Healthcare Underwriter

CNA Hardy; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Healthcare Underwriter to join their London team. In this pivotal role, you will support the underwriting team by developing technical expertise and managing existing accounts while identifying new business opportunities. Your responsibilities will include reviewing applications, preparing quotations, and building relationships with brokers to achieve distribution targets. This is a fantastic opportunity to grow your career in a supportive environment that values innovation and professional development. Join a company committed to delivering exceptional service and tailored insurance solutions.

Qualifications

• Knowledge of underwriting and insurance industry practices.
• Strong analytical and problem-solving skills.
• Ability to work independently and motivate oneself.

Responsibilities

• Review applications and determine acceptability of risk.
• Prepare quotations and respond to queries from Brokers.
• Manage referrals on Affinity and Delegated business.

Skills

Underwriting knowledge

Analytical skills

Negotiation skills

Communication skills

Microsoft Office proficiency

Problem-solving skills

Understanding of risk and pricing

Interpersonal skills

Education

Interest or qualification in Healthcare

Tools

Microsoft Office

Job description

time left to apply End Date: May 17, 2025 (13 days left to apply)

job requisition id R-5659

We are looking for a Healthcare Underwriter to be based in our London team.

Position Summary

Under broad supervision, support the execution of the Healthcare business plan by supporting the underwriting team, focusing on developing underwriting skills and technical knowledge. Assist in managing existing accounts and identifying new business opportunities. Works within limited authority on assignments of moderate technical complexity, utilizing underwriting policies, guidelines, rating manual rules, and insurance laws and regulations.

Key Responsibilities

• Review applications and financial requirements for risks requiring technical underwriting skills.
• Determine acceptability of risk according to company guidelines and standards.
• Handle renewals and write new business within underwriting authority to contribute to business plan achievement.
• Prepare quotations and respond to queries from Brokers and internal/external contacts, escalating issues as necessary.
• Manage referrals on Affinity and Delegated business, liaising with coverholders/brokers, Underwriting Manager, and actuaries.
• Work on both Company and Lloyd’s platforms with regional and London brokers.
• Build relationships with brokers to achieve distribution targets.
• Identify new business and cross-selling opportunities with brokers and underwriters.
• Communicate underwriting decisions in writing and verbally to ensure clarity.
• Assist in preparing the business plan and other required documents/information.
• Accurately record policy information and maintain syndicate records and files.
• Prepare reports on figures and statistics for the team.
• Support business monitoring and control as directed.
• Coordinate with Underwriting Assistants and Admin Support Teams.
• Manage Broker and Coverholder referrals within SLAs.
• Update core reports regularly for the Healthcare Team.
• Participate in broker and client meetings with Underwriters.
• Ensure compliance with legal and regulatory requirements.
• Stay informed on state/territory issues, regulations, and trends.
• Work with senior underwriters on risks exceeding authority or requiring special handling.
• Perform additional duties as assigned.

Skills, Knowledge & Abilities

• Knowledge of underwriting and insurance industry practices.
• Developing technical expertise and negotiation skills.
• Understanding of business objectives and market dynamics.
• Interest or qualification in Healthcare preferred.
• Strong interpersonal and communication skills.
• Ability to work independently and motivate oneself.
• Strong analytical and problem-solving skills.
• Understanding of risk, pricing, contract wording, and claims analysis.
• Ability to exercise independent judgment and make sound decisions.
• Proficiency in Microsoft Office and other relevant software.

Company Description

Company Overview

CNA Hardy is a leading specialist commercial insurance provider for clients within Lloyd’s and the company markets. Part of CNA Financial Corp, the 8th largest U.S. commercial property and casualty insurer, established in 1897, with approximately 7,000 employees serving the U.S., Canada, and Europe. We offer a wide range of insurance solutions tailored to various business needs.

Why Choose CNA Hardy?

Our commitment is to our customers: delivering distinctive insurance solutions and superior service. Reasons to choose us include:

• Our people: We aim to be a great place to work, attracting and developing top talent.
• Our products: We offer innovative, specialised solutions supported by excellent claims and risk management services.
• Our relationships: We focus on building enduring partnerships with customers and producers.
• Our track record: Our financial strength is reflected in high ratings from AM Best and Standard & Poor’s.

We are committed to professional, honest dealings, meeting customer needs, and ensuring claims are handled fairly.

CNA Hardy is an equal opportunity employer.

The Company

CNA Hardy provides specialised insurance products for businesses of all sizes, with coverage options available globally across Lloyd’s and company markets.