At a Glance
- Tasks: Lead healthcare underwriting, analyse accounts, and develop pricing strategies.
- Company: Join Allied World, a global insurance provider with a collaborative culture.
- Benefits: Structured coaching, professional development, and access to global resources.
- Other info: Dynamic team environment with opportunities for networking and industry engagement.
- Why this job: Make an impact in the healthcare sector while growing your career.
- Qualifications: 15 years of healthcare underwriting experience and strong analytical skills.
The predicted salary is between 72000 - 108000 £ per year.
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members.
Duties and Responsibilities
- 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 Senior Vice President Healthcare and/or Head of Specialty.
- Responsible for timely and correct issuance of bound policies.
- Crafting of Endorsement wordings for authorization by legal.
- Providing direction to the team to achieve timely processing.
- Working closely with the Senior Vice President of Healthcare and contribute to the formation of overall Healthcare strategy/business plans and the execution thereof.
- Active role in the development of business in London market, exploring opportunities and marketing within the London Market and EU as required.
- Liaise with actuarial support to develop premium benchmarking and pricing models, with development of account pricing/recommendations.
- Authorizing of quotes, binders and invoices in accordance with company guidelines.
- Ensuring receipt of and review of outstanding information (including underlying/followed policies) 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.
- Delegation (and supervision) of work to Assistant Underwriters as deemed appropriate and responsible for the professional development and training of assigned team members or direct reports 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 important industry conferences and seminars as appropriate.
Job Requirements
- Ideally, graduate-level individual with professional insurance qualification, ACII, already obtained.
- Required 15 years demonstrable experience underwriting Healthcare accounts and clients.
- 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 deadlines and conflicting priorities.
- Overall team player with collaborative outlook – coaching approach to the development of more junior members of the team.
Working at Allied World
- Instant membership in the Allied World team — a global network of colleagues who will support your career journey.
- A manager who will help you build your career through a structured coaching program.
- Access to a full suite of learning and development tools and resources.
Global Presence
We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, Labuan, London, Los Angeles, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.
Our Business
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Allied World is an equal opportunity employer.
Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.
To learn more, visit awac.com, or follow us on LinkedIn at linkedin.com/company/allied-world.
Vice President, Healthcare Underwriter in England employer: Allied World
Allied World in London is an exceptional employer, offering a dynamic work culture that fosters collaboration and professional growth. With access to extensive development resources and a supportive team environment, employees are encouraged to enhance their skills while contributing to meaningful work in the insurance sector. The London location provides a vibrant backdrop for career advancement in the heart of the financial district.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Healthcare Underwriter in England
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend conferences, and join relevant groups. The more people you know, the better your chances of landing that VP role.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or at networking events, share your insights on healthcare underwriting. This will position you as a thought leader in the field.
✨Tip Number 3
Don’t just apply—engage! When you find a job on our website, reach out to someone in the company for an informal chat. It shows initiative and can give you insider info that might just set you apart.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. Mention something specific from your conversation to remind them why you’re the perfect fit for the team.
We think you need these skills to ace Vice President, Healthcare Underwriter in England
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Vice President, Healthcare Underwriter role. Highlight your relevant experience in underwriting and any specific achievements that align with the job description. We want to see how you can bring your unique skills to our team!
Showcase Your Analytical Skills:Since this role requires excellent analytical skills, don’t shy away from sharing examples of how you've successfully tackled complex problems in your previous roles. We love seeing how you approach challenges and find solutions!
Communicate Clearly:Your communication skills are key for this position, so make sure your application is clear and concise. Use straightforward language and structure your thoughts logically. We appreciate a well-organised application that reflects your ability to communicate effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining the Allied World team!
How to prepare for a job interview at Allied World
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially in the healthcare sector. Be prepared to discuss specific cases you've worked on and how you approached risk management. This will show that you not only understand the guidelines but can also apply them effectively.
✨Showcase Your Analytical Skills
Since analytical skills are crucial for this role, come ready with examples of how you've used data to inform your decisions. Whether it's pricing models or account analysis, having concrete examples will demonstrate your expertise and thought process.
✨Communicate Like a Pro
Given the importance of communication in this role, practice articulating your thoughts clearly and confidently. Prepare to discuss how you've built relationships with clients and brokers, and be ready to present your ideas effectively during the interview.
✨Demonstrate Team Leadership
As a Vice President, you'll need to lead and mentor your team. Think of examples where you've successfully delegated tasks or developed junior members. Highlighting your collaborative approach will resonate well with the company's values of teamwork and professional development.