What are the responsibilities and job description for the Sr. Underwriter/AVP, Construction & Engineering position at Allied World?
Job Summary:
You will be responsible for underwriting builders risk projects as part of the Construction and Engineering (C&E) team. You will utilize your business acumen and underwriting skills to develop pricing and negotiate terms and conditions to build a profitable book of business with existing and new retail and wholesale distribution partners.
Job Duties and Responsibilities:
· Underwrite new builder’s risk (EAR, CAR, infrastructure) projects and negotiate policy terms and conditions. The underwriting focus is project-specific, highly engineered construction risks
· Distribution management: strategically develop broker distribution to generate new business opportunities and manage existing accounts
· Prepare quotes, binders, referrals, and underwriting file documentation in compliance with company guidelines
· Providing direction to junior underwriter and / or assistant underwriter in the timely processing of Policy / Endorsement wordings
· Develop and manage positive and effective working relationships with a commitment to service for all associates (brokers, insureds, and internal personnel) leading to high customer satisfaction
· Coordinate and perform regular marketing calls, underwriting meetings, and events to promote product offerings, participate in local professional organizations, and remain current and engaged with existing and prospect insureds and brokers on key developments in the marketplace
· Liaise with Claims Department on any specific claim activity and overall market claim concerns which could potentially affect profitability
· Supporting the departmental Vice President in setting strategic goals, setting budgets and producing regular Management Information
· Work in a fast-paced environment, multi-task, and make quick decisions while maintaining underwriting integrity
· This is a hybrid work arrangement, with the expectation of working in an office 3 days a week
· Approximately 25% travel required
