Assistant Underwriter - Marine & Cargo, London
Client:
Allied World Assurance Company Holdings, Ltd
Location:
London, United Kingdom
Job Category:
Other
EU work permit required:
Yes
Job Reference:
2234099e7c1d
Job Views:
5
Posted:
29.06.2025
Expiry Date:
13.08.2025
Job Description:
Responsibilities:
- Perform underwriting submission review, account research, pricing analysis, review of terms and conditions, sanctions screening, clash checking, assessment of exposures, and completion of pricing tools and underwriting notes, all in accordance with underwriting guidelines and in conjunction with underwriters.
- Perform underwriting referrals with underwriters following account analysis, including thorough reviews of underwriting submissions, including underlying or follow-form policies according to underwriting guidelines.
- Monitor relevant electronic placing systems and liaise with underwriters to manage required actions for slips, endorsements, and supporting information.
- Ensure timely and accurate processing of policy and endorsement bookings onto the underwriting systems.
- Maintain underwriting files in an orderly and consistent manner, including filing and scanning of underwriting documents and correspondence as required.
- Provide assistance to underwriters during the underwriting process, including liaison with Brokers.
- Enter relevant data and maintain records in underwriting systems, business logs, and other tools as required.
- Liaise regularly with internal departments including Operations, DUA, Finance, Legal, and Compliance Teams.
- Coordinate with the CAT modelling team regarding new and renewal account modelling and portfolio queries, in accordance with underwriting guidelines.
- Stay updated on current affairs and market developments through research and team discussions.
- Develop market relationships, represent, and promote Allied World, including attending client/broker meetings and market forums.
- Communicate with brokers regarding overdue premiums, risk or premium bordereaux, and outstanding underwriting information.
- Support Marine department underwriters by producing regular Management Information and bespoke reports as needed.
- Perform other duties as assigned.
Qualifications:
- Must be highly articulate with good communication and interpersonal skills for liaison with clients, brokers, and internal teams, and to build strong working relationships.
- Willing to study for a professional insurance qualification, such as Cert CII (or equivalent).
- Proficient in MS Office applications; advanced skills in underwriting systems like Genius and Openbox are advantageous.
- Methodical with strong organizational skills; capable of meeting tight deadlines and managing conflicting priorities.
- Attention to detail and strong quantitative skills.
- Team player with a collaborative outlook.
- Willing to work outside normal office hours as required.
- Ideally with 2+ years of insurance experience in a similar role.
Job ID: 2500001N
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Created on 29/06/2025 by TN, United Kingdom