Sr. Underwriter, North American Property Division

Allied World Assurance Company; Toronto; On-site; CAD 70,000 - 100,000; Full time

Job summary

Allied World Assurance Company in Toronto is seeking an experienced property underwriter to help manage a portion of the property book, driving profitability, expense control, and premium growth while applying disciplined underwriting practices. You will review submissions, analyze pricing, set terms, interact with claims, and collaborate with brokers and clients.

The role requires a Bachelor’s degree and 5+ years of property underwriting, with strong writing and communication, and the ability

Qualifications

• Bachelor’s degree required.
• 5+ years of property underwriting experience preferred.
• Strong writing, communication and organizational abilities.

Responsibilities

• Underwrite a portion of the property book to meet profitability and premium growth goals.
• Review submissions, price analyses, and set terms and conditions per guidelines.
• Coordinate with Claims on claims activity affecting profitability.
• Ensure compliance with underwriting and administrative guidelines and audits.
• Attend client/broker meetings and participate in marketing efforts.
• Follow reinsurance protocols and stay current with industry developments.

Skills

Writing skills

Communication skills

Organizational skills

Independent work ethic

Willingness to travel

Education

Bachelor's Degree

Job description

Take the next step in your career with us.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.Job Summary:Responsible for underwriting a portion of the property book of business, employing the methods necessary to meet projected profitability, expense goals, premium growth while simultaneously executing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients.Job Duties and Responsibilities:· Compliance with underwriting guidelines, systems and procedures· General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations· Liaise with Claims Department on any specific claims activity on individual accounts, which could potentially affect profitability· Maintain consistency with Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines· Marketing – attend client/broker meetings, lunches, dinners and other social outings as applicable. Meet with key producers regularly to discuss production, service and other topics relative to mutual insured’s and clients· Follow treaty and facultative reinsurance protocols as required· Stay current with respect to major industry issues and developments· Provide specific reports as needed by senior staffJob Requirements:· Bachelor’s Degree· 5+ years of industry experience, property preferred· Solid Writing and Communication Skills· Excellent organizational skills, and ability to multi task· Ability to work independently in a fast-paced, high pressure environment· Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged· Willingness to travelWorking at Allied WorldOur team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:• 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 resourcesGlobal PresenceHeadquartered 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.Our BusinessAllied 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 Holding Limited , and benefit from a worldwide network of affiliated entities that allow us to think and respond in a non-traditional ways.Allied work is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religions or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.To learn more, visit awac.com , or follow us on Facebook and LinkedIn .