Regional Executive Underwriter

6 days ago

Chicago, United States AmTrust Financial Full time

Overview:

Our Financial Institutions underwriting division is seeking an Executive Underwriter to join our growing team. With this opportunity, you will underwrite and manage a portfolio of Management Liability Insurance in accordance with division guidelines, strategy and profitability standards. The person in this position is responsible for new business development, renewals, risk analysis and assessment, coverage evaluation, pricing and contract negotiation in order to maintain and develop a profitable portfolio. Position requires strong risk assessment skills with minimum of 5 years of Management Liability lines underwriting experience and pricing knowledge for publicly traded and private financial institutions. Product lines include Directors & Officers, Professional liability, Fiduciary, Cyber, Employment Practices Liability and FI Bond.

Responsibilities:
  • Build and maintain a solid flow of new business opportunities, identifying opportunities for growth within new and existing production sources. Position has direct responsibility for broker development and management within a book of business.
  • Underwrite renewals and identify cross-sell opportunities. Implementing 120 day strategy to ensure compliance and profitability of risks.
  • Develop risk pricing by analyzing exposures, claims experience, utilizing pricing tools and worksheets, comparison to similar risks, as well as experience in underwriting exposures pertaining to individual risks, for new and renewal accounts within assigned portfolio and authority level.
  • Consistently achieve budgeted financial results (premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management) as established for individual portfolios.
  • Identify and take corrective action and/or collaborate with the appropriate area within the organization based on individual risk characteristics identified through broker reviews, large loss analysis, risk control, etc.
  • Insure compliance with underwriting strategies and regulatory requirements.
  • Remain current on legal and regulatory changes and claim development in order to contribute to unit product development and portfolio decisions.
  • Provide responsive service to brokers by delivering timely and accurate quotes and endorsements.
  • Assist in the development and implementation of underwriting strategy for all product lines.
Qualifications:
  • 5+ years underwriting and rating experience with a focus in management and professional liability insurance products, preferably with knowledge of Financial Institutions
  • Bachelors Degree in business or a related field
  • Strong knowledge of the D&O external market and demonstrated marketing and business development experience within the retail and wholesale distribution channel.
  • Able to understand and execute to strategic priorities including; pricing strategy, agent strategy, rate strategy, underwriting appetite, limit management and mix of business.
  • Advanced analytical skills to interpret business information drawn from multiple sources to take critical account decisions regarding quality of risk.
  • Strong interpersonal skills and ability to work collaboratively with colleagues in other functional areas and across the Group, share knowledge by participating in line of business monitoring and product development activities.
  • Strong Organizational and Time Management Skills
  • Ability to travel up to 25% of the time within the assigned territory
  • Strong knowledge of the Microsoft Suite with specific emphasis on Excel

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

#LI-MM1

#LI-HYBRID

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.

  • Executive Underwriter

    3 days ago

    Chicago, United States Selby Jennings Full time

    An Insurance carrier we're partnered with is seeking an Executive Casualty Underwriter. They are consistently recognized as a great best place to work as they prioritize work-life balance and great compensation & benefits.Qualifications:Experience Matters: You’ll need a minimum of 7 years of underwriting experience. Your expertise will be crucial in...

  • Executive Underwriter

    3 days ago

    Chicago, United States Selby Jennings Full time

    An Insurance carrier we're partnered with is seeking an Executive Casualty Underwriter. They are consistently recognized as a great best place to work as they prioritize work-life balance and great compensation & benefits.Qualifications:Experience Matters: You’ll need a minimum of 7 years of underwriting experience. Your expertise will be crucial in...

  • Executive Underwriter

    3 days ago

    Chicago, Illinois, United States Crum and Forster Full time

    Executive Underwriter - Middle Market Solutions MidwestJob LocationsUS-IL-CHICAGO | US-MI-Remote | US-IL-Remote | US-MN-Remote | US-OH-RemoteJob ID CategoryUnderwritingTypeRegularDivisionComm Lines & Exec RiskCrum & Forster Company OverviewCrum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance...

  • Executive Underwriter

    3 days ago

    Chicago, United States Clark Davis Associates Full time

    Executive Underwriter, Middle MarketFull TimeSalary range: $120-160K + bonusPosition can sit remote in Chicago, Minnesota or Kansas City area.Responsibilities:Serve as the lead underwriting contact for the regionHandle book of new & renewal business focused in the manufacturing, retail, wholesale, hospitality, and commercial real estate industriesMeet...

  • Executive Underwriter

    3 days ago

    Chicago, United States Clark Davis Associates Full time

    Executive Underwriter, Middle MarketFull TimeSalary range: $120-160K + bonusPosition can sit remote in Chicago, Minnesota or Kansas City area.Responsibilities:Serve as the lead underwriting contact for the regionHandle book of new & renewal business focused in the manufacturing, retail, wholesale, hospitality, and commercial real estate industriesMeet...

  • Executive Underwriter

    4 weeks ago

    Chicago, United States Allianz Popular Sl. Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Select how often (in days) to receive an alert: Employing Entity: Allianz Global Risks US Insurance Compan Job Type: Full-Time Employment Type: Permanent ID: 40882 If you are a current AzC employee and wish to refer a candidate for this role, please click here for...

  • Executive Underwriter

    4 weeks ago

    Chicago, United States Allianz Full time

    If you are a current AzC employee and wish to refer a candidate for this role, please click here for instructions and eligibility criteria Cluster: Allianz Professional Let's care for tomorrow. Your ambitions. Your dreams. Your tomorrow At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz...

  • Executive Surety Underwriter

    1 month ago

    Chicago, United States Allianz Trade in North America Full time

    Job Purpose: Responsible and accountable for the marketing and underwriting of Surety portfolio within your region for the Allianz Trade North America Surety Team. The Executive Surety Underwriter is responsible for maintaining existing and developing new broker relationships, effectively marketing Allianz Trade Surety’s capabilities, underwriting...

  • Executive Surety Underwriter

    1 month ago

    Chicago, United States Allianz Trade in North America Full time

    Job Purpose: Responsible and accountable for the marketing and underwriting of Surety portfolio within your region for the Allianz Trade North America Surety Team. The Executive Surety Underwriter is responsible for maintaining existing and developing new broker relationships, effectively marketing Allianz Trade Surety’s capabilities, underwriting...

  • Executive Surety Underwriter

    4 weeks ago

    Chicago, United States Allianz Trade in North America Full time

    Job Purpose: Responsible and accountable for the marketing and underwriting of Surety portfolio within your region for the Allianz Trade North America Surety Team. The Executive Surety Underwriter is responsible for maintaining existing and developing new broker relationships, effectively marketing Allianz Trade Surety’s capabilities, underwriting...

  • Executive Surety Underwriter

    4 weeks ago

    Chicago, United States Allianz Trade in North America Full time

    Job Purpose: Responsible and accountable for the marketing and underwriting of Surety portfolio within your region for the Allianz Trade North America Surety Team. The Executive Surety Underwriter is responsible for maintaining existing and developing new broker relationships, effectively marketing Allianz Trade Surety’s capabilities, underwriting...

  • Executive Underwriter

    3 weeks ago

    Chicago, United States Old Republic International Full time

    **Job Title**:Executive Underwriter **Department**:Underwriting, Old Republic Allied Management Company **“**ORAMCO” **Supervisor**:AVP - Sr. Underwriting Manager **FLSA Status**:Exempt **Location**: 307 N Michigan Ave, Chicago, IL **About Old Republic**: Old Republic International Corporation traces its beginnings back to 1923. Old Republic is one...

  • Executive Middle Market Underwriting Consultant

    4 weeks ago

    Chicago, United States KING'S INSURANCE STAFFING LLC Full time

    Our client, an A-rated National Insurance Carrier, is expanding their Middle Markets Commercial Lines business and seeking to add an Executive Middle Market Underwriting Specialist to the Greater Chicago area. This person would be responsible for identifying and developing Commercial Lines business opportunities within the Chicago and Midwest region. Duties...

  • Senior/Executive Excess Casualty Underwriter

    4 weeks ago

    Chicago, United States KING'S INSURANCE STAFFING LLC Full time

    Our client has been experiencing tremendous growth within their Excess Casualty Underwriting Division and is seeking to add (2) Senior/Executive Excess Casualty Underwriting Specialist. This person would be responsible for marketing/production of new and renewal business while providing a customer-first mindset, putting our client's customers at the center...

  • Executive Underwriter Inland Marine

    4 days ago

    Chicago, United States Evenbreak Full time

    If you are a current AzC employee and wish to refer a candidate for this role, please click here for instructions and eligibility criteriaCluster: Allianz ProfessionalLet's care for tomorrow.Your ambitions. Your dreams. Your tomorrow At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether...

  • Senior Executive Underwriter

    2 weeks ago

    Chicago, Illinois, United States AIG - American International Group, Inc. Full time

    At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Executive Underwriter Group Captives to play your part in that transformation. Its an opportunity to grow your skills and experience as a valued member of the Underwriter, Writer, Executive, Senior, Business Services, Benefits, Insurance

  • VP, Underwriting Manager

    2 months ago

    Chicago, United States Chubb Full time

    VP, Regional Underwriting Manager – Chubb Global Casualty Develops and executes the Global Domestic Casualty growth and business unit strategies for the assigned territory of the Pacific South Region.  As the Underwriting Manager, this position will work with various support centers of Chubb Casualty to coordinate their efforts toward achieving profitable...

  • AVP, Underwriting

    4 weeks ago

    Chicago, United States Chubb Full time

    ScopeContribute to the achievement of the Chubb Global Casualty Segment business plan. The AVP, Underwriting is responsible for production, underwriting and maintenance of new and renewal domestic casualty loss sensitive accounts accounts within a defined territory. In addition, the AVP, Underwriting is responsible for establishing and cultivating business...

  • Regional Underwriting Manager-USA-EX

    2 days ago

    Chicago, United States Starr Insurance Companies Full time

    Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we...

  • Regional Underwriting Manager-USA-EX

    1 week ago

    Chicago, United States Starr Insurance Companies Full time

    Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today,...