Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Underwrite diverse portfolios, assess risks, and manage client relationships.
- Company: Join Allied World, a collaborative company that values knowledge sharing and professional growth.
- Benefits: Enjoy mentoring programs, training opportunities, and a supportive team culture.
- Why this job: Be part of a dynamic team that embraces diversity and fosters personal development.
- Qualifications: 4-6 years of underwriting experience preferred; strong communication and organisational skills required.
- Other info: Willingness to travel and engage in marketing activities is essential.
The predicted salary is between 43200 - 72000 £ per year.
Job Description – Assistant Vice President, SME, Professional Lines (25000045)
Take the next step in your career with us.
Allied World is an ideal place for talented professionals driven by collaboration and knowledge sharing.
We believe that working together and supporting one another allows us to provide the best solutions to our clients. We embrace diverse perspectives and support professional growth through development, training, and mentoring programs.
Our people are our most valuable asset, and we are proud of our team members.
Role Overview:
This position involves underwriting a diverse portfolio, meeting profitability, GWP, and expense goals, managing and growing the portfolio within guidelines, and marketing and servicing existing and potential clients.
Key Responsibilities:
- Analyze errors and omissions and assess risks of insurance agents;
- Evaluate potential clients and present findings in daily discussions;
- Develop broker relationships nationwide;
- Maintain a renewal retention rate of at least 70%;
- Mentor new underwriters as the team expands;
- Participate in training sessions and conferences;
- Assist with special projects under management supervision;
- Ensure compliance with underwriting guidelines and procedures;
- Perform general underwriting tasks including review, pricing, and setting terms;
- Coordinate with Actuarial Department for specific accounts;
- Collaborate with Claims Department on claims activities and market concerns;
- Ensure adherence to audit and administrative guidelines;
- Engage in marketing activities such as client/broker meetings and social events;
- Stay informed on industry developments;
- Support the implementation of iBind and marketing initiatives;
- Train underwriting assistants and junior staff;
- Conduct appetite review forums;
- Develop and update proposal forms and E&O documentation;
- Prepare reports for senior management;
- Perform other duties as assigned.
Qualifications & Person Specification:
- Strong writing and communication skills;
- 4-6 years of underwriting experience preferred;
- Excellent organizational and multitasking abilities;
- Ability to work independently in a fast-paced environment;
- Willingness to travel;
- Creative thinking, openness to challenge, and receptiveness to feedback.
#J-18808-Ljbffr
Assistant Vice President, SME, Professional Lines (London) employer: Allied World
Contact Detail:
Allied World Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Vice President, SME, Professional Lines (London)
✨Tip Number 1
Network with professionals in the insurance industry, especially those involved in underwriting and professional lines. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn more about the company culture at Allied World.
✨Tip Number 2
Familiarise yourself with the latest trends and developments in the insurance sector, particularly in SME and professional lines. This knowledge will not only help you during interviews but also demonstrate your commitment to staying informed and relevant in the field.
✨Tip Number 3
Prepare to discuss your experience in managing portfolios and developing client relationships. Be ready to share specific examples of how you've successfully met profitability goals and retained clients, as these are key responsibilities for the role.
✨Tip Number 4
Showcase your mentoring skills by highlighting any experience you have in training or guiding junior staff. This is an important aspect of the role, and demonstrating your ability to support team growth will make you a more attractive candidate.
We think you need these skills to ace Assistant Vice President, SME, Professional Lines (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant underwriting experience and showcases your strong writing and communication skills. Use specific examples that demonstrate your ability to manage portfolios and develop broker relationships.
Craft a Compelling Cover Letter: Write a cover letter that reflects your understanding of the role and the company. Mention your experience in underwriting and how you can contribute to meeting profitability and growth goals. Show enthusiasm for collaboration and professional development.
Highlight Key Skills: In your application, emphasise your organisational and multitasking abilities. Provide examples of how you've worked independently in fast-paced environments and your willingness to travel for client meetings or training sessions.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any 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
✨Showcase Your Underwriting Experience
Make sure to highlight your previous underwriting experience during the interview. Discuss specific cases where you successfully assessed risks and made profitable decisions, as this will demonstrate your capability to manage a diverse portfolio.
✨Emphasise Communication Skills
Given the importance of developing broker relationships and collaborating with various departments, be prepared to discuss how your strong writing and communication skills have helped you in past roles. Share examples of how you've effectively communicated findings or mentored others.
✨Demonstrate Organisational Skills
With the need to maintain a renewal retention rate and manage multiple tasks, it's crucial to showcase your organisational abilities. Prepare to discuss how you prioritise tasks and manage your time effectively in a fast-paced environment.
✨Stay Informed on Industry Developments
Research current trends and developments in the insurance industry before your interview. Being knowledgeable about recent changes will not only impress your interviewers but also show your commitment to staying informed and adapting to market needs.
