Job Summary:
Responsible for underwriting a portion of the property book of business, employing the methods necessary to meet projected profitability, expense goals, premium growth while simultaneously executing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients.
Job Duties and Responsibilities:
• 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
• Liaise with Claims Department on any specific claims activity on individual accounts, which could potentially affect profitability
• Maintain consistency 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 producers regularly to discuss production, service and other topics relative to mutual insured's and clients
• Follow treaty and facultative reinsurance protocols as required
• Stay current with respect to major industry issues and developments
• Provide specific reports as needed by senior staff
Job Requirements:
• Bachelor's Degree
• 5+ years of industry experience, property preferred
• Solid Writing and Communication Skills
• Excellent organizational skills, and ability to multi task
• Ability to work independently in a fast-paced, high pressure environment
• Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged
• Willingness to travel
Working at Allied World
Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
• Instant membership in the Allied World - a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources
Global Presence
Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.
Our Business
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holding Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in a non-traditional ways.
