At a Glance
- Tasks: Underwrite property cases, deliver decisions, and drive business development in Manchester.
- Company: Dynamic insurance firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative environment with a focus on mentorship and continuous learning.
- Why this job: Join a team where your decisions directly impact business growth and customer satisfaction.
- Qualifications: 5-10 years of property underwriting experience and strong communication skills.
The predicted salary is between 55000 - 65000 £ per year.
This role involves underwriting cases across the allocated geographical remit of the portfolio, following the agreed processes and within risk appetite to achieve business development and retention targets in Manchester. You will spend the majority of your time delivering underwriting decisions, contributing to business development activities and liaising with customers. You will deal with customers, brokers, network partners and third parties, working with other colleagues and as part of a team.
Duties and Responsibilities:
- Reviewing allocated cases and delivering underwriting decisions, following agreed processes at the designated authority level, to secure profitable business within the agreed risk appetite.
- Be a referral point for junior staff members and contribute to peer review processes as required to support and enable the maintenance of an effective control environment.
- Providing advice and guidance to the production of new policy wordings or reviews of existing policy wordings to ensure policy documentation is current and accurate.
- Identifying, recommending and leading or contributing to the development and exploitation of marketing activities and product development initiatives to increase penetration of existing customers and/or expand the business mix.
- Travel within allocated geographical remit as required.
- Proactively identifying and pursuing up-selling (add-ons) and cross-selling opportunities to maximize profitable revenue potential from new and renewal business and achieve agreed business targets.
- Managing customer interactions in an efficient, courteous and timely manner in order to deliver high standards of customer satisfaction.
- Providing expert advice, guidance and coaching to less qualified and/or experienced colleagues to address technical referrals and raise standards and expertise across the technical community.
- Seek input from Actuarial Department to price specific accounts when appropriate.
- Liaise with Claims Department on any specific claims activity and overall market claims concerns which could potentially affect profitability.
- Stay current with respect to major industry issues and developments.
- Help maintain low levels of aged debt through accurate and clear record keeping, liaising regularly with the Accounts Receivable team to resolve queries promptly.
- Carry out regular and ad hoc reporting as required.
- Other duties as may be assigned.
Requirements:
- 5-10 years experience underwriting major Property accounts.
- Strong marketing, negotiation and presentation skills.
- Excellent knowledge and understanding of standard market policy and endorsement wordings.
- Professional Insurance Designation such as ACII/ ECU desirable.
- Organization skills and the ability to prioritize work.
- Excellent interpersonal skills, analytical skills and the ability to work within a team.
- Strong verbal and written communication.
- Excellent MS Office skills in particular Excel skills.
Assistant Vice President - Property Underwriter - Manchester employer: Allied World
As an Assistant Vice President in our Property Division based in Manchester, you will thrive in a dynamic work culture that prioritises collaboration and professional growth. We offer competitive benefits, including opportunities for continuous learning and development, ensuring you can advance your career while contributing to meaningful business outcomes. Join us to be part of a supportive team that values your expertise and fosters innovation in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Vice President - Property Underwriter - Manchester
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals in Manchester. Attend local events, join relevant groups on LinkedIn, and don’t be shy about reaching out to people for informational chats. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Showcase your expertise! When you get the chance to meet potential employers or colleagues, be ready to discuss your underwriting experience and how you've tackled challenges in the past. Bring examples of your work to the table – it’ll make you stand out as a candidate who knows their stuff.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. Mention something specific from your conversation to remind them of your chat and reinforce your interest in the role. It shows you're keen and professional, which is always a plus!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be perfect for you. Plus, applying directly can sometimes give you a better chance of getting noticed by hiring managers. So, what are you waiting for? Get your application in!
We think you need these skills to ace Assistant Vice President - Property Underwriter - Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Assistant Vice President role. Highlight your underwriting experience and any relevant achievements that align with the job description. We want to see how you can bring value to our team!
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 demonstrate your marketing and negotiation skills, and don’t forget to show your enthusiasm for joining StudySmarter.
Showcase Your Team Spirit:Since this role involves working closely with others, make sure to highlight your teamwork skills. Share examples of how you've collaborated with colleagues or contributed to peer reviews in the past. We love a good team player!
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 you’re keen on joining StudySmarter!
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 regarding major property accounts. Be prepared to discuss specific cases you've worked on and the decisions you made. This will show your expertise and confidence in the role.
✨Showcase Your Marketing Skills
Since this role involves business development, think of examples where you've successfully identified up-selling or cross-selling opportunities. Prepare to share how you approached these situations and the outcomes, as this will highlight your marketing and negotiation skills.
✨Demonstrate Team Collaboration
This position requires working closely with colleagues and other departments. Be ready to talk about times when you've collaborated effectively with others, perhaps in peer reviews or coaching junior staff. This will illustrate your interpersonal skills and ability to work within a team.
✨Stay Current with Industry Trends
Familiarise yourself with recent developments in the insurance industry, particularly those affecting property underwriting. Being able to discuss these topics during your interview will demonstrate your commitment to staying informed and your proactive approach to the role.
