Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Engage with brokers, assess risks, and set premiums for healthcare insurance.
- Company: Dynamic insurance firm focused on innovation and client satisfaction.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Join a vital industry and make a difference in people's lives through insurance.
- Qualifications: 3+ years of underwriting experience and strong negotiation skills.
- Other info: Opportunities for career advancement and continuous learning.
The predicted salary is between 36000 - 60000 £ per year.
Duties and Responsibilities:
- Respond to enquiries from Brokers / Intermediaries received in a courteous and helpful manner ensuring that all information to enable the underwriting of any risk is obtained and communicated.
- Complete the key tasks of securing appropriate information and facts to identify client(s) requirements and provide & communicate quotations.
- Using the information and facts gathered, or presented by the ceding Brokers / Intermediaries, to Rate / set Premiums, apply terms and conditions in accordance with Binding Authorities under which the jobholder has been assigned underwriting permissions.
- The Jobholder in setting rates / Premium will utilise the Companies quotation system or rating guides.
- If any quotation is accepted verbally, the jobholder will issue written confirmation, providing full details of cover, where applicable seek proposal(s) for completion or Statement(s) of Fact(s) for checking against underwriting facts, information resting on file.
- Liase with Operations prepare and issue invoices policy documents and update client records.
- The jobholder will share responsibility for dealing with any actions attaching to existing clients on mid-term adjustments and claims, occasionally referring such matters to senior colleagues.
- Maintain the system for raising renewals, which should be actioned 4-6 weeks before renewal date, produce renewal documentation and issue renewal documentation upon receipt of instructions to renew.
- Ensure that files and system records are created for new business and updated following all amendments notified by ceding Brokers / Intermediaries.
- Ensure that credit control rules are followed and that cash flow objectives are achieved.
- Maintain secure, efficient and accurate filing systems.
- Other duties and responsibilities may be required.
Qualifications:
- 3+ years' experience underwriting in the London market.
- Strong marketing, negotiating and presentation skills.
- Knowledge and understanding of standard market policy and endorsement wordings.
- Professional Insurance Designation such as ACII/FCII desirable or training towards.
Healthcare Underwriter in London employer: Allied World
Contact Detail:
Allied World Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Healthcare Underwriter in London
✨Tip Number 1
Networking is key! Reach out to professionals in the healthcare underwriting field through LinkedIn or industry events. We can leverage our connections to get insights and maybe even referrals.
✨Tip Number 2
Prepare for interviews by practising common questions related to underwriting. We should also be ready to discuss specific scenarios where we've successfully negotiated terms or handled client queries.
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your achievements in underwriting, including any successful projects or innovative solutions you've implemented. This will help us stand out.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we often have exclusive roles listed there that you won’t find anywhere else.
We think you need these skills to ace Healthcare Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Healthcare Underwriter role. Highlight your experience in underwriting, especially in the London market, and showcase any relevant qualifications like ACII/FCII. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the duties listed in the job description, and don’t forget to show your enthusiasm for joining our team at StudySmarter.
Be Clear and Concise: When filling out your application, clarity is key. Make sure your responses are straightforward and to the point. We appreciate well-structured applications that make it easy for us to see your qualifications and experience without sifting through unnecessary fluff.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company there!
How to prepare for a job interview at Allied World
✨Know Your Stuff
Make sure you brush up on your underwriting knowledge, especially in the healthcare sector. Familiarise yourself with standard market policy and endorsement wordings, as well as the specific requirements of the role. This will show that you're not just interested in the job, but that you understand the industry.
✨Practice Your Communication Skills
Since you'll be responding to enquiries from Brokers and Intermediaries, practice articulating your thoughts clearly and courteously. Role-play common scenarios with a friend or family member to get comfortable with the types of questions you might face during the interview.
✨Showcase Your Experience
With 3+ years of experience in underwriting, be ready to discuss specific examples from your past roles. Highlight situations where you successfully negotiated terms or handled complex client requirements. This will help demonstrate your capability and confidence in the field.
✨Prepare Questions
Interviews are a two-way street, so prepare thoughtful questions about the company’s underwriting processes and team dynamics. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
