Jobs · Sales · Pennsylvania

Underwriter, North American Environmental Division

Allied World · Philadelphia, PA · 3 wk ago
On-siteSalesFull-time

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.

About the Role

The Underwriter 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.

Responsibilities

  • Execute the business plan for the development of an Environmental portfolio.
  • Prioritize and evaluate submissions to identify accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives.
  • Evaluate terms and structures to meet corporate profitability targets.
  • Price and analyze coverage, structure, and exposures.
  • Develop Broker Distribution platform.
  • Authorize quotes/binders/invoices as appropriate.
  • Attend client/broker meetings, lunches, dinners, and other social outings as applicable.
  • Negotiate with brokers and clients for new and renewal business.
  • Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems, and procedures.
  • Expand existing portfolio of business by developing existing relationships and new prospective clients.
  • Monitor developments and cash-flow of bound contracts throughout the period.
  • Liaise with brokers, internal auditors, Claims, Accounting, IT, and Legal departments as appropriate.
  • Cross-sell other Allied World products.
  • Attend important industry conferences and seminars as appropriate.
  • Ensure information is input into the in-house system in an accurate and timely manner.
  • Ability and willingness to work outside normal office hours and travel as required.

Requirements

  • 4-year college degree required.
  • 1-3 years of relevant work experience.
  • Ability to establish relationships with brokers/markets/companies.
  • Develop a track record of producing and maintaining reinsurance accounts.
  • Strong negotiation skills.
  • 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.

Benefits

  • Health, Dental, and Disability Insurance.
  • Company match 401k plan.
  • Group Term Life Insurance.

Pay

The salary range for this role is competitive and commensurate with experience.

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