Underwriter / Sr. Underwriter, Excess Casualty Division

Allied World; New York (NY); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled Underwriter or Senior Underwriter to manage and grow a diverse portfolio of general casualty accounts. This role involves executing strategic business plans, conducting thorough underwriting analysis, and collaborating with brokers to ensure optimal account performance. The ideal candidate will have a strong background in underwriting and client relationship management, along with the ability to navigate and adhere to company guidelines. Join a dynamic team where your expertise will directly contribute to the company's success and profitability in a competitive market.

Qualifications

• Experience in underwriting with a focus on general casualty.
• Strong analytical skills to evaluate submissions and pricing.

Responsibilities

• Manage and expand a portfolio of accounts for profitability.
• Perform underwriting analysis and develop pricing structures.

Skills

Underwriting Analysis

Portfolio Management

Client Relationship Management

Market Analysis

Education

Bachelor's Degree in Finance or Business

Professional Certification (CPCU, AU)

Tools

Underwriting Software

CRM Systems

Job description

Description: The Underwriter or Senior Underwriter, General Casualty, is responsible for supporting a book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals. They manage and grow their portfolio of business, adhere to proper underwriting discipline/guidelines, market, and assist in servicing existing and potential wholesale clients.

Job Duties and Responsibilities:

1. Execute the business plan for the development, management, and expansion of a portfolio of accounts.
2. Prioritize and evaluate submissions to identify those accounts offering the greatest profit opportunity aligned with the business plan and corporate profit objectives.
3. Perform underwriting analysis in accordance with Allied World (US) General Casualty guidelines.
4. Develop and recommend account pricing, structure, terms & conditions; review these with underwriting staff.
5. Exercise proper underwriting pricing and discipline, comply with underwriting guidelines, systems, and procedures, and document referrals.
6. Maintain concise underwriting files consistent with company best practices.
7. Delegate and supervise tasks with Account Coordinators.
8. Focus on marketing to wholesale brokers within an assigned territory.
9. Attend client/broker meetings, lunches, dinners, and other social outings as applicable.
10. Participate in industry conferences and seminars as appropriate.
11. Liaise with brokers, internal auditors, and departments such as Claims, Accounting, IT, and Legal.
12. Report to the underwriting manager regarding submissions and current portfolio content.