Allied World - San Francisco, CA
posted 5 months ago
The A&E Underwriter, AVP/VP position is a critical role within the A&E Division, focusing on the evaluation, analysis, and determination of appropriate terms and conditions for various insurance products. This includes coverage for Architects and Engineers, Contractors, Project placements, and Excess placements across all lines. The AVP/VP will be responsible for developing and maintaining relationships with producers and insured contacts, particularly those within the ENR 500 group, to facilitate business growth and ensure effective underwriting practices. In this role, the AVP/VP will review and analyze underwriting submissions, establishing a robust network of market contacts while acting as the lead marketer for A&E and Construction Professional in their designated territory. The position requires a thorough understanding of underwriting principles, allowing the individual to underwrite risks according to the company's business strategy, ensuring that selected risks are quoted appropriately. The AVP/VP will also be tasked with presenting accounts to customers, pricing and analyzing coverage, and authorizing quotes, binders, and invoices as necessary. The role involves attending client and broker meetings, negotiating terms for new and renewal business, and assisting in the development of data and reports as needed. The AVP/VP must ensure compliance with underwriting guidelines and maintain profitability goals through disciplined pricing strategies. Participation in underwriting audits and collaboration with various internal departments, including Claims, Accounting, IT, and Legal, is also essential. Additionally, the AVP/VP will represent the company at important industry conferences and seminars, enhancing the company's visibility and networking opportunities.