Underwriter, Hong Kong General Casualty
Underwriter, Hong Kong General Casualty
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Job Description
Essential Requirements:
- College degree required.
- The candidate needs to have strong fundamentals in underwriting principles pricing and knowledge of policy wordings.
- The ideal candidate will have strong connections in the market with intermediaries.
- A self-starter who can work independently while also being able to work in conjunction with other functional departments will be looked upon favorably.
*All information collected from applicants will be kept in accordance with Allied World Assurance Company Ltds (Hong Kong branch) privacy and security policy.
Working at Allied World
Our team of over 1600 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 Family - 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
We are headquartered in Bermuda with offices in Atlanta Boston Chicago Costa Mesa Dallas Dublin Farmington (CT) Hong Kong London Los Angeles Malaysia Miami New York Philadelphia San Francisco Singapore Sydney Toronto and Zug.
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 Holdings Limited and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.
Allied World is an equal opportunity employer. Subject to applicable law all qualified applicants will be considered for employment without regard to race color religion or belief gender age disability military service marital or civil partnership status family status sexual orientation ethnic or national origin genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.
To learn more visit or follow us on Facebook at and LinkedIn at the next step in your career with us.
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development career training and mentoring programs.
Our people are our most important asset and we are very proud of the quality of our team members.
Job Summary:
This position is responsible for underwriting a complex book of General Casualty business. The position will require the employee utilizing the methods necessary to meet projected profitability GWP and expense goals implementing proper underwriting disciplines/guidelines and marketing and servicing to existing and potential clients. The position will also require the administration and monitoring of underwriting rules and guidelines insurance laws and regulations and rating rules and models.
In addition the employee will be required to provide technical guidance assistance and training to lower-level associates.
Job Duties:
- Underwriting functions including underwriting submission review pricing analysis setting of terms and conditions and quote/binder/invoice authorizations.
- Execute approved General Casualty business plan to establish and develop balanced and diverse book of business in accordance with underwriting guidelines.
- Set appropriate terms and conditions following the Companys business strategy to quote selected risks.
- Exercise proper underwriting pricing and discipline to meet profitability goals comply with underwriting guidelines systems and procedures.
- Mentor junior underwriting staff which includes but is not limited to training and development.
- Maintain underwriting files in an orderly manner and in accordance with underwriting guidelines including maintenance of all reporting systems for submissions and bound accounts rate change modelling bound account listing submission log and reports as may be developed.
- Conduct pre-quote and mid-term underwriting audits as needed.
- Expand existing portfolio of business by developing existing relationships and new prospective clients.
- Interact with existing and prospective clients brokers re-insurers and other business partners in support of the business.
- Liaise with brokers internal auditors Claims Actuarial Accounting IT and Legal departments as appropriate.
- Take on additional responsibilities as required.
- Business travel may be required occasionally.
Employment Type
Gig
