Senior Underwriter - Real Estate/Property Owners, Europe Commercial Division

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Client:

Allied World Assurance Company Holdings

Location:

London, United Kingdom

Job Category:

-

EU work permit required:

Yes

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Job Reference:

9fcbe2cf9ab3

Job Views:

9

Posted:

26.04.2025

Expiry Date:

10.06.2025

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Job Description:

At Allied World we have over 1,400 talented and loyal employees working in 20 offices globally who service clients throughout the world. We are focused on providing superior customer service and creative risk solutions, building long-term, mutually beneficial relationships. Our employees share our passion for progress and success, and we are looking for talented committed people to join our team.

The Allied World Commercial team has strong relationships with our broking partners across the UK, and we are committed to providing effective products and excellent service. We are recruiting for a Senior Underwriter in our London office to help grow our Real Estate/Property Owners book of business.

Duties and Responsibilities:

• Development of the Allied World Real Estate/Property Owners portfolio by exploring opportunities with existing partners and establishing new relationships.
• Perform extensive account analysis according to underwriting guidelines, including review of applications, risk management protocols, online research, and liaising with other departments to understand risk exposures and complete underwriting worksheets.
• Perform referrals with relevant contacts as required.
• Responsible for the timely and accurate issuance of policies.
• Work closely with the wider Commercial Division to contribute to strategic planning and execution.
• Liaise with actuarial support to develop premium benchmarking and pricing models, and develop account pricing/recommendations.
• Authorize quotes, binders, and invoices per company guidelines.
• Ensure receipt and review of outstanding information to confirm terms and conditions at binding.
• Maintain underwriting files systematically following guidelines.
• Supervise work of other underwriters as appropriate and oversee the professional development of team members.
• Attend client and broker meetings, industry conferences, and social events to foster relationships and discuss business topics.

Qualifications:

• 5-7 years of demonstrable experience underwriting commercial combined or property insurance.
• Excellent analytical skills with solid knowledge of pricing and actuarial models.
• Exceptional communication and interpersonal skills for daily client and broker interactions, presentations, and relationship building.
• Strong marketing and business development skills, with the ability to influence and negotiate at various levels.
• Proficiency in MS Office and underwriting systems.
• Methodical, well-organized, and capable of managing conflicting priorities.
• Team-oriented with a coaching approach for developing junior team members.

Additional Details:

• Primary Location: London, UK
• Office Address: 20 Fenchurch Street, London, EC3M 3BY
• Job Type: Full-time, Day Shift, Regular Employee, Standard Posting Date: Apr 18, 2024