Job Summary:The Underwriter is responsible for supporting a book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of their portfolio of business, adhering to proper underwriting discipline/guidelines, marketing and assisting in the servicing of existing and potential clients.
Job Duties and Responsibilities:- Execute the business plan for the development, management, and expansion of a portfolio of accounts
- Prioritize and evaluate submissions in order to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives
- Perform underwriting analysis in accordance with Allied World guidelines
- Develop and recommend account pricing / structure / terms & conditions and review these in conjunction with underwriting staff
- Exercise proper underwriting pricing and discipline, comply with underwriting guidelines, systems, and procedures, and perform and document referrals
- Maintain underwriting files in a concise manner that is consistent with company best practices
- Delegate and supervise tasks with Account Coordinators
- Specialized focus on marketing to brokers within an assigned territory
- Attend client/broker meetings, lunches, dinners, and other social outings as applicable
- Attend important industry conferences and seminars as appropriate
- Liaise with brokers, internal auditors and Claims, Accounting, IT and Legal departments as appropriate
- Reporting to underwriting manager regarding submissions and current portfolio content
Qualifications:- 4-year college degree
- 0-3+ years' experience in underwriting
- Excellent negotiation and analytical skills
- Proficiency in Microsoft Office Suite (Excel, Word, Outlook and PowerPoint)
- Excellent communication (both written and verbal) and interpersonal skills
- Strong attention to detail and quantitative skills
- Ability to work independently in a fast paced, high-pressure environment
- Ability to work to deadlines and prioritize tasks
- Ability and willingness to work outside normal office hours as required
- CPCU designation, or other applicable insurance designations desired
- Willingness to travel for client meetings and broker visits throughout the assigned region
The salary range for this role is between:
The salary range for this role is between:
$70,000 - $100,000
The annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations, including but not limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one component of Allied World's comprehensive total reward package, which may also include annual incentive compensation rewards.
Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance.
