Underwriter, Europe General Casualty Division

Allied World; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance firm is seeking an Underwriter for their Europe General Casualty Division in London. The role involves managing underwriting functions, authorizing policies, and liaising with the Claims department. Candidates should have over 3 years of experience in underwriting, strong marketing and communication skills, and familiarity with standard market policy and endorsement wordings. This position offers a pivotal role in a dynamic environment.

Qualifications

• 3+ years’ experience underwriting in the London market.
• Knowledge of standard market policy and endorsement wordings.
• Ability to prioritize work effectively.

Responsibilities

• General Underwriting functions including submission review and pricing analysis.
• Authorising quotes, binders, and invoices according to guidelines.
• Maintain orderly underwriting files and reporting systems.

Skills

Marketing skills

Negotiating skills

Presentation skills

Organizational skills

Interpersonal skills

Verbal communication

Written communication

Education

Professional Insurance Designation (ACII/FCII)

Job description

Job Description - Underwriter, Europe General Casualty Division (2500005O)

Job Description

Underwriter, Europe General Casualty Division - ( 2500005O )

Description

Duties and Responsibilities:

• General Underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorisations.
• Authorising of quotes, binders and invoices in accordance with company guidelines.
• Responsible for timely and correct issuance of bound policies. Crafting of Endorsement wordings for authorisation by legal.
• Providing direction to the Technical assistants in the Dublin office in the timely processing of Policy/Endorsement wordings.
• Perform referrals (as required) with the Vice President Casualty.
• Maintenance of underwriting files in an orderly and manner and in accordance with the underwriting guidelines. Including maintenance of all reporting systems fir submissions and bound accounts, rate change modeling, bound account listing, submission log and reports as may be developed.
• Seek input from Actuarial Department to price specific accounts when appropriate.
• 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.
• Marketing – attend client/broker meetings, lunches, dinners and other social outings as applicable. Meet with key brokers regularly to discuss production, service and other topics relative to division operations. Attend important industry conferences and seminars as appropriate.
• Other duties as may be assigned.

Qualifications

Person Specification:

• 3+ years’ experience underwriting in the London market.
• Strong marketing, negotiating and presentation skills
• Knowledge and understanding of standard market policy and endorsement wordings
• Professional Insurance Designation such as ACII/FCII desirable or training towards
• Organization skills and the ability to prioritize work
• Interpersonal skills and the ability to work within a team
• Strong verbal and written communication skills