Senior Underwriter, SME, Professional Lines

Allied World

  • London
  • Permanent
  • Full-time
  • 1 month ago
Take the next step in your career with us.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.Description of the role:This position is responsible for underwriting a diverse book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business within the appropriate underwriting discipline/guidelines, marketing and servicing of existing and potential insured’s.Duties and Responsibilities:
  • Analyze and evaluate of errors and omissions and insurance agents risks;
  • Analyze potential clients and present evaluations at daily group discussions
  • Maintain and begin to develop broker relationships throughout the country
  • Maintain a renewal retention rate of at least 70%
  • Develop new underwriters as our group grows;
  • Attend appropriate training sessions and conferences when deemed appropriate;
  • Assist with special projects as needed under supervision of management
  • Compliance with underwriting guidelines, systems and procedures
  • General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations
  • Seek input from Actuarial Department to set process specific accounts when appropriate
  • Liaise with Claims Department on any specific claims activity and overall market claims concerns, which could potentially affect profitability
  • Consistent with Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines
  • 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
  • Stay current with respect to major industry issues and developments
  • Assist in the implementation of iBind
  • Assist in rebranding and marketing of SME 360 and team capabilities
  • Continue to train Underwriting Assistants and Assistant Underwriters
  • Hold periodic appetite review forums with
  • Develop and update bespoke Allied World proposal Forms along with E&O
  • Provide specific reports as needed by senior staff
  • Other duties as assigned
QualificationsPerson Specification;
  • Solid Writing and Communication Skills
  • 4-6 years underwriting experience preferred
  • Excellent organizational skills, and ability to multitask
  • Ability to work independently in a fast-paced, high-pressure environment
  • Willingness to travel
  • Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged

Allied World