Sr. Underwriter, Public D&O

Allied World Insurance•Chicago, IL

48d

About The Position

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. 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.â¯We are a subsidiary ofâ¯Fairfax Financialâ¯Holdings, 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.â¯Allied World is an Equal Opportunity Employer.â¯ 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, visitâ¯awac.com, or follow us on Facebook atâ¯facebook.com/alliedworldâ¯and LinkedIn atâ¯linkedin.com/company/allied-world.

Requirements

4-year college degree required
3 years underwriting experience preferred
Solid Writing and Communication Skills
Excellent organizational skills, and ability to multitask
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

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
Liaise 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