Sr. Underwriter, North American Property Division

Allied World; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Allied World is seeking a property underwriter to manage a portion of the book and drive profitability while adhering to underwriting discipline and guidelines.

The role involves liaising with claims on potentially affecting accounts, attending client/broker meetings, and supporting the development of existing and new business with strong writing and communication skills.

Qualifications

• Bachelor’s Degree required.
• 5+ years of property underwriting experience.
• Strong writing and communication skills.
• Excellent organizational skills and ability to multi task.
• Independent work in a fast-paced environment.
• Willingness to travel.

Responsibilities

• Underwrite a portion of the property book in alignment with profitability targets.
• Review submissions, price analyses, terms and conditions, and issue quotes/binders/invoices.
• Coordinate with Claims on claims activity that may affect profitability.
• Maintain compliance with underwriting and internal audit guidelines.
• Engage with clients/brokers at meetings and events to discuss production and service.

Skills

Writing skills

Communication

Multi-tasking

Independent work

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 staff

Job 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 travel

Working at Allied World

Our 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 resources

Global Presence

Headquartered 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 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 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.

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