Program Manager - Chicago, United States - Allied World

Description

Job Description
Description

Job Objectives:

Responsible for underwriting a portion of the AW Program business, employing the methods necessary to meet projected profitability, expense goals, premium growth while simultaneously executing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients.

Duties and Responsibilities:

Overall management of Program assigned to including but not limited to underwriting referrals, pricing analysis, underwriting audits, data feed review and relationship management of Program Administrator.

Evaluate and respond to referrals in a timely manner by analyzing coverage, exposures and pricing.
Knowledge of Underwriting principles, industry standards, and market development.
Work with management in setting and meeting budgeted premiums for assigned Program.
Work to achieve profitability on assigned Program.
Liaise with Claims Department on any specific loss activity on individual accounts, which could potentially affect profitability.
Assure Program Administrator is compliant with all underwriting and administrative guidelines.
Marketing – attend client/broker meetings, lunches, dinners and other social outings as applicable. Assist team in vetting new Program opportunities.
Attend training sessions and conferences when deemed appropriate.
Assist with special projects as needed under supervision of management.
Follow treaty and facultative reinsurance protocols as required.
Stay current with respect to major industry issues and developments.
Provide specific reports as needed by senior staff.
Other duties as assigned.

Compensation:
$95,000 - $125,000
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 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 , or follow us on Facebook at

alliedworld

and LinkedIn at

allied-world

.
Qualifications

Requirements :
College Degree.
5-7 Years of Property and Casualty Underwriting experience.
Strong Verbal and Written Communication and Interpersonal 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 (10%).
Primary Location

Primary Location

:

US-IL-Chicago
Other Locations
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