Executive Underwriter, Surety

2 months ago


Princeton, United States AmTrust Financial Full time

Overview:

The Executive Underwriter or Senior Underwriter are responsible for achieving profitable underwriting results in support of growth and profit objectives by appropriate risk selection, agency relations, book management, self-development, and assistance in professional development of others. They administer the underwriting and servicing of new and renewal accounts for agents and producers assigned within the territory in compliance with company underwriting, authority, and pricing standards. Maintains a solid understanding of AmTrusts mission, vision, and values. Upholds the standards of the AmTrust organization.

Responsibilities:
  • Write and retain a profitable book of business through solid risk analysis, pricing and servicing. Maintains compliance with state filings and adheres to corporate underwriting and pricing guidelines. Operate within written authority grant and makes referrals to Home Office Underwriting as required
  • Collaborates closely with territory team. Keep peers and management informed of all issues and activity
  • In collaboration with Manager, develop and implement the territory business plan and share accountability with team in meeting territory goals
  • Train territory staff and clients on underwriting appetite and protocols in conjunction with corporate training guidelines
  • Within Home Office authority grant, acts as the referral point for the territory underwriting staff
  • Coach and collaborate with the team to develop, manage and maintain outside client relationships which will include traveling in the territory to meet with agents, producers and nonprofit associations or organizations.
  • Actively plan and participate in industry events as required such as but not limited to agency or association conventions
  • Provides professional, timely and courteous communication and service to external clients and cross departmental staff to successfully resolve issues pertaining to policyholders and territory producers
  • Provides the pertinent information and guidance to support staff required to process coverage requests in accordance with service guidelines
  • Collaborates with territory team on reports and update databases as required
  • Assists in gathering and communicating competitive information
  • Keeps current with market trends and demands.
  • Performs other functionally related duties as assigned.


Qualifications:

Required:

  • 3+ years of Underwriting experience in insurance products resulting in demonstrated technical knowledge of contract surety insurance coverage, risk selection, methods and pricing.
  • Bachelors degree or commensurate work experience.
  • Demonstrated ability to interpret and analyze data and make an informed, calculated risk decision
  • Ability to make sound contributions to tactical and strategic planning
  • Ability to train, coach and mentor individuals of various backgrounds within area of expertise
  • Respect for confidential information
  • Excellent organizational and time management skills
  • Ability to travel up to 25% of the time within the assigned territory and to the Home Office as required

Preferred:

  • AFSB designation
  • Continuing education
What We Offer:

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.



  • Princeton, New Jersey, United States AmTrust Financial Full time

    Position Overview:The Senior Surety Underwriter plays a crucial role in driving profitable underwriting outcomes that align with the organization's growth and profitability goals. This position involves effective risk assessment, fostering agency relationships, managing the portfolio, and contributing to both personal and team development. The underwriter...


  • Princeton, New Jersey, United States AmTrust Financial Full time

    Position Overview:The Senior Surety Underwriter plays a pivotal role in driving profitable underwriting outcomes that align with the organization's growth and profitability goals. This position involves effective risk assessment, fostering agency relationships, managing the underwriting portfolio, and contributing to both personal and team development. The...


  • Princeton, New Jersey, United States AmTrust Financial Full time

    Overview:The Senior Surety Underwriter is tasked with driving profitable underwriting outcomes that align with growth and profitability goals through effective risk assessment, relationship management, and strategic book oversight. This role involves managing the underwriting and servicing of both new and renewal accounts for designated agents and producers,...


  • PRINCETON, NJ, United States Munich Re Full time

    Chief Claims Officer Reinsurance North America Company Munich Re America Location Princeton , United States Chief Claims Officer, Reinsurance North AmericaLocation of position: Princeton, NJABOUT THE ROLEAs a member of both the Global Claims Executive Leadership team and the Munich Re US Executive Leadership (ELT) team, the Chief...


  • Princeton, United States CURE Full time

    Position Summary:The IT Technical Project Manager will be primarily responsible for leading one or more, complex, enterprise-wide projects with expertise in analysis, scope finalization, estimation, technical design, implementation and manage & deliver all phases of the project.Responsibilities:Establishes and maintains a strong working relationship with IT...


  • Princeton, United States NJ CURE Full time

    Job DescriptionJob DescriptionPosition Summary:The IT Technical Project Manager will be primarily responsible for leading one or more, complex, enterprise-wide projects with expertise in analysis, scope finalization, estimation, technical design, implementation and manage & deliver all phases of the project.Responsibilities:Establishes and maintains a strong...