Underwriter/Sr. Underwriter, Excess Casualty Division

Allied World; New York (NY); On-site; USD 80,000 - 130,000; Full time

Job summary

An established industry player seeks a dynamic Underwriter/Sr. Underwriter to manage a diverse portfolio in the Excess Casualty Division. This role involves executing business plans, performing in-depth underwriting analysis, and ensuring compliance with company guidelines. The ideal candidate will possess strong negotiation and analytical skills, with a proven track record in General Casualty underwriting. Join a forward-thinking company that values innovation and offers a comprehensive benefits package, including health and dental insurance, a 401k plan, and more. If you thrive in a fast-paced environment and are eager to contribute to a growing team, this opportunity is for you.

Benefits

Health Insurance

Dental Insurance

Disability Insurance

401k Plan

Life Insurance

Qualifications

• 3-5+ years experience in General Casualty underwriting.
• Strong negotiation and analytical skills are essential.

Responsibilities

• Manage and expand a portfolio of accounts effectively.
• Collaborate with brokers and internal departments for success.

Skills

Negotiation Skills

Analytical Skills

Attention to Detail

Communication Skills

Interpersonal Skills

Education

University Degree

Tools

Microsoft Office Suite

Job description

Job Description - Underwriter/Sr. Underwriter, Excess Casualty Division (2500002B)

Job Description

Underwriter/Sr. Underwriter, Excess Casualty Division - (2500002B)

Description

Role Overview: The Underwriter or Senior Underwriter, General Casualty, is responsible for managing a book of business, meeting profitability, GWP, and expense goals, and supporting the growth of their portfolio. They must adhere to underwriting guidelines, market effectively, and assist in servicing existing and potential wholesale clients.

Job Duties and Responsibilities:

1. Execute the business plan for developing, managing, and expanding a portfolio of accounts.
2. Prioritize submissions to identify profitable accounts aligned with business and corporate goals.
3. Perform underwriting analysis following Allied World (US) General Casualty guidelines.
4. Develop and review account pricing, structure, terms, and conditions with underwriting staff.
5. Ensure proper underwriting pricing and discipline, complying with guidelines 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. Participate in client/broker meetings and industry events as appropriate.
10. Collaborate with brokers, internal auditors, Claims, Accounting, IT, and Legal departments.
11. Report to the underwriting manager regarding submissions and portfolio status.

Qualifications

Compensation: The annual base pay range is $80,000 - $130,000, depending on experience, location, and role scope. This salary is part of Allied World's total reward package, which may include incentives.

Requirements:

• University degree
• 3-5+ years experience in General Casualty underwriting
• Strong negotiation and analytical skills
• Proficiency in Microsoft Office Suite
• Excellent communication and interpersonal skills
• Attention to detail and quantitative skills
• Ability to work independently and meet deadlines
• Willingness to work outside normal hours and travel as needed

About Fairfax

Fairfax is a holding company involved in property and casualty insurance, reinsurance, and investment management.

About Allied World

Allied World Assurance Company Holdings, Ltd, provides global insurance and reinsurance solutions. Since 2001, we've supported clients with comprehensive services and coverages. As a subsidiary of Fairfax Financial Holdings Limited, we leverage a worldwide network for innovative responses to changing trends. Learn more at www.awac.com.

Our benefits include health, dental, disability insurance, a 401k plan, and life insurance. We are an Equal Opportunity Employer, considering all qualified applicants without discrimination.