Allied World is currently looking for an Underwriter for our Cyber Liability / Technology Errors & Omissions team who will be located in our Los Angeles office and responsible for relationships throughout the Southern California and Southwest Region. The ideal candidate will be able to work in a team setting with high levels of client interaction to perform systems and network security analysis, client contractual review, and will be intimately involved in individual deal negotiations with a variety of partners and industry classes. Allied World believes that we thrive on a combination of technical and on the job training and this runs core to new team member development.
As digital threats grow more sophisticated, malicious, and difficult to detect, Allied World’s focus rests on innovation in providing tailored solutions to complex risk. Cyber losses cost the global economy upwards of $1.5 trillion each year, a figure that is only expected to grow, and this has resulted in Cyber Liability sitting at the forefront of the global industry The role will provide you with insight into cutting edge IT security protocols and risk management practices utilized by Silicon Valley’s fastest growing companies in order to thrive within this new frontier.
The roles and responsibilities of an Underwriter include:
Prioritize and evaluate submissions in order to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives.
Evaluate terms and structures to meet corporate profitability targets.
Price and analyze coverage, structure and exposures.
Attend client/broker meetings, lunches, dinners and other social outings as applicable.
Negotiate contracts and pricing mechanisms with partners, end users, and clients for new and renewal business.
Exercise proper underwriting pricing and discipline to meet profitability goals in compliance with underwriting guidelines, systems, and procedures.
Expand Allied World’s existing portfolio of business by developing existing relationships, as well as creating new prospective clients.
Liaise with brokers, internal auditors and Claims, Accounting, IT and Legal departments.
Attend industry conferences and seminars.
Internal Number: 2100001J
About Allied World Insurance Company
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
About Allied World
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 we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world
Our generous benefits package includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance. Allied World Insurance Company is an Equal Oppo...rtunity 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, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status. Please visit www.awac.com for further information on Allied World.
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