Senior Underwriter, Public Directors & Officers Division

Allied World Insurance New York , NY 10007

Posted 2 months ago

Allied World is looking for an experienced Public Directors & Officers underwriter to join our team in our downtown New York city office. Responsible for underwriting a complex book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business, implementing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients.

Duties and Responsibilities:

  • Compliance with underwriting guidelines, systems and procedures

  • General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations

  • Seek input from Actuarial Department to set process specific accounts when appropriate

  • Liase with Claims Department on any specific claims 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

  • Marketing attend client/broker meetings, lunches, dinners and other social outings as applicable. Meet with key brokers regularly to discuss production, service and other topics relative to division operations

  • Follow treaty and facultative reinsurance protocols as required

  • Stay current with respect to major industry issues and developments

  • Provide specific reports as needed by senior staff

  • Other duties as assigned

Requirements

  • 4-year college degree required

  • 3 - 5 years underwriting experience preferred

  • Solid Writing and Communication Skills

  • Excellent organizational skills, and ability to multi task

  • Ability to work independently in a fast-paced, high pressure environment

  • Willingness to travel

  • Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged

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 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world

Our generous benefits package includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance. Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status. Please visit www.awac.com for further information on Allied World.


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Senior Underwriter, Public Directors & Officers Division

Allied World Insurance