AVP, Underwriting - Environmental

Allied World Assurance Company Ltd

Los Angeles, CA

JOB DETAILS
SALARY
$130,000–$175,000 Per Year
SKILLS
Accounting, Actuarial Skills, Analysis Skills, Automotive Industry, Best Practices, Brokerage, Business Administration, Business Plan, Business Strategy, Career Development, Coaching, Customer Support/Service, Distribution Channel, Establish Priorities, Legal, Market Development, Marketing, Mentoring, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Microsoft Word, Negotiation Skills, Pricing, Product Development, Product Management, Profit & Loss, Programming Tools, Retail, Risk Management, Strategic Planning, Team Lead/Manager, Time Management, Training Program, Underwriting, Willing to Travel
LOCATION
Los Angeles, CA
POSTED
2 days ago

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 Objectives:

Successful candidate will lead the Environmental Casualty Group in West Coast Region including business strategy, product development and management, underwriting team and broker and industry relations. Lead the region by driving underwriting culture, setting, and attaining profitability, premium and expense plans, implementing underwriting guidelines, marketing/servicing of existing clients, prospects and distribution network, and recruit and develop underwriting team. Responsibilities include executing as the strategic leader of the business, people, and product for this region to maximize growth with profitability.

Job Duties and Responsibilities:

  • Develop and execute the strategic business plan to manage and grow the environmental casualty portfolio in the West Coast Region reporting to Environmental Casualty Director.
  • Serve as the West Coast Region Environmental Casualty Unit lead which requires a strong general liability, umbrella/excess, product liability, professional liability (environmental consultants), pollution liability and automobile liability background. Participate with National Environmental Casualty leader to improve underwriting guidelines, pricing methods, risk management services, book profile and consistency across book to establish and drive best practices. Hands on experience in underwriting, market development, client engagement and leading an underwriting team.
  • Leading the local underwriting team requires reviewing and analyzing underwriting submissions, analyze exposures including coverage structure and rate, authorizing quotes/binders, respond to referral requests in a timely manner, and develop the underwriting team's skills and abilities through training and feedback.
  • Manage the portfolio in your territory through periodic account reviews, profitability reviews, mix of business and refine the portfolio as required to ensure profitability.
  • Demonstrate strong market facing skills by visiting, communicating, and negotiating with retail and E&S brokers on a regular basis to maintain good working relationship.
  • Manage local team of underwriters including hiring, developing and execution of the business plan.
  • Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
  • Travel for client/broker meetings, lunches, dinners, other social outings, and industry events as applicable.
  • Liaise with Chief Underwriting Officer, actuary, claims, accounting, IT and legal departments as appropriate.
  • Manage and delegate authority.

Job Qualifications:

  • At least 7 years relevant underwriting experience with at least 3 years supervisory experience.

  • Bachelor's degree preferred, MBA and/or CPCU, ACII or similar, a plus.

  • Strong knowledge of casualty and product liability exposures, coverage forms and rating for primary, excess casualty and auto liability lines.

  • Strong knowledge of professional liability (E&O) and environmental liability, preferred.

  • Strong marketing skills to establish relationships with brokers and ability to be client/insured facing.

  • Ability to be self-directed and prioritize work and for deadlines.

  • Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint) and computers.

  • Travel is required.

The salary range for this role is between:

Salary range: $130,000 - 175,000

The annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations, including but not limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one component of Allied World's comprehensive total reward package, which may also include annual incentive compensation rewards.

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 Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law.

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

About the Company

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Allied World Assurance Company Ltd