Allied World Assurance Company Holdings, Ltd
AVP, North American Programs Division
Take the next step in your career with us.
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.
Our people are our most important asset, and we are very proud of the quality of our team members.
AVP, North American Programs Division
Location: Preferred location is Farmington, CT but we are open to New jersey, New York, Chicago, Philadelphia, Atlanta, Boston, Dallas, and Houston
Job Summary:Responsible for underwriting a portion of the AW Program P&C business, employing the methods necessary to meet projected profitability, expense goals, premium growth while simultaneously executing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients.
Job Duties and Responsibilities:
Core Underwriting FunctionsOverall management of Program assigned to including but not limited to underwriting referrals, pricing analysis, underwriting audits, PML and aggregation monitoring, data feed review and relationship management of Program Administrator
Evaluate and respond to referrals in a timely manner by analyzing coverage, exposures and pricing
Work with management in setting and meeting budgeted premiums for assigned Program
Work to achieve profitability on assigned Program
Liaise with Claims Department on any specific claims activity on individual accounts, which could potentially affect profitability
Assure Program Administrator is compliant with all underwriting and administrative guidelines
Marketing – attend client/broker meetings, lunches, dinners and other social outings as applicable
Assist team in vetting new Program opportunities
Attend training sessions and conferences when deemed appropriate
Assist with special projects as needed under supervision of management
Follow treaty and facultative reinsurance protocols as required
Stay current with respect to major industry issues and developments
Provide specific reports as needed by senior staff
Other duties as assigned
Qualifications:
College Degree
Minimum of 8-12 years underwriting experience
Strong Verbal and Written Communication and Interpersonal Skills
Excellent organizational skills, and ability to multi task
Ability to work independently in a fast-paced, high pressure environment
Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged
Willingness to travel
The salary range for this role is between:
$130,000 - $160,000
The below 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 he listed range and determined by a number of considerations, including but now limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one compensation of Allied World comprehensive total reward package, which may also include annual incentive compensation rewards. Salary is flexible and will be based on the candidate’s years of relevant experience, skills and qualifications.
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.
Working at Allied World
Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
• Instant membership in the Allied World — a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources
Global Presence
Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.
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