28 Aug
|
Allied World Assurance
|
Ontario
28 Aug
Allied World Assurance
Ontario
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.Job Summary:Responsible for underwriting insurance/reinsurance portfolios by developing business from assigned broker accounts, evaluating risk submissions, and contributing to overall business growth while maintaining profitability targets and risk appetite guidelines.Job Duties and Responsibilities:Underwriting & Risk AssessmentReview and evaluate insurance/reinsurance submissions to identify profitable opportunities consistent with business plansDeliver underwriting decisions following established processes and authority levelsRate premiums and apply terms and conditions in accordance with underwriting guidelines and binding authoritiesWork with actuarial teams to determine optimal pricing and structure for new and renewal businessConduct underwriting audits and ensure compliance with underwriting guidelinesClient & Broker Relationship ManagementBuild and maintain strong relationships with assigned broker/intermediary accountsRespond to enquiries from brokers via phone, email, letter, or fax in a courteous and timely mannerNegotiate treaty terms, conditions,
and participations with brokers and clientsProvide customized solutions based on thorough understanding of customer needsManage customer interactions efficiently to ensure high levels of satisfactionBusiness DevelopmentProactively identify and pursue up-selling and cross-selling opportunitiesMarket services to brokers and clients to maximize profitable revenue potentialAchieve agreed business targets for new and renewal businessContribute to overall business growth objectivesAdministrative & DocumentationPrepare and issue quotations, policy documents, and invoicesUpdate client records and maintain accurate filing systemsIssue written confirmations for accepted quotations with full coverage detailsManage renewal processes 4-6 weeks before renewal datesEnsure paper files and system records are properly maintainedCross-Functional CollaborationCoordinate activities with Claims, Accounting, Legal, and Finance departmentsWork closely with collection teams to resolve payment discrepanciesAssist with claims notification procedures and direct inquiries to appropriate partnersParticipate in ad-hoc projects as requiredQualifications:Bachelor's degree preferred2-10 years of relevant multi-line general insurance/reinsurance underwriting experienceProfessional insurance qualifications preferred (CPCU, ARe, RPLU)Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, SharePoint)Strong analytical and quantitative skillsExcellent negotiation and documentation abilitiesHigh attention to detailRisk assessment and decision-makingCustomer service orientationSalary range is $70,000.00 - $90,000.00 USDWorking at Allied WorldOur 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 resourcesGlobal PresenceHeadquartered 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.Our BusinessAllied 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 Holding Limited , and benefit from a worldwide network of affiliated entities that allow us to think and respond in a non-traditional ways.Allied work is an equal prospect employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religions or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.To learn more, visit awac.com , or follow us on Facebook and LinkedIn .
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📌 Sr. Underwriter, Canadian Property, North American Property Division (Ontario)
🏢 Allied World Assurance
📍 Ontario