Environmental Underwriting Professional at Allied World Assurance Company | Chicago, IL, US | Rezi

Environmental Underwriting Professional at Allied World Assurance Company

Environmental Underwriting Professional

Allied World Assurance Company · Chicago, IL, US

5 days ago

Environmental Underwriting Professional

Allied World Assurance Company · Chicago, IL, US

6 days ago
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About the Role

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.

Responsibilities

  • Execute the business plan for the development of an Environmental portfolio.
  • Prioritize and evaluate submissions to identify accounts with the greatest profit opportunity consistent with the business plan and corporate profit objectives.
  • Evaluate terms and structures to meet corporate profitability targets.
  • Price and analyze coverage, structure and exposures.
  • Develop Broker Distribution platform.
  • Authorize quotes, binders, and invoices as appropriate.
  • Attend client/broker meetings, lunches, dinners, and other social outings.
  • Negotiate with brokers and clients for new and renewal business.
  • Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems, and procedures.
  • Expand existing portfolio of business by developing existing relationships and new prospective clients.
  • Monitor developments and cash-flow of bound contracts throughout their period.
  • Liaise with brokers, internal auditors, and Claims, Accounting, IT, and Legal departments as appropriate.
  • Cross-sell other Allied World products.
  • Attend important industry conferences and seminars as appropriate.
  • Ensure information is input into the in-house system accurately and in a timely manner.

Requirements

  • Ability to establish relationships with brokers/markets/companies.
  • Develop track record of producing and maintaining reinsurance accounts.
  • Strong negotiation skills.
  • Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint).
  • Excellent communication (both written and verbal) and interpersonal skills.
  • Strong attention to detail and quantitative skills.
  • Ability to work to deadlines and prioritize tasks.
  • Ability and willingness to work outside normal office hours and travel as required.

Skills

  • Microsoft Office Suite (Excel, Word and PowerPoint)
  • Communication (written and verbal)
  • Interpersonal skills
  • Attention to detail
  • Quantitative skills
  • Negotiation

Location

  • New York
  • Iselin, NJ
  • Boston
  • Farmington
  • Houston
  • Dallas
  • Chicago
  • Philadelphia
  • Los Angeles
  • San Francisco
  • Miami

Work Type

  • Full-time

Experience Level

  • 1-3 years of relevant work experience

Education Level

  • 4 year college degree required

Salary/Compensations

  • $75,000 - $120,000

Benefits

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

About the Company

  • 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.
  • Our team of over 1,650 professionals has deep expertise in the industry.
  • They enjoy their work, and many have served for several years.
  • 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.
  • 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.

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.