Vice President, Healthcare Underwriter

Allied World Assurance Company; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A prominent insurance firm in London is seeking an experienced Underwriter to manage healthcare accounts. The ideal candidate has over 15 years of experience in the field, excellent analytical and communication skills, and a professional insurance qualification. Responsibilities include extensive account analysis, crafting endorsement wordings, and developing overall healthcare strategies. This is a full-time position that offers an opportunity to thrive in the dynamic insurance sector.

Qualifications

• Graduate-level individual with professional insurance qualification ACII already obtained.
• 15 years demonstrable experience underwriting Healthcare accounts and clients.
• Excellent analytical skills and solid knowledge of pricing & actuarial models.
• Must be articulate with exceptional communication and interpersonal skills.
• Strong marketing and business development capability with commercial acumen.
• Highly computer literate within MS office applications and underwriting systems.
• Methodical approach to work with strong organization skills.
• Overall team player with collaborative outlook.

Responsibilities

• Perform extensive account analysis and complete underwriting worksheets.
• Craft Endorsement wordings for authorization by legal.
• Develop overall Healthcare strategy and execute business plans.
• Market business in London market and explore new opportunities.
• Liaise with actuarial support for premium benchmarking and pricing models.
• Supervise Assistant Underwriters and develop team members.
• Attend client meetings and industry conferences as appropriate.

Skills

Change Management

Financial Services

Growing Experience

Managed Care

Management Experience

Analysis Skills

Senior Leadership

Performance Management

Process Management

Leadership Experience

Negotiation

Analytics

Education

Professional insurance qualification ACII

Tools

MS Office applications

Underwriting systems

Job description

Duties and Responsibilities :

• Perform extensive account analysis according to underwriting guidelines to include thorough review of underwriting application / submission consideration of risk management protocols research via on-line services and other available resources and liaising with other Company departments to establish full understanding of risk exposures and completion of underwriting (pricing) worksheets.
• Perform referrals (as required) with Senior Vice President Healthcare and / or Head of Specialty
• Responsible for timely and correct issuance of bound polices. Crafting of Endorsement wordings for authorization by legal. Providing direction to the team to achieve timely processing
• Working closely with the Senior Vice President of Healthcare and contribute to the formation of overall Healthcare strategy / business plans and the execution thereof.
• Policy / Endorsement wordings.
• Active role in the development of business in London market exploring opportunities and marketing within the London Market and EU as required.
• Liaise with actuarial support to develop premium benchmarking and pricing models with development of account pricing / recommendations.
• Authorizing of quotes binders and invoices in accordance with company guidelines.
• Ensuring receipt of and review of outstanding information (including underlying / followed policies) to ensure consistency with the terms and conditions agreed at binding.
• Accountable for the maintenance of underwriting files in an orderly manner and in accordance with the underwriting guidelines.
• Delegation (and supervision) of work to Assistant Underwriters as deemed appropriate and responsible for the professional development and training of assigned team members or direct reports where applicable.
• 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 operation
• Attend important industry conferences and seminars as appropriate.

Job Requirements :

• Ideally graduate-level individual with professional insurance qualification ACII already obtained
• Required 15 years demonstrable experience underwriting Healthcare accounts and clients
• Excellent analytical skills and solid knowledge of pricing & actuarial models and methods
• Must be highly articulate with exceptional communication and interpersonal skills required for daily liaison with clients and brokers including delivering effective presentations and building strong working relationships.
• Strong marketing and business development capability commercial acumen ability to influence and negotiate to various levels of seniority internally and externally.
• Highly computer literate within MS office applications and an advanced level proficiency using underwriting systems
• Methodical approach to work strong organization skills; capable of dealing with tight reporting dealing and conflicting priorities
• Overall team player with collaborative outlook coaching approach to the development of more junior members of the team.

Required Experience

Exec

Key Skills

• Change Management
• Financial Services
• Growing Experience
• Managed Care
• Management Experience
• Analysis Skills
• Senior Leadership
• Performance Management
• Process Management
• Leadership Experience
• negotiation
• Analytics

Employment Type

Full Time

Experience

years

Vacancy

1