Vice President, Healthcare Underwriter

Alliedworldinsurance; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A global insurance company in London seeks a Healthcare Underwriter with at least 15 years' experience. Responsibilities include thorough account analysis, crafting policy documents, and engaging in business development. Candidates must have excellent analytical and communication skills and a graduate degree with ACII qualification. The role offers opportunities for professional development and collaboration within a dynamic team environment.

Benefits

Structured coaching

Access to learning and development resources

Qualifications

• Requires 15 years of experience underwriting Healthcare accounts.
• Must possess excellent analytical skills and knowledge of pricing models.
• Strong ability to influence and negotiate with various levels of seniority.

Responsibilities

• Perform extensive account analysis and ensure compliance with underwriting guidelines.
• Collaborate on the formation of overall Healthcare strategy and business plans.
• Engage in business development activities in the London market.

Skills

Analytical skills

Communication skills

Marketing and business development

MS Office proficiency

Collaborative team player

Education

Graduate-level education with professional insurance qualification (ACII)

Tools

Underwriting systems

Job description

Overview

Allied World is an equal opportunity employer. We are a global provider of insurance and reinsurance solutions with a collaborative culture and strong professional development opportunities.

Our team of over 1,600 professionals has deep expertise in the industry. This role supports the Healthcare practice and contributes to the formation and execution of strategy, pricing, and client service in a dynamic underwriting environment.

Duties and Responsibilities

• Perform extensive account analysis according to underwriting guidelines, including review of underwriting applications/submissions, risk management protocols, online research, 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.
• Ensure timely and accurate issuance of bound policies; craft endorsement wordings for authorization by legal; provide direction to the team to achieve timely processing.
• Collaborate with the Senior Vice President of Healthcare to contribute to the formation of overall Healthcare strategy and business plans and the execution thereof.
• Manage policy/endorsement wordings and maintain underwriting files in an orderly manner in accordance with guidelines.
• Play an active role in business development in the London market, exploring opportunities and marketing within the London Market and EU as required.
• Liaise with actuarial support to develop premium benchmarks and pricing models, including development of account pricing/recommendations.
• Authorize quotes, binders and invoices in accordance with company guidelines; ensure receipt and review of outstanding information to maintain consistency with binding terms.
• Delegate and supervise work to Assistant Underwriters where appropriate; mentor and train assigned team members.
• Engage in marketing activities: attend client/broker meetings, lunches, dinners, and other outreach; meet with key brokers to discuss production and service topics relevant to division operations.
• Attend important industry conferences and seminars as appropriate.

Job Requirements

• Ideally, graduate-level with professional insurance qualification (ACII) already obtained.
• Required 15 years of demonstrable experience underwriting Healthcare accounts and clients.
• Excellent analytical skills with solid knowledge of pricing and actuarial models and methods.
• Highly articulate with exceptional communication and interpersonal skills; able to liaise daily with clients and brokers, deliver effective presentations, and build strong working relationships.
• Strong marketing and business development capability with commercial acumen; ability to influence and negotiate with various levels of seniority internally and externally.
• Highly computer literate with MS Office and advanced proficiency using underwriting systems.
• Methodical, well-organized, and capable of handling tight reporting deadlines and conflicting priorities.
• Collaborative team player with a coaching approach to developing junior team members.

Working at Allied World

We offer a global network of colleagues, structured coaching, and access to learning and development resources to support your career journey.

Global Presence

Headquartered in Bermuda with offices worldwide, including London and other major markets.

About Allied World

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the Allied World brand and have supported clients and partners since 2001. We are a subsidiary of Fairfax Financial Holdings Limited.

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