Underwriter Trainee/Underwriter, North American E&O Division

Job Objectives:

Underwrite and service a book of errors & omissions liability business, including new and renewal business.  Emphasis will be on Miscellaneous E&O and Lawyers Professional Liability employing the methods necessary to meet projected premium and profitability goals.  Comply with divisional and corporate underwriting guidelines, administrative standards and time service standards.

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 with authorized approval
• Work within authority and receive proper approval from manager as necessary.
• Liaise with Claims Department on any specific claim activity
• Consistent with Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines
• Attend marketing meetings with brokers as directed by manager.
• Attend client/broker meetings and other social outings as applicable.
• Follow treaty and facultative reinsurance protocols as required
• Stay current with respect to major industry issues and developments
• Other duties as assigned

Requirements:

• Bachelor’s Degree preferred
• 1 - 3 years underwriting experience in related line of business
• Excellent organizational skills, time management skills and flexibility
• 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

Compensation:

The below annualized base pay range is a broad range based on analysis of similar[DEL: :DEL] 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[DEL: , :DEL] 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.

Salary range: $70,000-$80,000

Our Business

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.

 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.