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Job Description - Underwriter, Asia Pacific General Casualty Division (25000042)

Job Description

Underwriter, Asia Pacific General Casualty Division - ( 25000042 )

Description

Underwriter, Asia Pacific General Casualty Division

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 complex book of General Casualty business mainly focusing on North Asia portfolio, in accordance with projected profitability, GWP, and expense goals, implementing proper underwriting disciplines/guidelines, and marketing and servicing to existing and potential clients. The position will also require the administration and monitor underwriting rules and guidelines, insurance laws and regulations, rating rules and models.

Job Duties:

· Underwriting functions including Direct Insurance and/or Facultative Reinsurance underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations.

· Execute approved General Casualty business plan to establish and develop balanced and diverse book of business in accordance with underwriting guidelines.

· Set appropriate terms and conditions following the Company’s business strategy to quote selected risks.

· Exercise proper underwriting pricing and discipline to meet profitability goals, comply with underwriting guidelines, systems, and procedures.

· Maintain underwriting files in an orderly manner and in accordance with underwriting guidelines, including maintenance of all reporting systems for submissions and bound accounts, rate change modelling, bound account listing, submission log and reports as may be developed.

· Conduct pre-quote and mid-term underwriting audits as needed.

· Build and maintain good working relationship with existing and prospective clients, brokers, re-insurers and other business partners in support of the business .

· Liaise with distribution, internal auditors, Claims, Actuarial, Accounting, IT and Legal departments as appropriate.

· Business travel may be required.

Qualifications

· At least 1-3 years of experience in the Commercial General Insurance sector, preferably with a core focus in the Casualty class of business.

· The ideal candidate will have strong fundamentals in underwriting principles, pricing, and knowledge of policy wordings.

· A self-starter, who can work independently while also being able to work within the team and in conjunction with other functional departments.

· Strong abilities in research & risk analysis, marketing, negotiation, and presentation; proficient in MS Office Suite

· Effective communication, organizational and problem-solving skills, along with a dedication to professionalism and trust

Working at Allied World

Our team of over 1,400 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 Family — 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

We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, London, Los Angeles, Malaysia, Miami, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.

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 worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion 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.