Sr. Underwriter, Construction at Allied World in New York, New York

Job Description:

Job Objectives: 

Sr. Underwriter will be responsible for growing a portfolio of general casualty business by exercising proper underwriting discipline, and by marketing and servicing both existing and potential retailers.

Duties and Responsibilities: 

Specific responsibilities of this position include:

• Perform account analysis according to Allied World (US) General Casualty guidelines


• Develop accout pricing/ structure/ make recommendations


• Perform and document referrals


• Prepare quotes, binders, invoices, 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


• Attend educational seminars


• Market to retailers within region and engage production meetings


• Work with Legal department for manuscript wording analysis and preparation

Compensation:

The below 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 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, 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.

$120,000 - $160,000

Requirements:

• Excellent Communication skills for both internal and external clients


• Ability to work independently in a fast paced, high pressure environment


• 5-7 years experience in General Casualty underwriting


• Proficient in microsoft applications including word, outlook,  and excel


• Excellent organizational skills, and ability to multi task required


• CPCU designation, or partial, 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 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.