SeniorA&E Underwriting Professional
Location:
The position can be located in any Allied World US office including New York Iselin NJ Boston Farmington Houston Dallas Chicago Philadelphia Los Angeles San Francisco Miami
Job Summary:
The AVP will be proficient in evaluating analyzing and determining the appropriate terms and conditions for the various products within the A&E Division. This will include A&E Contractors Project placements and Excess placements on all lines. The position will focus in part on facilitating and developing producer and insured contacts specific to Architects and Engineers within the ENR 500 group.
Job Duties & Responsibilities:
Job Duties & Responsibilities:
Review and analyze underwriting submissions
Establish a network of market contacts and act as the lead marketer of A&E and Construction Professional in your territory
Underwrite to appropriate terms and conditions following the Company business strategy to quote selected risks
Present accounts to customers
Price and analyze coverage structure and exposures
Authorize quotes/binders/invoices as appropriate
Attend client/broker meetings as applicable
Negotiate with brokers and clients for new and renewal business
Assist in the development and formulation of data/reports as needed
Ensure that underwriting pricing and discipline are followed to meet profitability goals complying with underwriting guidelines systems and procedures
Attend underwriting audits as needed
Liaise with brokers internal auditors and Claims Accounting IT and Legal departments as appropriate
Attend important industry conferences and seminars as appropriate
Compensation:
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 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.
The base salary range for this role is $150000 - $210000.
The base salary range for this role is $150000 - $210000.
Qualifications
7 years Professional liability underwriting experience or equivalent broker experience
Experience in architects and engineers (A/E) exposure analysis Contractors exposure analysis project specific professional liability placements and a working knowledge of A/E/Contractors specialty producers and brokers
Solid communication skills computer skills and organizational skills
Insurance certification preferred (CPCU or RPLU)
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 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 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 Employer.All qualified applicants will be considered for employment without consideration of any disability veteran status or any other characteristic protected by law.
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Senior IC
Allied World Assurance Company Holdings assures its clients that everything is well insured. In the US its insurance products include general property/casualty coverage as well as specialty products such as environmental, health care, and professional liability coverage targeted to sm ... View more