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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

Vacancy posted 3 days ago
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