At a Glance
- Tasks: Analyse accounts, develop relationships, and issue policies in a dynamic insurance environment.
- Company: Join Allied World, a global leader in insurance and reinsurance solutions.
- Benefits: Enjoy career coaching, learning resources, and a supportive team culture.
- Why this job: Make an impact in the insurance industry while growing your professional skills.
- Qualifications: 5-7 years of underwriting experience and strong analytical skills required.
- Other info: Collaborative team atmosphere with opportunities for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
Duties and Responsibilities
- Development of the Allied World regional portfolio exploring opportunities with existing partners and establishing new relationships.
- Perform extensive account analysis according to underwriting guidelines, including thorough review of underwriting application/submission, consideration of risk management protocols, research via online services and other available resources, and liaising with other Company departments to establish full understanding of risk exposures.
- Perform referrals (as required) with the relevant AW contact.
- Responsible for timely and correct issuance of bound policies.
- Working closely with the wider Commercial Division and contribute to the formation of overall strategy/business plans and the execution thereof.
- Authorizing of quotes, binders and invoices in accordance with company guidelines.
- Accountable for the maintenance of underwriting files in an orderly manner and in accordance with the underwriting guidelines.
- Supervision of work to 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.
Person Specification
- Required 5 – 7 years demonstrable experience underwriting commercial combined or property business.
- 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
Our team of over 1,600 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
- 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.
Senior Underwriter, UK Commercial Division in Manchester employer: Allied World
Contact Detail:
Allied World Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter, UK Commercial Division in Manchester
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and don’t shy away from reaching out on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how you can contribute to their goals. This will help you stand out and show that you’re genuinely interested in being part of the team.
✨Tip Number 3
Practice your pitch! Be ready to articulate your experience and how it aligns with the role. A confident and clear presentation of your skills can make a lasting impression on interviewers.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can reinforce your interest and keep you top of mind. Plus, it shows your professionalism and appreciation for their time.
We think you need these skills to ace Senior Underwriter, UK Commercial Division in Manchester
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Underwriter role. Highlight your experience in underwriting commercial combined or property business, and don’t forget to showcase those analytical skills that we’re looking for!
Show Off Your Communication Skills: Since this role involves liaising with clients and brokers, it’s crucial to demonstrate your exceptional communication abilities. Use clear and concise language in your application to reflect how articulate you are.
Highlight Your Team Spirit: We value collaboration at StudySmarter, so make sure to mention any experiences where you’ve worked as part of a team. If you’ve coached or developed junior members, definitely include that – it shows you’re a team player!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our 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 regarding commercial combined and property business. Be prepared to discuss specific examples from your past experience that demonstrate your analytical skills and understanding of pricing and actuarial models.
✨Showcase Your Communication Skills
Since this role involves liaising with clients and brokers, practice articulating your thoughts clearly and confidently. Consider preparing a few key points about how you've successfully built relationships in the past, as well as any effective presentations you've delivered.
✨Demonstrate Your Marketing Acumen
Be ready to discuss your marketing strategies and business development capabilities. Think of instances where you've influenced decisions or negotiated effectively, and be prepared to share these stories during the interview.
✨Emphasise Team Collaboration
This position requires a collaborative approach, so highlight your experience in coaching and developing junior team members. Share examples of how you've worked within a team to achieve common goals, and express your enthusiasm for contributing to a supportive team environment.