Sr. Underwriter, DBA
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Job Location:
Chicago, IL - USA
Monthly Salary:
$ 120000 - 140000
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Job Objectives:
Grow and manage a portfolio of Defense Base Act (DBA) and Foreign Casualty business employing the methods necessary to meet projected profitability GWP and expense goals proper underwriting discipline/guidelines marketing and servicing of existing and potential clients.
Duties and Responsibilities:
Specific responsibilities of this position include:
- Perform account analysis according to Allied World (US) General Casualty guidelines.
- Review and analyze underwriting submissions.
- Prepare quotes binders invoices underwriting worksheets within company guidelines.
- Maintain files in an orderly manner consistent with company guidelines.
- Work in conjunction with Allied Worldwide to build out local admitted network and place local admitted coverages as necessary.
- Attend Client meetings lunches dinners and other social outings as applicable.
- Attend educational seminars.
- Market within region and engage production meetings.
- Work with Legal department for manuscript wording analysis and preparation
- Other duties as may be assigned.
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.
The base salary for this position is $120000 - $140000
Requirements:
- Excellent Communication skills for both internal and external clients
- Ability to work independently in a fast paced high-pressure environment.
- 1-3 years experience in General Casualty/DBA underwriting experience
- Proficient in Microsoft applications including word outlook and excel.
- Excellent organizational skills and ability to multitask required.
- CPCU designation or partial preferred.
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 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 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.
To learn more visit or follow us on Facebook at LinkedIn at Experience:
Senior IC
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
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
