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Allied World

Underwriter/Sr. Underwriter

Allied World, Chicago, Illinois, United States, 60290

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Job Description

Job Objectives Critically analyze health care organizations' operations, litigation history, and commitment to clinical risk management to assess their ability to deliver medical services to patient populations. Learn and leverage underwriting tools—including models, actuarial resources, and claims and risk management colleagues—to evaluate risk appetite, determine pricing, and structure coverage offerings while achieving targeted premium and profitability goals. Ensure compliance with divisional and corporate underwriting guidelines, administrative requirements, and service timelines. We welcome candidates making career transitions who bring transferable analytical skills and a commitment to learning our underwriting processes. Join a fast-paced, collaborative team environment focused on rigorous analysis and mutual support.

Duties and 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.

Liaise with Claims Department on any specific claims 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

Conduct marketing meetings with brokers as directed by the regional manager.

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

Follow treaty and facultative reinsurance protocols as required

Stay current with respect to major industry issues and developments

Provide specific reports as needed by senior staff

Other duties as assigned

Qualifications

Solid Writing and Communication Skills

1-5 years underwriting experience

Organizational skills, and ability to change task quickly

Ability to work independently as well as in a group setting

Willingness to travel

Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged

Working understanding of Excel

Compensation Salary range: $85,000 – 115,000

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.

About Allied World Assurance Company 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.

Benefits Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance.

Equal Opportunity Statement 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.

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