AVP/VP, Excess Casualty Underwriting

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

Benefits offered by this job

Health & dental

Disability Insurance

401(k) match

Annual incentive

Total rewards

Job summary

Allied World in San Francisco seeks an experienced Senior Underwriter to lead the development, management, and expansion of a profitable portfolio of accounts. You will price, structure, and quote risks while guiding underwriters to meet profitability targets.

The role requires 7–10 years of underwriting experience, established broker relationships, and a CPCU/ACII or similar designation is preferred. Expect to collaborate across departments and engage with clients at higher levels.

Qualifications

• 7–10 years underwriting experience
• Established relationships with brokers/markets/companies
• Professional designation such as CPCU, ACII or similar preferred
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
• Excellent negotiation skills and communication abilities
• Strong attention to detail and ability to meet deadlines

Responsibilities

• Execute the business plan for development, management and expansion of a portfolio of accounts.
• Prioritize and evaluate submissions to identify the most profitable opportunities.
• Review and analyze underwriting submissions, slips and contracts.
• Price and analyze coverage, structure and exposures.
• Quote risks with terms aligned to company strategy.
• Lead underwriters to ensure disciplined underwriting and profitability.
• Negotiate with brokers and clients for new and renewal business.
• Attend client/broker meetings and industry events as appropriate.
• Coordinate with internal departments to optimize portfolio performance.
• Supervise underwriting assistants to ensure accurate data entry in the system.

Skills

Negotiation

Communication

Attention to detail

Time management

Interpersonal skills

Quantitative skills

Education

4-year college degree

CPCU/ACII or similar preferred

Tools

Microsoft Office

Job description

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 and 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 traveling, 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

Salary and Benefits

Salary Range: $175,000 – $250,000 (annualized base pay. Actual base pay may be above or below the listed range and is determined by experience, skills, education, training and other considerations).

Benefits include:

• Health, Dental and Disability Insurance
• Company match 401(k) plan
• Group Term Life Insurance
• Annual incentive compensation rewards
• Comprehensive total reward package

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.