AVP/VP, Excess Casualty Underwriting

UAN Allied World National Assurance Company; San Francisco (CA); On-site; USD 175,000 - 250,000; Full time

Benefits offered by this job

Health, Dental and DisabilityInsurance

Company match 401k plan

Group Term Life Insurance

Job summary

Allied World is seeking an experienced underwriter to manage a complex portfolio, drive profitability, and expand client relationships across markets. The role emphasizes leadership in underwriting discipline, pricing, and decision-making in line with corporate strategy.

You will negotiate with brokers, analyze submissions, and supervise underwriting staff to ensure accurate data in our systems. The position offers a substantial base salary and a broad total rewards package, including health and

Qualifications

• 4-year college degree required.
• Professional designation such as CPCU, ACII or similar preferred.
• 7-10 years underwriting experience.
• Established relationships with brokers/markets/companies.
• Successful track record in developing and maintaining reinsurance placements.

Responsibilities

• Execute the business plan for development, management and expansion of a portfolio of accounts.
• Prioritize and evaluate submissions to identify profitable opportunities.
• Review and analyze underwriting submissions, slips and contracts.
• Price and analyze coverage, structure and exposures.
• Set terms and conditions following company strategy to quote risks.
• Negotiate with brokers and clients for new and renewal business.
• Lead underwriters to meet profitability goals and adhere to guidelines.

Skills

Negotiation

Communication

Detail orientation

Deadline driven

Client relationship

Education

Bachelor degree

CPCU/ACII designation preferred

Tools

MS Office

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 Objectives:

Responsible for underwriting a complex book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business, implementing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients.

Job Duties:

• Execute the business plan for the development, management and expansion of a portfolio of accounts
• Prioritize and evaluate submissions in order to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives
• Review and analyze underwriting submissions, slips and contracts
• Price and analyze coverage, structure and exposures
• Set appropriate terms and conditions following the Company business strategy to quote selected risks
• Evaluate terms and structures in conjunction with Actuarial staff to meet corporate profitability targets
• Authorize quotes/binders/invoices as appropriate
• Lead underwriters to exercise proper underwriting, pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures
• Negotiate with brokers and clients for new and renewal business
• Attend client/broker meetings, lunches, dinners and other social outings as applicable
• Attend important industry conferences and seminars as appropriate
• Liaise with brokers, internal auditors and Claims, Accounting, IT and Legal departments as appropriate
• Expand existing portfolio of business by developing existing relationships and new prospective clients
• Maintain overview of market and industry developments through travelling, attending market conventions and seminars and other means to optimize the underwriting and portfolio strategy
• Supervise underwriting assistants and associate underwriters to ensure information is inputted into the in-house system in an accurate and timely manner
• Conduct pre-quote and mid-term underwriting audits as needed
• On a quarterly basis review the development of the portfolio against original projections
• Periodic reporting to manager regarding submissions and current portfolio content

Job Requirements:

• 4-year college degree
• Professional designation such as CPCU, ACII or similar preferred
• 7-10 years underwriting experience
• Established relationships with brokers/markets/companies
• Successful track record in developing and maintaining reinsurance placements
• Excellent negotiation skills
• Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint)
• Excellent communication (both written and verbal) and interpersonal skills
• Strong attention to detail and quantitative skills
• Ability to work to deadlines and prioritize tasks
• Ability and willingness to work outside normal office hours as required

The salary range for this role is between: $175,000 - 250,000

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:

• Health, Dental and Disability Insurance
• a company match 401k plan
• 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.

Take the next step in your career with us. Allied World is the perfect spot for driven professionals who thrive on collaboration and knowledge. We believe that when our talented team members work together, our clients get the best results. We celebrate diverse perspectives and offer growth opportunities through training, mentoring, and career development. Our people are our greatest asset, and we're proud of our exceptional team.