Underwriter, Hong Kong Property Division

Allied World • Town of Boston, NY, United States • $200k - $250k / year • 1w ago

Job Description - Underwriter, Hong Kong Property Division (2400005F)

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 role involves underwriting cases across the allocated geographical remit of the portfolio in line with the strategic philosophy and risk appetite of the portfolio and within the defined processes of the business to achieve sustainable, profitable growth targets. You will spend most of your time delivering underwriting decisions, contributing to business development activities and liaising with internal and external stakeholders. You will be dealing with customers, brokers, network partners and third parties, working with other colleagues and as part of a team.

Job Duties:

Review cases and deliver underwriting decisions, following agreed processes at the designated authority level, to secure profitable business within company's risk appetite and guidelines.
Contribute to peer review processes as required to support and enable the maintenance of an effective control environment.
Provide advice and guidance to the production of new policy documentation or reviewing of existing policy documentation to ensure the validity and accuracy.
Conduct analysis of accumulation of risk exposure.
Utilize previous experience, technical knowledge, resources and communication skills to collaborate with other teams to deliver the best outcome for the company.
Contribute to and/or lead the development and exploration of marketing activities and initiatives to increase penetration of existing customers and/or expand the distribution channels.
Proactively pursue up-selling and cross-selling opportunities to maximize profitable and sustainable revenue.
Interact with brokers and clients efficiently and in a timely manner in order to deliver high standards of customer satisfaction.
Travel within allocated geographical remit as required.

Qualifications:

Bachelor's degree (or equivalent), major in insurance and/or risk management is preferred.
Minimum 5 years relevant General Insurance industry experience, 3 years or above Property/Construction/Energy of underwriting experience is preferred.
Good network and knowledge in Hong Kong market is preferred.
Ability to contribute technically to portfolio growth.
Strong analytical, relationship management, negotiation and communication skills.
Positive attitude, open minded and willingness to learn.
Ability to perform under pressure and handle challenges.
Collaborative team player who thrives in a dynamic environment and contributes positively to team success.
Professional industry qualifications/accreditations preferred.
Fully proficient in English.

*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
Our team of over 1,400 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 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.