Healthcare Underwriter
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Job Summary
Duties and Responsibilities:
- Respond to enquiries from Brokers / Intermediaries received in a courteous and helpful manner ensuring that all information to enable the underwriting of any risk is obtained and communicated.
- Complete the key tasks of securing appropriate information and facts to identify client(s) requirements and provide & communicate quotations.
- Using the information and facts gathered or presented by the ceding Brokers / Intermediaries to Rate / set Premiums apply terms and conditions in accordance with Binding Authorities under which the jobholder has been assigned underwriting permissions.
- The Jobholder in setting rates / Premium will utilised the Companies quotation system or rating guides.
- If any quotation is accepted verbally the jobholder will issue written confirmation providing full details of cover where applicable seek proposal(s) for completion or Statement(s) of Fact(s) for checking against underwriting facts information resting on file.
- Liase with Operations prepare and issue invoices policy documents and update client records.
- The jobholder will share responsibility for dealing with any actions attaching to existing clients on mid-term adjustments and claims occasionally referring such matters to senior colleagues.
- Maintain the system for raising renewals which should be actioned 4-6 weeks before renewal date produce renewal documentation and issue renewal documentation upon receipt of instructions to renew.
- Ensure that files and system records are created for new business and updated following all amendments notified by ceding Brokers / Intermediaries.
- Ensure that credit control rules are followed and that cash flow objectives are achieved.
- Maintain secure efficient and accurate filing systems.
- Other duties and responsibilities may be required.
Person Specification;
- 3 years experience underwriting in the London market.
- Strong marketing negotiating and presentation skills
- Knowledge and understanding of standard market policy and endorsement wordings
- Professional Insurance Designation such as ACII/FCII desirable or training towards
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
Allied World Assurance Company Holdings assures its clients that everything is well insured. In the US its insurance products include general property/casualty coverage as well as specialty products such as environmental, health care, and professional liability coverage targeted to sm ... View more
