Job Description:

Job Summary:

The AVP will be proficient in evaluating, analyzing and determining the appropriate terms and conditions for the various products within the A&E Division.  This will include A&E, Contractors, Project placements and Excess placements on all lines.  The position will focus, in part, on facilitating and developing producer and insured contacts specific to Architects and Engineers within the ENR 500 group.

Job Duties & Responsibilities:

·         Review and analyze underwriting submissions

·         Establish a network of market contacts and act as the lead marketer of A&E and Construction Professional in your territory

·         Underwrite to appropriate terms and conditions following the Company business strategy to quote selected risks

·         Present accounts to customers

·         Price and analyze coverage, structure and exposures

·         Authorize quotes/binders/invoices as appropriate

·         Attend client/broker meetings as applicable

·         Negotiate with brokers and clients for new and renewal business

·         Assist in the development and formulation of data/reports as needed

·         Ensure that underwriting pricing and discipline are followed to meet profitability goals, complying with underwriting guidelines, systems and procedures

·         Attend underwriting audits as needed

·         Liaise with brokers, internal auditors and Claims, Accounting, IT and Legal departments as appropriate

·         Attend important industry conferences and seminars as appropriate

Compensation:

The base salary range for this role is $150,000 - $200,000. 

The annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below he listed range and determined by a number of considerations, including but now limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one compensation of Allied World comprehensive total reward package, which may also include annual incentive compensation rewards.

Qualifications         

·         10 years Professional liability underwriting experience, or equivalent broker experience

·         Experience in architects and engineers (A/E) exposure analysis, Contractors exposure analysis, project specific professional liability placements and a working knowledge of A/E/Contractors specialty producers and brokers

·         Solid communication skills, computer skills, and organizational skills

·         Insurance certification preferred (CPCU or RPLU)

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 and Dental Insurance, 401k plan, and Group Term Life Insurance.  Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer.  All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status.  Please visit www.awac.com for further information on Allied World. 

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