Job Details
DescriptionJob ObjectivesResponsible for underwriting a portion of the AW Program P&C 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. Duties and Responsibilities Overall management of Program assigned to including but not limited to underwriting referrals, pricing analysis, underwriting audits, PML and aggregation monitoring, data feed review and relationship management of Program Administrator. Evaluate and respond to referrals in a timely manner by analyzing coverage, exposures and pricing. Work with management in setting and meeting budgeted premiums for assigned Program. Work to achieve profitability on assigned Program. Liaise with Claims Department on any specific claims activity on individual accounts, which could potentially affect profitability. Assure Program Administrator is compliant with all underwriting and administrative guidelines. Marketing attend client/broker meetings, lunches, dinners and other social outings as applicable. Assist team in vetting new Program opportunities. Attend training sessions and conferences when deemed appropriate Assist with special projects as needed under supervision of management 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 Other duties as assigned QualificationsCollege Degree Minimum of 8-15 years underwriting experienceStrong Verbal and Written Communication and Interpersonal SkillsExcellent organizational skills, and ability to multi taskAbility to work independently in a fast-paced, high pressure environmentMust be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challengedWillingness to travel Compensation: $113,000 - $150,000The 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 BusinessAllied 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 Holdings, Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, gender, gender identity, age, genetic information, marital or civil partnership status, family status, sexual orientation , military, veteran status, disability or any other characteristic protected by law.To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.Job Field: ProgramsJob Type: StandardTravel: Yes, 10 % of the TimeEmployee Status: Regular