AVP, Construction & Engineering
Boston, NH - USA
Job Summary
Job Qualifications;
7 years Builders Risk insurance experience
4-year college degree preferred
Experience working on project-specific policy
Knowledge of master builders risk programs
Strong broker relationships with local and national retail and wholesale brokerages
Strong underwriting acumen and attention to detail
Understanding of natural catastrophe modeling and pricing
Experience and proficiency in policy wording broker manuscript forms review and policy issuance
Overall team player with collaborative outlook acting as a role model for more junior members of the team
Must be a self-starter
Willing to travel
Excellent communication skills including advanced negotiation communications and presentation experience
Compensation:
The below annualized base pay range is a broad range based on analysis of similarpositions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations including but not limited to complexity location and scope of the role along with experience skills education training and other conditions of employment. Base salary represents one component of Allied Worlds comprehensive total reward package which may also include annual incentive compensation rewards.
Salary range: $135000 - 160000
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 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 Summary:
You will be responsible for underwriting builders risk projects as part of the Construction and Engineering (C&E) team. You will utilize your business acumen and underwriting skills to develop pricing and negotiate terms and conditions to build a profitable book of business with existing and new retail and wholesale distribution partners.
Job Duties and Responsibilities:
Underwrite new builders risk (EAR CAR infrastructure) projects and negotiate policy terms and conditions. The underwriting focus is project-specific highly engineered construction risks
Distribution management: strategically develop broker distribution to generate new business opportunities and manage existing accounts
Prepare quotes binders referrals and underwriting file documentation in compliance with company guidelines
Providing direction to junior underwriter and / or assistant underwriter in the timely processing of Policy / Endorsement wordings
Develop and manage positive and effective working relationships with a commitment to service for all associates (brokers insureds and internal personnel) leading to high customer satisfaction
Coordinate and perform regular marketing calls underwriting meetings and events to promote product offerings participate in local professional organizations and remain current and engaged with existing and prospect insureds and brokers on key developments in the marketplace
Liaise with Claims Department on any specific claim activity and overall market claim concerns which could potentially affect profitability
Supporting the departmental Vice President in setting strategic goals setting budgets and producing regular Management Information
Work in a fast-paced environment multi-task and make quick decisions while maintaining underwriting integrity
This is a hybrid work arrangement with the expectation of working in an office 3 days a week
Approximately 25% travel required
Required Experience:
IC
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