• Underwriting functions including direct as well as inward-facultative 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 distribution, internal auditors, Claims, Actuarial, Accounting, IT and Legal departments as appropriate.
• Business travel on a regular basis to areas in North Asia may be required.

Requirements

• College degree required.
• Minimum 3-5 years of underwriting experience in the Commercial Insurance sector in areas including but not limited to public and products liability, employees’ compensation, and other relevant liability lines of insurance.
• 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.

*Candidate with less experience will be considered as Underwriter

 
All information collected from applicants will be kept in accordance with Allied World Assurance Company, Ltd ‘s (Hong Kong branch) privacy and security policy.
 
About Allied World
Allied World Assurance Company Holdings, GmbH, 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.
 
We have over 1,400 employees in offices across North America, Europe and Asia-Pacific. 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, sex, 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.
 
Learn more about Allied World by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world