At a Glance
- Tasks: Underwrite property cases and drive business development in Manchester.
- Company: Dynamic insurance firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, professional growth opportunities, and a supportive work environment.
- Other info: Opportunity for career advancement and involvement in exciting marketing initiatives.
- Why this job: Join a leading team and make impactful decisions in the insurance industry.
- Qualifications: 5-10 years of 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 in Warrington 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, while fostering a supportive environment where your contributions directly impact business success. Join us to be part of a forward-thinking team that values innovation and customer satisfaction, making it an excellent place for meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Vice President - Property Underwriter - Manchester in Warrington
✨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 to reach out for informational chats. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Showcase your expertise! When you’re chatting with potential employers or networking contacts, make sure to highlight your underwriting experience and any successful projects you've led. Use specific examples to demonstrate how you can add value to their team.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for the Assistant Vice President position.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for talented individuals like you. Keep an eye on our listings and make sure your application stands out by tailoring it to the specific role and showcasing your unique skills.
We think you need these skills to ace Assistant Vice President - Property Underwriter - Manchester in Warrington
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 your skills fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about property underwriting and how you can contribute to our goals in Manchester. Keep it engaging and personal, so we get a sense of who you are.
Showcase Your Skills:Don’t forget to highlight your marketing, negotiation, and presentation skills in your application. We’re looking for someone who can not only underwrite but also help us grow our business, so make sure we see those abilities!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us. Plus, it’s super easy!
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 how you made decisions within the risk appetite. This will show that you’re not just familiar with the processes but can apply them effectively.
✨Showcase Your Marketing Skills
Since this role involves business development, think of examples where you've successfully identified up-selling or cross-selling opportunities. Be ready to share how you contributed to marketing activities or product development initiatives in your previous roles. This will demonstrate your proactive approach to driving business growth.
✨Demonstrate Team Collaboration
This position requires liaising with various stakeholders, so highlight your teamwork skills. Prepare examples of how you've worked with colleagues, brokers, or customers to achieve common goals. Emphasise your ability to provide guidance and support to junior staff, showcasing your leadership potential.
✨Prepare for Technical Questions
Expect questions about policy wordings and endorsements, as well as how you stay current with industry developments. Brush up on your technical knowledge and be ready to discuss how you’ve handled specific claims or pricing issues in the past. This will show that you’re not only knowledgeable but also engaged with the industry.
