AVP- Property Underwriting

ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, offers more than

170 sophisticated property, casualty, risk-management, and accident and health products and services through retail brokers. With offices in 18 U.S. cities, ACE USA is able to meet the insurance needs of corporate clients of all sizes.

ACE is dedicated to recruiting and developing talented individuals with the knowledge, ability and desire

for success. With our strong capital base, financial stability, diversified earnings stream and multinational

operating platform, we offer an excellent opportunity for your future growth and development.

 

ACE Westchester specializes in the wholesale distribution of Property, Inland Marine, Casualty, Professional Lines and Environmental Liability products. In addition, the Program Division is a leading market in agricultural insurance and an experienced underwriter of commercial programs.  Westchester provides specialized products and services on an admitted and non-admitted basis. The company’s underwriting expertise and dedicated claims handling staff ensure that customers receive innovative solutions to complex insurance needs.

 

With a history that dates back more than 150 years, ACE Westchester was acquired by ACE Limited in 1998. Westchester Fire Insurance Company, the largest member of the group, was incorporated in New York in 1837, and is licensed as a multi-line property and casualty insurer in all 50 states, the District of Columbia and Puerto Rico; Westchester Surplus Lines Insurance Company is a non-admitted insurer in 44 states, District of Columbia, Puerto Rico and the Virgin Islands. 

 

MAJOR DUTIES & RESPONSIBILITIES

 

Responsibilities for this position include implementing product line underwriting objectives by review, evaluation, selection and pricing insurance programs. In addition, generating new business revenues by developing prospects, visiting assigned producers, participating in direct presentations and negotiating programs. Providing primary communication and direction for all processing requirements including policy issuance instruction, endorsement requests, billing requirements and audit review. Must also evaluate reinsurance needs and coordinate as necessary within company and departmental guidelines.

 

MINIMUM REQUIREMENTS

 

Requirements for this position include 5 to 10 years Property Underwriting experience. Must have a working knowledge of the Wholesale Brokerage Community, and track record of providing quality service to producers and clients consistent with established service standards. Ability to market and produce profitable new business, balanced between marketing and technical skills, also required. Exceptional communication and interpersonal skills are essential, along with the ability to manage multiple and complex task. Must be familiar with MS Word, MS Excel, and MS Outlook.

 

ACE Limited is the Bermuda-based holding company of the ACE Group of Companies (ACE), one of the world’s leading providers of commercial property and casualty insurance and reinsurance. The ACEGroup provides a diversified range of products and services to clients through operations in more than 50 countries around the world, and has the authority to conduct business in over 140 countries.