Senior Underwriter – Technology E&O

Allied World; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A global insurance firm in Greater London is looking for a Senior Underwriter specializing in Technology and Media Errors & Omissions. This role requires over 5 years of experience and involves underwriting, developing strategy, and liaising with clients. Candidates must possess strong analytical and communication skills, and the ability to work collaboratively with a team. Join a company that values professional growth and offers comprehensive development programs.

Benefits

Career development programs

Collaborative team environment

Global network of professionals

Qualifications

• 5+ years experience in Errors and Omissions, Technology E&O, Cyber.
• Knowledge of standard market policy and endorsements.
• Exceptional communication and interpersonal skills.

Responsibilities

• Underwrite and grow Technology and Media E&O accounts.
• Develop underwriting strategy and marketing.
• Perform account analysis according to guidelines.
• Liaise with actuarial support for premium benchmarking.

Skills

Errors and Omissions knowledge

Analytical skills

Communication skills

Business development

Team player

Tools

MS Office

Job description

Job Description - Senior Underwriter - Technology E&O ()

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

• Underwrite and grow a portfolio of Technology and Media E&O accounts incorporating both primary and excess layer business.
• Both Standalone E&O and E&O/Cyber blended basis of cover.
• Help develop and evolve underwriting strategy and appetite for Technology and Media E&O business alongside the Senior Vice President - Errors & Omissions.
• Active role in new business development and marketing.
• Attend client/broker meetings, lunches, dinners and other social engagements.
• Meet regularly with key brokers to discuss production, new business pipelining and other topics relative to divisional operations.
• Perform extensive account analysis according to underwriting guidelines, to include thorough review of underwriting application/submission, research, reviewing requested terms and conditions including underlying policy forms when issuing on a follow form basis, underwriting rating tools.
• Perform referrals (as required) with Senior Vice President Errors & Omissions.
• Maintaining underwriting an orderly manner and in accordance with the underwriting guidelines.
• Liaise with actuarial support to develop premium benchmarking and pricing models, with development of account pricing / recommendations.
• Authorising of quotes and assisting in the process of booking bound business in accordance with company guidelines.
• Assist in the reporting of portfolio composition and performance.
• Liaise with Claims Department on any specific claim activity and overall market claim concerns which could potentially affect profitability.
• Stay current with respect to major industry issues and developments. Attend important industry conferences and seminars as appropriate.

Qualifications

• 5+ years demonstrable experience in the Errors and Omissions / Technology E&O / Cyber business lines.
• In-depth working knowledge of standard market policy and endorsement wordings.
• Excellent analytical skills and solid knowledge of pricing & actuarial models and methods.
• Must be highly articulate, with exceptional communication and interpersonal skills that are required for daily liaison with clients and brokers including delivering effective presentations and building strong working relationships.
• Strong marketing and business development capability and commercial acumen. Must have the ability to influence and negotiate to various levels of seniority, internally and externally.
• Highly computer literate within MS office applications.
• Methodical approach to work, strong organization skills; capable of dealing with tight reporting deadlines and conflicting priorities.
• Overall team player with collaborative outlook and ability to coach and develop more junior members of the team.

Working at Allied World

Our team of over 1,600 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 team - 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

We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, Labuan, London, Los Angeles, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion 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.