AVP, North American Programs Division

Allied World; Farmington (CT); On-site; USD 130,000 - 160,000; Full time

Benefits offered by this job

Health, Dental & Disability Insurance

Company 401(k) match

Group Term Life Insurance

Job summary

Allied World is seeking an AVP, North American Programs Division to lead underwriting for a portfolio of programs, ensuring profitability, growth, and disciplined underwriting guidelines. The role emphasizes collaboration with clients, brokers and the program administrator, with oversight of pricing and audits.

Location preference is Farmington, CT, with openness to other major markets. The candidate should have extensive underwriting experience, strong communication skills, and willingness to

Qualifications

• Minimum of 8–12 years underwriting experience.
• Strong verbal and written communication and interpersonal skills.
• Excellent organizational skills and ability to multi task.
• Ability to work independently in a fast-paced, high pressure environment.
• Must be willing to travel.

Responsibilities

• Overall management of Program including underwriting referrals, pricing analysis, underwriting audits, PML and aggregation monitoring, data feed review and relationship management of Program Administrator.
• Evaluate and respond to referrals by analyzing coverage, exposures and pricing.
• Work with management in setting and meeting budgeted premiums for assigned Program.
• Work to achieve profitability on assigned Program.
• Liaise with Claims on specific claims activity potentially affecting profitability.
• Assure Program Administrator compliance with underwriting and administrative guidelines.
• Attend client/broker meetings to market Program opportunities and support business development.
• Attend training sessions and conferences and assist with special projects under supervision of management.

Skills

Underwriting experience

Verbal communication

Written communication

Interpersonal skills

Organizational skills

Multi-tasking

Independent work

Willingness to travel

Education

College 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.

AVP, North American Programs Division

Location: Preferred location is Farmington, CT but we are open to New jersey, New York, Chicago, Philadelphia, Atlanta, Boston, Dallas, and Houston

Job Summary:

Responsible for underwriting a portion of the AW Program P&C 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:

Core Underwriting Functions

• Overall management of Program assigned to including but not limited to underwriting referrals, pricing analysis, underwriting audits, PML and aggregation monitoring, data feed review and relationship management of Program Administrator
• Evaluate and respond to referrals in a timely manner by analyzing coverage, exposures and pricing
• Work with management in setting and meeting budgeted premiums for assigned Program
• Work to achieve profitability on assigned Program

Relationship Management & Compliance

• Liaise with Claims Department on any specific claims activity on individual accounts, which could potentially affect profitability
• Assure Program Administrator is compliant with all underwriting and administrative guidelines

Marketing & Business Development

• Marketing – attend client/broker meetings, lunches, dinners and other social outings as applicable
• Assist team in vetting new Program opportunities

Professional Development & Reporting

• Attend training sessions and conferences when deemed appropriate
• Assist with special projects as needed under supervision of management
• 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
• Other duties as assigned

Qualifications:

• College Degree
• Minimum of 8-12 years underwriting experience
• Strong Verbal and Written Communication and Interpersonal 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

The salary range for this role is between:

$130,000 - $160,000

• 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 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.Salary is flexible and will be based on the candidate’s years of relevant experience, skills and qualifications.

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.

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.