Underwriter, North American E&O Division

USP Allied World Specialty Insurance Company in; Farmington (CT); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Health, Dental & Disability Insurance

Company 401k match

Group term life insurance

Job summary

USP Allied World Specialty Insurance Company seeks an Underwriter for the North American E&O Division (Finance) in Farmington, CT. The role focuses on underwriting and servicing Miscellaneous E&O and Lawyers Professional Liability, aiming to meet premium and profitability goals within approved guidelines.

You'll collaborate with claims, brokers and clients, perform pricing analyses, set terms, and ensure compliance with divisional standards. Travel is required as needed.

Qualifications

• Bachelor's Degree preferred.
• 1 - 3 years underwriting experience in related line of business.
• Excellent organizational skills, time management skills and flexibility.
• Ability to work in a fast-paced, high pressure environment.
• Solid Writing and Communication Skills.
• Willingness to travel.

Responsibilities

• Underwrite and service a book of errors & omissions liability business, including new and renewal business.
• Emphasis on Miscellaneous E&O and Lawyers Professional Liability, meeting premium and profitability goals.
• Price, set terms and conditions, and quote/binder/invoice with authorized approval.
• Work within authority and obtain manager approval as necessary.
• Liaise with Claims Department on specific claim activity.
• Follow underwriting and administrative guidelines and internal audit procedures.
• Attend marketing meetings with brokers and client/broker meetings.

Skills

Writing skills

Communication skills

Organizational skills

Travel willingness

Education

Bachelor's degree preferred

Job description

USP Allied World Specialty Insurance Company

Underwriter, North American E&O Division (Finance)

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.

Department: E&O

Reports to: AVP, E&O

Job Objectives

Underwrite and service a book of errors & omissions liability business, including new and renewal business. Emphasis will be on Miscellaneous E&O and Lawyers Professional Liability employing the methods necessary to meet projected premium and profitability goals. Comply with divisional and corporate underwriting guidelines, administrative standards and time service standards.

Duties and Responsibilities

• Compliance with underwriting guidelines, systems and procedures
• Perform general underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice with authorized approval
• Work within authority and receive proper approval from manager as necessary.
• Liaise with Claims Department on any specific claim activity
• Consistent with Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines
• Attend marketing meetings with brokers as directed by manager.
• Attend client/broker meetings and other social outings as applicable.
• Follow treaty and facultative reinsurance protocols as required
• Stay current with respect to major industry issues and developments
• Other duties as assigned

Requirements

• Bachelor's Degree preferred
• 1 - 3 years underwriting experience in related line of business
• Excellent organizational skills, time management skills and flexibility
• Ability to work in a fast-paced, high pressure environment
• Solid Writing and Communication Skills
• 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:

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 bylaw.

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.