VP, North American E&O Division

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 Summary:

This position is responsible for underwriting a diverse and complex book of business, employing methods to meet projected profitability, GWP, and expense goals. The role involves managing and growing the overall portfolio within established underwriting disciplines and guidelines, as well as marketing and servicing existing and potential clients. The individual will support the regional/global head in setting strategic goals and budgets, and will lead and develop the technical underwriting team.

Job Duties and Responsibilities:

• Execute business plans for development, management and expansion of assigned portfolio

• Perform extensive account analysis including submission review, pricing analysis, and setting terms and conditions

• Prioritize and evaluate submissions to identify accounts with greatest profit opportunity

• Authorize quotes, binders, and invoices in accordance with company guidelines

• Ensure timely and correct issuance of bound policies

• Craft wordings and endorsements for legal authorization

• Monitor portfolio development against original projections on quarterly basis

• Attend client/broker meetings, industry conferences, and networking events

• Negotiate with brokers and clients for new and renewal business

• Expand existing portfolio by developing relationships with existing and prospective clients

• Maintain established broker/market relationships

• Supervise and develop underwriting team members including delegation of duties and special projects

• Provide direction to Underwriters and Underwriting Assistants

• Conduct performance and salary reviews

• Coordinate underwriting processes and provide leadership to team members

• Support regional/departmental VP in setting strategic goals and budgets

• Work with senior management on strategic and financial planning

• Monitor developments and cash-flow of bound contracts

• Review PML analysis on portfolio quarterly

• Liaise with actuarial support for premium benchmarking and pricing models

• Coordinate with Claims Department on claim activity and market concerns

• Work with Legal, Accounting, IT and other internal departments as needed

• Stay current with major market and industry developments

Qualifications:

• 4-year college degree (graduate-level preferred)

• Professional insurance qualification (ACII, CPCU or similar)

• Minimum 7+ years underwriting experience (12+ years preferred for senior specializations)

• At least 2 years supervisory/management experience

• Demonstrable experience underwriting complex international projects

• Successful track record in developing and maintaining accounts

• Ability to work under tight deadlines and manage conflicting priorities

• Excellent negotiation skills and commercial acumen

• Highly computer literate with advanced proficiency in underwriting systems

• Ability and willingness to work outside normal office hours as required

• Fluent in English (additional languages beneficial)

The salary range for this role is between:

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.