Underwriter TraineeUnderwriter phD

Department: phD

Job Title: Underwriter Trainee/Underwriter

Reports to: AVP phD (private/healthcare Division)

Job Summary:

Underwrite and service a book of management liability business including all Healthcare Private and Not for Profit organizations. Emphasis will be on Managed Care D&O E&O EPLI & all ancillary lines 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 authorizations

Work within authority and receive proper approval from regional manager as necessary.

Liase with Claims Department on any specific claim activity and overall market claims concerns which could potentially affect profitability

Consistent with Internal Audit department procedures achieve compliance with all underwriting and administrative guidelines

Attend marketing meetings with brokers as directed by the regional manager.

Attend client/broker meetings and other social outings as applicable.

Develop and maintain producer relationships

Follow treaty and facultative reinsurance protocols as required

Stay current with respect to major industry issues and developments

Other duties as assigned

Compensation:

$70000 - $100000

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 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.

Requirements:

Bachelors Degree preferred

1 - 3 years underwriting experience in related line of business

Excellent organizational skills and ability to multi task

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

Adherence to optional flexible work arrangement (subject to management approval and corporate guidelines)

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 bylaw.

To learn more visit or follow us on Facebook at LinkedIn at Experience:

Intern