Underwriter, North American E&O Division

Allied World Assurance Company•Farmington, CT

1d•Onsite

About The Position

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. We are a subsidiary of Fairfax Financial 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. This role will underwrite and service a book of errors & omissions liability business, including new and renewal business. Emphasis will be on Miscellaneous E&O and Lawyers Professional Liability employing the methods necessary to meet projected premium and profitability goals. The underwriter will 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, time management skills and flexibility
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

Responsibilities

Underwrite and service a book of errors & omissions liability business, including new and renewal business.
Emphasis will be on Miscellaneous E&O and Lawyers Professional Liability employing the methods necessary to meet projected premium and profitability goals.
Comply with divisional and corporate underwriting guidelines, administrative standards and time service standards.
Perform general underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice with authorized approval.
Work within authority and receive proper approval from manager as necessary.
Liaise with Claims Department on any specific claim activity.
Consistent with Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines.
Attend marketing meetings with brokers as directed by manager.
Attend client/broker meetings and other social outings as applicable.
Follow treaty and facultative reinsurance protocols as required.
Stay current with respect to major industry issues and developments.
Other duties as assigned.