Underwriter, North American Excess Casualty Division

Allied World Assurance Company Ltd

  • Los Angeles, CA
  • 4 days ago
  • $70,000–$100,000 Per Year

Highlights

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. 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.

Numbers & Facts

LocationLos Angeles, CA
Salary$70,000–$100,000 Per Year

Description

Take the next step in your career with us.

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.

Job Duties and Responsibilities:

  • Execute the business plan for the development, management, and expansion of a portfolio of accounts

  • 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

  • Perform underwriting analysis in accordance with Allied World guidelines

  • Develop and recommend account pricing / structure / terms & conditions and review these in conjunction with underwriting staff

  • Exercise proper underwriting pricing and discipline, comply with underwriting guidelines, systems, and procedures, and perform and document referrals

  • Maintain underwriting files in a concise manner that is consistent with company best practices

  • Delegate and supervise tasks with Account Coordinators

  • Specialized focus on marketing to brokers within an assigned territory

  • Attend client/broker meetings, lunches, dinners, and other social outings as applicable

  • Attend important industry conferences and seminars as appropriate

  • Liaise with brokers, internal auditors and Claims, Accounting, IT and Legal departments as appropriate

  • Reporting to underwriting manager regarding submissions and current portfolio content

Qualifications:

  • 4-year college degree

  • 0-3+ years' experience in underwriting

  • Excellent negotiation and analytical skills

  • Proficiency in Microsoft Office Suite (Excel, Word, Outlook and PowerPoint)

  • Excellent communication (both written and verbal) and interpersonal skills

  • Strong attention to detail and quantitative skills

  • Ability to work independently in a fast paced, high-pressure environment

  • Ability to work to deadlines and prioritize tasks

  • Ability and willingness to work outside normal office hours as required

  • CPCU designation, or other applicable insurance designations desired

  • Willingness to travel for client meetings and broker visits throughout the assigned region

The salary range for this role is between:

The salary range for this role is between:

$70,000 - $100,000

The annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations, including but not limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one component of Allied World's comprehensive total reward package, which may also include annual incentive compensation rewards.

Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law.

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

  • Instant membership in the Allied World - a global network of colleagues who will support your career journey
  • A manager who will help you build your career through a structured coaching program
  • Access to a full suite of learning and development tools and resources

Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.

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