Underwriter Trainee Job at Allied World Assurance Company, Boston, MA

OEZFYWM4RTB4cXNBRk5sV0w0NFNZVm9IWEE9PQ==
  • Allied World Assurance Company
  • Boston, MA

Job Description

Underwriter Trainee Location Boston, MA (Downtown area) : Underwriter Trainee, North American Property Division -(2300007I ) Description

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.
Qualifications

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.

Primary Location : US-MA-Boston Work Locations : Boston 160 Federal Street 6th Floor Boston 02110 Job : Underwriting Employee Status : Regular Job Type : Standard Job Posting : Dec 7, 2023, 11:30:38 AM Pay Basis Yearly

Job Tags

Full time, Traineeship,

Similar Jobs

Germantown Friends School

Strength, Conditioning, and Performance Coach Job at Germantown Friends School

Job DescriptionStrength, Conditioning, and Performance CoachGermantown Friends School is looking for a skilled educator, mentor, and communicator who has proven experience in fitness, strength, speed, agility, and team training to build on a strong tradition of success... 

Get It - Executive

Visual Merchandising Manager Job at Get It - Executive

 ...commitment to excellence and passion for kindness remain at the heart of everything we do. Position Summary: We are seeking a Visual Merchandising Manager to spearhead the strategy and execution of visual merchandising across the Americas region. In this role, you will... 

FUJIFILM Irvine Scientific

Web Developer Job at FUJIFILM Irvine Scientific

 ...Job Description We are hiring a Web Developer. The Web Developer is responsible for supporting digital marketing and ecommerce goals by building and maintaining content on the FUJIFILM Irvine Scientific website, utilizing the Adobe Commerce backend. Responsibilities... 

Metro Richmond Zoo

Construction Worker - Skilled Trades Job at Metro Richmond Zoo

 ...Skilled trades workers are responsible for the renovation and construction of animal exhibits and maintenance of all zoo buildings and structures...  ...discounts Work near animals Day-time hours (no nights) No Sundays required Flexible schedule Variable work tasks... 

Krystal Biotech

Manufacturing Support Technician Job at Krystal Biotech

 ...PA, which is home to our two state-of-the-art CGMP manufacturing facilities with teams around the world and satellite offices in Switzerland, Germany, and Japan. We are a company built and run by people who care, are fearless in the face of a challenge, love the work they...