Environmental Insurance Professional (Finance)
Job Objectives:
We are looking for a qualified candidate to manage and grow a portfolio of environmental liability insurance products through strategic business relationships with wholesaler and retailer brokers. You will utilize your business acumen and underwriting skills to develop pricing and negotiate terms and conditions in order to build a profitable book of business.
This posiiton can be filled in either Los Angeles or San Francisco and is a hybrid work arrangement - 3 days in the office and 2 days work from home.
Job Duties and Responsibilities:
- Underwrite new and renewal environmental insurance products and negotiation of policy terms and conditions while adhering to Allied World Environmental Underwriting Guidelines.
- Distribution management: strategically develop broker distribution in order to generate new business opportunities and manage existing accounts.
- Prepare quotes, binders, referrals, and underwriting file documentation in compliance with company guidelines.
- Develop and manage positive and effective working relationships with a commitment to service for all associates (brokers, insureds, and internal personnel) leading to high customer satisfaction.
- Coordinate and perform regular marketing calls, account stewardship meetings, and events to promote product offerings, participate in local professional organizations, and remain current and engaged with existing and prospect insureds and brokers on key developments in the marketplace.
- Continue professional development through relevant training courses, continuing education, and/or seminars.
- Approximately 25% travel required.
- Three (3) or more years of experience underwriting environmental liability insurance products including site pollution, contractors' pollution, and contractors' professional policies working with both retail and wholesale brokers.
- Practical knowledge and experience with all environmental liability products and services.
- Excellent written and verbal communication skills with the ability to interact with both internal and external contacts.
- Ability to provide superior customer service to our brokers and insureds.
- Strong analytical and computer skills.
- Strong business and relationship management skills to develop new business opportunities, retain renewal accounts and establish long term strategic broker relationships.
- Excellent organizational and desk management skills with ability to work independently and demonstrate effective prioritization of workload.
- CPCU or ARM, designations preferred.
- Undergraduate degree required.
Compensation:
The below 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.
Salary range: $130,000 - 170,000
About Fairfax
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, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. Allied World offers superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA- by Fitch.
Our generous benefits package includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance. Allied World Insurance Company 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, 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.
