Property Senior Underwriter
Property Senior Underwriter

Property Senior Underwriter

Warrington Full-Time 48000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Underwrite property cases, deliver decisions, and support business development.
  • Company: Allied World values collaboration and empowers professionals to grow through training and mentorship.
  • Benefits: Enjoy professional development opportunities and a supportive team environment.
  • Why this job: Join a dynamic team where your expertise directly impacts client solutions and business growth.
  • Qualifications: 5-10 years of property underwriting experience and strong communication skills required.
  • Other info: Opportunity for travel within the UK and involvement in marketing initiatives.

The predicted salary is between 48000 - 84000 £ 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.

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. 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 Property accounts in the Manchester and UK Regional markets.
  • Strong marketing, negotiation and presentation skills.
  • Excellent knowledge and understanding of standard market policy and endorsement wordings.
  • Professional Insurance Designation such as ACII/ FCII 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.

Property Senior Underwriter employer: Allied World

Allied World is an exceptional employer for professionals in the Property Senior Underwriter role, offering a collaborative work culture that values diverse perspectives and fosters personal growth through comprehensive training and mentoring programmes. Located in Manchester, employees benefit from a vibrant city atmosphere while enjoying competitive remuneration and opportunities for career advancement, making it an ideal environment for those seeking meaningful and rewarding employment.
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Contact Detail:

Allied World Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Property Senior Underwriter

✨Tip Number 1

Familiarise yourself with the latest trends and developments in the property insurance market. This knowledge will not only help you during interviews but also demonstrate your commitment to staying current in the industry.

✨Tip Number 2

Network with professionals in the property underwriting field, especially those who work at Allied World or similar companies. Attend industry events or join relevant online forums to build connections that could lead to referrals.

✨Tip Number 3

Prepare to discuss specific case studies or examples from your previous experience that highlight your underwriting decisions and how they contributed to business development. This will showcase your practical skills and understanding of the role.

✨Tip Number 4

Demonstrate your ability to work collaboratively by sharing examples of how you've successfully worked within a team in past roles. Highlighting your interpersonal skills will align well with Allied World's emphasis on collaboration.

We think you need these skills to ace Property Senior Underwriter

Underwriting Expertise
Risk Assessment
Market Knowledge
Negotiation Skills
Presentation Skills
Policy Documentation Review
Customer Relationship Management
Analytical Skills
Team Collaboration
Coaching and Mentoring
Marketing Strategy Development
Cross-Selling and Up-Selling Techniques
Attention to Detail
Time Management
MS Office Proficiency (Excel)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in Property accounts. Emphasise your years of experience in the Manchester and UK Regional markets, and showcase any professional insurance designations you hold.

Craft a Compelling Cover Letter: Write a cover letter that reflects your understanding of the role and the company. Mention your strong marketing, negotiation, and presentation skills, and how they align with the responsibilities of the Senior Underwriter position.

Showcase Your Teamwork Skills: In your application, provide examples of how you've successfully collaborated with colleagues, brokers, and clients in previous roles. Highlight your ability to support junior staff and contribute to a positive team environment.

Demonstrate Industry Knowledge: Include insights about current industry issues and developments in your application. This shows that you are proactive and knowledgeable, which is crucial for a role that involves advising on policy wordings and market concerns.

How to prepare for a job interview at Allied World

✨Showcase Your Underwriting Experience

Make sure to highlight your 5-10 years of experience in underwriting Property accounts, especially within the Manchester and UK Regional markets. Be prepared to discuss specific cases you've worked on and the decisions you made, as this will demonstrate your expertise and understanding of the role.

✨Demonstrate Team Collaboration

Since the role involves working closely with colleagues, brokers, and customers, be ready to share examples of how you've successfully collaborated in previous roles. Discuss how you’ve contributed to team success and supported junior staff, as this aligns with the company's value of collaboration.

✨Prepare for Technical Questions

Expect questions related to standard market policy and endorsement wordings. Brush up on your knowledge and be ready to explain complex concepts clearly. This will show your depth of understanding and ability to provide expert advice, which is crucial for the position.

✨Highlight Your Communication Skills

Excellent verbal and written communication skills are essential for this role. Prepare to discuss how you've effectively managed customer interactions and provided guidance to colleagues. Consider sharing a situation where your communication skills led to a positive outcome.

Property Senior Underwriter
Allied World
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  • Property Senior Underwriter

    Warrington
    Full-Time
    48000 - 84000 £ / year (est.)

    Application deadline: 2027-06-07

  • A

    Allied World

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