Underwriter/ Senior Underwriter - Real Estate/ Property Owners

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Underwriter/ Senior Underwriter - Real Estate/ Property Owners

  • Location:

    London

  • Contact:

    Piere Forbes

  • Contact email:

    piere.forbes@equitycity.co.uk

  • Contact phone:

  • Job ref:

    412

  • Published:

    14 days ago

  • Expiry date:

    2024-07-05

Title:  Real Estate/Property Owners Senior Underwriter 
Location: London
Salary: £80,000 per annum 

Duties and Responsibilities:
  • Development of the Allied World Real Estate/Property owners portfolio exploring opportunities with our existing partners and establishing new relationships
  • 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 the relevant AW contact
  • Responsible for timely and correct issuance of bound polices.
  • Working closely with the wider Commercial Division and contribute to the formation of overall strategy / business plans and the execution thereof.
  • Liaise with actuarial support to develop premium benchmarking and pricing models, with development of account pricing/recommendations.
  • Authorising of quotes, binders and invoices in accordance with company guidelines.
  • Ensuring receipt of and review of outstanding information 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.
  • Supervision of work to Underwriters as deemed appropriate and responsible for the professional development and training of assigned team members or direct reports if and 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 industry conferences and seminars as appropriate.
Person Specification;
  • Required 5 - 7 years demonstrable experience underwriting commercial combined or property business
  • 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.