Senior Property Underwriter

ELO Allied World Assurance Company (Europe) dac (UK Branch); Greater London; On-site; GBP 75,000 - 120,000; Full time

Job summary

Allied World is seeking an experienced Underwriter to handle major Property accounts in the London market. You will review cases, deliver decisions, and collaborate with juniors while maintaining strong controls and accurate policy wording reviews.

The role requires 5–10 years of London-market underwriting, strong marketing and negotiation skills, and a professional designation such as ACII/FCII. You will travel as needed and contribute to growth initiatives within a supportive team.

Qualifications

• 5–10 years experience underwriting major Property accounts in the London market.
• Strong marketing, negotiation and presentation skills.
• Excellent knowledge and understanding of standard market policy and endorsement wordings.
• ACII/FCII designation desirable.

Responsibilities

• Review allocated cases and deliver underwriting decisions within agreed processes at the designated authority level.
• Be a referral point for junior staff and contribute to peer review processes to support a control environment.
• Provide advice on policy wordings or reviews to ensure documentation is current and accurate.
• Identify and lead or contribute to marketing activities and product development to increase penetration or expand business.
• Travel within allocated geographical remit as required.
• Pursue up-selling and cross-selling opportunities to maximize revenue from new and renewal business.
• Manage customer interactions to deliver high standards of satisfaction.
• Provide coaching to less qualified colleagues to raise standards and expertise.
• Coordinate with Actuarial for pricing specific accounts when appropriate.
• Liaise with Claims on claims activity and market concerns affecting profitability.
• Stay current with major industry issues and developments.
• Maintain low levels of aged debt through accurate record-keeping and AR liaison.
• Carry out regular and ad hoc reporting.

Skills

Underwriting

Marketing

Negotiation

Presentation skills

Interpersonal skills

Analytical skills

Verbal and written communication

Teamwork

MS Office / Excel

Education

ACII/FCII desirable

Tools

MS Office

Excel

Job description

Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members.

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 in the London market.
• Strong marketing, negotiation and presentation skills.
• Excellent knowledge and understanding of standard market policy and endorsement wordings.
• Professional Insurance Designation such as ACII/ FCII 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.

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years.

This is what you can expect when you join us:

• Instant membership in the Allied World - a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources

Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto.

Allied work is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religions or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

To learn more, visit awac.com, or follow us on Facebook and LinkedIn.

Take the next step in your career with us. Allied World is the perfect spot for driven professionals who thrive on collaboration and knowledge. We believe that when our talented team members work together, our clients get the best results. We celebrate diverse perspectives and offer growth opportunities through training, mentoring, and career development. Our people are our greatest asset, and we're proud of our exceptional team.