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  • Senior Excess

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  • VP, Excess Casualty

    1 month ago


    Chicago, United States Allied World Assurance Company Holdings, Ltd Full time

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  • VP, Excess Casualty

    1 month ago


    Chicago, Illinois, United States Allied World Assurance Company Holdings, Ltd Full time

    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...


  • Chicago, United States Argo Group International Holdings, Ltd. Full time

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  • Chicago, United States Great American Insurance Group Full time

    Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty...

VP, Excess Casualty

1 month ago


Chicago, United States Allied World Full time

Job Title: VP, Excess Casualty (2400003T) 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 to identify 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. Price and analyze coverage, structure, and exposures. Attend client/broker meetings, lunches, dinners, and other social outings as applicable. Negotiate with brokers and clients for new and renewal business. Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems, and procedures. Expand existing portfolio of business by developing existing relationships and new prospective clients. Monitor developments and cash-flow of bound contracts throughout the period. Liaise with brokers, internal auditors, and Claims, Accounting, IT, and Legal departments as appropriate. Attend important industry conferences and seminars as appropriate. Supervise underwriters to ensure information is inputted into the in-house system in an accurate and timely manner. Work with senior management with respect to strategic and financial planning, budgeting, and monthly projections and reporting. Referral contact for underwriting staff as necessary. Manage underwriting staff which includes, but is not limited to delegation of duties and special projects, performance and salary reviews, and training and development. Coordinate the underwriting process and provide direction and leadership to team members. Continually monitor the portfolio with particular attention paid to geographic areas that present catastrophic exposures. Review portfolio analysis completed by the members of the underwriting team. On a quarterly basis review PML analysis on portfolio and on the relevant book. Continue to monitor and improve pricing methods and consistency. Create and execute the business plan through interaction with senior management for the development, management, and expansion of a portfolio. Monitor the portfolio and report periodically to senior management with respect to growth, results, and composition. Maintain overview of markets and industry developments through traveling, attending market conventions and seminars and other means to optimize the underwriting and portfolio strategy. Establish underwriting guidelines and monitor terms, conditions, and participations negotiated with brokers and clients. Evaluate and respond to underwriting referral requests in a timely manner. Job Requirements: Professional designation such as CPCU, ACII or similar. At least 7 years underwriting experience; with at least 2 years supervisory experience. Established relationships with brokers/markets/companies. Successful track record in developing and maintaining reinsurance accounts. Proficiency in Microsoft Office Suite (Excel, Word, and PowerPoint). Excellent communication (both written and verbal) and interpersonal skills. Strong attention to detail and quantitative skills. Ability to work to deadlines and prioritize tasks. Ability and willingness to work outside normal office hours as required. Our Business: Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents, and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings, Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. 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 and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, gender, gender identity, age, genetic information, marital or civil partnership status, family status, sexual orientation, military, veteran status, disability or any other characteristic protected by law. #J-18808-Ljbffr