Underwriter Trainee/Underwriter - phD

Allied World Assurance Company•Farmington, CT

3d•Hybrid

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

Nice To Haves

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