Underwriter, Property

Allied World•Woodbridge Township, NJ

About The Position

Responsible for assisting with the underwriting of AWAC New York, New Jersey and Mid Atlantic property book of business. Provide support and pre-underwriting projects as directed by the underwriter staff in the New York, New Jersey and Philadelphia branches. Learning and developing the skills to understand property-based exposures and proper methods necessary to accurately underwrite and triage account submissions, meet regional premium growth, ensuring the execution of proper underwriting guidelines, participate in the marketing and servicing of existing and potential clients.

Requirements

Bachelor’s Degree a plus
1-5 years of industry experience, property 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
Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged
Willingness to travel

Responsibilities

Aid with general underwriting functions as requested by underwriting staff. Including the review and triage of underwriting submissions, prepare preliminary PUS reports (property underwriting summaries), request catastrophe modelling, provide initial pricing (ProFit) models and exhibits for specific exposure analysis.
Work directly with the assigned account coordinator to manage the daily requirements in order to adhere to Allied World processing procedures on assigned accounts. Provide timely and accurate policy issuance, endorsements, AP & RP calculations, quote/binder/invoice authorizations to our brokers.
Understand and comply with the Internal Audit department procedures, aid with file documentation and maintenance of the proper required information.
Marketing – attend client/broker meetings, lunches, dinners, and other social outings as applicable. Meet with key producers regularly to discuss production, service and other topics relative to mutual insureds and clients
Adhere to the required Allied World underwriting, administrative and procedure guidelines.
Follow Treaty and Facultative reinsurance protocols as required
Stay current with respect to major industry issues and developments
Provide specific exhibits, reports as needed by senior staff
Other duties as assigned