Sr. Underwriter, Construction – 24000050

Job Objectives

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We are seeking a Senior Underwriter. The person in this position will be responsible for underwriting a complex book of business, The Sr. underwriter must be capable of underwriting loss sensitive programs for contractors, project specific and wrap up programs. This person must be willing to travel extensively, up to 25% of the time.

The Sr. underwriter must be comfortable meeting with and performing presentations to clients and brokers. The position will be located in Chicago, or another Allied World US branch office.

Duties and Responsibilities

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Execute the business plan for the development of a Construction portfolio.

Prioritize and evaluate submissions in order to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives.

Evaluate terms and structures to meet corporate profitability targets.

Price and analyze coverage, structure and exposures.

Wrap Up policy experience is a highly preferred

Develop Broker Distribution platform

Authorize quotes/binders/invoices as appropriate.

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 period.

Liaise with brokers, internal auditors and Claims, Accounting, IT and Legal departments as appropriate.

Cross sell other Allied World products

Attend important industry conferences and seminars as appropriate.

Ensure information is input into the in-house system in an accurate and timely manner.

Equal Opportunity Employer – minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity