Underwriter Trainee, North American DBA Division

Allied World; Chicago (IL); On-site; USD 63,000 - 77,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Job summary

Allied World is seeking an Underwriter Trainee in Chicago. This entry-level role focuses on learning underwriting skills, account management, and broker communications. It offers extensive training, with exposure to new business submissions, policy renewals, and midterm activity management to support seasoned underwriters.

In this role you'll gain knowledge through formal courses and mentoring, preparing you for long-term growth within Allied World’s underwriting organization near Chicago.

Qualifications

• University degree required.
• Ability to work independently in a fast-paced, high-pressure environment.
• 0–3 years of underwriting experience.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Excellent written and verbal communication and interpersonal skills.
• Strong attention to detail and quantitative skills.
• Ability to meet deadlines and prioritize tasks.
• Willingness to travel for client meetings and broker visits within the region.

Responsibilities

• Perform account analysis according to Allied World guidelines.
• Develop account pricing, structure, and make recommendations.
• Perform and document referrals.
• Prepare quotes, binders, underwriting worksheets within guidelines.
• Maintain files in an orderly manner per company guidelines.
• Attend client meetings, lunches, dinners, and other outings as applicable.
• Market to brokers within assigned region and participate in production meetings.
• Collaborate with legal for manuscript wording analysis as needed.
• Interact with senior management on referral items.

Skills

Communication skills

Attention to detail

Deadline oriented

Independent work

Travel readiness

Education

University / Undergraduate degree

Tools

Microsoft Office Suite

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

The Underwriter Trainee is an entry level role, with the main goal to learn the technical skills of underwriting along with account management responsibilities, including direct communication with our broker community. This individual will provide a support role to the underwriters they work with, assisting in the new business submission and policy renewal process, along with midterm activity management. This is a great opportunity to learn the insurance product that provides immediate responsibility and opportunity for long‑term growth and advancement. Allied World provides multiple training and education courses to provide the skills and knowledge to succeed in this role and beyond.

Job Duties & Responsibilities

• Perform account analysis according to Allied World guidelines
• Develop account pricing/ structure/ make recommendations
• Perform and document referrals
• Prepare quotes, binders, underwriting worksheets within company guidelines
• Maintain files in an orderly manner consistent with company guidelines
• Attend client meetings, lunches, dinners, and other outings as applicable
• Market to brokers within assigned region and engage in production meetings
• Work with legal department for manuscript wording analysis and preparation as needed
• Interact with senior management on referral items

Qualifications

• University / Undergraduate degree required
• Ability to work independently in a fast paced, high pressure environment
• 0-3 years of experience in underwriting
• Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint)
• Excellent communication (both written and verbal) and interpersonal skills
• Strong attention to detail and quantitative skills
• Ability to work to deadlines and prioritize tasks
• Willingness to travel for client meetings and broker visits throughout the assigned region

Salary

Salary: $70,000

The below 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.

Benefits

Our generous benefits package includes health, dental and disability insurance, a company match 401‑k plan, and group term life insurance.

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.

Equal Opportunity Employer

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.