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.
- 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.