Underwriter/Sr. Underwriter, Environmental Casualty

UAW Allied World Assurance Company (U.S.) Inc.; Los Angeles (CA); On-site; USD 85,000 - 125,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Disability Insurance

401(k) Match

Group Life Insurance

Job summary

Allied World in Los Angeles is seeking an Environmental Casualty Underwriter with 2+ years of commercial casualty underwriting experience. You will evaluate General Liability, Automobile Liability, Employers Liability, and Umbrella/Excess Liability, and develop pricing and terms for complex risks.

Strong broker relationships, analytical skills, and collaboration with actuarial, claims, legal, and risk management teams are essential.

Qualifications

• Minimum 2+ years in commercial primary casualty and/or excess casualty underwriting.
• Experience with General Liability, Auto Liability, Employers Liability and Umbrella/Excess Liability beneficial.
• Underwriting designations (CPCU/ARM) preferred; bachelor's degree required.

Responsibilities

• Underwrite new and renewal Environmental Casualty business per guidelines and authority.
• Assess exposures including liability, pollution, professional liability and attachment points.
• Develop pricing, limits, deductibles, and terms based on risk.
• Prepare quotes, binders, referrals and maintain underwriting files.
• Develop and maintain broker relationships to generate new business.

Skills

Casualty underwriting

Environmental casualty

Broker relationship management

Communication skills

Underwriting analysis

Education

Undergraduate 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.

Job Summary: Manage and grow a profitable portfolio of Environmental Casualty business through disciplined casualty underwriting and strategic relationships with retail and wholesale brokers. Utilize strong casualty underwriting fundamentals, business acumen, and analytical skills to evaluate complex risks, develop appropriate pricing and structures, and negotiate coverage terms and conditions. The ideal candidate will have experience underwriting primary casualty and/or excess casualty business, with a strong understanding of General Liability, Automobile Liability, Employers Liability, and Umbrella/Excess Liability. Direct environmental underwriting experience is beneficial but not required.

Job Duties and Responsibilities: Underwrite new and renewal Environmental Casualty business utilizing sound casualty underwriting principles and in accordance with Allied World underwriting guidelines, strategies, and underwriting authority. Evaluate General Liability, Automobile Liability, Employers Liability, Pollution Liability, Professional Liability, and Umbrella/Excess Liability exposures, as applicable, including assessment of operations, products/completed operations, fleet exposures, contractual risk transfer, loss history, jurisdictional considerations, and potential severity. Analyze and structure primary and excess casualty programs, including lead excess and unsupported excess placements. Evaluate underlying insurance programs, attachment points, limits, coverage terms, pricing adequacy, and the relationship between underlying and excess layers. Develop appropriate pricing, limits, attachment points, deductibles/retentions, coverage terms, exclusions, and other underwriting conditions based upon the individual risk characteristics and overall portfolio objectives. Review submissions, exposure information, loss experience, underlying policies and schedules, financial information, and other relevant underwriting materials to develop a comprehensive assessment of risk. Prepare quotes, binders, underwriting referrals, and other transaction documentation while maintaining complete and well-supported underwriting files in accordance with company standards. Exercise sound underwriting judgment and appropriately identify and elevate risks requiring referral based upon underwriting authority, guidelines, or unusual exposure characteristics. Strategically develop relationships with retail and wholesale brokers to generate new business opportunities, retain existing accounts, and expand Allied World’s Environmental Casualty presence within assigned territories. Develop and maintain effective working relationships with brokers, insureds, and internal business partners while delivering responsive and consistent service. Coordinate and participate in broker marketing calls, account stewardship meetings, industry events, and other business development activities to promote Allied World’s Environmental Casualty capabilities. Monitor casualty and environmental casualty market conditions, emerging exposures, loss trends, pricing developments, and competitive conditions that may impact underwriting strategy or portfolio performance. Partner effectively with internal stakeholders, including underwriting leadership, actuarial, claims, legal, risk management/loss control, operations, and other casualty underwriting teams. Continue professional development through relevant casualty and environmental underwriting training, industry education, professional designations, and participation in industry organizations.

Desired Skills and Experience: Two or more years of commercial primary casualty and/or excess casualty underwriting experience, including General Liability, Automobile Liability, Employers Liability, Umbrella, and Excess Liability. Experience underwriting lead and/or unsupported excess casualty business is highly desirable, including the ability to evaluate underlying programs, attachment adequacy, excess pricing, and coverage terms. Environmental casualty experience, including Contractors Pollution Liability, Site Pollution Liability, and/or Contractors Professional Liability, is beneficial but not required. Excellent written and verbal communication skills with the ability to effectively negotiate and communicate with brokers, insureds, and internal stakeholders. Strong business development and relationship management skills with demonstrated ability to generate new business opportunities, retain profitable renewal accounts, and develop long-term strategic broker relationships. Excellent organizational and desk management skills, with the ability to independently prioritize submissions, renewals, referrals, and business development activities. CPCU, ARM, or other relevant insurance industry designation preferred. Undergraduate degree required. Approximately 25% travel required. The salary range for this role is between: $85,000 - 125,000 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. 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.

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.

Our generous benefits package includes:

• Health, Dental and Disability Insurance
• a company match 401k plan
• Group Term Life Insurance

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 most important asset, and we're proud of our exceptional team.