Underwriter, Hong Kong General Casualty

Job Description - Underwriter, Hong Kong General Casualty G) Job Summary This position is responsible for underwriting a complex book of General Casualty business. The position will require the employee utilizing the methods necessary to meet projected profitability, GWP, and expense goals, implementing proper underwriting disciplines/guidelines, and marketing and servicing to existing and potential clients. The position will also require the administration and monitoring of underwriting rules and guidelines, insurance laws and regulations, and rating rules and models. In addition, the employee will be required to provide technical guidance, assistance and training to lower-level associates. Job Duties Underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations. Execute approved General Casualty business plan to establish and develop balanced and diverse book of business in accordance with underwriting guidelines. Set appropriate terms and conditions following the Company’s business strategy to quote selected risks. Exercise proper underwriting pricing and discipline to meet profitability goals, comply with underwriting guidelines, systems and procedures. Mentor junior underwriting staff which includes, but is not limited to, training and development. Maintain underwriting files in an orderly manner and in accordance with underwriting guidelines, including maintenance of all reporting systems for submissions and bound accounts, rate change modelling, bound account listing, submission log and reports as may be developed. Conduct pre-quote and mid-term underwriting audits as needed. Expand existing portfolio of business by developing existing relationships and new prospective clients. Interact with existing and prospective clients, brokers, re‑insurers and other business partners in support of the business. Liaise with brokers, internal auditors, Claims, Actuarial, Accounting, IT and Legal departments as appropriate. Take on additional responsibilities as required. Business travel may be required occasionally. Qualifications The candidate needs to have strong fundamentals in underwriting principles, pricing, and knowledge of policy wordings. The ideal candidate will have strong connections in the market with intermediaries. A self‑starter, who can work independently while also being able to work in conjunction with other functional departments, will be looked upon favorably. All information collected from applicants will be kept in accordance with Allied World Assurance Company, Ltd's (Hong Kong branch) privacy and security policy. Working at Allied World Instant membership in the Allied World Family - 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 We are headquartered in Bermuda, with offices in Atlanta, Boston, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, London, Los Angeles, Malaysia, Miami, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug. 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 worldwide network of affiliated entities that allow us to think and respond in non‑traditional ways. Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate. To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world. Primary Location HK-HK-HongKong Work Locations Hong Kong2 22/F, One Island East Taikoo Place 18 Westlands Road HongKong #J-18808-Ljbffr