Job Objectives:

The Underwriter-Product Recall & Food Contamination will be responsible for underwriting a complex book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business, implementing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients. The position will be located in New York and New Jersey.

Duties and Responsibilities:

Execute the business plan for the development of a Product Recall & Food Contamination portfolio.

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.

Develop Broker Distribution platform.

Authorize quotes/binders/invoices as appropriate.

Attend client/broker meetings, lunches, dinners and other social outings as applicable.

Negotiate with brokers and clients for new and renewal business.

Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.

Expand existing portfolio of business by developing existing relationships and new prospective clients.

Monitor developments and cash-flow of bound contracts throughout period.

Liaise with brokers, internal auditors and Claims, Accounting, IT and Legal departments as appropriate.

Cross sell other Allied World products.

Attend important industry conferences and seminars as appropriate.

Ensure information is input into the in-house system in an accurate and timely manner.

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

Minimum Salary: 85000.00 Maximum Salary: 90000.00 Salary Unit: Yearly