Underwriter/Sr. Underwriter, Excess Casualty

Underwriter/Sr. Underwriter, Excess Casualty

Job Objectives: Responsible for underwriting a complex book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business, implementing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients.

Job Duties:

• Execute the business plan for the development, management and expansion of a portfolio of accounts
• Prioritize and evaluate submissions in order to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives
• Review and analyze underwriting submissions, slips and contracts
• Price and analyze coverage, structure and exposures
• Set appropriate terms and conditions following the Company business strategy to quote selected risks
• Evaluate terms and structures in conjunction with Actuarial staff to meet corporate profitability targets
• Authorize quotes/binders/invoices as appropriate
• Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures
• Negotiate with brokers and clients for new and renewal business
• Attend client/broker meetings, lunches, dinners and other social outings as applicable
• Attend important industry conferences and seminars as appropriate
• Liaise with brokers, internal auditors and Claims, Accounting, IT and Legal departments as appropriate
• Expand existing portfolio of business by developing existing relationships and new prospective clients
• Maintain overview of markets and industry developments through traveling, attending market conventions and seminars and other means to optimize the underwriting and portfolio strategy
• Conduct pre-quote and mid-term underwriting audits as needed
• On a quarterly basis review the development of the portfolio against original projections
• Periodic reporting to manager regarding submissions and current portfolio content

Qualifications:

• 4-year college degree
• 1-4 years underwriting experience
• Established relationships with brokers/markets/companies
• Excellent 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
• Ability and willingness to work outside normal office hours as required

Salary range: $85,000 - 120,000 Compensation: The 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.

Our Business: Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings, Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. 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.

Primary Location: US-CA-Los Angeles Work Locations: Los Angeles 550 S. Hope Street Suite 1825 Los Angeles 90071 Job: Underwriting Employee Status: Regular Job Type: Standard Job Posting: Apr 16, 2026, 6:00:32 PM Maximum Salary 200,000.00 Pay Basis Yearly