Underwriter Trainee/Underwriter, North American E&O Division
Allied World Assurance Co
Job Objectives:
Underwrite and service a book of errors & omissions liability business, including new and renewal business. Emphasis will be on Miscellaneous E&O and Lawyers Professional Liability employing the methods necessary to meet projected premium and profitability goals. Comply with divisional and corporate underwriting guidelines, administrative standards and time service standards.
Duties and Responsibilities:
- Compliance with underwriting guidelines, systems and procedures
- Perform general underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice with authorized approval
- Work within authority and receive proper approval from manager as necessary.
- Liaise with Claims Department on any specific claim activity
- Consistent with Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines
- Attend marketing meetings with brokers as directed by manager.
- Attend client/broker meetings and other social outings as applicable.
- Follow treaty and facultative reinsurance protocols as required
- Stay current with respect to major industry issues and developments
- Other duties as assigned
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$70k - $80k
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