Underwriter, North American E&O Division
Farmington, NM - USA
Job Summary
Requirements:
- Bachelors Degree preferred
- 1 - 3 years underwriting experience in related line of business
- Excellent organizational skills time management skills and flexibility
- Ability to work in a fast-paced high pressure environment
- Solid Writing and Communication Skills
- Must be able to think originally be willing to challenge ideas and be receptive to having their own ideas challenged
- Willingness to travel
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: $70000-$80000
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 Objectives:
Underwrite and service a book of errors & omissions liability business including new and renewal business. Emphasis will be on Miscellaneous E&O and Lawyers Professional Liability employing the methods necessary to meet projected premium and profitability goals. Comply with divisional and corporate underwriting guidelines administrative standards and time service standards.
Duties and Responsibilities:
- Compliance with underwriting guidelines systems and procedures
- Perform general underwriting functions including underwriting submission review pricing analysis setting of terms and conditions and quote/binder/invoice with authorized approval
- Work within authority and receive proper approval from manager as necessary.
- Liaise with Claims Department on any specific claim activity
- Consistent with Internal Audit department procedures achieve compliance with all underwriting and administrative guidelines
- Attend marketing meetings with brokers as directed by manager.
- Attend client/broker meetings and other social outings as applicable.
- Follow treaty and facultative reinsurance protocols as required
- Stay current with respect to major industry issues and developments
- Other duties as assigned
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