Underwriter Trainee/Underwriter - phD at Allied World | Philadelphia, USA | Rezi

Underwriter Trainee/Underwriter - phD at Allied World

Underwriter Trainee/Underwriter - phD

Allied World · Philadelphia, USA

2 months ago

Underwriter Trainee/Underwriter - phD

Allied World · Philadelphia, USA

2 months ago
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About the Role

Underwrite and service a book of management liability business, including all Healthcare, Private and Not for Profit organizations. Emphasis will be on Managed Care D&O, E&O, EPLI & all ancillary lines employing the methods necessary to meet projected premium and profitability goals. Comply with divisional and corporate underwriting guidelines, administrative standards and time service standards.

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 claim activity and overall market claims concerns, which could potentially affect profitability
  • Achieve compliance with all underwriting and administrative guidelines consistent with Internal Audit department procedures
  • Attend marketing meetings with brokers as directed by the regional manager
  • Attend client/broker meetings and other social outings as applicable
  • Develop and maintain producer relationships
  • Follow treaty and facultative reinsurance protocols as required
  • Stay current with respect to major industry issues and developments
  • Other duties as assigned

Requirements

  • 1 - 3 years underwriting experience in related line of business
  • Excellent organizational skills, and ability to multi task
  • 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
  • Adherence to optional flexible work arrangement (subject to management approval and corporate guidelines)

Skills

  • Underwriting
  • Pricing analysis
  • Communication skills
  • Organizational skills
  • Multi-tasking

Work Type

  • Flexible work arrangement

Experience Level

  • 1 - 3 years

Education Level

  • Bachelor’s Degree preferred

Salary/Compensations

  • $70,000 - $100,000

Benefits

  • Health Insurance
  • Dental Insurance
  • Disability Insurance
  • Company match 401k plan
  • Group Term Life Insurance

About the 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.

Equal Opportunity

  • 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.