Underwriter TraineeUnderwriter, Excess Casualty
New York City, NY - USA
Job Summary
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.
$85000 - $90000
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.
$85000 - $90000
Qualifications
University degree
2 years experience in General Casualty underwriting
Excellent negotiation and analytical skills
Proficiency in Microsoft Office Suite (Excel Word Outlook and PowerPoint)
Excellent communication (both written and verbal) and interpersonal skills
Strong attention to detail and quantitative skills
Ability to work independently in a fast paced high-pressure environment
Ability to work to deadlines and prioritize tasks
Ability and willingness to work outside normal office hours as required
CPCU designation or other applicable insurance designations desired
Willingness to travel for client meetings and broker visits throughout the assigned region
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 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.
To learn more visit or follow us on Facebook at LinkedIn at Underwriter General Casualty is responsible for supporting a book of business employing the methods necessary to meet projected profitability GWP and expense goals management and growth of their portfolio of business adhering to proper underwriting discipline/guidelines marketing and assisting in the servicing of existing and potential clients.
Job Duties and Responsibilities:
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
Perform underwriting analysis in accordance with Allied World (US) General Casualty guidelines
Develop and recommend account pricing / structure / terms & conditions and review these in conjunction with underwriting staff
Exercise proper underwriting pricing and discipline comply with underwriting guidelines systems and procedures and perform and document referrals
Maintain underwriting files in a concise manner that is consistent with company best practices
Delegate and supervise tasks with Account Coordinators
Specialized focus on marketing to brokers within an assigned territory
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
Reporting to underwriting manager regarding submissions and current portfolio content
Required Experience:
Intern
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