Vice President, Healthcare Underwriter

Allied World; England; On-site; GBP 65,000 - 85,000; Full time

Benefits offered by this job

Career-building coaching program

Access to learning and development resources

Global network of colleagues

Job summary

A global insurance provider is looking for a Mid-Senior level Underwriter to analyze and manage Healthcare accounts, with a strong emphasis on collaboration and business development. Candidates should have at least 15 years of experience and hold a professional insurance qualification (ACII). This full-time role requires exceptional analytical abilities and strong communication skills. The ideal candidate will thrive in a team-oriented environment, contributing to the overall strategy and success of the organization.

Qualifications

• Demonstrable experience underwriting Healthcare accounts and clients.
• Ability to influence and negotiate at various seniority levels.
• Methodical approach with strong organization skills.

Responsibilities

• Perform extensive account analysis according to underwriting guidelines.
• Authorize quotes, binders, and invoices in accordance with company guidelines.
• Develop marketing plans and attend client meetings.

Skills

Excellent analytical skills

Strong marketing and business development capability

Exceptional communication and interpersonal skills

Highly computer literate

Education

Graduate-level professional insurance qualification (ACII)

15 years experience in underwriting Healthcare accounts

Tools

MS Office applications

Underwriting systems

Job description

Overview

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

• 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.

Working at Allied World

• 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.

To learn more, visit awac.com, or follow us on LinkedIn at linkedin.com/company/allied-world.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance

Industries

• Insurance