Underwriter Trainee

Job Objectives:

Responsible for assisting with the underwriting of AWAC Boston property book of business. Provide support and pre-underwriting projects as directed by the underwriting staff in the Boston branch. Learning and developing the skills to understand property-based exposures and proper methods necessary to accurately underwrite and triage account submissions, meet regional premium growth, ensuring the execution of proper underwriting guidelines, participate in the marketing and servicing of existing and potential clients.

Job Duties and Responsibilities:

• Aid with general underwriting functions as requested by underwriting staff. Including the review and triage of underwriting submissions, prepare preliminary PUS reports (property underwriting summaries), request catastrophe modelling, provide initial pricing (ProFit) models and exhibits for specific exposure analysis.

• Work directly with the assigned account coordinator to manage the daily requirements in order to adhere to Allied World processing procedures on assigned accounts. Provide timely and accurate policy issuance, endorsements, AP & RP calculations, quote/binder/invoice authorizations to our brokers.

• Understand and comply with the Internal Audit department procedures, aid with file documentation and maintenance of the proper required information.

• Marketing - attend client/broker meetings, lunches, dinners, and other social outings as applicable. Meet with key producers regularly to discuss production, service and other topics relative to mutual insureds and clients.

• Adhere to the required Allied World underwriting, administrative and procedure guidelines.

• Follow Treaty and Facultative reinsurance protocols as required.

• Stay current with respect to major industry issues and developments.

• Provide specific exhibits, reports as needed by senior staff.

• Other duties as assigned.

Job Requirements :

• Bachelor's Degree a plus
• 0-3 years of industry experience, property preferred
• Solid Writing and Communication 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

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.

To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.