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
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
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.
Allied World Insurance