meet profitability goals.

    Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific experiences that relate to the job duties, such as your methodical approach to work and your ability to build relationships with clients and brokers.

    Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial in underwriting roles.

    How to prepare for a job interview at Allied World Assurance Company Holdings

    ✨Know Your Underwriting Basics

    Make sure you brush up on your underwriting knowledge, especially in the commercial sector. Be prepared to discuss your experience with pricing analysis, policy issuance, and how you manage a diverse book of business.

    ✨Showcase Your Communication Skills

    Since this role involves liaising with clients and brokers, demonstrate your exceptional communication skills during the interview. Prepare examples of how you've effectively built relationships and delivered presentations in previous roles.

    ✨Be Ready for Technical Questions

    Expect questions that test your technical knowledge of underwriting systems and MS Office applications. Familiarise yourself with common underwriting software and be ready to discuss how you use technology to enhance your work.

    ✨Demonstrate Team Collaboration

    Highlight your ability to work as part of a team, especially in delegating tasks to Assistant Underwriters. Share specific examples of how you've collaborated with colleagues to achieve common goals or improve processes.

    A
    Similar positions in other companies
    UK’s top job board for Gen Z
    discover-jobs-cta
    Discover now
    >