AVP, Underwriting - Environmental

Allied World; Los Angeles (CA); On-site; USD 130,000 - 175,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Disability Insurance

401k company match

Group Term Life Insurance

Job summary

Allied World is seeking a leader for the Environmental Casualty Group in Los Angeles. The successful candidate will oversee business strategy, product development, and manage an underwriting team. You'll engage closely with clients, maintain broker relationships, and drive profitability.

Candidates should have at least 7 years of relevant experience, strong marketing skills, and a Bachelor’s degree, while an MBA or professional certification is a plus.

The role offers a competitive salary of $130,000 to $175,000 depending on experience and provides a robust benefits package.

Qualifications

• At least 7 years of relevant underwriting experience with at least 3 years in a supervisory role.
• Strong knowledge of casualty and product liability exposures and coverage forms.
• Ability to be self-directed and prioritize tasks under deadlines.

Responsibilities

• Lead Environmental Casualty Group in the West Coast Region.
• Develop and execute strategic business plans for environmental casualty portfolio.
• Manage a local team of underwriters and ensure profitability.

Skills

Underwriting

Business Strategy

Client Engagement

Risk Management

Marketing Skills

Team Leadership

Education

Bachelor's degree

MBA

CPCU or ACII certification

Tools

Microsoft Office Suite

Job description

Job Objectives

Successful candidate will lead the Environmental Casualty Group in West Coast Region including business strategy, product development and management, underwriting team and broker and industry relations. Lead the region by driving underwriting culture, setting, and attaining profitability, premium and expense plans, implementing underwriting guidelines, marketing/servicing of existing clients, prospects and distribution network, and recruit and develop underwriting team. Responsibilities include executing as the strategic leader of the business, people, and product for this region to maximize growth with profitability.

Job Duties and Responsibilities

• Develop and execute the strategic business plan to manage and grow the environmental casualty portfolio in the West Coast Region reporting to Environmental Casualty Director.
• Serve as the West Coast Region Environmental Casualty Unit lead which requires a strong general liability, umbrella/excess, product liability, professional liability (environmental consultants), pollution liability and automobile liability background. Participate with National Environmental Casualty leader to improve underwriting guidelines, pricing methods, risk management services, book profile and consistency across book to establish and drive best practices. Hands on experience in underwriting, market development, client engagement and leading an underwriting team.
• Leading the local underwriting team requires reviewing and analyzing underwriting submissions, analyze exposures including coverage structure and rate, authorizing quotes/binders, respond to referral requests in a timely manner, and develop the underwriting team’s skills and abilities through training and feedback.
• Manage the portfolio in your territory through periodic account reviews, profitability reviews, mix of business and refine the portfolio as required to ensure profitability.
• Demonstrate strong market facing skills by visiting, communicating, and negotiating with retail and E&S brokers on a regular basis to maintain good working relationship.
• Manage local team of underwriters including hiring, developing and execution of the business plan.
• Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
• Travel for client/broker meetings, lunches, dinners, other social outings, and industry events as applicable.
• Liaise with Chief Underwriting Officer, actuary, claims, accounting, IT and legal departments as appropriate.
• Manage and delegate authority.

Job Qualifications

• At least 7 years relevant underwriting experience with at least 3 years supervisory experience.
• Bachelor’s degree preferred, MBA and/or CPCU, ACII or similar, a plus.
• Strong knowledge of casualty and product liability exposures, coverage forms and rating for primary, excess casualty and auto liability lines.
• Strong knowledge of professional liability (E&O) and environmental liability, preferred.
• Strong marketing skills to establish relationships with brokers and ability to be client/insured facing.
• Ability to be self-directed and prioritize work and for deadlines.
• Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint) and computers.
• Travel is required.

Compensation

Salary range: $130,000 – 175,000

The 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.

Benefits

Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance.

Equal Opportunity Statement

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.