Underwriter Trainee/Underwriter - phD
Allied World Assurance Co
Department: phD
Job Title: Underwriter Trainee/Underwriter
Reports to: AVP, phD (private/healthcare Division)
Job Summary:
Underwrite and service a book of management liability business, including all Healthcare, Private and Not for Profit organizations. Emphasis will be on Managed Care D&O, E&O, EPLI & all ancillary lines 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 authorizations
· Work within authority and receive proper approval from regional manager as necessary.
· Liase with Claims Department on any specific claim activity and overall market claims concerns, which could potentially affect profitability
· Consistent with Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines
· Attend marketing meetings with brokers as directed by the regional manager.
· Attend client/broker meetings and other social outings as applicable.
· Develop and maintain producer relationships
· 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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