Underwriter, North American Environmental Division

Allied World Assurance Company•Philadelphia, PA

20d•Onsite

About The Position

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members. Job Summary: The Underwriter is responsible for supporting a book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of their portfolio of business, adhering to proper underwriting discipline/guidelines, marketing and assisting in the servicing of existing and potential clients.

Requirements

4 year college degree required
1-3 years of relevant work experience
Ability to establish relationships with brokers/markets/companies
Develop track record of producing and maintaining reinsurance accounts
Strong negotiation skills
Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint)
Excellent communication (both written and verbal) and interpersonal skills
Strong attention to detail and quantitative skills
Ability to work to deadlines and prioritize tasks
Ability and willingness to work outside normal office hours and travel as required

Responsibilities

Execute the business plan for the development of an Environmental portfolio.
Prioritize and evaluate submissions in order to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives.
Evaluate terms and structures to meet corporate profitability targets.
Price and analyze coverage, structure and exposures.
Develop Broker Distribution platform.
Authorize quotes/binders/invoices as appropriate.
Attend client/broker meetings, lunches, dinners and other social outings as applicable.
Negotiate with brokers and clients for new and renewal business.
Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
Expand existing portfolio of business by developing existing relationships and new prospective clients.
Monitor developments and cash-flow of bound contracts throughout period.
Liaise with brokers, internal auditors and Claims, Accounting, IT and Legal departments as appropriate.
Cross sell other Allied World products.
Attend important industry conferences and seminars as appropriate.
Ensure information is input into the in-house system in an accurate and timely manner.