Cargo Insurance Specialist

1 week ago


London, Greater London, United Kingdom Allied World Full time

We are seeking an experienced Cargo Insurance Specialist to join our team at Allied World.

The ideal candidate will have a strong understanding of cargo insurance policies and market trends, with a minimum of 5 years' experience in cargo or a similar line.

This role requires strong analytical and communication skills, as well as the ability to work effectively with clients, brokers, and internal stakeholders.

Duties and 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.
  • 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.
  • 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.

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.
  • Ability to manage deadlines and conflicting priorities.
  • Good attention to detail and quantitative skills.
  • Computer literate, with proficiency in Microsoft Office suite (Excel, Word, PowerPoint) and in using an underwriting system.
  • Salary: $90,000 - $110,000 per annum.


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