Underwriter Trainee/Underwriter - phD

Allied WorldBoston, MA
$70,000 - $100,000Hybrid

About The Position

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.

Requirements

  • Bachelor’s 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)

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

Benefits

  • Health Insurance
  • Dental Insurance
  • Disability Insurance
  • 401k plan with company match
  • Group Term Life Insurance
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