Senior Underwriter

23 hours ago


London, Greater London, United Kingdom Allied World Full time
Job Title: Senior Underwriter

We are seeking a highly skilled Senior Underwriter to join our team in the Marine Division. As a key member of our underwriting team, you will be responsible for underwriting cargo business and providing technical, analytical, operational, and underwriting services.

Key Responsibilities:
  • Analyse and prepare submissions prior to underwriting, including account research and preparation for client and broker meetings.
  • Underwrite new/renewal business and alterations to existing contracts in accordance with Letter of Authority, relevant technical knowledge, and appropriate rating methodology.
  • Enter and maintain information with various in-house underwriting systems and generate reports as required.
  • Prepare quotes and bind accounts in underwriting systems as underwritten or as directed by other team underwriters.
  • Liaise with other underwriters and brokers as well as other internal departments as required.
  • Perform underwriting referrals with manager following account analysis, including thorough reviews of underwriting submissions.
  • Attend client/broker lunches, dinners, and other work-related social outings as applicable.
  • Assist with the development of account pricing/recommendations/peer review.
  • Attend relevant internal and external meetings.
  • Undertake renewal monitoring and renewal process management.
  • Maintain underwriting files in accordance with company standards.
  • Liaise with brokers on account administration matters, including premium and outstanding underwriting documentation.
  • Undertake other duties as may be assigned.
Requirements:
  • At least 5+ years' demonstrable experience in Cargo or similar line with expertise and in-depth working knowledge of standard market policy and endorsement wordings.
  • Strong communication and interpersonal skills for liaison with clients and brokers, including delivering effective presentations and building strong working and networking relationships.
  • Strong marketing and business development capability – commercial acumen; ability to influence and negotiate to various levels of seniority, internally and externally.
  • Computer literate, with proficiency in Microsoft Office suite (Excel, Word, PowerPoint) and in using an underwriting system.
  • Good attention to detail and quantitative skills.
  • Ability to manage deadlines and conflicting priorities.
About Allied World:

Allied World is an Equal Opportunities Employer. We are committed to providing a diverse and inclusive work environment that values and respects the contributions of all employees. We are proud to be a part of the Fairfax Financial Holdings Ltd. group and a Lloyds syndicate, with a global presence and a reputation for excellence in the insurance industry.


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