Sr. Underwriter, Public D&O
Allied World Assurance Company Holdings, Ltd, Chicago, IL, United States
Sr. Underwriter, Public D&O
Responsible for underwriting a complex book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business, implementing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients. Compliance with underwriting guidelines, systems, and procedures General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations Seek input from Actuarial Department to set process specific accounts when appropriate 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 Marketing attend client/broker meetings, lunches, dinners, and other social outings as applicable. Meet with key brokers regularly to discuss production, service, and other topics relative to division operations 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 Job Requirements: 4-year college degree required 3+ years underwriting experience preferred Solid writing and communication skills Excellent organizational skills, and ability to multitask Ability to work independently in a fast-paced, high pressure environment Willingness to travel Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged
Responsible for underwriting a complex book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business, implementing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients. Compliance with underwriting guidelines, systems, and procedures General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations Seek input from Actuarial Department to set process specific accounts when appropriate 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 Marketing attend client/broker meetings, lunches, dinners, and other social outings as applicable. Meet with key brokers regularly to discuss production, service, and other topics relative to division operations 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 Job Requirements: 4-year college degree required 3+ years underwriting experience preferred Solid writing and communication skills Excellent organizational skills, and ability to multitask Ability to work independently in a fast-paced, high pressure environment Willingness to travel Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged