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Sr. Underwriter, Excess Casualty

Allied World
Posted a year ago, valid for 9 days
Location

Philadelphia, PA 19102, US

Salary

Competitive

Contract type

Full Time

Health Insurance
Life Insurance
Disability Insurance

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Sonic Summary

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  • The Sr. Underwriter position on the Excess Casualty team requires managing and growing a portfolio of general casualty business with a focus on construction, real estate, and products liability risks.
  • Candidates must have a minimum of 5 years of experience in General Casualty underwriting and possess excellent communication and organizational skills.
  • Key responsibilities include account analysis, pricing, preparing quotes, and marketing to retailers within the assigned region.
  • The role also involves supervising Account Coordinators, attending client meetings, and working with the Legal department on manuscript wording.
  • The position offers a competitive salary along with a generous benefits package, including health insurance and a 401k plan.

Job Objectives:

As an Sr. Underwriter on the Excess Casualty team, you will manage and grow a portfolio of general casualty business by exercising proper underwriting discipline, and by marketing and servicing both existing and potential retail clients. This position focuses on retail distribution with a targeted approach on construction, real estate, and products liability risks. 

 

Duties and Responsibilities:

Specific responsibilities of this position include:

  • Perform account analysis according to Allied World (US) General Casualty guidelines
  • Develop account pricing, structure and terms and make recommendations
  • Perform and document referrals
  • Prepare quotes, binders, and underwriting worksheets within company guidelines
  • Maintain files in an orderly manner consistent with company guidelines
  • Delegate and supervise work to Account Coordinators as needed
  • Attend client meetings, lunches, dinners, and other social outings as applicable
  • Market to retailers within assigned region and engage production meetings
  • Work with Legal department for manuscript wording analysis and preparation as needed
  • Ability to interact with senior management on referral items, and willingness to train and work with UW Trainee and Junior Underwriters.


Requirements:

  • Excellent communication skills for both internal and external clients
  • Ability to work independently in a fast paced, high-pressure environment
  • 5+ years’ experience in General Casualty underwriting
  • Proficient in Microsoft applications including Word, Outlook, and Excel
  • Excellent organizational skills and ability to multitask
  • Willingness to travel for client meetings and broker visits
  • CPCU designation or other applicable insurance designations are preferred

 

About Fairfax
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. 

 

About Allied World
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 we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world 

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.

To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.




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