The Sr. Underwriter will be proficient in evaluating, analyzing and determining the appropriate terms and conditions for the various products within the A&E Division. This will include A&E, Contractors, Project placements and Excess placements on all lines. The position will focus, in part, on facilitating and developing producer and insured contacts specific to Architects and Engineers within the ENR 500 group.
Job Duties & Responsibilities:
Review and analyze underwriting submissions
Establish a network of market contacts and act as the lead marketer of A&E and Construction Professional in your territory
Underwrite to appropriate terms and conditions following the Company business strategy to quote selected risks
Present accounts to customers
Price and analyze coverage, structure and exposures
Authorize quotes/binders/invoices as appropriate
Attend client/broker meetings as applicable
Negotiate with brokers and clients for new and renewal business
Assist in the development and formulation of data/reports as needed
Ensure that underwriting pricing and discipline are followed to meet profitability goals, complying with underwriting guidelines, systems and procedures
Attend underwriting audits as needed
Liaise with brokers, internal auditors and Claims, Accounting, IT and Legal departments as appropriate
Attend important industry conferences and seminars as appropriate
4 year College Degree
3 - 5 years Professional liability underwriting experience, or equivalent broker experience
Experience in architects and engineers (A/E) exposure analysis, Contractor exposure analysis, project specific professional liability placements and a working knowledge of A/E specialty producers and brokers
Solid communication skills, computer skills, and organizational skills
Insurance certification preferred (CPCU or RPLU)
About Fairfax
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
About Allied World
Allied World, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. Allied World offers superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA- by Fitch.
Our generous benefits packagee includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance. Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status. Please visit www.awac.com for further information on Allied World.