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Underwriter/Sr. Underwriter, Excess Casualty

Allied World Insurance Company

New York (NY)

On-site

USD 60,000 - 225,000

Full time

7 days ago
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Job summary

A leading insurance company is seeking a Senior Underwriter for Excess Casualty in New York. This role entails managing a profitable portfolio, ensuring adherence to underwriting guidelines, and fostering client relationships. The ideal candidate will possess a strong background in underwriting with excellent analytical and interpersonal skills.

Qualifications

  • Experience in underwriting with a strong focus on casualty.
  • Ability to analyze submissions and assess risks.
  • Strong communication and negotiation skills.

Responsibilities

  • Manage and expand a portfolio of accounts.
  • Perform underwriting analysis per company guidelines.
  • Attend client meetings and industry conferences.

Skills

Underwriting discipline
Portfolio management
Client relations

Education

Bachelor's degree in Finance or Insurance

Job description

Underwriter/Sr. Underwriter, Excess Casualty

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Description

The Senior Underwriter, General Casualty, is responsible for supporting a book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of their portfolio of business, adhering to proper underwriting discipline/guidelines, marketing and assisting in the servicing of existing and potential clients.

Description

The Senior Underwriter, General Casualty, is responsible for supporting a book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of their portfolio of business, adhering to proper underwriting discipline/guidelines, marketing and assisting in the servicing of existing and potential clients.

Job Duties And Responsibilities

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

Perform underwriting analysis in accordance with Allied World (US) General Casualty guidelines

Develop and recommend account pricing / structure / terms & conditions and review these in conjunction with underwriting staff

Exercise proper underwriting pricing and discipline, comply with underwriting guidelines, systems, and procedures, and perform and document referrals

Maintain underwriting files in a concise manner that is consistent with company best practices

Delegate and supervise tasks with Account Coordinators

Specialized focus on marketing to brokers within an assigned territory

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

Reporting to underwriting manager regarding submissions and current portfolio content

Equal Opportunity Employer

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance and Sales
  • Industries
    Insurance

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