Sr UnderwriterAVP Casualty Reinsurance
Sr UnderwriterAVP Casualty Reinsurance
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$ 90000 - 135000
1 Vacancy
Job Description
Compensation
The below 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 he listed range and determined by a number of considerations including but now limited to complexity location and scope of the role along with experience skills education training and other conditions of employment. Base salary represents one compensation of Allied World comprehensive total reward package which may also include annual incentive compensation rewards.
$90000 $135000
Requirements:
- Bachelors degree preferably in Accounting Finance or Risk Management
- Insurance industry designations such as CPCU ARe RPLU
- 25 years underwriting experience.
- Excellent negotiation and documentation skills.
- Proficiency in Microsoft Office Suite (Excel Word and PowerPoint SharePoint).
- Excellent verbal written and interpersonal skills.
- Strong attention to detail and quantitative skills.
- Ability to prioritize tasks and meet deadlines.
- Ability and willingness to work outside normal office hours and travel as required.
About Fairfax
Fairfax is a holding company which through its subsidiaries is engaged in property and casualty insurance and reinsurance and investment management.
About Allied World
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 Holdings Limited and we benefit from a worldwide network of affiliated entities that allow us to think and respond in nontraditional ways. Our capital base is strong our solutions anticipate rather than react to changing trends and our teams are focused on establishing longterm relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: Facebook: LinkedIn: generous benefits package includes: Health and Dental Insurance 401k plan and Group Term Life Insurance. Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individuals race color national origin religion or belief sex age genetic information marital or civil partnership status family status sexual orientation gender identity or their protected veteran or disability status. Please visit for further information on Allied World.
Job Objectives:
Responsible for underwriting a reinsurance portfolio for Casualty and Professional Liability lines of business by employing the methods described within the Global Reinsurance Underwriting Guidelines and Business Unit Underwriting Guidelines. Responsibilities include underwriting reinsurance submissions marketing to brokers and clients performing underwriting audits interacting internally with Actuarial Legal and Claims staffs as necessary to meet projected profitability GWP and expense goals.
Duties and Responsibilities:
- Prioritize and evaluate treaty submissions to identify those treaties and structures that provide opportunity for profit consistent with the business plan.
- Work with actuarial team to determine the optimal price and structure for new and renewal treaty business.
- Manage and develop broker and client relationships.
- Negotiate treaty terms conditions and participations with brokers and clients.
- Conduct underwriting audits.
- Review contracts to ensure wordings comply with underwriting guidelines and reflect intended terms and conditions.
- Coordinate underwriting activities with Claims Accounting and Legal departments as necessary.
- Ensure compliance with underwriting and administrative guidelines and procedures.
Required Experience:
Exec
Employment Type
Gig
