at Allied World Insurance Company in Chicago, Illinois, United States
Job Description
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. Responsible for managing an underwriting team.
Job Duties and Responsibilities:
Execute the business plan for the development, management and expansion of a portfolio.
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.
Evaluate terms and structures in conjunction with Actuarial staff to meet corporate profitability targets.
Conduct pre-quote and mid-term underwriting audits as needed.
Evaluate and respond to special acceptance requests in a timely manner.
On a quarterly basis review the development of the portfolio against original projections.
Work with clients to develop new insurance products.
Periodic reporting to senior underwriter regarding submissions and current portfolio content.
Review and analyze underwriting submissions, slips and contracts.
Set appropriate terms and conditions following the Company business strategy to quote selected risks.
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Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
