Underwriter Trainee, North American Property Division (Toronto)

Underwriter Trainee, North American Property Division (Toronto)

16 Sep
|
Allied World
|
Toronto

16 Sep

Allied World

Toronto

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: Under technical direction, review new and renewal underwriting submissions to ensure it contains sufficient data and fits our appetite. Enter data into modeling and pricing tools to determine premium adequacy and assess for appropriate underwriting terms and conditions. In partnership with underwriters in the department, market business to potential clients and service existing clients.

Duties and Responsibilities

Either independently or in consultation with supervisor, analyze risks under the auspices of the department’s strategy and business objectives, reviewing exposures, losses and related conditions in order to seek to develop a proposal that adequately meets the needs of the target customers while adequately protecting the companies’ assets. Appropriate use of the underwriting tools and company record keeping essential.

Maintain files in an orderly manner consistent with company guidelines

Enter data elements in company’s proprietary pricing tool

Submit risk information for catastrophe modeling





Enter policy information into reinsurance portal where reinsurance is bound

Maintain rate change spreadsheets

Under technical direction, accept, decline or modify new and renewal business submitted by brokers, on behalf of the company. Perform account analysis according to Allied World Canada Property guidelines

Develop and build relationships with producers. Attend Client meetings, lunches, dinners, and other social outings as applicable

Requirements

- Excellent Communication skills for both internal and external clients
- 4 year college graduate
- Proficient in Microsoft applications including word, outlook, and excel
- Excellent organizational skills, and ability to multi task required
- Ability to effectively assess risk.
- Ability to function in a team environment.

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, Current Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.

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 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 opportunity 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.

📌 Underwriter Trainee, North American Property Division (Toronto)
🏢 Allied World
📍 Toronto

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