AVPVP Excess Casualty
AVPVP Excess Casualty
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$ 150000 - 200000
1 Vacancy
Job Description
Job Objectives:
Responsible for underwriting a complex book of business employing the methods necessary to meet projected profitability GWP and expense goals management and growth of the overall portfolio of business implementing proper underwriting discipline/guidelines marketing and servicing of existing and potential clients.
Job Duties:
- 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
- Review and analyze underwriting submissions slips and contracts
- Price and analyze coverage structure and exposures
- Set appropriate terms and conditions following the Company business strategy to quote selected risks
- Evaluate terms and structures in conjunction with Actuarial staff to meet corporate profitability targets
- Authorize quotes/binders/invoices as appropriate
- Exercise proper underwriting pricing and discipline to meet profitability goals complying with underwriting guidelines systems and procedures
- Negotiate with brokers and clients for new and renewal business
- 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
- Expand existing portfolio of business by developing existing relationships and new prospective clients
- Maintain overview of markets and industry developments through traveling attending market conventions and seminars and other means to optimize the underwriting and portfolio strategy
- Supervise underwriting assistants and associate underwriters to ensure information is inputted into the inhouse system in an accurate and timely manner
- Conduct prequote and midterm underwriting audits as needed
- On a quarterly basis review the development of the portfolio against original projections
- Periodic reporting to manager regarding submissions and current portfolio content
Job Requirements:
- 4year college degree
- Professional designation such as CPCU ACII or similar preferred
- 1015 years underwriting experience
- Established relationships with brokers/markets/companies
- Successful track record in developing and maintaining reinsurance placements
- Excellent negotiation skills
- Proficiency in Microsoft Office Suite (Excel Word and PowerPoint)
- Excellent communication (both written and verbal) and interpersonal skills
- Strong attention to detail and quantitative skills
- Ability to work to deadlines and prioritize tasks
- Ability and willingness to work outside normal office hours as required
Salary range: $
Compensation:
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 are a subsidiary ofFairfax FinancialHoldings Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in nontraditional ways.
Required Experience:
Exec
Employment Type
Gig
