| Location | Los Angeles, California |
| Salary | $70,000–$100,000 Per Year |
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.
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 resourcesGlobal 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.